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affordable housing toronto

The future of housing development in Toronto comes in the form of transit-oriented communities.

Today, the Ontario government announced a partnership with the private sector and the City of Toronto to create 9 transit-oriented communities along the upcoming Ontario Line, including one at East Harbour.

Ground was recently broken on the Ontario Line, which will have 15 stops running from Exhibition Place up to the Ontario Science Centre. Most recently, it was estimated to open in 2030, but — not surprisingly — that is subject to change, according to the province.

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The city of Toronto will be using city-owned properties to deliver "500 to 600 affordable rental and ownership homes" and other "city services" as part of the ModernTO plan.

Toronto's City Council "unanimously" approved to move ahead with the next steps in ModernTO on April 6, which will shrink the city's office space from 55 locations to 15, according to a press release.

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