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“I spent three years thinking about buying an investment property either a condo in Toronto or a house in a secondary market. My goal was to eventually build up a portfolio of investment properties, and the pandemic presented a great opportunity to start doing that. Interest rates were low and prices were low. Historically, condo prices have steadily gone up, so I figured it would be a good long-term investment. And I like that downtown Toronto has a ton of great restaurants and festivals (in normal times, of course). It’s convenient to get around, and you don’t need a car.
TTC will close portion of Line 1 for 10 days to accelerate state-of-good-repair work.
Toronto Transit Commission
An HDR-Gannett Fleming led team has been selected as the program consultant on the Toronto Transit Commission’s Subway Capacity Enhancement Program for Line 2. The team will provide advisory, planning and engineering services on the capacity enhancement of TTC’s Line 2 subway in Toronto.
Line 2 Bloor-Danforth, from Kipling Station to Kennedy Station, is one of the busiest transit lines in Canada. Prior to the COVID-19 pandemic, it served more than 550,000 customers per weekday, with rush hour ridership reaching over 23,000 passengers per hour. It’s expected that over the coming two decades demand will continue to grow during rush hour to more than 31,000 passengers per hour by 2041.