49 Ontario St, Toronto: 50-Storey Affordable Housing
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50-Storey Affordable Housing at 49 Ontario St, Toronto was permitted on October 14, 2026 with a stated construction value of $25M to $50M. Construction of two buildings of 46 and 50 storeys with underground parking garage (245 affordable housing units) and townhouses. Builtie tracks the project's stage, the trades still being bought and the people who decide.
The same four steps, whether the buyer is a builder, a designer, an owner or a company you want to acquire.
The project
| Address | 49 Ontario St, Toronto |
| Project | 50-Storey Affordable Housing |
| Building type | Residential |
| Work | New building |
| Permit issued | October 14, 2026 |
| Housing units | 1,226 |
| Stated construction value | $25M to $50M |
| Estimated stage | Permit |
| Company named on the permit | Dream Unlimited Corp. and CentreCourt Developments (joint venture) See the decision makers — free trial |
| Decision makers and contacts | See who to contact — free trial |
From the permit: “Construction of two buildings of 46 and 50 storeys with underground parking garage (245 affordable housing units) and townhouses”
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Where this project is
- Since October 20136 other permits at this address
- July 8, 2025Demolition
- May 6, 2026New building
- June 16, 2026Drains and site services
- August 12, 2026New building
- August 14, 2026Drains and site services · under $1M
- October 14, 2026New construction: 50-Storey Affordable Housing · $25M to $50M (this page)
- December 2026Estimated construction start (estimate)
- April 2029Estimated completion (estimate)
How we estimate: from the permit date and its stated value, with the build lengths Builtie's project feed uses (about 30 months for a job this size). It is not the builder's schedule.
Which trades are being bought now
When each trade on this project is usually picked, in calendar months (estimate). As of October 2026: 3 to approach now, 4 coming up.
| Trade | When to approach (est.) | Status |
|---|---|---|
| Construction (est.) | Dec 2026 – Apr 2029 | Estimate |
| Excavation and Site Work | Sep 2026 – Dec 2026 | Approach now |
| Construction Site Security | Sep 2026 – Apr 2027 | Approach now |
| Concrete and Foundation | Oct 2026 – Jan 2027 | Approach now |
| Structural Steel | Dec 2026 – Apr 2027 | Coming up |
| Elevators | Dec 2026 – Jun 2027 | Coming up |
| Framing | Dec 2026 – Jun 2027 | Coming up |
| Painting | Jan 2027 – Oct 2027 | Coming up |
How we estimate: each bar is the share of the build, from the estimated start (December 2026) to the estimated completion (April 2029) above, when the builder usually picks that trade. It is not the builder's schedule.
Find work like this in Toronto
Leads for your trade: Excavation and Site Work leads in Toronto · Construction Site Security leads in Toronto · Concrete and Foundation leads in Toronto · Structural Steel leads in Toronto · every trade in Toronto.
More projects: every Toronto project of $1M+ by address · major projects in Toronto.
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What Builtie adds
In Builtie: the decision makers on this project and their verified contacts, the trades already credited on it, the builder's other active permits, and LinkedIn and email outreach that runs while you work.
Other major projects in Toronto
- 185 Eileen Ave: 3-Storey Townhomes
- 40 Bay St: Institutional Project Renovation
- 3415-3499 Weston Rd: 10-Storey Affordable Housing
- 230 Front St W: Office and Tenant Fit-Out
- 880 The Queensway: 8-Storey Mixed-Use Building
All of them: construction projects in Toronto by address. Builtie's Toronto data is the amalgamated City of Toronto, including Etobicoke, North York, Scarborough, East York and York. Mississauga, Brampton, Vaughan, Oakville and Burlington issue their own permits; Builtie has read them separately since October 2026, so a Toronto count is not a GTA count. Toronto states a construction cost on about a third of 2026 permits.
Plans
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Frequently asked questions
What is being built at 49 Ontario St?
50-Storey Affordable Housing. Construction of two buildings of 46 and 50 storeys with underground parking garage (245 affordable housing units) and townhouses
When was the permit issued for 49 Ontario St?
October 14, 2026, by the City of Toronto.
Who is building 49 Ontario St?
Dream Unlimited Corp. and CentreCourt Developments (joint venture) is named on the permit. The decision makers and their contacts are in Builtie.
Which trades does 49 Ontario St need now?
Estimated as of October 2026, the trades to approach now are excavation and site work; site security; concrete. Coming up: structural steel from December 2026, elevator from December 2026, framing from December 2026 and painting from January 2027.
What does Builtie cost?
Starter is $79 per seat per month for 20 projects; Growth is $99 for 50 projects and adds LinkedIn and email outreach. There is a 7-day free trial with 10 projects.