Item - 2025.NY28.5

The Director, Community Planning North York District recommends that:

1. City Council amend Official Plan Amendment 614 (By-law Number 1083-2022) for the lands municipally known as 71 Talara Drive substantially in accordance with the draft Official Plan Amendment included as Attachment 5 to this Report.

2. City Council amend Site-Specific By-law 891-2022 for the lands municipally known as 71 Talara Drive substantially in accordance with the draft Zoning By-law Amendment included as Attachment 6 to this Report.

3. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft Official Plan Amendment and draft Zoning By-law Amendment, as may be required.

4. City Council direct that before introducing the necessary Bills to City Council for enactment, the Owner be required to:

a. Enter into an amending Agreement pursuant to Section 37 of the Planning Act to secure an additional cash contribution of $600,000.00 for a total of $2,850,000.00 with the allocation of funds and all other conditions remaining the same.

1. The financial contribution pursuant to Recommendation 4.a. above shall be indexed upwardly in accordance with the Statistics Canada Non-Residential Building Construction Price Index for Toronto, calculated from the date City Council adopts the zoning by-law amendment(s) to the date of payment.

2. In the event the cash contribution referred to in Recommendation 4.a. above has not been used for the intended purpose within three (3) years of this By-law coming into full force and effect, the cash contribution may be redirected for another purpose, at the discretion of the Executive Director, Development Review, in consultation with the local Councillor, provided that the purpose is identified in the Toronto Official Plan and will benefit the community in the vicinity of the lands.

b. Enter into, and register on title to the lands at 71 Talara Drive, one or more agreement(s) to secure the conditions outlined in Parts 6.a. through 6.l. of the approval report for the Rental Housing Demolition application (NY34.4) as approved by Council on July 19, 20, 21, and 22, 2022, including an agreement pursuant to Section 111 of the City of Toronto Act, 2006, all to the satisfaction of the City Solicitor and the Chief Planner and Executive Director, City Planning.

c. Withdraw its appeal of the Renew Sheppard East Secondary Plan (Official Plan Amendment 777) (By-law 4037-2024) to the Ontario Land Tribunal within Ontario Land Tribunal Case: OLT-25-000068.

This report recommends approval of the application to amend Official Plan Amendment 614 (By-law Number 1083-2022) and Site-Specific By-law 891-2022 to permit a 36-storey (108.1 metres, plus 6.0 metre mechanical penthouse) residential building. The proposal includes a total of 385 residential dwelling units, 29 of which will be rental replacement units. The proposal includes a five-level underground parking garage with 197 parking spaces, including 21 visitor parking spaces. Three short-term parking spaces are dedicated to pick-up and drop-off at grade.

The proposed development is consistent with the Provincial Planning Statement (2024). The proposal also conforms with the general intent of the City’s Official Plan and has appropriate regard for the Council-adopted Renew Sheppard East Secondary Plan (OPA 777).

The Development Review Division confirms that there are no financial implications resulting from the recommendations included in this Report in the current budget year or in future years.