Group of east-end homeowners court densification—and a higher sale price—by bringing their properties to the market as a single parcel.
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The redevelopment of Toronto’s low-rise residential neighbourhoods is more often than not a contentious issue for people living in such areas. While developers are the ones who typically assemble land for new projects (often incurring the wrath of adjacent homeowners in the process), a group of east-end homeowners are embracing densification—and an improved sale price—by banding together to put their adjacent single-family homes on the market, creating an instant land assembly for future redevelopment.
The individual owners of 51 to 61 Coxwell Avenue and 2A Ashland Avenue, half a block south of Dundas Street, have joined together to bring their respective properties to the market as a single parcel, with a combined frontage of 119 feet on Coxwell and 114 feet on Ashland.
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