Tag #Amenity Space

How are Toronto's amenity space regulations impacting the development of smaller apartment buildings, and what are the consequences for housing supply and affordability?

Toronto's current regulations mandate amenity spaces (2 square meters per unit) in buildings with over 20 apartments, impacting smaller projects disproportionately. This rule, while aiming to improve community spaces, creates challenges for developers of smaller buildings, increasing costs and potentially reducing the number of units.