TORONTO — The federal government is providing more than $81.5 million through the Apartment Construction Loan Program for the construction of 159 new rental homes.
Located at 3101 Bathurst St., Vivant at Bedford Park will be developed by Medallion Corporation. The nine-storey building will feature a purpose-built rental apartment located close to public transit, restaurants, bakeries and shops within the North York community, states a release.
Construction is underway and expected to be complete by the fall of 2027.
Funding provided for the project is provided in fully repayable loans from the federal government, through the Apartment Construction Loan Program.
