1684, 1698, 1700 and 1702 Queen Street East - Official Plan and Zoning By-law Amendment - Decision Report - Approval

3. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft Official Plan Amendment and draft Zoning By-law Amendment as may be required. 4. City Council allow the Owner of 1684, 1698, 1700 and 1702 Queen Street East Avenue to design, construct, finish, provide and maintain 3 affordable rental housing units as part of the development, to the satisfaction of the Chief Planner and Executive Director, City Planning, and Executive Director, Housing Secretariat as an in-kind contribution pursuant to subsection 37(6) of the Planning Act in accordance with the following terms (the "in-kind contribution"): a. the in-kind contribution shall be comprised of 2 studio units, and 1 one-bedroom unit (the "Affordable Rental Housing Units"); b. the minimum unit size of the Affordable Rental Housing Units must be no less than the minimum unit sizes of all market units, by unit type, of the proposed development; c. the general configuration, location and layout of the Affordable Rental Housing Units in the development must be to the satisfaction of the Chief Planner and Executive Director, City Planning; d. tenants of the Affordable Rental Housing Units must be provided with access to, and use of all indoor and outdoor amenities in the development on the same terms and conditions as any other resident of the building without the need to pre-book or pay a fee, unless specifically required as a customary practice for private bookings; e. all Affordable Rental Housing Units will be provided with ensuite laundry facilities and central air conditioning at no extra charge; f. tenants of the Affordable Rental Housing Units will be provided with access to long-term and short-term bicycle parking and visitor bicycle parking in accordance with the Zoning By-law, and on the same basis as other units within the development; g. the initial rent (inclusive of utilities) charged to first tenants and upon turnover of the Affordable Rental Housing Units must not exceed Affordable Rent as defined in the Official Plan for a minimum 40-year period, beginning with the date each such unit is first occupied (the "Affordability Period"). During the Affordability Period, increases to initial rents charged to tenants occupying any of the Affordable Rental Housing Units must be in accordance with the Residential Tenancies Act and must not exceed the Provincial rent guideline, regardless of whether the Provincial rent guideline applies to the Affordable Rental Housing Units under the Residential Tenancies Act; h. the Owner must provide and maintain the Affordable Rental Housing Units as rental dwelling units at the rents identified in Part 4.g. above for the duration of the Affordability Period; the Affordable Rental Housing Units must not be registered as a condominium or any other form of ownership, such as life lease or co-ownership, which provide a right to exclusive possession of a dwelling unit, and no application for conversion for non-rental housing purposes, or application to demolish any Affordable Rental Housing Unit will be made for the duration of the Affordability Period; and upon the expiration of the Affordability Period, the owner must continue to provide and maintain the Affordable Rental Housing Units as rental dwelling units, unless and until such time as the owner has applied for and obtained all approvals necessary to do otherwise; i. the Owner will use the City's Centralized Affordable Housing Access System or a non-profit referral agency satisfactory to the Executive Director, Housing Secretariat to advertise and select tenants for the Affordable Rental Housing Units, provided it is in place, unless otherwise agreed to by the Executive Director, Housing Secretariat; and at least 6 months in advance of any Affordable Rental Housing Unit being made available for rent, the owner must develop and implement an Access Plan which will outline how the Affordable Rental Housing Units will be rented to eligible households in consultation with, and to the satisfaction of, the Executive Director, Housing Secretariat; and j. the Affordable Rental Housing Units must be made ready and available for occupancy no later than the date by which seventy percent (70 percent) of the new dwelling units in the proposed development erected on the site are available and ready for occupancy. 5. City Council attribute a value to the in-kind contribution set out in Part 4 above, equal to 100 percent of four (4) percent of the value of the land (net of any exclusions or exemptions authorized under the Community Benefits Charge By-law), as determined the day before the day the first building permit is issued in respect of the development. 6. City Council authorize the Executive Director, Development Review to enter into an Agreement pursuant to Subsection 37(7.1) of the Planning Act (the "in-kind Contribution Agreement") to address the provision of the in-kind contribution identified in Part 4 above, to the satisfaction of the Executive Director, Development Review and the City Solicitor, with such Agreement to be registered on the title to 1684, 1698, 1700 and 1702 Queen Street East. 7. City Council request the Executive Director, Development Review and the General Manager, Transportation Services to work with the owner of 1684-1702 Queen Street East through the Site Plan Control process to achieve additional parking on the site. 8. City Council request the General Manager, Transportation Services to exclude the development to be located at 1684, 1698, 1700 and 1702 Queen Street East from on-street permit parking if on-street parking on Orchard Park Boulevard and make any required amendments to Schedule B of Chapter 925, Permit Parking, of the City of Toronto Municipal Code, and that the public notice requirement under §925-5(S) for the exclusion of said permit parking be waived. 9. City Council request the Chief Planner and Executive Director, City Planning and the Executive Director, Development Review to work with the owner of 1684-1702 Queen Street East to submit the development plans for the consideration of the City's Design Review Panel.