| Follow Us: Facebook Twitter Youtube RSS Feed

Development News

Finishing touches going in as 500 Sherbourne wraps up and accepts first residents

The one-tower, two-loft condo development on Sherbourne Street just north of Wellesley is nearing completion.

Located at 500 Sherbourne, the tower, developed by Times Group Corp., is finished, 85 per cent sold and taking occupants, according to marketing director Elmar Busch, who describes his company, which has been active in Toronto for about 25 years, as "the biggest developer between Bayview and 400 on Highway 7."

One of the two loft buildings is completed, which shares the podium with the tower, and the other, on an adjacent lot, is within weeks of being done. Both of these, according to Busch, are about 70 per cent sold.

Excavation on the site, which is just south of Our Lady of Lourdes Catholic church and west of the towers of St. Jamestown, began in August of 2007.

Writer: Bert Archer
Source: Elmar Busch

Do you know of a new building going up, a business expanding or being renovated, a park in the works or even a new house being built in the neighbourhood? Please send your development news tips to [email protected].

Signup for Email Alerts
Signup for Email Alerts