CAUTION: Inclusionary Zoning

Toronto Developers:

If you are developing a standard purpose build rental OR mixed-use condo products more than 100 units (student rental, retirement homes, nursing homes are exempt), near Protected Major Transit Stations Areas (PMTSA, basically where subway and light rail stations are) you will be required to include 3-5% GFA toward affordable rental for PBR and 10% GFA for condos, starting Sep 2022.

This is a great ESG initiative, however it will impact your returns. So make sure to factor this into your modeling. 

If you need help with financial modeling, GP/LP waterfall modeling or Argus Enterprise runs, my team will be very happy to help. 

What is Inclusionary Zoning? Click here to learn

For service & consulting inquiries, please contact:
Kai Lu, 647 869 1058