Affordable housing rental units at 175 Oak Street

The new building will be located at 175 Oak St. It is located on Oak St, north of Dundas St. E. in Regent Park.

175 Oak Street is a smoke-free, multi-family, mid-rise building.

The building will open in early 2025.

A random draw is a fair process for allocating affordable housing rental units. The random draw means that every eligible household will have an equal chance of renting a unit. Eligible households must have submitted a complete Expression of Interest for Random Selection form online during the collection period.

After the collection period has ended, TCHC and the City of Toronto will oversee a process to randomly assign a number to each complete online Expression of Interest for Random Selection. The applicant list will then be sorted. Applicants with the lowest randomly assigned numbers will be contacted first to start the eligibility review process. This process will continue until approved applicants have accepted all units. 

All applicants will be randomly assigned a number in the applicant list. Once that process is done, you will receive an email notifying you of your place on the list. TCHC will contact applicants with the lowest assigned numbers to start the eligibility review.

There is no parking available at 175 Oak St. for the affordable housing rental units.

TCHC is moving towards implementing smoke-free homes. 175 Oak Street will be a smoke-free building. This means that tenants will not be allowed to smoke and/or vape inside any of the units, the indoor communal areas of the building, or outside near any entrances or exits to the building. 

Affordable housing rental units are funded in part through the provincial Investment in Affordable Housing (IAH) program. The IAH program requires that rents do not exceed 80 per cent of the Average Market Rent for each unit type, as established by the Canada Mortgage and Housing Corporation and the City of Toronto.

At least one member of the applicant household must be 16 years old and have legal status in Canada. They must be either:

• a Canadian citizen;
• a permanent resident of Canada or an applicant for permanent resident status; or
• a refugee claimant or Convention refugee.

Applicants in Canada under a student/visitor visa or work permit are not eligible for an affordable housing unit under this program.

For more information, please visit the Eligibility section.

To qualify for an affordable housing rental unit, the annual after-tax income (net) of all members of the household cannot exceed four times the annual rent of the unit for which they are applying.

For 2024, the income thresholds for units at 175 Oak Street are listed below:

If you meet the eligibility requirements for the 175 Oak units, you can apply for an affordable housing rental unit. Before TCHC offers a rental unit, we will review each applicant's rental history.

Please note that this is not a subsidized rental program (Rent-Geared-to-Income). We will not calculate rent based on household income. Rent will be set based on the eligibility listed above.

You must submit an online Expression of Interest for Random Selection form within the 30 calendar day timeframe specified. The deadline is to submit is Friday, December 13, 2024 at 11:59 p.m. We will not accept any online Expression of Interests for Random Selection after this deadline.

We will not accept these Expressions of Interests for Random Selection in person, over the phone, or through the mail. You must submit them through the online portal.

Yes, you will need a computer to submit an Online Expression of Interest for Random Selection. The online Expression of Interest form is not compatible for mobile devices. If you do not own your own computer, please visit your local library for computer access

Before you submit the online Expression of Interest for Random Selection, you will need to determine who will live with you in the unit if you are selected. You will need to have the first name, last name, 2023 Notice of Assessment income information (for household members receiving income), and landlord history for each household member. 

Note: falsifying any information on your online Expression of Interest for Random Selection form will result in your submission being removed from the applicant list. 

If you require assistance with completing the online Expression of Interest for Random Selection form, please email RentalOpportunities@torontohousing.ca or call 416-981-4771 between Monday and Friday, from 9 a.m. to 5 p.m. (holidays excluded).

You can also contact Housing Help centres for assistance at the following website.

Once you have submitted the online Expression of Interest for Random Selection form, you will receive an email with a confirmation number. Only complete submissions will receive a confirmation number.

If you refuse the unit offered to you, we will remove your name from the applicant list.

If you can live year-round in the property you own, you are not eligible for affordable rental units. To become eligible for an affordable housing rental unit, you must first sell your property.

You may not transfer from one affordable housing rental unit to another. However, you may apply for other affordable developments once the one-year lease term for your current unit has expired.

We will not permit any changes after the online Expression of Interest for Random Selection form is submitted.

If your household’s income is higher than the income threshold outlined above, you are not eligible for an affordable housing rental unit.

If offered a unit, we will verify your income before you sign a lease.

If your household’s income is less than the annualized rent, you will not be eligible for the unit.

If you have rental history, you need to submit landlord references. They are a very important part of the approval process.

Yes. We will take each individual case and circumstance into consideration. 

We will only consider guarantors for the applicants who do not meet the credit check criteria but can prove enough income to cover the monthly rent. We will not consider guarantors for applicants who do not have enough income to cover the monthly rent.

Yes, we must do a credit check before a lease offer can be finalized. 

You will have two business days from the time we notify you that a guarantor is required. You will need to complete the necessary form and provide supporting documents.

The guarantor will go through the same income/credit check. If the guarantor is not approved, you will have one more chance to find another guarantor, and you will have an additional two business days to do so. 

Your guarantor is obliged for the duration of the tenancy.

You will not be able to get a subsidy for your affordable housing rental unit. 

If TCHC contacts you, you will have three business days to respond with the completed application form and supporting documents for yourself and all household members. If you do not respond by the deadline, your name will be skipped on the applicant list. You will not be offered another unit or contacted again by TCHC.

You cannot get a larger unit based on sponsorship. At the time of offer, you are eligible for the number of bedrooms based on your current household size according to the City of Toronto’s occupancy standards.

The City of Toronto's occupancy standards for these affordable rental units are:
 

• Adult household members who are spouses must share a bedroom. Two persons who live together are considered spouses if: 
  • the social and familial aspects of the relationship amount to cohabitation; and 
  • one individual provides financial support to the other; or 
  • the individuals have a mutual agreement or arrangement regarding their financial affairs.
• For adult household members other than spouses, a minimum of one (1) and a maximum of two (2) persons per bedroom 
• For children under the age of 18, no less than one (1) and no more than two (2) persons per bedroom where the unit contains three (3) bedrooms or less.
• For children under the age of 18, no less than one (1) and no more than three (3) persons per bedroom where the unit contains more than three (3) bedrooms, if the shared bedroom provides the minimum space required under the City's Municipal Code Property Standards.
• A single parent may share a bedroom with a child if the applicant wants to share.

Single persons are normally given bachelor units. However, a two-person family is eligible for a bachelor unit if the applicant requests it. A two-person family consists of either two spouses or a parent and child.

No. You will have to base your decision on the unit floor plans provided to you by Toronto Community Housing.