Housing Opportunities on Municipal Land
70 Hope Avenue
Contact Us
Meaghan Palynchuk
Real Estate Consultant
Affordable Housing
Email [email protected]
The property is currently a municipal parking lot and has recently been rezoned to Mixed-Use Medium Density (C5). Council approved the Zoning By-law Amendment on January 21st, 2026, and the appeal period concluded on February 24th, 2026.
A number of studies were submitted in support of the amendment. These documents are available under Project Updates.
The lands will be offered at a nominal value to a non-profit housing provider to develop and operate housing. In accordance with the Affordable Housing Supply Schedule (AHSS) criteria, 100% of all units within the project must be allocated as affordable housing. The selected non-profit developer will determine the final unit mix and number of parking spaces to be provided.
Property Details
- Homeside Neighbourhood
- Ward 4
- Possible development form 1 Apartments - 3 storey multiple dwelling containing up to 50 one bedroom units*
- Possible development form 2 Townhouses - 3 storey townhouses containing up to 70 bedrooms*
*Possible development forms have been updated slightly from the concept shown at the Neighbourhood Meeting to reflect feedback heard from the public and to improve site function.
Current Status:
Market offering submissions under review
Affordable Housing Development Properties
Project Updates
Date modified