By: Rob Murray
Today, on a beautiful warm September morning, a crowd gathered to witness the first stage in the building of The Humber, an Options For Homes condominium – a symbolic demolition of the existing buildings on the site. The location at 10 Wilby Crescent is on a spectacular site above the Humber and across from Weston GO Station. OFH, a non-profit corporation has constructed many such buildings in the GTA.
A fair number in the crowd were future residents; I spoke to two excited purchasers; Cheyenne who will be moving from another part of Weston and Freddie, moving from North York. Both have bought 2 bedroom units in the building and are happy that they can purchase at a reasonable cost in such a natural location while being close to transit links.
Options for Homes CEO, Heather Tremain thanked Councillor Frances Nunziata for smoothing out obstacles to get the project under way and also for helping create a new parkette between The Humber and the existing Hickory Tree condos. It takes a lot of attention to detail to get a building project off the ground and this one was no exception.
Afterwards, a token demolition of existing buildings on the site took place.
Heather Tremain tells me that the project is already 40% sold and upcoming sales events are heavily subscribed so it’s likely that most units will be sold by November. Money made from the sale of homes goes towards building new projects and subsidizing future homeowners.
One minor quibble; the city of Toronto wants to encourage affordable housing yet charged this project (run by a non-profit corporation) $850,000 in development fees. That seems wrong.