From my last write up of Lakeside, I mentioned the puzzle pieces were there with the upcoming Google / Alphabet / Sidewalk Labs development at the waterfront, increased immigration in each upcoming year and the demand for condo projects. Anyone who put them together would realize the potential return and if they had a chance would act accordingly.
Here are more puzzle pieces: the East Harbour transit hub which would include at least 2 GO Train lines, a streetcar line, and the future Relief Line Subway all intersecting at this hub. The projected growth population of the GTA is going to grow from 6.4M to 9.6M by 2041. That’s a growth of 67% so where are all these people going to live? Wherever there’s a unit available. Where are they going to live, work and commute? Where there’s a hub.
Eventually, the East Harbour area will be more than just a hub, it will be an ecosystem. Just watch out for the self driving cars chauffeuring people around and delivering packages in conjunction with these new transit lines.