405 Sherbourne Street - Zoning By-law Amendment - Decision Report - Approval

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The decision

2026-02-04 · Toronto City Council · amended

As filed

City Council on February 4, 2026, adopted the following: 1. City Council repeal By-law 450-2022 and amend By-law 569-2013 for the lands municipally known as 405 Sherbourne Street substantially in accordance with the draft Zoning By-law Amendment, included as Attachment 1 to the supplementary report (February 2, 2026) from the Executive Director, Development Review. 2. City Council determine that pursuant to Subsection 34(17) of the Planning Act that no further notice is required in respect of Part 1 above.

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3. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft Zoning By-law Amendment as may be required. 4. City Council authorize the Executive Director, Development Review to enter into an Agreement pursuant to subsection 35.2(2) of the Planning Act and the City's Inclusionary Zoning By-law on terms satisfactory to the Chief Planner and Executive Director, City Planning and in a form acceptable to the City Solicitor.

On the agenda

As the city filed it

This report recommends approval of a City-initiated Zoning By-law Amendment to permit a 35-storey (120 metres, excluding mechanical penthouse) mixed-use building at 405 Sherbourne Street. This City-owned property has a Site-Specific Zoning By-law (By-law 450-2022) which permits a 26-storey (77-metre) mixed-use building with 267 rental dwelling units and 168 square metres of community space. This new proposal includes 301 residential units (including up to 90 affordable housing units) and 229 square metres of community space on the ground floor.

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It provides a higher percentage of two and three-bedroom units over the previously approved zoning and an enhanced public realm that includes a landscaped mid-block pedestrian connection between Sherbourne Street and Bleecker Street. This Toronto Builds site will remain in City ownership and will be leased to a non-profit housing provider for a term of 40-99 years. A separate report from Heritage Planning regarding the alterations to a Heritage Property Designated under Part V of the Ontario Heritage Act will be considered by City Council in conjunction with this report.

Staff recommended

The Executive Director, Development Review recommends that: 1. City Council amend City of Toronto Zoning By-law 569-2013 for the lands municipally known as 405 Sherbourne Street substantially in accordance with the draft Zoning By-law Amendment, which includes a Holding Provision, 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.

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3. City Council authorize the Executive Director, Development Review to enter into an Agreement pursuant to subsection 35.2(2) of the Planning Act and the City's Inclusionary Zoning Bylaw on terms satisfactory to the Chief Planner and Executive Director, City Planning and in a form acceptable to the City Solicitor.

Considered

2026-01-22 · Planning and Housing Committee · adopted
Decision as filed
The Planning and Housing Committee recommends that: 1. City Council amend City of Toronto Zoning By-law 569-2013 for the lands municipally known as 405 Sherbourne Street substantially in accordance with the draft Zoning By-law Amendment, which includes a Holding Provision, included as Attachment 5 to the report (January 8, 2026) from the Executive Director, Development Review. 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.
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3. City Council authorize the Executive Director, Development Review to enter into an Agreement pursuant to subsection 35.2(2) of the Planning Act and the City's Inclusionary Zoning Bylaw on terms satisfactory to the Chief Planner and Executive Director, City Planning and in a form acceptable to the City Solicitor.
Clerk’s note
The Planning and Housing Committee held a Statutory Public Meeting on January 22, 2026 and notice was given in accordance with the Planning Act.
2026-02-04 · Toronto City Council · amended

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