After 15 years and $12 billion, the Eglinton Line 5 (Crosstown LRT) is finally operational, promising to reshape Toronto’s landscape. While the launch wasn’t without its hiccups – mirroring issues seen with the Finch West LRT – the new line boasts impressive speeds, particularly in its tunnelled sections, potentially reaching 80 km/h. This enhanced connectivity is expected to revitalize neighbourhoods along Eglinton, impacting property values and accessibility. However, challenges remain, especially on the at-grade eastern stretch, where traffic congestion continues to cause delays. Proposals to eliminate specific traffic movements could drastically improve efficiency. Will Line 5 live up to its rapid transit promise and unlock new real estate opportunities?
Read more about the Eglinton Line 5 opening and its potential impact on Toronto’s real estate market on UrbanToronto.
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