Toronto breaks ground on transit-oriented housing project
The City of Toronto has started construction on a mixed-use, transit-oriented housing project that will deliver a total of 1,484 homes including 520 affordable rental homes.
The project, which is located at 50 Wilson Heights Blvd. and is adjacent to the TTC’s Wilson Station, is being developed by Tridel, Greenwin and KingSett Capital.
The development will include a mix of one- to three-bedroom rental homes as well as childcare centre, community use space, a public park, a new public road and retail space. The development will also target the Toronto Green Standard and will be serviced by a geothermal energy supply.
“Our vision for Toronto is to see families live, work and thrive without having to worry about securing affordable rents, accessing transit or finding childcare or green spaces for kids to play,” said Mayor Olivia Chow. “This transit-oriented community brings all of these elements together, creating a sensible and replicable model for city-building. I am so pleased to see this project take flight and share my gratitude to everyone involved in making this a reality.”
Work has already begun to remove the current parking infrastructure before preparing the site. Construction is anticipated to begin this spring, with first occupancy expected in early 2029. The development will also include 444 market condominiums.
The project is being delivered in part by the Housing Now initiative, which makes city-owned lands available to develop affordable rental housing.
To date, the city has allocated more than 20 sites worth a combined total of more than $1.3 billion to the program. Of these, construction is underway at 5207 Dundas St. W., while in total 13 sites have been rezoned and development partners have been selected for six sites.