Quote:
Originally Posted by Authentic_City
^Cheap rents, permissive zoning, and proximity to Wolseley and the West End. The West End is the new Wolseley. Lot's of young folks I know who are priced out of Wolseley are buying homes in the West End.
Wall Street slice is great, IMHO.
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Yup. It's mostly zoned "M1" - light manufacturing, which means lower land values/rents (compared to commercial zoned land) while still allowing a wide variety of commercial uses you'd find in a slightly gentrifying manufacturing neighbourhood (craft breweries, bakeries, small manufacturing, small cafes, etc.)
And lots of Wall and Erin Streets aren't even that bad from a basic urban perspective... small-scale, up to the sidewalk, not overwhelmed by parking...
I think the earlier comparison to Williamsburg (or Red Hook or Bushwick) with respect to architecturally plain but still potentially very hip manufacturing areas is pretty apt.