Toronto needs more mid-rise condos, report says

[Sheba]

The GTA is plagued by “dead zones” along many of its major streets that could become affordable new family-friendly neighbourhoods and vibrant shopping areas if rezoned for desperately needed mid-rise condo projects.

Whole stretches of prime real estate — especially along key transit routes like the Bloor-Danforth subway — are hobbled by outdated zoning and low-rise buildings that would make ideal spots for five- to 11-storey condo complexes and new walkable, transit-oriented neighbourhoods, notes a new report being released Friday.

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British Columbia amended its code back in 2009 and now has some 250 mid-rise projects built or under construction.

http://www.msn.com/en-ca/money/topst...ays/ar-BBj0nrL