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Real Estate

Toronto Star makes real estate and numbers fun with an illustrated feature on city condo living

Toronto Star makes real estate and numbers fun with an illustrated feature on city condo living
Toronto condo towers (Image: picturenarrative)

In a flurry of pie charts, bar graphs and cartoons this past weekend, the Toronto Star published its first instalment of Vertical Toronto, a visual series about condo life in the city. And, yes, we learned a thing or two. Turns out 60 per cent of Toronto households live in apartments—379,055 in high-rises, 205,825 closer to the ground. Remember when we reported that Toronto’s condo-building blitz is crushing New York City and Mexico City? The Star reveals the numbers behind completed condos: while T.O. (1,879) is far, far behind NYC (5,967), Hogtown is still ahead of every other city in North America. But the most interesting factoid comes from a sidebar about the sculptures outside city apartment towers: it seems developers aren’t actually enthused patrons of the arts. Section 37 of the Planning Act allows them to petition for a higher or denser build if they make a generous donation to a “community benefit,” like parks, community centres, heritage sites or public art installations. Since 1998, 130 works have been funded this way. Read the entire story [Toronto Star] »

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