An LCBO and a Dollarama location are the latest targets in the crosshairs of developers as the condo-fication of Yonge Street soars to new heights....
A March proposal from the team of developers CentreCourt, Fitzrovia and Choice Properties REIT seeks to bring a 68-storey condo tower to a site at 543 through 549 Yonge Street.
The current building would be demolished to make way for the towering new condo development, vastly increasing density on a site just steps south of Wellesley subway station on the TTC's Line 1. A total of 663 condominium units are planned for the development, the vast majority proposed in investor-friendly single-bedroom and studio units, along with 102 two-bedrooms and 69 three-bedroom units better suited to families.
This massive boost in residential density would be anchored to the street via a planned 356 square metres of retail space within the base of the new tower, though there is no explicit indication that Dollarama or the LCBO would retain their presence on site.
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