A huge condo tower could replace an apartment building in Toronto
A huge condo tower proposed to replace a much smaller rental tower in 88 Isabelle Street in Toronto is just another sign of the times. In a application filed with planners in Aprilthe rental apartment building just east of Church Street is set to be leveled to make way for a 62-story condominium tower.
Capital Developments asks the city to approve the plans for the construction of a Diamond Schmitt Architects-a building designed that would redefine its mid-block site with a commanding presence, replacing an existing 14-story rental tower built in 1965 at a time when the city was undergoing an equally transformative residential boom.
The tower would rise from a six-storey podium designed to match the existing character of Isabella Street, although the development represents a significant increase in height from what exists on the block today.
At 197.35 meters tall, it would rank as the 27th tallest building in Toronto if completed today, although with an extremely long list of tall towers planned and under construction in the city, and a long approval process in the cards, it’s unlikely the building will even make the top 40 when it’s completed.
88 Isabella would meet the street with a residential lobby and 2,107 square foot daycare. Above, the 82 rental units housed in the existing building would be replaced with new units spread over five levels at the base of the building.
The 54 upper floors will contain 751 condominium apartments at market price, bringing together a total of 833 residential units.
It will be a huge increase in residential density for the relatively quiet two-lane street (and the wider housing-scarce city), but the proposal also plans to give back to residents of the existing area by dedicating nearly 2,230 square feet of space, or 10 percent of the total site footprint, as a city park.