64-storey building
505 University Ave · Yonge-Bay Corridor · Ward 11 University-Rosedale
A request to change the Official Plan and zoning to allow a 64-storey building, with 704 homes. It was submitted in February 2024. The Ontario Land Tribunal approved it.
City file 24 118172 STE 11 OZ · Data as of Nov 13, 2026 · Every item lists its source
- SubmittedFeb 23, 2024
- DecisionApproved by the Ontario Land Tribunal
- ThenSite plan and building permit
01Outcome
This application is decided, so no more comments are taken on it.
What happens next: Before construction can start, the building needs site plan approval and a building permit. Neither has been filed in the City’s data yet. When they are, they’re added to the process bar above, the timeline and City files and documents.
The City’s data shows the decision but not its date.02What was proposed
One 64-storey building with 704 homes.
- Homes
- 704
- Height
- 64 storeys
- What it needed
- Changes to the Official Plan and zoning (rules for what can be built where)
The applicant’s description
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 the same development has also previously been submitted and is under Appeal.From the City’s development applications data, as written.
03Timeline
- Feb 23, 2024Application submitted to the City.
- —Approved by the Ontario Land Tribunal. Date not in the City’s data.
04City files and documents
| Type | File | Status | |
|---|---|---|---|
| Official Plan and rezoning | File 24 118172 STE 11 OZ | Approved | Documents and reports on the City’s site |
| Site plan | File 22 198151 STE 11 SA | In progress | See its page |
Plans, studies and staff reports and the decision are on the City’s Application Information Centre. We link to them rather than copy them.
05Nearby applications
The red dot is this application. The circle shows 400 metres, about a 5-minute walk.
- 1
- 2
- 364-storey building with shops (579 homes)522 University Ave · about 110 m
City planners are reviewing it
- 441-storey building with shops (135 homes)191 Dundas St W · about 140 m
City planners are reviewing it
- 5
- 6
06Quick answers about this application
What is proposed at 505 University Ave?
One 64-storey building with 704 homes, 64 storeys, under City file 24 118172 STE 11 OZ. Source: Development Applications, as of Nov 13, 2026.
Was the 505 University Ave development approved?
Yes. Approved by the Ontario Land Tribunal. Source: Development Applications, as of Nov 13, 2026.
When will it be built?
No date yet. It still needs site plan approval and a building permit, and none had been issued as of Nov 13, 2026. Source: Development Applications and Building Permits.
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.