Transit-Oriented Condominiums Proposed in Toronto
Centrally located, just south of the intersection at Don Mills and Eglinton, the Metro Park development will welcome its first occupants in May 2025. Its selling points include proximity to parks, culture (the Ontario Science Centre and the Aga Khan Museum) and commerce (Shops at Don Mills). But perhaps one of the biggest draws for buyers will be the unprecedented access the new build offers to various forms of transit.
One 2015 study found that Toronto property located near public transit sold at a 30 percent premium. The Eglinton Crosstown LRT due for completion next year puts multiple stations within walking distance of Metro Park, he points out, and it promises to transport residents across the city 60 percent faster than previously. In addition, a major TTC bus terminal will be located at Science Centre station.
Finally, the new Ontario Line – currently slated for completion by 2030 – runs from the nearby Science Centre station, offering quick downtown access.
For more on this story, go to The Toronto Star.
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