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Save Up While You Spruce Up: Toronto's Commercial Space Rehabilitation Grant Program

Updated: Nov 30, 2023

Nov 24, 2023


Are you a commercial business owner seeking to transform your storefront or revamp vacant spaces into thriving hubs? The Commercial Space Rehabilitation Grant Program in Toronto, supported by the Government of Canada, aims to breathe new life into local businesses affected by the aftermath of COVID-19. Let’s delve into how this grant program could be the game-changer for your business.


Overview: A Lifeline for Commercial Spaces

The Commercial Space Rehabilitation Grant Program offers a golden opportunity for commercial business operators and owners of vacant storefronts to rejuvenate their spaces. This matching-funding initiative, providing up to 50% coverage, supports interior improvements, revitalizing spaces impacted by the pandemic.



The program underscores the importance of small retail businesses in Toronto.

  • Grants covering 50% of the interior improvement costs, with a base grant maximum of $20,000 for a minimum $40,000 expenditure.

  • Additional funds of up to $4,000 for accessibility upgrades, ensuring compliance with AODA standards.

  • For multi-unit properties, supplementary grants of up to $20,000 ($4,000 per unit, up to five units) are available.



Eligibility Criteria: Who Can Apply?

Owners and tenants of vacant or at-risk-of-being-vacant commercial properties at street level within Toronto, primarily used for commercial purposes, are eligible. A minimum of three eligible improvements must be undertaken.


Eligible Projects: Transformative Improvements

From structural upgrades to enhancing accessibility, a variety of projects fall under the program's eligibility criteria. These include interior fixtures, HVAC, plumbing, electrical, painting, and AODA-compliant upgrades, among others.


Getting Started through Us:


Applications, though currently closed, will reopen in December 2023. To learn more about the program and prepare for the next round of applications, reach out to our grant specialist at 416-700-0056 or velesconstructioninfo@gmail.com


Our dedicated team at Veles Construction Ltd. will help you navigate through the complex application process. In addition to this, we can provide one-stop tailored renovation and retrofitting service to help with your office transformation!



In conclusion, the Commercial Space Rehabilitation Grant Program is a great opportunity for Toronto's commercial spaces, offering a chance to revitalize and flourish. Stay tuned for the upcoming application round and seize this opportunity to transform your business space into a thriving hub of success and innovation.



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