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Planning application · Site plan

64-storey building

505 University Ave · Yonge-Bay Corridor · Ward 11 University-Rosedale

A request to approve the detailed design of a 64-storey building, with 704 homes. It was submitted in August 2022 and City planners are reviewing it.

City file 22 198151 STE 11 SA · Data as of Nov 13, 2026 · Every item lists its source

Where it is in the process
  1. SubmittedAug 31, 2022
  2. NowCity planners’ review
  3. NextCity decision

01Have your say

No meeting scheduled right now

While City planners review it, you can send comments to the planner named on the City’s application page. Your councillor, Dianne Saxe, can also hear your views.

Follow this application and we’ll email you when a meeting or decision is scheduled.

02What’s proposed

One 64-storey building with 704 homes.

20 storeys40 storeys60 storeys64PROPOSED
Heights in storeys, from the application.
Homes
704
Height
64 storeys
Total floor space
46,683 m²
What it needs
Site plan approval (the City’s review of the detailed design)
The applicant’s description
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 in a total residential gross floor area (GFA) of 46,683 m²., a total of 24,919 m². of office GFA, and a total of 460 m² of retail GFA which results in a total Floor Space Index (FSI) of 21.65, pursuant to GFA calculations under By-law 569-2013.
From the City’s development applications data, as written.

03Timeline

  1. Aug 31, 2022Application submitted to the City.
  2. Feb 23, 2024A related rezoning application is filed: 64-storey building.

04City files and documents

TypeFileStatus
Site planFile 22 198151 STE 11 SAIn progressDocuments and reports on the City’s site
RezoningFile 24 118172 STE 11 OZApprovedSee its page

Plans, studies and staff reports are on the City’s Application Information Centre. We link to them rather than copy them.

05Nearby applications

Dundas StBay StUniversity AveElm StMcCaul StSt Patrick StGrange RdHagerman StMichael Sweet AveSimcoe StEdward StChestnut StCentre AveElizabeth StArmoury St123456Map data: City of Toronto (Toronto Centreline)Dundas StUniversity AveElm StSt Patrick StMcCaul StSimcoe StMichael Sweet AveEdward StChestnut StElizabeth StArmoury StCentre Ave123456Map data: City of Toronto (Toronto Centreline)

The red dot is this application. The circle shows 400 metres, about a 5-minute walk.

  1. 1
    Two towers, up to 72 storeys with shops
    123 Edward St · about 100 m

    City planners are reviewing it

  2. 2
    64-storey building with shops (579 homes)
    522 University Ave · about 110 m

    City planners are reviewing it

  3. 3
    41-storey building with shops (135 homes)
    191 Dundas St W · about 140 m

    City planners are reviewing it

  4. 4
    Subdivision
    250 Dundas St W · about 190 m

    City planners are reviewing it

  5. 5
    Split the lot
    123 Edward St · about 220 m

    Hearing scheduled: hearing Sat, Oct 2

  6. 6
    Site plan (515 homes)
    100 Edward St · about 250 m

    Appealed to the Ontario Land Tribunal

All applications in progress in Ward 11

06Quick answers about this application

What is proposed at 505 University Ave?

One 64-storey building with 704 homes, 64 storeys, under City file 22 198151 STE 11 SA. Source: Development Applications, as of Nov 13, 2026.

Has the 505 University Ave development been approved?

Not yet. City planners are reviewing it. Source: Development Applications, as of Nov 13, 2026.

Can I comment on it?

Yes. Send comments to the City planner named on the City’s application page before a decision. Follow the application to hear about meetings. Source: Development Applications and Public Notices, as of Nov 13, 2026.

Who is the councillor for 505 University Ave?

Dianne Saxe, Ward 11 University-Rosedale. Source: City Wards and Councillors, as of Nov 13, 2026.

Sources: City of Toronto Development Applications, Committee of Adjustment Applications, Public Notices and Building Permits (Open Data, updated nightly). Not legal advice. Something wrong? Tell us.

505 University Ave development: 64-storey building (under review) · My Address in Toronto