The Royal Canadian Military Institute in a joint Venture with Tribute Communities has recently announced a project proposal to build a 42 storey condo on top of the existing Royal Canadian Military Institute building currently situated at 426 University Ave.
The existing building will retain its structural façade however, it will be renovated.
The residential component of the building will consist of a total of 315 suites. What is uniquely different about this building, is that the builders are proposing a completely car free building, no parking will be allocated to residents however, there will be a few parking spots devoted to car –share arrangements, where by residents can rent a car as needed by hour.
Although parking spots will not be an option for residents to purchase, the building is situated in a fabulous location and minutes from St. Patrick’s subway station, 3 blocks to major hospitals including Mt.Sinai, a few blocks away from the nearest Metro!
Construction is slated to begin early next year with a completion date of 2013.