Alba condo . New apartments are built on the street of Toronto. Multi-city and East York Community Council (Toronto and East York Community Council) vote.Please Visit: Alba condo to Get Your VVIP Registration Today!
Reject the proposal by the developers Association P.I.T.S. Developments to build eight apartment and office buildings on the track between Baffles Street (Bathurst St.) and Bluebird path (Blue Jays Way), south of Finn Street (Front Street).
“any developer can come up with any ridiculous plan, but in the end it is up to the municipal government to accept or suspend it,” said Zhou Kaijie, a Spartana district city councilman. Thankfully, the multi-city and East York community councils unanimously voted to stop the project. City staff have already said that this is a bad project. “
The multi-city council will meet at the end of this month to make a final decision on the development project, and it is not clear whether P.I.T.S. Developments will appeal to the Ontario Municipal Council ((Ontario Municipal Board,OMB), which is responsible for land planning arbitration.
The multi-city council approved in principle the Rail Deck Park, budget plan to build a 21-acre park on the track at a cost of about 1.66 billion yuan, while P.I.T.S. Developments’s commercial and residential property proposal contradicts the park plan. Rail Deck Park is led by multi-city governments and supported by Mayor Zhuangdeli.
This is an unfinished house, the interior has been completely knocked out, leaving only some basic walls and contours. Listing information shows that due to personal financial reasons, the homeowner can not continue to decorate, so it changes hands at a low price. When the owner bought the house in February 2017, the purchase price was 940000. This is a typical failure of many housing renovation projects since the provincial government successively stepped in to control the real estate market in April 2017. Some experts predict that such cases will gradually increase in 2018. Gone are the hot days when you can earn tens of thousands or even hundreds of thousands of yuan by buying an old house to renovate and change hands.
A real estate agent surnamed Liu, who spoke on condition of anonymity, commented that the house was one of the “heavy losses” after the Ontario real estate market began to be regulated in 2017 after seeing the changes in the case house displayed by the Urban Real Estate reporter. “when the homeowner bought it in February 2017, it was the hottest time in the market. Now that the house is out of the market, it is not difficult to see that it is because it cannot be sold at all. It is roughly estimated that the seller’s loss in more than a year is more than 200000, and the loss is a mess. ” “I expect that as various regulatory policies play their role and influence each other, such cases should gradually increase.”
