Which Condo Projects Will Benefit from the Preferred Relief Line Stops?

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At a public consultation on last night (May 31, 2016) the Downtown Relief Line took a step closer as we got our first glimpse of the approved Downtown Relief Subway Line along with where the City is planning the stops along the corridor.

Downtown Toronto Relief Line Approved Line

In addition, the Provincial Government announced that they will be giving Metrolinx $150 million for planning and design work on the brand new Relief Line which we detailed in a post last week.  The City of Toronto expects to complete the assessment study for the new Subway line in 2016.

The most exciting part of the consultation for condo investors is that we got our first look at the potential stops along the line and we are able to identify projects that will be located nearby subway stations once the Relief Line is completed.

Preferred Relief Line with Stops Highlighted
This map from the City of Toronto highlights the preferred corridor of the Downtown Relief Line and the stops are highlighted in Yellow

This is the first time in the Downtown Toronto Condo boom that investors will be able to purchase a condominium BEFORE a new subway line is developed and will truly be able to take advantage of a “buy low, sell high” situation.

river-city-large
There has never been a better time to consider investing in a condominium like River City 3, offering great prices and just steps to one of the proposed Relief Line Subway Stops that will almost certainly have a huge impact on pricing

We believe that this is some of the most exciting news for condo investors and there has NEVER been a better time to jump in than right now.  The City of Toronto has outlined the Relief Line as a major priority and the East End will almost certainly see a huge bump in prices and activity once shovels go in the ground.

Below, we will breakdown the recommended subway stations one by one and highlight condominium projects nearby

Queen & University (Go to location on map and browse condos)

Queen & Yonge (Go to location on map and browse condos)

Queen & Sherbourne (Go to location on map and browse condos)

King & Sumach (Go to location on map and browse condos)

Eastern & Broadview (Go to location on map and browse condos)

Queen & Pape (Go to location on map and browse condos)

Gerrard & Pape (Go to location on map and browse condos)

Danforth & Pape (Go to location on map and browse condos)

Sign up for any of the projects above to get immediate access to the latest floor plans and prices (or to get on the priority list if they are not yet launched). For all the information on the brand new Relief Line click here. If you’re looking to invest in a condo in Toronto, search at TalkCondo and contact our condo experts today for more information on the newly planned Toronto transit upgrades and which condo developments should stand to prosper.

Roy Bhandari