[citylights]

The change in unit mix here is fascinating, and such a sign of the times.

Original submission had a makeup of 7% studios and 15% 1-beds.

This latest submission has reduced the studio count to 2% and bumped up 2-bed's to 25%.

The bulk of 1-bed's now include a den.

Past Centrecourt projects have typically been much more studio heavy at around 20%.

Four walls, a micro kitchen, and a broom closet sized washroom no longer cut it in this market.

Still probably won't be enough to get them sold, but nice to see a trend towards greater quantities of larger unit sizes.

 

[dt_toronto_geek]

I can't see this happening anytime soon, but I like it and nothing special is lost, and no heritage impacts. BlogTO chimes in - https://www.blogto.com/real-estate-...250626014_20250630&oly_enc_id=8908C2475078C4S

 

[Koops65]

Happy Canada Day!

Link to full-size render

 

[ProjectEnd]

The change in unit mix here is fascinating, and such a sign of the times.

Original submission had a makeup of 7% studios and 15% 1-beds.

This latest submission has reduced the studio count to 2% and bumped up 2-bed's to 25%.

The bulk of 1-bed's now include a den.

Past Centrecourt projects have typically been much more studio heavy at around 20%.

Four walls, a micro kitchen, and a broom closet sized washroom no longer cut it in this market.

Still probably won't be enough to get them sold, but nice to see a trend towards greater quantities of larger unit sizes.

CentreCourt, like most other developers now, is moving into the rental space.

 

[Northern Light]

This caught my attention in a Renx article on Choice Reit:

Source:

Choice kicks off Q2 financial reporting season with solid results

Second-quarter reporting season for real estate investment trusts is underway and Choice Properties REIT was the first major retail trust to release its results in this uncertain economic environment.

renx.ca

That is suggestive of a very different proposal that the one we're looking at............

I don't think of Centre Court as buy and hold.....

@ProjectEnd will have his insight solicited.

****

555 Yonge is old office to condo conversion. The suggestion here is that they've bought an interest in one retail unit in the building? The building is certainly not 3,400ft2.