Teagan has covered Toronto, GTA, and Ontario cottage country real estate. Before coming to STOREYS as a staff writer, she was a freelance writer for Toronto Life and Cottage Life.
The completion of the units was announced by Mayor Olivia Chow who called 65 Dundas " just an address," but a "beacon of hope for those previously unhoused."On Tuesday, 92 newly-renovated, permanent, rent-geared-to-income, and supportive homes were officially completed at 65 Dundas Street East — the largest shelter to housing conversion ever undertaken in Toronto.
Once fully complete in Spring 2025, the development will provide "homes for people earning a range of incomes and in need of an affordable home," says press release. The units will include new studio and one-bedroom apartments with a private bathroom and kitchenette, with at least 15% of the apartments being accessible. Residents also have access to indoor amenity spaces such as shared laundry, a dining area, large communal, programming, and tenant support spaces, details the release.
In order to finance the project, the City acquired more than $123 million in capital funding from the federal government through RHI, supported financing through its own capital funding, and provided financial incentives and relief from property taxes, estimated at $9.5 million. Plus, $3.57 million in operating funding for wraparound support services was provided by the provincial government as part of its commitment of $48 million made in 2023 towards supportive housing.
65 Dundas Street East Olivia Chow Affordable Housing
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