The Opportunity

DEVELOPMENT POTENTIAL

A full professional package of reports and studies were completed to rezone this site to TD1. This creates the opportunity to build a 6-storey building on the site. There is planning policy to intensify the entire neighborhood around the Cyrville LRT station, which is a very short 5 minute walk from the site.

Labrie Avenue is a street in transition with mixed-use retail, residential and commercial buildings lining the street. It’s an active area which is going to continue to expand and mature as projects continue to develop around the transit station.

Two architectural concept packages are available for this site.

  • Concept 1 was submitted with the rezoning.
  • Concept 2 is a revised concept with smaller units to create more affordable housing options.

Architectural Concept 1

6-storey building with underground parking.

Summary

Concept 1 was completed by Sam Morgan Architect of Toronto for the rezoning submission featuring a 46-unit 6-storey residential building with underground parking, bicycle storage and lockers. This concept features one bed, one bed plus den and 2 bed units.

    • Storeys – 6
    • GFA – 42,894 sf
    • Lot Coverage – 42%
    • Units – 45
    • Studio – 0
    • 1 Bed – 11
    • 1 Bed + Den – 11
    • 2 Bed – 23
    • Underground Parking – 31 spaces
    • Bicycle Parking – 31
    • Storage – 28

Reports and Studies Library

Click links to open reports and studies.

Architecturral Concept 2

6-Storey Building Front Facade Elevation

Summary

Concept 2 was completed by +VG Architects to re-imagine an affordable unit mix. The Concept features a 67 unit 6-storey residential building with no underground parking. This concept features studios, one bed, one bed plus den and 2 bed units.

    • Storeys – 6
    • GFA – 32,025 sf (not including roof amenity area)
    • Lot Coverage – 48.5%
    • Units – 67
    • Studio – 25
    • 1 Bed – 20
    • 1 Bed + Den – 5
    • 2 Bed – 17
    • Underground Parking – none
    • Bicycle Parking – 32
    • Visitor Parking – 6

Reports and Studies Library

Click links to open reports and studies.

Constructed Project Scenarios

Summary

Several estimated constructed project scenarios have been provided. These are for information only – buyers should review all information independently.

As the two concepts completed have different unit mixes and GFA, median numbers have been used for the estimating cost scenarios.