The 905 has supplanted Toronto proper as the region’s hub of condominium development, largely owing to the latter’s exorbitant land costs and surging tax regimes. Stubbornly elevated interest rates aren’t helping the 416, either.
Just over five years since construction began on Onni Group's towering Gilmore Place project, the developers are announcing commercial leases and anticipating the arrival of the first condo owners at the Burnaby master-planned site.
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