Transit-Oriented Development

Explore transit-oriented development in Canadian real estate — how walkable, transit-linked projects shape urban growth and boost property value.

Transit-Oriented Development

June 09, 2025


What is Transit-Oriented Development?

Transit-oriented development (TOD) is a planning strategy that concentrates residential, commercial, and recreational buildings near public transit hubs to encourage sustainable, walkable communities.

Why Transit-Oriented Development Matters in Real Estate

In Canadian real estate, TOD is a growing trend in urban planning that boosts accessibility, reduces car dependency, and increases land value.



Key elements of TOD include:
  • Mixed-use zoning near transit stations
  • Pedestrian-friendly design and density
  • Reduced parking requirements
  • Proximity to rail, bus, or LRT lines



Properties near transit hubs often see faster appreciation and strong rental demand. Municipal governments may offer incentives or upzone TOD areas.



Understanding TOD helps developers and buyers identify high-growth areas with long-term sustainability benefits.

Example of Transit-Oriented Development in Action

A condo developer secures land near a new light rail station, capitalizing on TOD policies that allow higher density and reduced parking mandates.

Key Takeaways

  • Focuses development near transit hubs
  • Encourages walkable, mixed-use areas
  • Increases land value and rental demand
  • Supported by city policies and incentives
  • Appeals to sustainability-focused buyers

Related Terms

  • Zoning
  • Urban Planning
  • Walkability
  • Land Value
  • Housing Supply

Additional Terms

Public Realm Improvements

Public realm improvements are enhancements to public spaces such as sidewalks, parks, plazas, and streetscapes, often funded or contributed by. more

Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

A lease surrender agreement is a negotiated contract between a landlord and tenant that ends a lease before its scheduled expiration. Terms may. more

Green Infrastructure

Green infrastructure refers to natural or engineered systems that manage stormwater, reduce heat, and improve sustainability in developments.. more

Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

The Underused Housing Tax (UHT) is a federal annual 1% tax on the value of vacant or underused residential property owned by non-resident,. more

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