505 University Ave

01What’s planned near 505 University Ave

At this address: a 64‑storey building with 704 homes and shops, under review by City planners. 4 planning proposals within 250 m (about a 3‑minute walk) including this address: three in progress and one decided recently. A proposal that covers several addresses or City files is listed once. That's more than at most Toronto addresses (the typical address has 1).

In progress

1. 1
   64-storey building · 704 homes and shops

   This address 505 University Ave

   Site plan: City review of the design and layout of a new building

   704 homes

   City planners have been reviewing it since 2022. Residents can comment before a decision is made.

   The redevelopment proposes a 64-storey mixed-use building with a 12-storey office podium and is inclusive of four levels of below-grade parking with a total of 171 parking spaces. The redevelopment proposes 704 dwelling units, resulting…

   File 22 198151 STE 11 SA · submitted Aug 31, 2022 · City record and how to comment
2. 3
   Split the lot

   123 Edward St · 99 m away

   Committee of Adjustment · Consent: permission to split a lot or change property lines

   A public hearing is set for Oct 2, 2027 at TBA. Neighbours can send comments or speak at the hearing.

   To obtain consent to sever the property into two lots and to create new easements/rights-of-way.

   File B0057/26TEY · submitted Sep 13, 2026 · look it up on the City’s Application Information Centre
3. 4
   Site plan

   700 Bay St and 1 more address · 138 m away

   Site plan: City review of the design and layout of a new building

   City planners have been reviewing it since September. Residents can comment before a decision is made.

   Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.

   All 2 addresses

   700 Bay St · 99 Gerrard St W

   File 26 231153 STE 11 SA · submitted Sep 2, 2026 · City record and how to comment

Decided recently

1. 2
   64-storey building · 704 homes and shops

   This address 505 University Ave

   Rezoning: a request to change the Official Plan or zoning so something new can be built

   704 homes

   The Ontario Land Tribunal (formerly the OMB) approved it.

   Official Plan Amendment application to permit a 64-storey mixed-use building, containing 704 dwelling units, 25,100 square metres of office and 600 square metres of retail gross floor area. A concurrent Zoning Amendment application for…

   File 24 118172 STE 11 OZ · submitted Feb 23, 2024 · City record and how to comment

Development Applications and Committee of Adjustment Applications, City of Toronto. A proposal that covers several addresses or City files is listed once. Inactive: the City’s file is still open but marked inactive. Decided: development files submitted in the last 4 years; Committee of Adjustment decisions in the last 2 years.

Noise permits nearby

• 481 University · 481 University Ave
  Continuous concrete pour · EllisDonMay 28, 2026 to Jan 29, 2027 · 7 am to midnight
  74 m away
• 8 Elm Condos · 8 Elm St
  Construction · 8Elm Development Limited PartnershipJuly 1 to Dec 31 · 6 am to 9 pm
  540 m away
• 8 Elm Condos · 8 Elm St
  Continuous concrete pour · 8Elm Development Limited PartnershipJuly 1 to Dec 31 · 7 am to 11 pm
  540 m away
• 8 Elm · 8 Elm St
  Construction · 8elm Development Limited PartnershipSept 10 to Nov 12 · 7 to 11 pm
  540 m away
• 8 Elm Street · 8 Elm St
  Construction · 8elm Development Limited PartnershipNov 1 to Dec 27 · 9 am to 5 pm
  540 m away
• Private event · 8 Elm St
  Construction · 8elm Development Limited PartnershipNov 19 to Dec 31 · 7 to 11 pm
  540 m away
• Private event · 100 Queen St W
  Amplified soundSat, Nov 28 · 6 to 11 pm
  423 m away
• Mayor's New Year Skate Party · 100 Queen St W
  Amplified sound · in Multiple, see aboveSun, Jan 3 · 1 to 5 pm
  423 m away

City of Toronto Noise Exemption Permits: permits that let a site go past the noise bylaw’s limits for a set time (amplified sound for an event, construction outside normal hours, a concrete pour). Upcoming and current permits within 600 m. Events run by individuals show their name only for street parties, festivals and markets.

02Street work near 505 University Ave

2 City road or sidewalk projects are planned within 500 m. The closest: road repairs on Foster Pl, near Elizabeth St, Q1 to Q4 2027.

Utility digs within 250 m

• Toronto Hydro · Ductbank installation at 130 Elizabeth St · 176 m · Jun 11, 2026 to Dec 11, 2026

Source: City of Toronto Road Reconstruction, Road Resurfacing and Sidewalk Construction programs (planned work within 500 m), and Utility Cut Permits. Dates are the City’s plan and can move. “Carried over” means the work was due earlier and is still listed.

