Option To Purchase

Greater Toronto Area-based developer Cando Apartments has filed plans to transform an under-utilized Central Scarborough lot into an infill development offering four new towers with heights of 49, 44, 31 and 17 storeys, alongside an existing 17-storey rental apartment building.

The four new towers would be residential and mixed-use in nature and would deliver 1,339 new housing units across 1,265,835 sq. ft of residential area plus 7,728 sq. ft of retail space. Cando filed its plans for the transformative project in late June, which support Official Plan and Zoning By-Law Amendment applications to increase density and height limitations currently imposed on the site. As well, a Rental Housing Demolition application is being filed to do away with an existing 13-storey rental building located on site, and a Draft Plan of Subdivision seeks to divide the subject site into parcels to allow for a new public road and parkland.

Aspen Ridge has submitted plans for a 39-storey residential tower to advance the master-planned Crosstown Community at Don Mills Road and Eglinton Avenue East. The tower would be located within Block 6C — one of 17 blocks that make up the 60-acre mixed-use, transit-oriented development anchored by the Don Valley Station on the Eglinton Crosstown LRT line, which is slated to open this September.

The sprawling community, first approved in 2019, has begun to take shape in recent years with the completion of Crosstown Place, a nine-storey office building in Block 1, and the currently under-construction 39-, 34-, 32-, eight-, and three-storey One Crosstown Towers I, II, III, and The Crest in Block 12, and the 27-storey Generations Tower in Block 5A.