Generations Toronto, a multi-generational, community‑focused housing development supported by the federal government, officially opened March 30, 2026, at 325 Moriyama Drive. The project delivers 390 rental homes and acts as a model for how housing, health services, and community supports can be woven together to create inclusive, sustainable neighbourhoods. The opening drew multiple government representatives alongside His Highness the Aga Khan, underscoring the collaborative nature of the project and its significance for Toronto’s Ismaili community.
“Our Government is committed to driving housing supply to bring housing costs down. Generations Toronto creates more much-needed rental homes for the people living and working in Toronto,” commented Federal Housing Minister Gregor Robertson. “It’s an example of what’s possible when all levels of governments and communities work together. It’s also another step forward in our bold, ambitious plan to build Canada strong.”
Treasury Board President Shafqat Ali echoed this sentiment, noting the broader community impact of the development. “Projects like Generations Toronto make communities better, and better communities benefit us all. By combining expertise, investment, and shared purpose, this partnership is transforming how we approach housing and community building. Our government is proud to have been a part of making this happen. This is more evidence of what we can do, as a country, when we work together.”
Other leaders—including Ontario Premier Doug Ford, His Highness the Aga Khan, Toronto Mayor Olivia Chow, and Councillor Jon Burnside—also praised the project’s vision and the collaboration that made it possible. Key investments include $130 million in federal financing through the Apartment Construction Loan Program (ACLP) and $17.5 million in incentives, including development charge exemptions and permit fee waivers, from the City of Toronto.
The federal government describes Generations Toronto as a demonstration of what multi‑level collaboration can achieve: a place where seniors, families, and individuals can live, receive care, and build community together. With its mix of housing, long‑term care, and community services, the development offers a blueprint for future projects aimed at addressing Canada’s evolving housing needs.