03Safety near 505 University Ave

Police recorded 296 major crimes within 500 m of this address from Oct 2025 to Sep 2026. That's more than at 98% of Toronto addresses. The table compares the neighbourhood's rates with Toronto's.

Source: Toronto Police Service Public Safety Data Portal, Major Crime Indicators (Oct 5, 2025 to Sep 30, 2026) and Neighbourhood Crime Rates. Reported incidents only; police place each incident at the nearest intersection. Five-year trends for Yonge-Bay Corridor

Traffic safety

4 collisions killed or seriously injured someone within 500 m since 2021; 2 involved pedestrians and 1 was fatal. Most were on University Ave and 525 Elm St. Yonge-Bay Corridor has more of these collisions per resident than almost anywhere in Toronto.

• 525 Elm St · Pedestrian, seriously injured · Aug 10, 2022 · 283 m
• University Ave at Elm St · Driver, seriously injured · Jul 15, 2022 · 88 m
• Gerrard St W at Elizabeth St · Pedestrian, seriously injured · Apr 16, 2022 · 304 m
• College St at University Ave · Motorcyclist, killed · Sep 3, 2021 · 478 m

Source: Toronto Police Service, collisions in which someone was killed or seriously injured (since 2021, within 500 m); City of Toronto School Safety Zones and Traffic Calming Database.

Other crimes near this address

Toronto Police Service: Shootings and Firearm Discharges, Bicycle Thefts and Theft From Motor Vehicle, June 2025 to June 2026. Police place each incident at the nearest intersection.

04Getting around from 505 University Ave

The nearest subway station is St Patrick Station (Line 1), about a 2‑minute walk (0.1 km). Within a 5‑minute walk there are 12 TTC stops served by the 505 and 506 streetcars and the 19 and 13 buses, with about 2,939 departures on a typical weekday. The nearest GO train station is Union Station GO, 1.3 km away, with 354 train stops on a weekday.

TTC and GO Transit schedules for a typical weekday (Nov 18, 2026). Walking times are estimates. Bike Share Toronto station data; City of Toronto Cycling Network and Permit Parking Areas.

How reliable are your routes?

TTC Bus and Streetcar Delay Data, September 2025 to September 2026: incidents the TTC logged as delaying service. Per 1,000 trips uses each route’s weekday schedule, so busy routes aren’t penalized for running more vehicles. A typical route: 4.0.

Charging and bike parking

• EV charging: 91 Elizabeth St
  City-run (On-Street): 2 Level 2 ports. Next: Toronto City Hall, 100 Queen St W, 488 m.277 m
• Indoor bike station: City Hall
  Secure parking for 300 bikes.488 m

City of Toronto: City-operated EV charging stations (private chargers aren’t included); indoor bike stations, shown within 1.5 km.

05Schools and child care near 505 University Ave

The closest public and Catholic schools. They may not be the ones assigned to this address; check with the Toronto District School Board (TDSB) or Toronto Catholic District School Board (TCDSB).

The red tick on each bar is the Toronto average. Private schools within 1 km: Ronald Mcdonald House, Cornerstone Preparatory School - Main Campus, Braemar College Private Secondary School, The Ymca Academy Secondary School, Taie International Institute School. Source: Ontario Ministry of Education (2026), EQAO results.

Within 500 m (about a 6‑minute walk): six licensed child care centres and no EarlyON centres.

Source: City of Toronto Licensed Child Care Centres, EarlyON Child and Family Centres, and ChildCareSafe (Toronto Public Health inspections).

06Parks, trees and libraries near 505 University Ave

There are 4 parks and 1 playground within 500 m. The nearest pool is Harrison Pool, 579 m away.

Parks and community centres within 500 m

• Gallery Park · 129 McCaul St E · 309 m
• Larry Sefton Park · 500 Bay St · 384 m
• McCaul-Orde Parkette · 235 Mc Caul St · 416 m
• Toronto City Hall · 100 Queen St W · 418 m
• Nathan Phillips Square · playground, washroom · 100 Queen St W · 471 m

Pools, courts and more

Also nearby

Source: City of Toronto Parks and Recreation Facilities, Registered Programs and Drop-In Programs, Tennis Courts, Outdoor and Indoor Ice Rinks, Washroom Facilities, Off-Leash Areas, Street Tree Data; Toronto Public Health SwimSafe and Beach Water Quality; Toronto Public Library branches.

