Opting Out Innstead

In a recent article, Joanna Lavoie of  Toronto.com reports that the much anticipated affordable housing project slated to be built at Coxwell and Upper Gerrard in  Leslieville has been cancelled.  Innstead Co-Op Housing Inc. has pulled the plug on the project citing escalating prices and an inability to project a break even point.  Disappointment is palpable as the community and others like it, continue to be the collateral damage in an ever increasing short term rental market.  Read the article here.