Longtime midtown Toronto tenants fear proposed condos will price them out of their neighbourhood
CBC
More than 120 tenants in a midtown apartment building say they're worried they'll be forced out if the city approves a new development application in one of Toronto's most desirable neighbourhoods.
They live at 55 Brownlow Ave., a mid-rise building just a block west of Mount Pleasant Road and Eglinton Avenue East that's been targeted for redevelopment. That means they'll have to move once the developer's application is approved, likely within the next couple of years.
"Some of the tenants have lived in this building for over 50 years, and a lot of those people are [on] fixed incomes," said Megan Kee, a tenant who's helping to organize residents.
"They're low income, they're young families, they're seniors, and they can't afford to go anywhere else."
The Yonge-Eglinton area, because of its proximity to transit, has been identified by the province as a neighbourhood ripe for additional housing. The developer, Menkes, filed the rezoning application in 2021. It calls for the properties from 55 to 75 Brownlow to be demolished and replaced with three condo towers of 45, 40 and 35 storeys.
The developer says is in its application to the city that all 121 rental units at 55 Brownlow will be replaced within the new complex. CBC Toronto offered Menkes the opportunity to comment on this story. The company has not yet responded.
Coun. Josh Matlow, who represents the neighbourhood as part of Ward 12, Toronto-St. Paul's, said city regulations guarantee the current tenants will be given first right of refusal on those new units at rents comparable to what they're paying now.
Matlow said in the crunch to find more housing for more people, the province has designated the Yonge-Eglinton neighbourhood, with its easy access to pubic transit, an "Urban Growth Centre," meaning the city's expected to adapt its zoning rules to allow for more new residents. And that means more new housing developments.
He said he accepts the need for growth in the area. But he warned current residents must not be priced out of their neighbourhoods.
"The reality is the necessity to ensure people's quality of life keeps up with that growth," Matlow said.
Matlow, who said said it will likely be a couple of years before any demolition happens at 55 Brownlow, also pointed out the city has regulations that force developers to replace any rental housing they demolish, provided the old building contains at least six units.
"We have negotiated some very, very good agreements" for tenants, Matlow said. " We have to be laser focused on [tenants'] ability to live in their own neighbourhoods."
But not all the Brownlow residents are buying into the idea that they'll be offered new units on the same street at comparable rents.
Wanda Barrett has had a one-bedroom unit in the building for the past eight-and-a-half years. Her daughter, son-in-law and granddaughter are also tenants.