Feasibility of Acquisition or Expropriation study of 214, 218, 220, 222, 224, 226 and 230 Sherbourne Street results in statement that city staff nor council has the skill expropriate 5 lots for public good.From the city report.
Staff do not recommend the acquisition or expropriation of the Properties at this time. The City of Toronto does not currently have a policy or standardized approach to the acquisition/ expropriation of properties for affordable housing development. This report recommends CreateTO, the Director, Real Estate Services Division and the Director, Affordable Housing Office, develop an affordable housing real estate acquisition/ expropriation strategy and report on the strategy in 2019 as part of the development of the Housing Opportunities Toronto 2020-2030 Action Plan.
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