{"id":10,"date":"2026-01-04T21:31:39","date_gmt":"2026-01-04T21:31:39","guid":{"rendered":"https:\/\/fixhousing.ca\/?page_id=10"},"modified":"2026-01-09T20:40:21","modified_gmt":"2026-01-09T20:40:21","slug":"main","status":"publish","type":"page","link":"https:\/\/fixhousing.ca\/","title":{"rendered":"Main"},"content":{"rendered":"\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
\n\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tToronto\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t
\n\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
\n\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tVancouver\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t
\n\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
\n\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tOttawa\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t
\n\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/path><\/svg>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t
\n\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tFAQ\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

\n\t\t\t\t
\n\t\t\t\t\t

Would you buy a condo for $200k?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t

Tunneys Pasture: A once-in-a-generation affordable housing opportunity<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Q: How are these prices even possible?<\/strong><\/p>

A:<\/strong> The current official plan for Tunney’s only targets ~7k-9k units over 25 years. This model builds 42,000 units<\/strong> in 10 years. By removing land costs (federal land), taxes (HST\/DCs), and parking garage costs ($60k\u2013$100k per spot), you slash the price by ~50%.<\/p>


Q: Why would a developer build affordable vs. luxury?<\/strong><\/p>

A:<\/strong> Developers care about speed and risk<\/strong>, not just the final price. This is a gold mine for them because:<\/p>

  • Zero Land Risk:<\/strong> No sinking $100M into land or waiting 7 years for permits.<\/li>
  • Guaranteed Margin:<\/strong> A 15% profit is “baked in” without interest-rate gambles.<\/li>
  • Massive Volume:<\/strong> 42,000 units is the contract of a lifetime-scale beats niche luxury.<\/li>
  • Speed = Profit:<\/strong> Standard designs + zero red tape means they get their capital back in 10 years, not 25, spiking their annual return (IRR).<\/li><\/ul>


    Q: Won’t investors just buy them all?<\/strong><\/p>

    A:<\/strong> No. The “Affordability Lock” means you can only sell the unit back to the Housing Trust at what you paid + inflation<\/strong>. There is zero incentive for a speculator to buy here.<\/p>


    Q: 72,000 people at one LRT station? That’s a disaster.<\/strong><\/p>

    A:<\/strong> That\u2019s why the plan includes 25-foot wide sidewalks and “car-light” design. The station would need a significant expansion, but that is paid for by the massive scale of the development.<\/p>


    Q: What about the “Canyon” effect?<\/strong><\/p>

    A<\/strong>: It\u2019s a trade-off. We chose extreme density and ultra-low prices over “neighborhood character.” You get a $400k 3-bedroom home, but you live in a dense, urban core.<\/p>


    Q: Zero parking?<\/strong> Car-Share Hubs, Essential Parking (disabled\/delivery parking ect)<\/strong> Market Stalls<\/strong>: A small number of underground and above ground spots would be built and sold separately at full market cost<\/strong> (e.g., $80k+) for those who absolutely need one, ensuring they pay for it themselves rather than burying the cost in everyone else\u2019s housing price.<\/p>


    Q: No Balconies?<\/strong><\/p>

    Balconies add significant cost and structural complexity to high-rise construction, impacting both build efficiency and overall affordability. For this reason, the Tunnys project is designed primarily with Juliet balconies or no balconies<\/strong>, allowing us to prioritize interior space, building performance, and cost control. Select units \u2014 particularly those higher up in the tower \u2014 may feature full balconies<\/strong>, where the premium views and positioning justify the added expense. This approach helps balance livability, design, and long-term project viability.<\/p>

    \u00a0<\/p>

    \u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

    \n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Toronto Vancouver Ottawa FAQ Would you buy a condo for $200k? Tunneys Pasture: A once-in-a-generation affordable housing opportunity Q: How […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-10","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/fixhousing.ca\/index.php?rest_route=\/wp\/v2\/pages\/10","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fixhousing.ca\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fixhousing.ca\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fixhousing.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fixhousing.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10"}],"version-history":[{"count":25,"href":"https:\/\/fixhousing.ca\/index.php?rest_route=\/wp\/v2\/pages\/10\/revisions"}],"predecessor-version":[{"id":82,"href":"https:\/\/fixhousing.ca\/index.php?rest_route=\/wp\/v2\/pages\/10\/revisions\/82"}],"wp:attachment":[{"href":"https:\/\/fixhousing.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}