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One Old Mill begins construction in upscale Etobicoke 'hood as sister building nears ground-breaking

Tridel’s moving into a relatively open market with its One and Two Old Mill condos on Bloor West just east of the Kingsway.

"There's ourselves, and a Lanterra project behind the Old Mill," says Tridel VP Jim Ritchie, summing up the condo space in the vicinity. "So it services south Kingsway, the Old Mill community and Bloor West Village."

And though not exactly bargain priced, the units, which start around 650 square feet, are considerably less expensive than the notoriously pricey homes in all three of those areas. Ritchie says one floor plan in particular sold especially quickly, mostly to single women: the 850 square foot one-bedroom plus den, which include two bathrooms, unusual for one-bedrooms.

Construction on One Old Mill began in November, and demolition of the sales centre at 2500 Bloor West is imminent, making way for Two Old Mill, which is nearing its 70 per cent sales mark.

The 12-storey, 275-unit One Old Mill is designed by Kirkor Archictects, which also designed Two Old Mill. Ritchie expects it to be ready for occupancy by fall 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 new house being built in the neighbourhood? Please send your development news tips to [email protected].
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