Item - 2026.TE29.8

The Toronto and East York Community Council recommends that:

1. City Council amend the Official Plan for the lands at 56-60 Yonge Street substantially in accordance with the draft Official Plan Amendment included as Attachment 6 to the report (February 2, 2026) from the Director, Community Planning, Toronto and East York District.

2. City Council amend Zoning By-law 569-2013 for the lands municipally known as 56-60 Yonge Street substantially in accordance with the draft Zoning By-law Amendment included as Revised Attachment 7 to the report (February 2, 2026) 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 Zoning By-law Amendments as may be required.

The Toronto and East York Community Council held a statutory public meeting on February 19, 2026 and notice was given in accordance with the Planning Act.

This report recommends approval of the application to amend the Official Plan and Zoning By-law to permit a 65-storey (243.5-metres, including mechanical penthouse) mixed-use building, containing 648 residential units and 68 square metres of non-residential space.

The proposed tower partially cantilevers over an existing 8-storey designated heritage building containing a hotel at 56 Yonge Street, which will be retained. The Official Plan Amendment is required to amend the Downtown Plan to not require the replacement of the existing office space and reduce the overall non-residential gross floor area provided on site.

A separate report from Heritage Planning, on the proposed conservation of the designated heritage property at 56 Yonge Street will be considered by City Council in conjunction with this report.