How are cities like Toronto responding to pressure to build more housing and diversify housing types?

In this episode of the Ready to Real Estate podcast, host Jason Mercer, TRREB’s Chief Information Officer, engages in a compelling conversation with Jason Thorne, Toronto’s Chief City Planner. They explore the pressing challenges and innovative solutions shaping Toronto’s housing landscape. From the role of government in housing development to the integration of new housing types in established neighbourhoods, this episode examines into the complexities and opportunities of urban planning.

The Role of Government in Housing Development:

Boosting housing construction requires collaboration from all levels of government. Thorne emphasizes the federal government’s important role in providing funding and financial support to municipal governments for construction and building. “This is going to take everyone working with very clear and consistent objectives,” says Thorne. 

Thorne also discusses using federal lands. Toronto is well positioned with the Downsview Park redevelopment. This parcel of federal land is situated on two subway stations, and a lot of work has already prepared the site for development.

Transforming Neighborhoods

Toronto’s zoning policies have evolved significantly, allowing for more diverse housing types. Thorne explains the shift from single-detached homes to multiplexes and mid-rise buildings, particularly near transit stations.

More recently, the City, in partnership with the Province, announced the approval of Toronto’s Major Transit Station Areas (MTSAs). The goal is to increase density and higher zoning permissions to areas across the city that are near subway or LRT stations. “We have 120 major transit station areas around the city that have now been approved for increased density,” Thorne explains. “We’re going to be bringing forward zoning to create opportunities for mid-rise, for towers around those stations. And it is where you want to have the density.”

This change aims to fill the “missing middle” in housing and create vibrant, mixed-use communities. 

Thorne also underscores the fact that it’s not just about the quantity of housing, it’s about the quality of neighbourhoods. The city must plan for all the services that existing residents rely on and new residents will require. His team considers this a vital part of how Toronto plans for sustainable growth.

Looking ahead

As Toronto targets 280,000 new homes by 2031, the focus is shifting from policy to projects. Thorne expresses optimism about the city’s ability to meet these targets, thanks to streamlined approval processes and innovative zoning practices. The city’s commitment to transit-oriented development and mid-rise housing will play a pivotal role in its growth strategy.

Stay tuned for part two of this episode, featuring Alex Beheshti, Urban Planner and Land Economist and Graig Uens, Director of Planning for Batory Management. They share their perspective on the recent policy developments affecting Toronto’s housing industry and the political challenges Toronto is facing.