- About 80 of the homes will sit near Toronto Western Hospital, run by a non-profit.
- City of Toronto open data lists 3,611 registered apartment buildings with 328,273 units.
- Two more sites are still being located; the City's share needs Council sign-off.
What the dollars look like
Ottawa is putting in more than $25 million, the City plans more than $19 million in cash and incentives, and the UHN Foundation is adding $20 million. Together that is about $64 million for roughly 200 supportive homes. As an example, spread evenly, that works out to about $320,000 per home. The City portion still needs council approval.
How it sits beside the rental stock
Lintel Watch counts 3,611 registered apartment buildings in Toronto holding 328,273 units, 572 of them community housing. Two hundred new homes is about six hundredths of one per cent of those registered units. The median registered building went up in 1962, so new deeply affordable supply is rare.
Why owners should care
The first early results reported from Dunn House point to roughly $2 million in health-care savings in a year, with emergency visits down 52 per cent and hospital bed days down 79 per cent. The City says the aim is less pressure on shelters and hospitals. Tenants will be found through shelter and street outreach teams.
If you rent
These are supportive homes, not open-market listings. Intake runs through outreach workers, not applications to a landlord. In the nearby University neighbourhood, six apartment buildings have a City score: four green, one yellow and one red.
If you own or manage a building
Two further sites are still being picked by CreateTO close to the hospital. Watch the council agenda for the funding vote. Full details are in the City's release.
- City of Toronto: City of Toronto, Government of Canada and University Health Network partner to create 200 new supportive homes, improving well-being and health outcomes
- City of Toronto open data: Apartment Building Registration and RentSafeTO evaluations