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Toronto Rents Could Soar Without Increased Construction
11/30/2024
New Toronto initiative aims to spark construction of 20,000 rental homes
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New Toronto initiative aims to spark construction of 20,000 rental homes City of Toronto staff have proposed the Purpose-built Rental Homes Incentive to support the development of 20,000 new rental homes. This initiative includes significant breaks on development charges and property taxes for projects that incorporate at least 20% affordable units. The city aims to kick...
Plummeting number of new condos could signal end of Toronto's building boom
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Toronto Housing Demands Federal, Provincial Support
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