The Details

The area is poised for a major redevelopment as it is home to some of the largest under-developed land in the city. The major one being Downsview Airport (which is 375 acres) was sold to a Pension Fund for $635 million. This will easily be one of the largest redevelopment sites in the nation and you have an opportunity to purchase in the area before and at pricing which will not be available to you in the future. To give you a magnitude of the size potential -- Canary Wharf in England is only 97 acres but has a working population of 120,000 people in 37 commercial buildings with over 300 restaurants. This future development land is well over 3.5 times the size.