Mix of market shift, better policies that actually economically allow rental to be built, and the Provincial TOA action:
The proposal is to allow for the development of a 12-storey mixed-use building with a rooftop amenity space, and includes:
https://www.shapeyourcity.ca/486-w-26-ave
52 rental units with 20% of the floor area for below-market units;
Commercial space on the ground floor;
A floor space ratio (FSR) of 4.9: and
A building height of 44 m (145 ft.).