| Follow Us: Facebook Twitter Youtube RSS Feed

Development News

12-storey, 270-unit condo to launch next month in Bloor West Village

Bloor and Old Mill is about to get its second condo.

Across the street and a little east of the area's only current condo, the low-rise Brule, Tridel has acquired the lot between the two GM dealerships and will build a 12-storey, 270-unit condominium at 1 Old Mill Drive.

"There's very little condo stock here," says Jim Ritchie, senior vice president at Tridel, of the west Bloor West Village neighbourhood. "We're surrounded by quite a bit of variety of housing, but it's on the more expensive side."

So while saying his new project will not be exactly downscale, the 650 to 2,300 square foot units will likely start in the low $300,000s and appeal to working couples who like the 90-second proximity to Jane station.

The design by Kirkor Architects, as Ritchie describes it, eschews the current glass trend for a pre-cast concrete look that allows the building to stay more in keeping with its residential surroundings.

Tridel expects to launch the building, called One Old Mill, by the end of October, and be in the ground, if sales go as expected, by December, 2011 or January, 2012, and be ready for occupancy by the end of the summer of 2013.

Writer: Bert Archer
Source: Jim Ritchie

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

Signup for Email Alerts
Signup for Email Alerts