Item - 2026.TE32.10

The Director, Community Planning, Toronto and East York District recommends that:

1. City Council amend City of Toronto Zoning By-law 569-2013 for the lands municipally known as 17-19, 23 and 25 Toronto Street and 55 and 57 Adelaide Street East substantially in accordance with the draft Zoning By-law Amendment included as Attachment 5 to this Report.

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

3. City Council request the General Manager, Transportation Services, to review and report back on the feasibility of amending Schedule B of the City of Toronto Municipal Code Chapter 925, Permit Parking, to exclude the development located at 17-19, 23 and 25 Toronto Street and 55 and 57 Adelaide Street East.

This report recommends approval of the application to amend the Zoning By-law, with a holding provision, to permit a 91-storey (300 metres, including mechanical penthouse) mixed use building, including 840 dwelling units and 7,920 square metres of non-residential space at 17-19, 23 and 25 Toronto Street and 55 and 57 Adelaide Street East.

A separate report from the Senior Manager, Heritage Planning, on the proposed alterations to the designated properties located at 17-19 Toronto Street, 25 Toronto Street, and 55 Adelaide Street East and the demolition and replacement of 23 Toronto Street within the St. Lawrence Neighbourhood Heritage Conservation District will be considered by City Council in conjunction with this report.

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.