FREQUENTLY ASKED QUESTIONS:

When does Waterfront Toronto anticipate public consultations for Quayside will begin?

It is too early to commit to any specific dates for public consultations at this time. The project team is currently reflecting on all that we have learned through our work and engagement on the project to date as we reconsider next steps for Quayside.

Public consultation continues to be a foundational part of our revitalization work. Our team is currently examining new opportunities to meaningfully engage the public during the pandemic, in a manner that is consistent with the health and safety recommendations of our government partners.

What is Waterfront Toronto's commitment to affordable housing?

As part of our precinct planning, Waterfront Toronto sets aside land sufficient to accommodate 20% of residential units as Affordable Rental Housing. Waterfront Toronto defines “affordable” based on the City of Toronto’s Official Plan definition, which uses Average Market Rent (AMR) as a measure of affordability. These are figures that are published annually by Canada Mortgage and Housing Corporation. In order to be affordable, a project’s average rent cannot exceed 100% AMR.

Through partnerships with other levels of government, Waterfront Toronto has been able to achieve increased levels of affordability at or below 80% of AMR. In addition to the provision of 20% affordable rental housing, 5% of units are allocated to low end of market on all lands within our control.