- What Caran Developments is proposing a mixed-use building in Toronto with 52 residential rental units
- Why The proposal would add density along a major roadway
- What next City council is reviewing the application
Caran Developments has submitted plans to build a 10-storey mixed-use development that would bring 52 new rental units to the west end of Toronto.
The project, in the Roncesvalles neighbourhood, would replace a three-storey, mixed-use building at the corner of Dundas Street West and Golden Avenue. Caran paid $1.5m for the site, at 2112 Dundas Street West, in November 2021. A year later, RBC provided a $1.6m loan on the property.
When completed, the development will house 22 studios, 24 one-bedroom apartments and six two-bedroom units. It also will have 194 sq m of ground-floor commercial space across three units.
Amenities are slated to include a gym in the basement and terraces on the ninth and 10th storeys. Some units on the fifth, seventh and ninth floors also will have balconies.
Three visitor parking spaces are proposed, accessible from the laneway off Golden Avenue. Caran intends to provide the city with a 1-m-wide strip of land at the rear of the property for a future expansion of the laneway.
The site is roughly 600m from the Dundas West subway station and the Bloor GO station, with access to the GO train and the Union-Pearson Express. High Park is 1 km away.
Caran, based in Etobicoke, has four residential properties in Toronto and Hamilton, along with nine other commercial properties across the Greater Toronto Area, including retail, industrial and community space.
