Toronto is a city renowned for its vibrant culture, diverse neighborhoods, and exceptional urban planning. Whether you’re a first-time buyer, an investor, or someone looking for a change of scenery, the 4 best housing developments in Toronto offer a range of opportunities to suit various lifestyles and budgets. From sleek condominiums in bustling downtown hubs to spacious townhomes in family-friendly communities, these developments showcase the city’s commitment to modern living, sustainability, and innovative design. With an array of amenities and services, each housing project promises to redefine what it means to live in Canada’s largest metropolis. Below are some key features and considerations to keep in mind when exploring Toronto’s housing developments:
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Number of companies
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Verified reviews
3,95
Average rating
1. Tricon Residential
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4,3/5
7 St Thomas St, M5S 2B7, Toronto
- Housing development
- Apartment rental agency
Why we chose them
Tricon Residential stands out as a leading rental housing company dedicated to providing high-quality homes and apartments across North America. Specializing in both housing development and apartment rental services, the company ensures its properties are located in desirable areas near schools, employment hubs, and recreational facilities. With a focus on effortless living, Tricon offers professionally managed homes that prioritize comfort, security, and convenience, featuring worry-free maintenance, pet-friendly spaces, and sustainable home features. Residents enjoy private outdoor spaces perfect for relaxation, gardening, and family time, all supported by a friendly and caring team committed to creating exceptional living experiences.
Tricon goes beyond traditional rental services by empowering its residents through innovative programs like the Credit Builder Program and Resident Home Purchase Program. These initiatives help renters transition to homeownership while fostering financial literacy and stability. Stories from residents highlight the company’s transformative impact on their lives, from single mothers achieving their dream of owning a home to families building brighter futures. By blending quality housing with genuine care and social responsibility, Tricon Residential redefines rental living, making it a meaningful stepping stone toward unlocking life’s potential.
2. Medallion Corporation
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3,0/5
550 Birchmount Rd, M1K 1P2, Toronto
- Apartment building
- Housing development
Why we chose them
550 Birchmount Road – Birchmount Woods stands out as a vital housing development in Scarborough, Ontario, dedicated to addressing the growing need for affordable housing. This high-rise apartment building offers 152 thoughtfully designed units for low-income families and renters with special needs, ensuring accessibility and comfort. Residents benefit from utilities included in the rent, hardwood and ceramic flooring, balconies, and modern appliances such as self-defrosting fridges and stoves. The property also features convenient amenities like underground parking, a gym, bike storage, a party room, and on-site management available 24/7.
Strategically located in a vibrant community, this development is surrounded by essential neighborhood amenities, such as schools, churches, shopping centers, and recreational facilities. Residents enjoy proximity to Sun Valley Supermarket, Walmart, Home Depot, and Warden Power Centre, along with easy access to public transit and major highways. Birchmount Woods is more than just housing; it is a cornerstone of community development designed to empower its residents and foster a sense of belonging in a well-connected area.
3. Oak St Housing Co-Operative
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4,5/5
120 Cornwall St, M5A 4K5, Toronto
- Housing development
Why we chose them
Oak Street Housing Co-operative stands out as a model of affordable and secure housing in downtown Toronto. Since its establishment in 1985, it has been dedicated to providing quality living spaces for its members, who actively participate in the co-op’s operations and decision-making processes. The co-op offers a variety of housing options, including one, two, and three-bedroom apartments, with some units thoughtfully designed to be wheelchair accessible, as well as townhouses with two, three, and four-bedroom layouts. Positioned in close proximity to public transportation, schools, libraries, community centers, and shopping areas, this community-oriented co-op ensures convenient access to essential resources and services for its members.
Affiliated with the Co-operative Housing Federation of Toronto and the Co-operative Housing Federation of Canada, the co-op benefits from rent-geared-to-income assistance funded by the Canada Mortgage and Housing Corporation (CMHC). Governed by an operating agreement administered by the Agency for Co-operative Housing, it employs a dedicated team of six staff members to address administrative and maintenance needs. This housing development prioritizes inclusivity and community engagement, creating a supportive environment for its members to thrive both personally and collectively.
4. Mattamy Homes
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4,0/5
2480 Yonge St, M4P 2H5, Toronto
- Housing development
- Home builder
Why we chose them
Mattamy Homes – Parkside Towns at Saturday in Downsview Park stands out as a premier housing development by North America’s largest privately-owned home builder. With a legacy of constructing over 125,000 homes in hundreds of communities, Mattamy Homes is renowned for creating spaces that people are proud to call home. This community in Downsview Park offers thoughtfully designed townhomes that combine modern living with access to one of Toronto’s most vibrant green spaces, making it an ideal choice for those seeking comfort and convenience in an urban setting.
Specializing in home building and housing development, Mattamy Homes provides a seamless experience for individuals looking to find their dream home. Whether you’re exploring new opportunities in Toronto or looking to upgrade your lifestyle, the Parkside Towns at Saturday exemplify quality craftsmanship and innovative design. With a dedicated team ready to assist and keep prospective homeowners informed through community updates, this development showcases Mattamy Homes’ commitment to customer service and excellence in residential construction.
