T-Bor
Active Member
Agreed, pretty basic. But those had an intangible value. Because the rules were so permissive, you saw those units like you showed on so many corner lots in the old city. This proliferation had the effect of limiting any speculation.
I.e. I found that there was no FOMO out there, because everyone knew they existed and had an opinion on 'infills'. Hell, there are bus stop benches with infill developer advertisements, they're so common. So for me, I'd prefer boring designs that help drive prices down 30%
As an aside, I was absolutely flabbergasted to find out that lot severance did not become as-of-right with all these new zoning reforms in Toronto. A developer can build a 4-plex with no additional reforms, but if you want to turn one East York detached into two semis or two detached, and legally sever the property, you need to jump through hoops
But I digress
I.e. I found that there was no FOMO out there, because everyone knew they existed and had an opinion on 'infills'. Hell, there are bus stop benches with infill developer advertisements, they're so common. So for me, I'd prefer boring designs that help drive prices down 30%
As an aside, I was absolutely flabbergasted to find out that lot severance did not become as-of-right with all these new zoning reforms in Toronto. A developer can build a 4-plex with no additional reforms, but if you want to turn one East York detached into two semis or two detached, and legally sever the property, you need to jump through hoops
But I digress
