22 affordable rental homes are available at The Darcy, located at 140 D’Arcy Street in downtown Toronto. These homes are offered in accordance with the City of Toronto’s affordable housing guidelines, developed by ‘315 Spadina LP’ and are available to households that meet eligibility requirements.

Registration Opens: May 19th, 2026 at 9:00 AM
Registration Deadline: June 19th, 2026, at 5:00 PM

All registrations must be submitted within this window to be eligible for the random draw.

Expected Occupancy: Late Summer 2026

Neighbourhood

Kensington Market. Chinatown. Queen West.

One of the most culturally layered areas in downtown Toronto, where independent shops, cafés, and galleries sit alongside markets and restaurants from around the world.

Walkable, connected, and always active. Street life moves from morning coffee to late nights without pause.

Minutes from transit, everything you need is close. Everything connected.

Property Details

The Darcy is a new rental residence at 140 D’Arcy Street in downtown Toronto, now leasing for Summer 2026.

Studios to three-bedroom homes designed for how you live. Clean layouts. Thoughtful details. Space to work, reset, and unwind.

Amenities are built into your day. The Health Club, The Social, and The Nook provide space to focus, connect, and recharge, with rooftop access and outdoor areas extending your home.

Secure entry, on-site management, and a dedicated maintenance team support daily living without friction.

Suite Details

Unit Type

Size Range (sq. ft.)

2026 AMR (80%)

Utility Allowance

Max Household Income

Max Number of Persons

Studio
*Barrier free options

509 – 584

$1,087

$112

$52,176

2

1 Bedroom
*Barrier free options

574 – 781

$1,298

$112

$62,304

2

2 Bedroom

769 – 823

$1,487

$157

$71,376

4

3 Bedroom

1,271

$1,707

$182

$81,936

6

Rents are set in accordance with the City of Toronto’s Average Market Rent (AMR) 2026 guidelines.

Utilities are the responsibility of the resident. Utility allowance and income thresholds are subject to City guidelines.

Annual rent increases will be no more than the approved Provincial Guideline rent increase.

Accessibility accommodations are limited but available upon request.

Parking spots are limited but available at an additional cost, not part of this draw.

Application Process

How the Process Works

  1. Register your interest before the application deadline.
  2. Applicants will be selected through a random draw.
  3. If selected, you will receive an electronic application form via email.
  4. You will have five (5) calendar days to complete and submit your application with all required documents and forms.
  5. Applications will be reviewed for eligibility and completeness.
  6. Successful applications will be invited to sign a lease.

Who Can Apply

Applicants must:

  • 16+ years old
  • Have legal status in Canada
  • Meet household occupancy requirements (maximum 2 persons per bedroom)
  • Have a total household income below the Eligible Annual Maximum
  • Not own residential property

What You'll Need

To apply, you will need:

  • Two (2) pieces of identification
  • Most recent Notice of Assessment (2024 or 2025)
  • Proof of legal status in Canada
  • Supporting income documents, if requested
  • Rental references, if applicable
  • Any additional supporting documents required to verify eligibility

Application Screening

Applications are subject to standard landlord screening, including:

  • Credit check
  • Income verification
  • Rental reference review, if applicable
  • Eligibility confirmation

Please be advised that submission of a registration or application does not guarantee selection or tenancy. Successful applicants will enter into a standard residential lease agreement.

Applications are reviewed in accordance with City of Toronto program requirements to ensure a fair and transparent process.

Duplicate registrations are not permitted, and residents are responsible for setting up and paying utilities through a third-party provider.

Frequently Asked Questions

What is affordable housing at The Darcy?

Affordable housing units are rental homes offered at rents aligned with City of Toronto guidelines.

How are rents determined?

Rents are based on the City’s annual 2026 Average Market Rent (AMR) by unit type, which is based off the CMHC average market rent for the City of Toronto.

I’ve registered on the website, now what?

Once you have registered, and once the deadline has passed. All applicant names will be included in a random draw process. Applicants that are selected from the random draw will be contacted in order, based on the highest ranking for their qualified unit type. If you qualify and are chosen, you will be sent an email with further steps to complete an application form, that must be completed in 5 days.

Are utilities included?

No. Utilities are the responsibility of the resident.

Who qualifies?
  • Have legal status in Canada (I.e. Citizen, PR, PR applicant, Refugee claimant or Convention Refugee)
  • At least one member of the household is 16 years old or older and is able to live independently
  • Household income below the Eligible Annual Maximum for the unit type - set by the City of Toronto
  • Not own residential property

In addition, the household must not:

  • Have arrears with a social housing provider, unless household has entered into a repayment plan with that provider and the repayment plan is in good standing
  • Own a home suitable for year-round occupation
  • Have an enforceable removal order against them

Household income refers to the total gross annual income of all occupants and must:

  • Not exceed the Eligible Annual Maximum for the unit type
  • Be sufficient to meet rent requirements (typically up to four (4) times the annual rent)

What documents are required?

Applicants will be required to provide:

  • Most recent Notice of Assessment (2024 or 2025)
  • Proof of legal status in Canada
  • Two (2) pieces of identification

Additional documents may be required for landlord screening, including:

  • Proof of income
  • Employment verification
  • Rental references
  • Credit check
Is there a deadline to apply?

Yes. Applications must be submitted by June 19, 2026.

How many units are available?

A limited number of affordable units are available.

Do I need insurance to live here?

Yes, you’ll be asked to provide proof of insurance on move-in.

What is a Barrier Free Unit?

A barrier free unit, meets AODA (Accessibility for Ontarians with Disabilities Act) requirements. Should you require an accessible unit accommodation, please note this in your application. Medical verification will need to be submitted with the application, to demonstrate need. AODA Unit Features:

Wider Doors and Hallways: Ensuring ease of movement for individuals using mobility devices.

Barrier-Free Paths: Kitchens, balconies, bedrooms, and bathrooms designed for barrier-free travel.

Accessible Bathrooms: Equipped with fixtures like grab bars and wheel-in showers for comfort and safety.

Accessible Kitchens : Thoughtfully designed for safe and comfortable use by individuals with mobility devices.