Pinnacle has their HOUSING LOTTERY for the 100 x affordable rental unites within the 32 Freeland component of the Pinnacle One Yonge community open for applications now - https://32freeland.ca/about/
  • Application deadline is 5pm on September 23rd, 2022.
  • Only one Expression of Interest per household.
  • 1, 2 & 3 Bedroom Units
  • Rents from $1,446 - $1,961
  • Household Income Limits from $69-K to $94-K

    1661690417720.png
 
Undead said:
There's something deeply dystopian about a housing "lottery." How long until some brilliant entrepreneur makes a reality show about it?
Click to expand...
When my City-Brain hears the words 'deeply dystopian' - my thoughts go to places where there are thousands of "abandoned homes" (eg. Cleveland has '3,600-plus properties that are likely to need demolition') because people don't want to live there -VS- a City like Toronto, where people are trying everything possible to live/stay in our City.

www.cleveland.com

Cleveland City Council approves $15 million to demolish abandoned buildings: Stimulus Watch

Abandoned and blighted homes in Cleveland, Ohio may soon be facing demolition if city council gives final approval to a $15 million plan, funded by American Rescue Plan Act money.
www.cleveland.com www.cleveland.com

In a perfect-world, Toronto wouldn't need a HOUSING LOTERY to allocate new units, because we would have spent the last 30+ years building enough apartments, condos and townhouses, etc to meet our demographic demands - and we'd have a healthy 5% vacancy-rate. That didn't happen, so for at least the next decade the HOUSING LOTTERY model is going to continued to be used for new Workforce-Housing rental units when they are ready for move-in.
 
HousingNowTO said:
In a perfect-world, Toronto wouldn't need a HOUSING LOTERY to allocate new units, because we would have spent the last 30+ years building enough apartments, condos and townhouses, etc to meet our demographic demands - and we'd have a healthy 5% vacancy-rate.
Click to expand...
Yes this is what I meant. I thought that would have been obvious lol.
 
The construction site in @wmedia' photo looks absolutely massive from north to south, compared to the (seemingly) smaller footprint indicated in the podium rendering below.

Are elements (parking etc.) connecting SkyTower to the future Phase 3 also part of what we see u/c?

F0129pZSR3.png

emphur
 
You must log in or register to post here.

Back
Top