(AGENPARL) - Roma, 24 Agosto 2026 - City of Toronto Media Relations has issued the following:
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Today, the City of Toronto, CreateTO and the Government of Canada celebrated the start of construction of a new rent-controlled and sustainable housing development on City-owned land at 1113–1125 Dundas St. W.

This development at Dundas Street West and Ossington Avenue will deliver 74 new rent-controlled homes, including at least 17 affordable homes. By combining affordable housing with low-carbon mass timber construction and energy-efficient design, the project will help address Toronto's housing needs while advancing climate goals. More than 40 per cent of the units are either two- or three-bedrooms, supporting a vibrant, inclusive community.

Advancing the Public Developer model
The project is transforming a former municipal parking into non-market, affordable rental homes for low- and moderate-income residents. As a public developer, the City is taking a more direct and intentional role in how public land is used to build affordable homes, setting housing targets that will meet residents' needs, and expediting development reviews and approvals.