[SOLD] Islington Terrace
We secured a transaction with Tridel to develop an integrated high-density residential neighbourhood on a strategic, transit-connected location at Bloor Street and Islington Avenue. After successfully working through various environmental and developmental site constraints, we were able to create a better opportunity for this 3.3-acre site, just north of the Islington subway station.
This new development will integrate 1,200 homes, along with prime retail space at grade – improving upon the neighbourhood and representing a new residential market for this area. We hope that this new community will become a catalyst encouraging further development around the Bloor Street and Islington Avenue area.
Please visit the Tridel website for more information on the project.
DetailsMajor Intersection: Bloor Street West and Islington Avenue (64-70 Cordova Avenue)
Surrounding Uses: Single-family residential to the north; Canadian Pacific Railway to the southeast; Islington subway station south of the tracks; and four 1960s high-rise rental apartments to the west.
Councillor: Mark Grimes
Site Area (acres): 3.3
Past Use: TTC commuter parking lot
Proposed Use: Residential
Official Plan - Land Use Designation: Mixed-Use Area
Planning and Staff Reports:
- Transit-oriented development
- Quality urban design
- Repurpose an underutilized site
- Manage environmental remediation on site