{"id":21097,"date":"2023-08-23T23:29:45","date_gmt":"2023-08-24T06:29:45","guid":{"rendered":"https:\/\/essential.construction\/news\/utpro-instant-reports-bathurst-attracting-developments-in-mls-zone-c03\/"},"modified":"2023-08-23T23:29:46","modified_gmt":"2023-08-24T06:29:46","slug":"utpro-instant-reports-bathurst-attracting-developments-in-mls-zone-c03","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/utpro-instant-reports-bathurst-attracting-developments-in-mls-zone-c03\/","title":{"rendered":"UTPro Instant Reports: Bathurst Attracting Developments in MLS Zone C03"},"content":{"rendered":"

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In this week’s UTPro Instant Report, we’re exploring MLS Zone C03, mostly covering Forest Hill, Humewood-Cedarvale, Oakwood Village, and Midtown Toronto.\u00a0The upcoming\u00a0Eglinton Line 5 Crosstown LRT has the area poised to become increasingly accessible to the rest of the city, in addition to the existing service from stations on University and Yonge portions of Line 1, along woth connecting TTC bus and streetcar routes. Our Custom Location Report, powered by data from our UTPro service, provides a comprehensive overview of the developments in this area, particularly along Bathurst Street, one of Toronto’s major north-south thoroughfares.<\/p>\n

Map view of the MLS Zone C03 area, image from UTPro Instant Report<\/span><\/p>\n

Bathurst Street’s significance is amplified by two Major Transit Station Areas in the zone, notably at Eglinton West and St Clair West stations on University Line 1. The stations have played pivotal roles in shaping the street’s urban development over the years, making it a hotspot for both residential and commercial projects. Of the 63 total projects in this zone, 17 are found along this corridor. Now, the new MTSA designations promise the potential for even more development here.<\/p>\n

Our Custom Report reveals the following breakdown of projects in this zone: 42 pre-construction, 7 currently under construction, and 13 recently completed. Delving into the data, one can observe a trend towards mixed-use developments, predominantly residential with commercial spaces at grade, set to bring a total of 13,101 residential units to the local housing market.\u00a0<\/p>\n

Summary of proposals in MLS Zone C03, image from UTPro Instant Report<\/span><\/p>\n

Among the recently completed projects is the Barrington Condominiums<\/a>, finished in 2019. Located at 1486 Bathurst, this 18-storey building stands tall northwest of Bathurst Street and St Clair Avenue West. Developed by the Goldman Group<\/a>\u00a0and\u00a0Lash Group Of Companies<\/a>, and designed by Richmond Architects<\/a>, the condominium boasts 93 units and stands at 61.57m tall.<\/p>\n

An aerial view of the Barrington Condos, image by UrbanToronto Forum contributor someMidTowner<\/span><\/p>\n

Another project reshaping Bathurst Street is The Forest Hill Condominiums<\/a>. Situated at the southwest corner of Eglinton and Bathurst at 875 Eglinton Avenue West,\u00a0 this 17-storey residential development, currently under construction, will house 390 residential suites. Residents will have a direct connection to the Forest Hill station on Eglinton Line 5. Designed by BDP Quadrangle<\/a> and developed by CentreCourt<\/a>, the topped-off tower now stands 60.7m tall.<\/p>\n

Looking northwest to The Forest Hill Condominiums, image by Ed Skira<\/span><\/p>\n

Looking ahead, Raglan House<\/a> is proposed at 65 Raglan Avenue, north of St Clair Avenue West and west of Bathurst Street. A 28-storey condo building, the project is from developer\u00a0Camrost-Felcorp<\/a>\u00a0and designed by Arcadis<\/a> \u2014 the Amsterdam-based global firm that acquired Toronto-based IBI Group in Fall 2022. With an expected 320 units and height of 91.95m, this building is poised to be a significant addition to the area’s housing capacity.<\/p>\n

Looking southeast to Raglan House, designed by Arcadis for Camrost-Felcorp<\/span><\/p>\n

Further insights into the data reveal an average height of 62.89m, with the maximum height soaring up to 247m. Similarly, the median storey count is at 16.5, whereas the maximum number of storeys is 65. The gross floor area (GFA) is predominately residential, accounting for 87% or 936,278m\u00b2.\u00a0\u00a0<\/p>\n

GFA breakdown for MLS Zone C03, image from UTPro Instant Report<\/span><\/p>\n

The transit hubs along Bathurst Street and in MLS Zone C03 not only ensure seamless connectivity for residents but also adds value to their investments, making the region a sought-after destination for potential homeowners.<\/p>\n

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As UrbanToronto continues to refine its role in the GTA development industry, our data services have evolved to become one of our defining elements and we want to share those capabilities with our community. The\u00a0UrbanToronto Pro Instant Reports<\/a>\u00a0is just one of the ways our data can be applied to provide quick and convenient insights on the development trends of any area in the GTA, with filters for Wards MLS Zones, and Custom Areas.\u00a0<\/p>\n\n\n
Related Companies:\u00a0<\/td>\n\nArcadis<\/a>, Astro Excavating Inc.<\/a>, BDP Quadrangle<\/a>, Camrost-Felcorp<\/a>, Counterpoint Engineering<\/a>, Goldberg Group<\/a>, Grounded Engineering Inc.<\/a>, Jablonsky, Ast and Partners<\/a>, Live Patrol Inc.<\/a>, McIntosh Perry<\/a>, NAK Design Group<\/a>, NEEZO Studios<\/a>, Platinum Condo Deals<\/a>, Sigmund Soudack & Associates<\/a>, TCS Marketing Systems<\/a>, U31<\/a>, UCEL Inc.<\/a><\/td>\n<\/tr>\n<\/table>\n<\/div>\n