Elspeth Chalmers –
Toronto’s Downtown East has long been a vibrant and dynamic area. But finding affordable, family-sized housing is becoming increasingly tough. As rental prices soar and large units remain scarce, many families find themselves squeezed into small and costly spaces.
The area’s housing market is filled with condominiums and apartments. According to a report by the city’s planning division, four-fifths of new residential developments are condos, primarily offering one- and two-bedroom units.
Although neighbourhoods such as Riverdale offer more houses, prices there are prohibitive for many families. A 2023 survey by the Toronto Real Estate Board revealed that 70 percent of new housing developments are geared towards single professionals or couples, with one- and two-bedroom units being the most common.
For families, this often means making do with what’s available, compromising on space, sharing cramped quarters, or moving to less convenient areas outside the downtown core. The Toronto Star interviewed several families who reported living in two-bedroom units despite needing more space; some left to Scarborough or North York in search of affordable housing.
Three-bedroom units are a rarity, and when available come with a hefty price tag. According to the federal Canada Mortgage and Housing Corporation (CMHC), the average cost of a two-bedroom apartment in the Downtown East is about $2,800 per month, while a three-bedroom unit can cost more than $3,500 per month.
Many families are spending well above the recommended 30 percent of their income on housing. According to a 2022 report by Statistics Canada focused on Toronto, nearly 40 percent of households in this area income bracket are spending more than half their income on rent.
The City of Toronto’s HousingTO 2020-2030 Action Plan aims to create more affordable housing options, including family-sized units. However, the plan has been slow to roll out.
A report by the Wellesley Institute indicates that, as of 2023, only 15 percent of its planned affordable units have been completed. Community organizations like the East Toronto Family Coalition and the Leslieville Residents Association continue to advocate development of larger rental units and preservation of existing affordable housing.
Without concerted efforts from both government and community stakeholders, the dream of living and thriving in the Downtown East will remain out of reach for many families.
