Stafford and DBS Developments to build of a 48-storey rental tower at 11-21 Johnston Ave. that will contain upwards of 524 rental units.
An area of the Toronto that has been deemed by two developers as being “one of the most underserved rental nodes in the city” will shed that label thanks to a new structure planned for the Yonge St. and Sheppard Ave. district.
Last month, Stafford and DBS Developments announced their first joint venture with the build of a 48-storey rental tower at 11-21 Johnston Ave. that will contain upwards of 524 rental units totaling an estimated 350,709 sq. ft. of residential space.
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