In a significant pivot for the Etobicoke City Centre redevelopment, Montez Corporation has dramatically redesigned its flagship tower at 1243 Islington Avenue, switching from a 702-unit condominium to a 527-unit rental building while reducing the structure from 61 to 50 storeys. The shift reflects a broader GTA trend: developers converting condo projects to rentals and recalibrating unit mixes for more liveable spaces. The redesign drops studio units from 53 to 15 while increasing one-bedroom and two-bedroom units—addressing investor-focused floor plans with liveable rentals. Notably, elevator capacity improves dramatically: the original plan meant one elevator per 140 condo units; the rental version offers one elevator per 105 units, significantly reducing wait times. Positioned directly across from Islington subway station in a Protected Major Transit Station Area, the project is among a transformative cluster reshaping Etobicoke Centre. The building joins dozens of new residential and rental towers reshaping the neighbourhood’s mid-century suburban identity into a high-density transit-oriented hub. For complete details and architectural renderings, visit the original article on UrbanToronto.
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