Ontario Construction News staff writer
The federal government has announced more than $112 million in funding to support the construction of 217 secure rental homes in Toronto.
A 15-storey residential building at 389 Cleveland St. will include a ground-floor commercial retail unit, indoor and outdoor gathering spaces, fitness and wellness facilities, co-working areas, gardens, play spaces and community meeting areas.
Originally planned as a condominium project, 383–389 Cleveland Street was converted to purpose-built rental housing in response to evolving market conditions and the growing demand for long-term rental homes across the city. The development will include 43 affordable homes integrated throughout the building, along with 33 accessible suites designed to CSA standards.
Federal officials said the project is part of the government’s efforts to increase housing supply and improve access to rental housing.
“Our government is committed to driving housing supply to bring down costs. This project will create more rental homes for people living and working in Toronto and is an example of what’s possible when we work together in partnership with the private sector,” Housing and Infrastructure Minister Gregor Robertson said in a statement. “This is another step forward in our bold, ambitious plan to build Canada strong.”
The project is being supported through Build Canada Homes, a federal initiative aimed at increasing the pace of affordable home construction. The program also supports the development of transitional and supportive housing in partnership with provinces, territories, municipalities and Indigenous communities, while working with private developers to build affordable housing for middle-income Canadians.
“Inclusive neighbourhoods start with well-built, inclusive buildings. At 383–389 Cleveland, that meant a genuine mix of bedroom sizes, affordable homes woven throughout the building, and 33 accessible suites designed to CSA Standards,” said Michael Williams, managing partner and chief development officer at Hazelview. “This isn’t a building that checks boxes. It’s one that opens doors for all.”
