NipanRealty

Toronto report recommends fee reductions, other steps to create new rentals
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Toronto report recommends fee reductions, other steps to create new rentals City of Toronto staff have recommended measures to develop 20,000 new rental homes, including 4,000 affordable units. The city plans to build 7,000 homes using its resources and proposes a new incentive program to expedite construction. Eligible projects must include at least 20% affordable units an...

New Toronto initiative aims to spark construction of 20,000 rental homes
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New Toronto initiative aims to spark construction of 20,000 rental homes City of Toronto staff have proposed the Purpose-built Rental Homes Incentive to support the development of 20,000 new rental homes. This initiative includes significant breaks on development charges and property taxes for projects that incorporate at least 20% affordable units. The city aims to kick...

New skyscrapers could replace downtown Toronto office buildings
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New skyscrapers could replace downtown Toronto office buildings A developer plans to replace an office complex at 310-330 Front Street West in downtown Toronto with two mixed-use skyscrapers, reaching 70 and 65 storeys. The project will integrate a surviving 16-storey building and primarily feature residential units, with some retail and office space at the base...