Park space

Park projects nearby

• New Park on St. Patrick Street
  A new park is coming to 234 Simcoe St as part of the Relic Linear Park System. Learn more about the project and how you can get involved.In progress · 302 m
• New Park on Dundas Street West
  A new park is coming to 129 McCaul St as part of the Relic Linear Park System. Learn more about the project and how you can get involved.In progress · 317 m
• New Park at 229 Richmond Street West
  A new 2,600m2 park is coming to 229 Richmond St. W. The park site is currently leased to a restaurant and used as an outdoor patio.In progress · 769 m
• New Park at 15 Wellesley Street East
  A new park is coming to 15 Wellesley St. E., directly across from the Wellesley subway station.In progress · 1.1 km
• New Park at 114 Church Street
  A new park is coming to 114 Church St. Learn more about the project and how you can get involved.In progress · 1.1 km

City of Toronto: Green Spaces (parks, natural areas and conservation land; hydro corridors, golf courses, cemeteries and road verges aren’t counted); Park and Recreation Facility Projects within 1.5 km.

07The building at 505 University Ave

There are no building orders or short-term rental registrations on record for 505 University Ave. Here is what the City does have.

The lot

Green roof and solar permits

No green roof or solar hot water permits at this address. Within 500 m: 9 with a green roof.

City of Toronto Building Permits: Green Roofs, and Solar Hot Water Heaters.

08What can be built at 505 University Ave

CR (Commercial Residential) zoning allows shops and offices on the ground floor with homes above, typical of main streets. The numbers below are the main limits; the full rules depend on the lot.

Special areas

Source: City of Toronto Zoning By-law 569-2013 (zone, height and lot coverage overlays), Heritage Conservation Districts, Major Transit Station Areas, Secondary Plans and Archaeological Potential. This is a summary, not a zoning review. Read the by-law and see the City’s map.

09Around the block

Source: Affordable Housing Pipeline, Rental Housing Demolition and Conversion applications, Short Term Rentals Registration, Multi-Tenant (Rooming) House Licences, Business Licences and Permits (storefront types; owners’ personal names are never shown), POPS, and Daily Shelter Occupancy (Nov 10, 2026). Confidential shelter locations are not published.

Traffic on your street

City of Toronto Transportation Services: speed, volume and classification counts since 2016.

Parking tickets on this block

1,780 tickets in 2025 on University Ave between numbers 455 and 555: 705 for stopping where it’s not allowed, 357 for parking near a fire hydrant.

City of Toronto Parking Tickets, 2025. Placed by the street address the officer recorded.

Main street business area

Downtown Yonge BIA, about 350 m away. Business Improvement Areas are local business associations that run street events and improvements.

City of Toronto Business Improvement Areas, within 400 m.

What neighbours report to 311

In the last 12 months, 1,098 service requests came from postal area M5G, which includes 505 University Ave. The most common:

City of Toronto 311 Service Requests, October 2025 to October 2026. 311 publishes only the first three characters of the postal code, so this covers the wider postal area. Counts reflect how often people call as well as how often problems happen.

10Risks and environment at 505 University Ave

TRCA mapping is for screening, not site-specific decisions. Lead results are voluntary samples from homes in the postal area, not this address.

11The neighbourhood: Yonge-Bay Corridor

Yonge-Bay Corridor had 12,645 residents in 2021. The median household income was $68,500, lower than the typical Toronto neighbourhood ($85,000). 68% of households rent (typical neighbourhood: 46%). 56% of renters spend 30% or more of their income on housing. 21% of workers commuted by transit and 56% walked or cycled (typical neighbourhood: 26% and 5%). The most common first languages other than English and French are Mandarin (14.7%), Cantonese (5.2%) and Arabic (4.8%). Source: 2021 Census; the next census was taken in 2026.

Rents aren't published for single neighbourhoods. Across central Toronto (the old City of Toronto, before the 1998 amalgamation), a two-bedroom in a purpose-built rental building averaged $2,457 a month in October 2025, up 6% from a year earlier. The Toronto average was $2,055. The vacancy rate was 3.2%. These averages include long-term tenants; new listings usually cost more.

Source: CMHC, Rental Market Survey (October 2025), purpose-built rental apartments, central Toronto (the old City of Toronto, before the 1998 amalgamation). CMHC doesn’t publish rents for single neighbourhoods. Adapted by My Address in Toronto.