Item - 2025.NY28.7

The Director, Community Planning North York District recommends that:

1. City Council amend the Official Plan for the lands municipally known as 2135 Sheppard Avenue East, 325 Yorkland Boulevard, 125 Consumers Road, 15 Smooth Rose Court, and 55 Smooth Rose Court substantially in accordance with the draft Official Plan Amendment included as Attachment 5 to this Report.

2. City Council amend Zoning By-law 7625 for the lands municipally known as 2135 Sheppard Avenue East, 325 Yorkland Boulevard, 125 Consumers Road, 15 Smooth Rose Court, and 55 Smooth Rose Court 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 and Zoning By-law Amendments as may be required and to take any necessary steps to implement City Council’s decision including execution of the Section 37 Agreement as referenced in Recommendation 4, and any other necessary agreement(s). 

4. Before introducing the necessary Bills to City Council for enactment, City Council require the owner to enter into an amending Agreement pursuant Section 37 of the Planning Act, as it read the day before the date section 1 of Schedule 17 of the COVID-19 Economic Recovery Act, 2020 came into force, to secure the following community benefits:

a. A cash contribution in the amount of $350,000.00 dollars (Three Hundred Fifty Thousand) be provided towards community improvement of the Toronto Public Library within the vicinity of the land, to the satisfaction of the Executive Director, Development Review to be paid prior to the issuance of the first above grade building permit for Building “A” on the lands municipally known in 2022 as 15 Smooth Rose Court, and 55 Smooth Rose;

b. The cash contribution in Part 4.a. above shall be indexed upwardly in accordance with the Statistics Canada Non-Residential, as the case may be, Building Construction Price Index for the Toronto Census Metropolitan Area, reported quarterly by Statistics Canada in Building Construction Price Indexes Table 18-10-0135-01 or its successor, calculated from the date of the Agreement to the date of payment; and,

c. in the event the cash contribution referred to in Part 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(s) is identified in the Toronto Official Plan and will benefit the community in the vicinity of the land.

The proposed Official Plan Amendment and Zoning By-law Amendment applications seek to permit an increase in building height for Building A from the approved 35 storeys (105.5 metres) to 43 storeys (129.5 metres), along with a corresponding increase in overall density. The applications also propose to amend the percentage of dwelling unit types and an increase in the total number of dwelling units. These amendments would further amend the existing Official Plan Amendment Number 695 and Zoning By-law Amendment Number 405-2024. The subject property is municipally known as 15 Smooth Rose Court and is located within the Parkside Square lands.

The proposal includes a total gross floor area "GFA" of 31,519.8 square metres containing 463 dwelling units, while maintaining the remaining elements of the approved building envelope, including tower floorplate and resulting mix of dwelling unit types and sizes. Vehicular access to the site is proposed via a private street known as Red Knot Heights on the north side of the subject site.

A total of 296 parking spaces are proposed for the overall development of Building A, including 250 residential and 46 visitor parking spaces and 354 bicycle parking spaces. A total of 12 accessible parking spaces, which satisfies the minimum accessible parking requirement.

The proposal will also result in a density increase across the entire Parkside Square lands from 5.0 to 5.3 Floor Space Index (FSI). The Official Plan Amendment and Zoning By-law Amendment applications will also apply to the lands at 2135 Sheppard Avenue East, 325 Yorkland Boulevard, 125 Consumers Road, and 55 Smooth Rose Court.

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.