Item - 2025.TE26.3

The Toronto and East York Community Council recommends that:

1. City Council amend the Official Plan for the lands municipally known as 55 Eglinton Avenue East substantially in accordance with the draft Official Plan Amendment included as Attachment 6 to the report (October 3, 2025) from the Director, Community Planning, Toronto and East York District.

2. City Council amend City of Toronto Zoning By-law 569-2013 for the lands municipally known as 55 Eglinton Avenue East substantially in accordance with the draft Zoning By-law Amendment, which includes a Holding Provision, included as Attachment 7 to the report (October 3, 2025) from the Director, Community Planning, Toronto and East York District.

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

4. City Council require the owner of the lands at 55 Eglinton Avenue East, at their sole cost and expense, to enter into, and register on title, an Amending Section 37 Agreement amending the Section 37 Agreement registered on title to the lands, registered as Instrument Number AT580485, securing the following matters of legal convenience to implement the requirements of the recommended Official Plan Amendment, to the satisfaction of the Executive Director, Development Review and the City Solicitor as follows:

a. in accordance with draft Official Plan Amendment, included as Attachment 6 to the report (October 3, 2025) from the Director, Community Planning, Toronto and East York District, the owner shall be required to provide a minimum 1,165 square metres of non-residential uses or affordable housing, in lieu of the required office replacement, which will include a minimum of 303 square metres of retail on the ground floor and 360 square metres of affordable housing; the affordable housing shall be provided in accordance with the terms and conditions outlined in Attachment 8 to the report (October 3, 2025) from the Director, Community Planning, Toronto and East York District.

5. City Council request the owner to make reasonable commercial efforts to convey off-site parkland to the City equal to the value of the on-site parkland dedication owed, in fulfilment of the parkland dedication requirements pursuant to Section 42 of the Planning Act, with the off-site parkland dedication to be acceptable to the General Manager, Parks and Recreation and free and clear of any above or below grade encumbrances, to be conveyed prior to the issuance of the first above grade building permit; and

a. in the event that the off-site parkland dedication is less than the value of the on-site parkland dedication, then the owner will pay cash-in-lieu of parkland to make up for the shortfall in parkland dedication, prior to the issuance of the first above grade building permit;

b. in the event that the owner is unable to provide an acceptable off-site parkland dedication to the City, the owner will be required to satisfy the parkland dedication requirement through the payment of cash-in-lieu; and

c. the value of the cash-in-lieu of parkland dedication will be appraised through the City's Corporate Real Estate Management Division and payment will be required prior to the issuance of the first above grade building permit.

6. City Council approve a development charge credit against the Parks and Recreation component of the Development Charges for any design and construction by the owner of the Above Base Park Improvements to the satisfaction of the General Manager, Parks and Recreation; the development charge credit shall be in an amount that is the lesser of the cost to the owner of designing and constructing the Above Base Park Improvements, as approved by the General Manager, Parks and Recreation, and the Parks and Recreation component of development charges payable for the development in accordance with the City's Development Charges By-law, as may be amended from time to time.

7. City Council amend Paragraph 1 in Schedule A of Zoning By-law 883-2021(OLT) so that it now reads:

1. The Owner shall:

(a) prior to the issuance of any above-grade Building Permit, pay a financial contribution of two hundred and fifty thousand dollars ($250,000.000 CAN) to the City to be allocated towards the Davisville Aquatic and Community Recreation Centre or other community facilities in the vicinity of the lands to the satisfaction of the Chief Planner, in consultation with the Ward Councillor; or

(b) prior to issuance of any above-grade Building Permit, pay a financial contribution of two hundred and fifty thousand dollars ($250,000.000 CAN) to the City to be allocated towards off-site improvements to the public lane, south of Eglinton Avenue East, between Holly Street and Dunfield Avenue, to the satisfaction of the Chief Planner, in consultation with the Ward Councillor, or

(c) at its sole cost and expense, prior to site plan approval for any portion of the Lands, enter into a financially secured agreement in the form of a Municipal Infrastructure Agreement, to the satisfaction of the Director, Engineering Review, for the design and construction of off-site improvements to the public lane, south of Eglinton Avenue East, between Holly Street and Dunfield Avenue, for a contribution of equal value,

where such election shall be at the City’s sole discretion, in consultation with Ward Councillor.

The Toronto and East York Community Council held a statutory public meeting on October 22, 2025 and notice was given in accordance with the Planning Act.

This report recommends an amendment to Zoning By-law 883-2021(OLT) to permit a 183-metre (55 storeys) including mechanical penthouse mixed use building with a total gross floor area of 43,853 square metres at 55 Eglinton Avenue East. Zoning By-law 883-2021(OLT) permits a building of 177.9 metres (50 storeys). The current proposal is 5.3 metres taller in height and 2,553 square metres more in total gross floor area compared to the previous approval.

This report also recommends an Official Plan Amendment to require 1,165 square metres of gross floor area as a combination of non-residential uses and/or affordable housing in lieu of office replacement. This includes 303 square metres of ground level retail, 502 square metres of non-residential uses on the second level, and 360 square metres of affordable housing.