$75-million acquisition of bingo hall on Toronto’s St. Clair Avenue West

Sequoia Grove Homes’ $75-million acquisition of a former bingo hall on Toronto’s St. Clair Avenue West sets  redevelopment plans for the property.

The plan proposes development of 30-, 40- and 45-storey condominium towers containing a total of 1,151 units.

Colliers began marketing the 3.76-acre property at 1799 St. Clair Ave. W. in the summer of 2020 while the Delta bingo hall was closed due to government-imposed COVID-19 safety precautions.

 

Delta had occupied the site on the south side of St. Clair, just west of Old Weston Road, since 1985. The company was launched in 1967 and has raised more than $150 million l charities since 2005.

 

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