140 Merton Street

140 Merton Street

140 Merton Street
Located in midtown Toronto, the redevelopment of 140 Merton Street 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 with 294 total rental homes.

Project Details

Type
Mixed Use, Affordable Housing, Transit-Oriented Development, Community Space, Residential, and Housing
Ward
Toronto-St. Paul's
Councillor
Josh Matlow
Current Phase
Pre-development
Current Use
An existing building comprising a two-storey office and a single-storey garage
Major Intersection
Davisville Avenue and Yonge Street
Site Area
0.8 acres
Proposed Use
Residential with community facilities
Surrounding Use
17-storey high-rise apartment builidng to the north; four-storey and six-storey office buildings to the east and west respectively; and a medium density townhouse complex and 13-storey apartment building to the south
Type
Mixed Use, Affordable Housing, Transit-Oriented Development, Community Space, Residential, and Housing
Ward
Toronto-St. Paul's
Councillor
Josh Matlow
Current Phase
Pre-development
Current Use
An existing building comprising a two-storey office and a single-storey garage
Major Intersection
Davisville Avenue and Yonge Street
Site Area
0.8 acres
Proposed Use
Residential with community facilities
Surrounding Use
17-storey high-rise apartment builidng to the north; four-storey and six-storey office buildings to the east and west respectively; and a medium density townhouse complex and 13-storey apartment building to the south
Pre-development
2018
Development Concept
2019
Market Offering
2022
Delivery and Construction
Start of construction - 2024

The Indigenous organization, the Missanabie Cree First Nation, will be developing the site at 140 Merton Street, dedicating the project to housing options for Indigenous elders and other seniors.

It will provide 294 new rental homes, of which approximately 33 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 ageing in place. SPRINT will be temporarily relocated next door and will return to 140 Merton Street once construction is completed. The City will also be providing an additional community space as part of the redevelopment for the future tenants of 140 Merton Street and the senior community in midtown Toronto. The operator of this community space will be determined through a competitive call for proposals process, led by the City.

Housing