Why Toronto has Among the Slowest Housing Development Approval Times in GTA
The City of Toronto has among the fewest planners and some of the longest approval timelines for residential development applications of 18 regional municipalities — factors that contribute to the high cost of housing, according to a new benchmarking study by the home construction industry.
It shows that only Innisfil and Aurora had fewer planners on their municipal staff when measured per 1,000 housing starts. Only Bradford-West Gwillimbury and Caledon surpassed Toronto’s 21-month average approval time. Other municipalities such as Oshawa, Innisfil, Burlington, Oakville and Barrie had average development approvals of nine to 12 months.
Toronto had 53 planners per 1,000 housing starts, compared to 104 in Richmond Hill and 143 in Burlington, said the report issued Tuesday by the Building Industry and Land Development Association (BILD).
There are reasons Toronto applications take longer, said BILD CEO David Wilkes.
“It is the biggest municipality within the region and it’s probably the most complex so it does take some longer time to get some approvals through,” he said.
The political process in Toronto also influences the development process, said Wilkes.
At the same time, Toronto ranks at the top of the list in terms of the tools and guidance it offers developers to follow through the application process, said Wilkes.
The BILD Municipal Benchmarking Study by Altus Group found that government fees and delays added between $58,000 and $87,000 to the cost of a 2,000 sq. ft. single-family home in the GTA. On highrise units, the additional costs amount to between $44,000 and $66,000.