There were only Five (5) rental units in the existing buildings -- so the RENTAL REPLACEMENT policy did not kick-in...
This staff approval is for 110 apartments w/ Six (6) as "Affordable Rental" for 25 years, essentially a 5% of units via CBC "in kind" deal.
That's about the best deal you...
From the cover letter - "The overall height has been reduced by one floor, and the number of rental suites has been lowered from ten to six. The earlier submission proposed a six-storey building with ten suites; the current application represents a scaled-down version."
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The City of Toronto is seeking qualified non-profit housing providers, inclusive of Indigenous housing providers, non-profit housing co-operatives and non-profit housing organizations, to lease and operate a new affordable rental housing project with support services located at 1141 Bloor St. W...
Councillor Thompson (and Councillor Perks) had to move some financial agreement changes on this site - that look to be related to the value of the "Condo" section of the redevelopment lands near the very end of yesterday's Council meeting -
MM35.39 - 2444 Eglinton Avenue East - Project...
Councillor Fletcher closed-out the very final City Council meeting of 2025 with this new item -
MM35.41 - Advancing Housing Development at 838 Broadview Avenue
https://secure.toronto.ca/council/agenda-item.do?item=2025.MM35.41
"CreateTO and City staff have actively explored a coordinated...
Given the Inclusionary Zoning (IZ) models in effect... "Best Case" would be approx. ~30 apartments as "Affordable Rental" for 25-years.
There might be opportunity to layer-on additional City or Federal incentives to improve beyond the Provincial policy -
Passed at City Council today -
MM35.22 - Re-opening and Amending Item 2024.PH17.3 - 50 Wilson Heights Boulevard (Block 1) - City Initiated Zoning By-law Amendment Application - Decision Report - Approval
https://secure.toronto.ca/council/agenda-item.do?item=2025.MM35.22
"The applicant has now...
Hmmm... QUOTE : "Through the more detailed design process it was determined that 24 rather than 20 affordable rental housing units are required to meet the minimum of 15 percent of the converted office floor space. As well, the location of the affordable housing units is proposed to be relocated...
Quote : "Zero studios! Woohoo! But have a look at this, the smallest one bedroom is ~600ft2 and they range up to ~650ft2, 2 bdrm units start at over 815ft2 and run to 1,250ft2, and finally 3brms start at 1,250ft2 and run to 1,430ft2!!"
I cannot share your enthusiasm. Honestly, based on the...
CMHC - “Canada announces 612 homes in Toronto”
Funding provided for 2444 Eglinton Street is as follows:
Over $289 million from the federal government, through Co-operative Housing Development Program
More than $35 million from the City of Toronto...
BlogTO : Federal government pledges $289 million for colourful Toronto development
https://www.blogto.com/real-estate-toronto/2025/11/2444-eglinton-avenue-east-toronto-funding/