Item - 2026.TE34.31

The Toronto and East York Community Council recommends that:

1. City Council amend City of Toronto Zoning By-law 569-2013 for the lands municipally known as 2010-2050 Yonge Street and 15 Lola Road substantially in accordance with the draft Zoning By-law Amendment, which includes a Holding Provision, included as Attachment 5 to the report (June 8, 2026) from the Acting Director, Community Planning, Toronto and East York District.

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 approve that in accordance with Section 42 of the Planning Act prior to the issuance of the First Above Grade Building Permit, the City will accept conveyance of the property municipally known as 24 Manor Road East as off-site parkland dedication, to the satisfaction of the Executive Director, Development Review and the City Solicitor.

4. City Council approve the acceptance of an off-site parkland dedication, subject to the owner transferring the parkland to the City free and clear, above and below grade, of all easements, encumbrances and encroachments, in an acceptable environmental condition.

5. City Council direct that should the cost of acquiring the land for the off-site dedication, including the purchase price, less reasonable real estate commissions of up to five percent, land transfer tax and typical closing adjustments incurred, to the satisfaction of the Executive Director, Development Review, be less than the value of the parks levy calculated upon the submission of an application for the first above-grade building permit, the difference will be paid as cash in lieu to the City prior to the issuance of the first above-grade building permit for the development.

6. City Council request the applicant establish a Neighbourhood Liaison Committee including but not limited to the South Eglinton Davisville Residents Association, in consultation with the Ward Councillor, the General Manager, Transportation Services and the Executive Director, Development Review, and to consult the committee developing a Construction Management Plan for the project; as a part of the Construction Management Plan, request the following key priorities be addressed:

a. measures to limit right-of-way occupancy for construction staging;

b. regular cleaning of the streets, sidewalks and adjacent properties for dust and debris;

c. adequate notice to residents of any major neighbourhood disruptions; and

d. review options to mitigate neighbourhood traffic impacts resulting from this application.

The Toronto and East York Community Council held a statutory public meeting on July 8, 2026 and notice was given in accordance with the Planning Act.

This report recommends approval of the application to amend the Zoning By-law to permit a 60.0-metre (15 storeys, excluding mechanical penthouse) mixed-use building at 2010-2050 Yonge Street and 15 Lola Road. The building is proposed to contain 274 dwelling units and 1,453 square metres of ground floor commercial space. The development proposes to include a City-owned public laneway (Ln W Yonge S Lola Rd) that currently provides access to the subject site, as well as to 20 Glebe Road West which is under separate ownership. An off-site parkland dedication is proposed at 24 Manor Road East. 

For the development to proceed as proposed, the City-owned public laneway will need to be permanently closed through a separate process led by the City's Transportation Services Division and the laneway lands acquired by the proponent though a subsequent sale and disposition process managed by the City's Corporate Real Estate Management (CREM) division. The applicant will be required to address any and all matters pertaining to the adjacent land's use of the existing public laneway though these subsequent applications. 

A Holding provision is recommended for the site which would not be lifted unless City Council passes a by-law to close the public laneway (Ln W Yonge S Lola Rd); the laneway is acquired by the proponent; and all associated requirements have been satisfied.