Cresford Developments has been focusing on Charles St recently, with its CASA development at 33 Charles St West and Bloor Street Neighborhood development at 38 Charles St . This site should be another great success as East Charles St. in general has also been popular with both developers and end users in the past few years, with 77 Charles West by Aspen Ridge Homes and Chaz on Charles by Edenshaw Homes on 45 Charles St. East. all doing very well.
According to Urbanation, number cruncher to the development industry, 16 000 new condo units are expected to come to Toronto this year (5 500 will be in the downtown core).The Yonge and Bloor area is set to becomce a $900/sq foot neighbourhood in the next few years. With th the launch of many luxury condos in the area, it can only go up from here
Living Realty Inc., Brokerage