The Lofthouse

POPULATION INCREASE & ECONOMICAL OUTLOOK

Toronto is the largest city in Canada. It is home to over 2.7 million people and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!

WORLD CLASS CITY

Toronto is widely considered to be a world-class city due to its vibrant economy and high-quality living standards. It is also recognized internationally as the most diverse and multicultural city in the WORLD. The city is also a hub for innovation, boasting the second largest financial center and one of the fastest-growing tech sectors in North America. In addition, Toronto is home to THREE world-renowned universities, including the University of Toronto, Toronto Metropolitan University, and York University, further cementing its status as a center of academic excellence.

CONNECTIVITY & TRANSPORTATION

The city is serviced by Subway transit, Up Express, Streetcars, GO Transit, The Eglinton LRT (Light Rail Transit), Billy Bishop Airport and is only a short commute to Pearson International Airport – Toronto is connected and can take you anywhere you need to be.

LOCATION, LOCATION, LOCATION

Located in Toronto’s North Riverdale neighbourhood, you will be moments from both the Yonge-University & Bloor-Danforth Subway Lines seamlessly connecting you to all parts of the city! Surrounded by hundreds of restaurants, shops, and entertainment venues, a substantial employment centre, and essentially the best of what Toronto has to offer.

REPUTABLE DEVELOPER

The Lofthouse is the latest offering by Grid Developments, a prolific developer with a strong understanding of the urban fabric that Riverdale and Leslieville strives to achieve.