Although Republic Developments tells STOREYS that there are no “imminent” plans to demolish The Anndore House until market conditions improve, they add that “the site is in an incredibly desirable location and it is only a matter of time before it’s redeveloped for its highest and best use.
Republic’s plans date back to December 2021, when 54 storeys and 549 condo units were proposed. Both those figures were revised up to 66 storeys and 610 condo units more than a year and a half later, in September 2023. The most recent planning letter notes that the unit count has been adjusted since “as a result of structural coordination and design development.”
“The location is tremendous,” Wilcox goes on to say, when asked what drew Republic to the particular addresses. “The site is steps from Yonge Street, and less than a five-minute walk from Yonge-Bloor Station. It’s also directly between two of the city’s most exciting neighbourhoods, Yorkville and the Village, and is walking distance to both the University of Toronto and Toronto Metropolitan University.
Nestled on the scenic shores of tranquil Vancouver Island, 6520 Eagles Drive serves 5,482 sq. ft of award-winning custom designs and nature-filled landscapes, with stunning ocean and mountain vistas.Receivership orders went into effect over both development sites on June 4, 2024, and now, KSV Advisory — the appointed receiver — is petitioning the Ontario court to approve sales process orders.