Item - 2025.MM34.21

Tracking Status

MM34.21 - Municipal Capital Facility - 877 Yonge Street - by Councillor Dianne Saxe, seconded by Councillor Lily Cheng

Decision Type:
ACTION
Status:
Adopted
Ward:
11 - University - Rosedale

City Council Decision

City Council on November 12 and 13, 2025, adopted the following:

 

1. City Council pass a By-law pursuant to section 252 of the City of Toronto Act, 2006, providing authority to:


a. enter into a Municipal Capital Facility Agreement with St. Clare’s Multifaith Housing Society with whom the City has a lease at 877 Yonge Street of approximately 5,202 square feet (the "Leased Premises") to provide City facilities used for cultural, recreational or tourist purposes; and 

 

b. exempt the Leased Premises from taxation for municipal and school purposes, with the tax exemption being effective from the latest of:


1. the commencement date of the Lease; 

 

2. the date the Municipal Capital Facility Agreement is entered into; and  

 

3. the date the Municipal Capital Facility By-law is enacted. 

 

2. City Council declare that the municipal capital facility detailed in Part 1 above is for the purposes of the City and is for a public use. 


3. City Council pass a By-law pursuant to section 252 of the City of Toronto Act, 2006, providing authority to:

 

a. amend the existing municipal housing facility agreement with St. Clare’s Multifaith Housing Society with whom the City has a lease, to add the additional approximately 5,954 square feet of vacant City-owned space used for housing project facilities (“the Additional Space”); and

 

b. exempt the Additional Space from taxation for municipal and school purposes, with the tax exemption being effective from the latest of:  


1.  the date the municipal housing facility agreement is amended into; and  

 

2.  the date the municipal housing facility by-law is amended. 

 

4. City Council direct the City Clerk to give written notice of the By-law to the Minister of Finance, the Municipal Property Assessment Corporation, the Toronto District School Board, the Toronto Catholic District School Board, le Conseil scolaire Viamonde, and le Conseil scolaire catholique MonAvenir.

Background Information (City Council)

Motions (City Council)

Motion to Introduce Motion without Notice moved by Councillor Dianne Saxe (Carried)

That Councillor Dianne Saxe be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:

 

Municipal Capital Facility - 877 Yonge Street

 

Reason for Urgency:

 

This motion is urgent as the real estate agreements have been finalized and will be executed before the next Committee/Council cycle, resulting in material property tax consequences for the non-profit operators at the Property.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council