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ARTICLE · 16 NOVEMBER 2021

New Toronto Policy Mandates Affordable Housing

Blake, Cassels & Graydon LLP
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For many Torontonians, the cost of housing has consumed a growing percentage of their income. In an effort to address this, on November 9, 2021, Toronto City Council adopted amendments to its official plan and ...

CanadaReal Estate and Construction
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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For many Torontonians, the cost of housing has consumed a growing percentage of their income. In an effort to address this, on November 9, 2021, Toronto City Council adopted amendments to its official plan and comprehensive zoning by-law to implement inclusionary zoning (IZ). This provincial land use planning tool enables municipalities to require the provision of affordable housing in certain types of new multi-residential development.

Below are five things you need to know about this new policy:

  1. IZ will apply to development containing at least 100 new residential units and 8,000 square metres of new residential gross floor area (GFA). Student residence, retirement home, nursing home, residential care home and non-profit housing developments are exempt. Purpose-built rental housing will be exempt until January 1, 2026.

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