GREENBELT
• Hume: Five years later, Greenbelt’s something to celebrate [ Toronto Star ]
• Humber, Don rivers added to Greenbelt [ National Post ]
• Don, Humber river valleys to get greenbelt protection [ Toronto Star ]
• Don, Humber valleys to join Greenbelt [ Toronto Sun ]
ARCHITECTURE
• Massive reno holding on to bits of Gardens’ glory [ Globe & Mail ]
• Saving Toronto heritage ensures city’s future [ Toronto Star ]
• Where old is new (and improved) again [ Toronto Star ]
• Porter: Sharpen up our rinks with ‘wild imaginings’ [ Toronto Star ]
CITY EVENTS
• Downtown to become a fortress for G20 summit [ Toronto Star ]
• On your mark, get set for Pan Am Games [ Toronto Star ]
• What Toronto can learn from the Olympics [ Globe & Mail ]
TTC
• Comment: The TTC’s alphabet of problems [ National Post ]
• The TTC that could be [ National Post ]
• TTC chief admits he misjudged rider anger [ Toronto Star ]
• Companies vie for chunk of $1.2B TTC streetcar contract [ Toronto Star ]
NEIGHBOURHOODS / COMMUNITIES
• It’s all in the name for this gritty ‘hood [ Toronto Star ]
• After 62 years, Regent Park gets a bank [ Toront
• Duke’s Cycle returning to Queen Street [ Globe & Mail ]o Star ]
• Politics not as usual in Ward 27 [ Globe & Mail ]
• Aging neighbourhood rediscovered [ Toronto Star ]
• Going cricket crazy [ National Post ]
MAYORAL RACE
• Kyle Rae endorses potential successor [ Toronto Star ]
• Does The Mayoral Race Need A ‘Culture War’? [ National Post ]
PEDESTRIANS
• Bricks force pedestrians to confront perilous paths [ Toronto Star ]
• Slushy journey? Blame the rules on when to call the snowplows [ Toronto Star ]
OTHER NEWS
• Rapture on Yonge St. as fans celebrate hockey gold [ Toronto Star ]
• O Canada, Oh ya! Toronto parties [ Toronto Sun ]
• Give Toronto Zoo to the feds? [ Toronto Sun ]
• ROM’s secret stash of wonders [ Toronto Sun ]
• Proposal would nix rent control for daycares [ Globe & Mail ]
• The untold perils of Toronto policing [ Globe & Mail ]
• Toy maker will work for scraps [ Globe & Mail ]
• Snow days a thing of the past at GTA schools [ Globe & Mail ]
• Fiorito: Nasty book aims at homeless [ Toronto Star ]
• Dancers swarm Eaton Centre for a good cause [ Toronto Star ]
One comment
Re: Dukes
The calculation of the new tax burden were based on the 2008 MPAC assessments. In the case of Dukes cycle (623-625 Queen St. West) it was woefully under-assessed. The 2008 assessment has these properties valued at $ 654,975.00. As someone who is very familiar with the area, this assessment does not reflect the market. The Cameron House, a much smaller building of similar age is currently listed for more than 2 million. In light of this it is fair to say that being un-viable at a full CVA tax rate of $ 26,598 per year, think about what might happen with a more realistic assessment. If the assessment was updated to a more realistic 3 million, the taxes would rise to more than $120,000 per year.
Think about this. It is barley viable to rebuild commercial space on Queen West, on land that is already owned. With a undervalued assessment. If the redevelopment of these properties had included the need to purchase the land and had a realistic assessment, they would have not gone ahead. The only thing viable would have been, drum roll please …………..
condos.