danforth.jpg

Why Are There No Condos on The Danforth?

The Danforth represents a lot of things to a lot of people. It is the centre of the city's Greek community and home to one of the city's largest festivals, it's a major transit route for moving people in and out of downtown, and it is generally regarded as one of the city's most desirable neighbourhoods to live in. However, one thing it definitely is NOT, is a hot spot for high-rise condo development. But why not?

All the ingredients for building 'up' seem to be there. Transit? Check. Vibrant shops and restaurants? Check. Ample supply of hipster hangouts? Check. The strip was even singled out in the City's official plan as one of Toronto's prime avenues-ripe for development and intensification. But still, if you take a walk along the Danforth between Broadview and Coxwell, you'd be hard pressed to find a building taller than 4 stories.

The Star had an interesting article this week that highlights some of the unique challenges facing any potential developer with an eye on building on the Danforth. Local resistance to change combined with severely fragmented ownership of land and a general unavailability of land being key factors in why we have yet to see a major condo project east of the Bloor Viaduct.

I have to believe that eventually we will see medium and even high-rise condos along the Danforth, but it may take many years yet. In the mean time, home prices in the area continue to rise, shutting out most first time buyers who once found relief there from the inflated prices in nearby neighbourhoods like Cabbagetown, Rosedale, and Leaside.

Photo by ~EvidencE~ from the blogTO Flickr Pool.


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

Self-replicating predatory 'water fleas' are taking over Ontario lakes

TTC will shut down a large stretch of subway this weekend

Another Toronto highway is about to become a gridlocked mess due to lane closures

Outrage after Ontario student explains how to use food banks for free groceries in viral video

Invasive 'zombie plant' species is wreaking havoc across Ontario lakes

Almost nobody believes Toronto's Eglinton Crosstown LRT will open this year

5 million people transferred from TTC in under 2 months with One Fare program

Toronto is giving away free trees for you to plant outside your home