30-40 Margaret Ave | 6 fl | Planned

[nms]

The original mid-rise would surely have been approved, but I doubt 30-40 stories, this far from King/Weber and the LRT, would gain approval.

Depending on the townhouse size, I don't see $1M as out of reach. But I'm really speculating, all we know is the number of townhouses at this point, nothing more.

 
Given that townhouses peaked around $800,000 at the height of the recent real estate run (according to the Waterloo Region Association of Realtors), I wouldn't be surprised if townhouses in that neighbourhood in particular, reached close to $1M by the time they hit the market.