The thing that we have been talking about for many months on this blog finally happened: Toronto City Council voted (18-7) in favor of allowing fourplexes as-of-right across all residential areas of the city. (If you're curious, here is a map of which Councillors voted yes and which ones voted no. It's not all that surprising.)
This is a major accomplishment and milestone for Toronto. So congratulations to everyone who has been working to make this happen. But of course, now is when the rubber hits the road: Will the market actually build this new housing typology (for Toronto) at scale? Is it actually feasible?
Jeremiah Shamess of Colliers came out this morning saying that the answer is no. These multiplexes aren't feasible and it is "not going to solve our housing crisis or even come close." He may be right, but I think a lot of people -- myself included -- are now looking closely at their feasibility.
