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Toronto breaks ground on Wilson Heights housing project with more than 500 affordable rentals (www.cbc.ca)

submitted 1 week ago by StopTouchingYourPhone to c/[email protected]

9 comments fedilink hide all child comments

snips from the news bit:

Total of 1,484 residential homes will be built on a former commuter parking lot

The development will include 444 condos and a mix of one- to three-bedroom rental homes that will be available to residents of various income levels.

Green said the four-block community that will be created will include a childcare centre, community space, retail space and public park.

In a news release on Tuesday, the city said crews have already begun to remove parking infrastructure to prepare the site for development. Construction is set to begin in the spring, with occupancy expected in early 2029.

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[–] [email protected] 3 points 6 days ago (1 children)

I wish “affordable” was better described.

Really, eh?

To me, if it can't be purchased by someone between the lowest end and the median of the income spectrum, then it's not "affordable".

[–] [email protected] 1 points 6 days ago (1 children)

Since they're rental units by your standards they can never be affordable?

[–] [email protected] 2 points 6 days ago

My sentiment includes renting :)