Who we are
Welcome to the Toronto Lands Corporation (TLC). We are a real estate services company, incorporated as a wholly owned subsidiary of the Toronto District School Board (TDSB) to oversee the disposition, redevelopment, management and leasing of properties no longer operating as schools.
Following the amalgamation of seven local school boards in 1998, the TDSB became the owner of the largest real estate portfolio in the City of Toronto. Realizing that managing a portfolio of this nature and size requires specific expertise, is complex and time consuming, TDSB established TLC in 2008 to professionally manage these assets. In September 2018 TLC’s mandate was expanded to include all Board-wide real estate, land use planning, asset management, leasing, partnerships, community hubs and services through the modernization of school sites.
With this renewed endorsement and heightened responsibility, TLC is positioning itself to focus on preserving public and community assets. We are championing the development of a comprehensive and coordinated city-wide strategy toward the modernization of school buildings and the integration of social benefits that strengthen communities.
To improve the educational experience for students in TDSB schools by maximizing the benefit of TDSB real estate for students and their communities.
Our Core Principles
1. TDSB lands are to be preserved as public assets to the maximum extent possible
2. TDSB’s delivery of a strong public education system in the future depends on continuous modernization of TDSB schools
3. Maximizing TDSB land value extends beyond financial and is to include community and social value
4. TDSB must be kept Financially Whole in developing local and sustainable public service programs on TDSB Real Estate Portfolios which support the partnerships and community hub model.