Before disappearing

It's been 50 years since the emergence of condos began to redefine Toronto development and old stile buildings are rapidly replaced by glass-and-steel cond...
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It's been 50 years since the emergence of condos began to redefine Toronto development and old stile buildings are rapidly replaced by glass-and-steel condos. This lovely yellow building will be replaced by condo by the end of this year.
A half-century ago, condominiums were an obscure, novel concept in home ownership. Made legally possible in 1967, the notion of owning a suite, and then paying fees to maintain common areas, was seized on by governments as a solution to a crisis in affordable housing in the late 1960s.
It did not work. But 50 years later, while it remains for many the only hope of affordable home ownership in Toronto's red-hot housing market, the tower-of-glass luxury condo has also become a dwelling of choice for a new more urban generation, radically remaking entire Toronto neighbourhoods in the process.
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