- What Greenwin, KingSett Capital and Tridel have begun construction of a mixed-use development project in Toronto
- Why Property is part of the City of Toronto’s Housing Now program
- What next Units are expected to be ready to be leased in 2029
Greenwin, KingSett Capital and Tridel have started construction on a mixed-use project adjacent to the TTC’s Wilson Station in Toronto.
The developers have partnered with the City of Toronto and CreateTO to build the project under the city’s Housing Now program, which makes city-owned lands available to develop affordable-rental housing.
Plans call for 1,484 units – including 520 affordable rental homes and 444 market condominiums – to be constructed on a former commuter parking lot at 50 Wilson Heights Boulevard. There also will be a childcare centre, community use space, a park and retail space.
The development will include a mix of studios to three-bedroom units available to residents of various income levels. Occupancy is expected in early 2029.
The property is part of more than 20 city-owned sites that are part of the Housing Now program. Construction is underway at 5207 Dundas Street West, while 13 sites have been rezoned and six locations have been assigned development partners.