Conceptual Rendering
RENTAL REPLACEMENT SUMMARY
As part of the redevelopment, the existing 19 rental townhouse units will be replaced and rebuilt back into the new development on-site. The townhouse units will be replaced by their respective bedroom types, at comparable unit size, and at similar rents to those in effect at the time of application. As part of the development and replacement of rental units, at least 13 parking spaces will be provided back on-site for the existing tenants and new replacement units. Please refer to the following page for the rental unit chart mix which indicates the number of units in each of the rent tiers for replacement. As approved, at least 1 replacement unit will be provided and maintained at affordable rent. Of the approved 365,973 sq. ft. of GFA, 30,844 sq. ft. will be utilized for the replacement of the existing units which range in size from 1,153 sq. ft. to 2,250 sq. ft. between 3 and 4 bedroom units. The 19 replacement rental units are located in the base of the building, of which 17 will be two-storeys located either on the first or mezzanine floors, or the second and third floors. The remaining 2 replacement units will be single storey apartment units located on the mezzanine or third floors. Of the 17 replacement rental units, 8 units will be located at grade and have individual entrances with direct access to private outdoor patios that will lead out either to Balliol Street on the north side of the building, or to the proposed park on the east side of the building. The remaining nine two-storey units will be located on the second and thirds floors directly above the grade-related units and will have private balconies. Please refer to the data room for more information on rental replacement and tenant relocation.
EXISTING RENT CLASSIFICATION
Affordable
Mid-Range
High-End
Total
3 Bedroom
1
4
3
8
4 Bedroom
0
4
7
11
Total
1
8
10
19
14 // 57-93 Balliol Street
15 // 57-93 Balliol Street
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