Greenwin was honoured to stand alongside Councillor James Pasternak, Vic Gupta of CreateTO, Minister Ya’ara Saks, and our development partners to mark a major investment in Toronto’s housing future.
The federal government’s commitment of more than $365 million—through the Apartment Construction Loan Program (ACLP) and the Affordable Housing Fund (AHF)—is a crucial step toward tackling the housing crisis. This funding will support the creation of 767 new rental homes at 50 Wilson Heights Boulevard, with 384 designated as affordable housing units. Located adjacent to Wilson Subway Station, this transit-oriented development is a prime example of how strategic investment can drive meaningful change.
This initiative aligns with the City of Toronto’s vision for a complete community. In addition to much-needed housing, the site will feature new public spaces, a childcare centre, and a park, making it a vibrant and inclusive neighbourhood. With at least 20% of units designed to meet accessibility standards, the development is built to serve a diverse range of residents.
Greenwin and our partners at KingSett, CreateTO, Tridel, and the City of Toronto are proud to be part of this transformative project.
"Our Government's critical investment in 50 Wilson Heights directly addresses Toronto's housing needs while helping to create a vibrant, inclusive community. It's a powerful example of how federal support and strong partnerships can deliver safe, affordable homes — now and for generations to come. Greenwin and KingSett are proud to partner with the federal government, the City of Toronto, CreateTO and Tridel for this important initiative" – Kevin Green, President & Chief Executive Officer, Greenwin Corp.
"With shovels already in the ground and the federal government's support, the 50 Wilson Heights Boulevard development is well on its way to bringing a new community to York Centre. Building housing is a collaborative effort and we at CreateTO take pride in our role of bridging the public and private sectors. We are grateful for the dedication and teamwork from our construction partners, the City of Toronto, and the Government of Canada." – Vic Gupta, Chief Executive Officer, CreateTO
"Our Government is providing Canadians not only with safe, affordable housing, but also with the jobs and opportunities they need, so they can strengthen and contribute to our communities. We are proud to support the creation of these new affordable housing units which will contribute to improve the overall well-being of people in Toronto." – The Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities
"These 767 new units are a delivery on our promise to build more homes and make homes more affordable here in Toronto. Our Government is dedicated to helping those looking for a home, which is why we are proud to invest over $365 million in this project in Toronto." – The Honourable Ya'ara Saks, Minister of Mental Health and Addictions and Associate Minister of Health
"Hundreds of Toronto families will soon be able to enjoy new homes at Wilson Heights. Today's announcement will unlock hundreds of affordable homes on city land, building liveable communities close to transit. We are working together with the federal government and builders to create more homes for families." – Mayor Olivia Chow, City of Toronto