Development related policies coming to City of Toronto. With housing a major issue in Toronto here are a couple of policies and changes coming.

Areas within and 10 minute walk of a transit station (500-800 metres) will have established minimum density targets. The broad intent of this policy is to support transit-oriented development so that jobs and residences can be located and built near supportive public transportation infrastructure.

A policy that allows for the City of Toronto to require affordable housing set-aside rates in new higher density development applications within the areas that are close to transit. This new policy represents a significant new financial obligation that private developers will need to satisfy in the fastest-growing neighbourhoods in the city.

Sometimes the impact of these new policies is not clear. They could lead to other problems.