TORONTO — The Missanabie Cree First Nation will be the development partner for new housing at 140 Merton St. in Toronto.
Toronto Mayor John Tory and Chief Jason Gauthier from the Missanabie Cree First Nation were joined by council and city representatives, EllisDon Community Builders and representatives from CreateTO for the announcement.
The project was awarded to the Missanabie Cree First Nation, whose team includes EllisDon Community Builders, based on their affordability and financial commitments, their commitment to community benefits and their experience delivering supportive housing for seniors, indicates a release. Construction is slated to begin in November 2023 with occupancy to begin in January 2026.
The site at 140 Merton St. will be the first non-profit developed Housing Now site led by an Indigenous organization and will be dedicated to providing housing options for Indigenous elders and other seniors. It will provide 184 new rental homes, of which about 50 per cent will be affordable. Rents for the affordable homes will average 77 per cent Average Market Rent (AMR), with 15 per cent of these homes set aside as deeply affordable (40 per cent AMR). The building will also include ceremonial space, a smudging room and indoor and outdoor amenities for residents.
The site is currently home to SPRINT Senior Care, a community agency that provides services to midtown Toronto seniors, which will be temporarily relocated next door and will return once construction is completed.
The city will also be providing an additional community space as part of the redevelopment for the future tenants and the senior community in midtown Toronto.
The operator of this community space will be determined through a competitive call for proposals process.
The city is supporting the delivery of this project through the Housing Now Initiative which includes dedicating city-owned land and financial incentives for the development of affordable housing within mixed-income, mixed-use, transit-oriented communities.
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