Transit-Oriented Development
Sixty years ago, there were only 12 Subway Stops between Eglinton Avenue and Union Station. Now, imagine if you owned a real estate property on what would become the future Bloor-Danforth Line, Sheppard-Don Mills Line or more recently the Toronto-York Spadina Expansion Line.
Lucky for us, we are witnessing history being made with the construction of regional rapid transit networks that will completely transform how we get around. Moving faster than a streetcar, an uber, or a bus, the Go Train and Ontario Line Subway is the future of our transit network.
In one of my Blog The #1 Condo Amenity, we discussed Public Transportation as the most sought amenity for investors and home buyers.
Increases in population growth and the growing trend of residents living in the outer rings of the city of Toronto will significantly impact the demand for daily commute. In Toronto, the added pressure and reliance on our public transportation network has increased the desirability to own, rent, live along the Subway line. And as a result of the higher demand, property values have skyrocketed.
With limited land opportunities to build along the Subway Line, Builders are now looking to other regional rapid transit networks for new development opportunities. Not only will the Go Train and other transit networks change how we move across our city, but it will transform the Real Estate Market.
Metrolinx and its partners have forward-looking transit plans that are intended to cut travel and connection times, fuel economic growth, revitalize and bring together entire communities across the city of Toronto and the suburbs. Check out the feature by Real Estate News EXchange- Click Here For Full Article
Go Train
The Go Transit rail services are provided throughout the Greater Toronto and Hamilton Area (GTHA) and the Greater Golden Horseshoe with over 7 main train lines (and counting) allowing for greater connectivity from point A to Z.
Ontario Line
The Ontario Line will expand 16 kilometres and include 15 new stations and stops connecting communities across Toronto east to west, north to south from Ontario Place to the Ontario Science Centre. Residents will greatly benefit from the connections across the region, especially as we prepare for population increases in Toronto and the GTA.
Neighbourhoods experiencing regional growth and major redevelopment, breed new transit-oriented development opportunities that open the door for investors and homebuyers to buy properties at the ground-level. Both the Go Train and the new Ontario Subway Line have caught the attention of top Builders in the GTA.
Check out one of the Newest Condo Launches🚀 to hit the market with impeccable upside growth potential and connectivity.
Register below for Floorplans + Pricing.
Grand Central Mimico
Steps to Mimico Go Train. The Buckingham, the first building by Vandyk Properties will be 2 stops from Union Station, minutes to Royal York Subway Station, and the QEW. Located in the Mimico neighbourhood, the Buckingham will be steps to the Waterfront and a one-stop away from the new Ontario subway line, offering great connectivity. Coming Soon! Register for Floorplans + Pricing.
Coming Soon!
We will be meeting with clients to preview suites for the first building-The Buckingham at Grand Central Mimico. If you're interested in receiving floor plans & pricing, register below.