|Till now, the City has largely focused on one of only two typologies when it comes to the development of its housing stock: condos and low-rise developments – both focused on ownership.
As housing prices slip further from reach, it’s clear this approach is failing to meet the needs of Toronto’s population. As such, the desire for rental accommodation is rapidly increasing.
We have over a half-dozen purpose-built rental projects in the works; including 15 Chisholm Ave, 2720 Danforth Ave, and 5509 Dundas. As we continue to forge ahead in this growing sector, we’ve collected some key insights we’d like to share.
We’ve broken it down into a top-five overview of how designing purpose-built rental differs from condo development. Read the full story here.