A vacant half-acre lot formerly occupied by a gas station and car wash at 875 The Queensway in Toronto, which will be the site of the proposed 150-unit Vicinity Condos, has been acquired by Burlington-based Equiton.
Of all the new homes built during the past decade, only 11 per cent were rental units. With hundreds of thousands of new Canadians aspiring to call Toronto ‘home’ by 2025, our housing affordability crisis seems to remain as severe as ever.
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