One of Toronto's oldest diners could be demolished for condo
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Yet another luxury condo building is currently in the works for Toronto's Yorkville neighbourhood, and it could put the future of one of the city's oldest diners in jeopardy.
Greybrook Realty Partners announced Wednesday that they successfully closed an equity investment worth $41,765,000 to acquire five properties in Yorkville. The properties are located at 148, 152, and 156 Avenue Rd., as well as 224 and 234 Davenport Ave.
In partnership with Tribute Communities, Greybrook plans to build a luxury high-rise condominium consisting of over 380 units and more than 6,000 square feet of commercial space at grade at the northwest corner of Avenue and Davenport.