West Toronto Collegiate to be sold for $20.5M
The Toronto District School Board has voted in favour of selling West Toronto Collegiate to the French public school board for $20.5 million.
The board voted Wednesday evening to declare the school that opened in 1972 a surplus property. The board voted to rent out the building's top floor for continuing education.
West Toronto Collegiate, located on Landsdowne Avenue near College Street, was closed last fall because it was almost 90 per cent empty.
The move comes as the board struggles with how to address declining enrolment in schools in some areas and high demand in others. Some trustees say that the money generated from the sale could be used to build new schools in Scarborough and fund renovations to other schools.
"We have now taken one step forward in moving towards projects that will benefit students across our system and at the same time allow the French board to put a bid to purchase this school so they can finally have a space for their students," said Shaun Chen, a trustee who voted in favour of the sale.
But trustee Sheila Cary-Meagher calls the move short-sighted.
"I find myself just so pissed off that we are again doing something that is patently stupid. We are selling something that we are going to regret," she said. "And I hate that kind of situation."