New luxury condos rise as new era begins for Toronto’s transit

June 13th, 2013

new public transit in Toronto

Undoubtedly, access to transit is a driving factor for many when considering where to live and work. It’s no surprise that the LRT is coming to Yonge and Eglinton, one of Toronto’s most sought after neighbourhoods. It’s also an area seeing an increase in condominium buildings, like our very own E Condos! Construction
began just over a week ago on the Eglinton-Scarborough Crosstown LRT and this officially marks a new era in public transit for Toronto.

New Toronto Subway MapHere are some facts about the Eglinton LRT:

  • $8.4 Billion infrastructure investment
  • Because it will connect between 52km of new light rail transit, 54 local bus routes, and 3 TTC interchange subway stations – the Crosstown will cut travel time significantly.
  • Will be linked with GO Transit
  • The Crosstown will ease traffic and benefit the environment by creating less air pollution
  • All Crosstown stations will accept the new PRESTO payment card system.
  • It will create thousands of construction jobs and provide lasting economic benefits to Toronto and its surrounding region, including through using many local suppliers and contractors
  • Phase 2 of the LRT line will stretch from Jane to Pearson International Airport

new Toronto Subway constructionWork on the Eglinton-Scarborough Crosstown LRT began last week with two tunnel boring machines excavating underneath Eglinton Avenue.

The goal of expanding the transit system is so that majority of the Greater Toronto and Hamilton Area (GTHA) population is within 2 km of transit.

What do you think? Is the LRT a welcomed-solution to our growing population?