A new development and revitalization plan for the site of the Don Summerville Apartments in the Queen Street East and Coxwell Avenue area was announced Monday, Oct. 28, morning.
The plan will see the two Toronto Community Housing apartment buildings at 1555 and 1575 Queen St. E., which total 120 units, replaced by a similar number of TCHC units and the addition of 100 more affordable apartment units, 180 market-rent apartment units, and 350 condo units.
Two aging Toronto Community Housing buildings in Toronto’s east end will be demolished to make way for new social housing units and what Mayor John Tory described as much needed affordable and market rental units in the city.
In a press conference Monday, the city announced a major revitalization of two existing Toronto Community Housing Corporation (TCHC) apartments in the Queen Street East and Coxwell Avenue area, where they will replace the 120 units currently on site.
The new project will add 100 affordable rental apartments, 180 market rent apartments and 350 additional conditional units, increasing the total number of units to 750.
The city is set to tear down two crumbling community housing buildings in a bid to transform the Queen East properties into a revitalized mixed-income community that adds even more affordable housing at no cost to taxpayers.
Toronto inks new partnership to build hundreds of affordable and rental homes in Queen East
The City of Toronto has partnered with a private developer to build hundreds of new affordable housing and rental units at an existing community housing site.
The project, which is in the area of Queen Street East and Coxwell Avenue, will see 120 affordable units operated by Toronto Community Housing expanded into a mixed-income complex of 750 homes.
Two aging Toronto Community Housing buildings are being demolished to make way for new and improved social housing units, rentals and condominiums.
The new buildings aren’t up and the old ones haven’t even been torn down yet, but this project is already a big success.
The redevelopment in east-end Toronto isn’t just important for the families living in the 120 TCH apartments, who will have the opportunity to live in better homes, but for the city as a whole.