The Shannondale (née Electrohome, 152 Shanley St) | 8 fl | U/C

[Chris]

I think remediation is going to be much higher than $2M. But that's not the only cost of that, you also have legal costs and a lot of other costs. As for the current owner, I have no idea what they're thinking, as it makes no sense for them to have repurchased the property.

My granddad worked for GE, and the chemicals they used were insane. I imagine Electrohome had the same type of chemicals, like PCB's. This stuff would have likely seeped fairly deep into the ground. And I think that ground contamination might be much greater than we know. Possibly to the point of under the surrounding homes. I can't even begin to imagine the headache this place is going to give either to the current owner or city. Really sucks of its location.

My understanding is that when work was recently being done on Duke Street they found the same contamination. It's definitely much deeper and broader than people realize..

According to the Ministry of the Environment the contamination stems from a post Electrohome tenant that cut a hole in the foundation and dumped the stuff into the ground. I'm sure Electrohome isn't 100% innocent but I don't think they created the problem the site is dealing with now.