TORONTO, ONTARIO — OCTOBER 9, 2025 — AvranceCorp Developments, Tarion-licensed real estate developer, is partnering with the City of Toronto via an official agreement to deliver 480 new affordable housing units at its 3100 Weston Road location.
The agreement represents a collaborative effort between AvranceCorp Developments and the City of Toronto to ensure that quality, sustainable, and community-oriented housing becomes available to residents of all income levels. In addition, it marks a step forward in addressing the city’s growing need for accessible and inclusive housing options.
“AvranceCorp Developments is honoured to work with the City of Toronto on this transformative initiative,” AvranceCorp CEO and founder Samuel Babarinde said.
“Phase I includes up to 125 stacked townhomes, followed by five towers totalling approx. 2,400 units, with 20 per cent designated as affordable housing,” Babarinde confirmed.
The agreement is part of the Toronto 2020-2030 Action Plan and the Rental Housing Supply Program, which is designed to support the creation of affordable housing across the city with capital funding and relief from development fees and charges, and property tax exemptions.
“Our goal is to create housing that’s not only affordable, but also dignified, well-designed, and deeply connected to the community supporting families, newcomers, and working professionals alike,” AvranceCorp executive vice president and partner Ravi Thakur added.
The development is strategically located near transit routes, the Humber River, and key arterial roads, offering residents urban accessibility while maintaining proximity to the natural surroundings.
The T City Condos Phase II development is currently undergoing a municipal review, with detailed design and site planning underway. Marketing and pre-sales are expected to launch following key approvals, with construction to proceed in phased stages.
Organizations interested in exploring collaborating with AvranceCorp can book a consultation by calling 416-368-7108 or email at info@avrancecorp.com.
Forward-Looking Statements:
This release may contain forward-looking statements relating to the future performance of the T City Townhouse and Condos Phase I and II projects. Such statements involve risks and uncertainties, and actual results may differ materially due to various factors including regulatory changes, construction timelines, and market shifts.
About AvranceCorp Developments
AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.
Media Contact
Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888