WD
175 WYNFORD DRIVE AN ICONIC, MULTI TOWER DEVELOPMENT OPPORTUNITY
ABOUT THE DEVELOPMENT The OLT settlement approvals allow for the redevelopment of the Site into an exceptional four-tower development with heights from 49 to 54 storeys atop a 5- and 6-storey podium comprised of hotel, retail, community uses and a daycare. As per the approved ZBLA, the total maximum GFA permitted on the Site is 1,841,559 sq. ft. (171,086 sq. m.), of which a maximum of 1,636,114 sq. ft. (151,324 sq. m.) may be used for residential. As part of the approvals, there is no maximum residential unit count, although based on the current proposed plans the entire development allows for 2,497 residential units to be built. In addition, the Site allows for a 125-suite hotel located within Tower 1. There will also be 6,135 sq. ft. (570 sq. m.) daycare located in podium of Tower 3 and 4. As part of the development, there will be four levels of underground parking to accommodate all parking requirements for the hotel, residents, visitors and retail, including the daycare on-site. As per the ZBLA, a minimum of 431 spaces for residents and resident visitors, 22 spaces for the hotel and retail and 1 parking space for community/day care space shall be provided. The Site is exceptionally well-located close to Wynford Station on the Eglinton Crosstown and with convenient access to the abundance of recreational amenities and parks surrounding the development, including the Don Valley Trail network that is located directly east allowing future residents and visitors ample greenspace. As such, the Site represents a landmark opportunity for an approved multi-tower development with zoning in place for just over 1,840,000 sq. ft. of density to be built. APPLICATION STATUS Initial ZBLA was submitted in September 2020 to allow for the entire Site to be redeveloped and a subsequent revised application was then filed in June 2021. Working with the City of Toronto, the revised application was further modified, resulting in the current plans that were presented at the settlement hearing in May 2023, which the OLT approved with conditions. Please note that a Site Plan application has not been submitted by the vendor. The vendor submitted a Draft Plan of Subdivision application in August 2021 in order to create three new blocks on the Site in addition to a new street off Wynford Drive. Please note that the vendor has withdrawn the Draft Plan of Subdivision application as of 2023, as the current proposal does not include the dedication of a public road, but rather the new road into the Site will be private. A 2.62-acre block will be created for the development, in addition to a new 1.8-acre block along the northern portion of the Site dedicated for natural heritage. A new 0.44-acre park block is proposed to be located along the eastern portion of the Site, behind the existing Delmanor Wynford retirement residence, which is proposed to be a privately-owned public space (POPS). Under today’s requirements, the City requires a cash-in-lieu contribution for parkland dedication; however, please note that if the Province brings Bill 23’s parkland dispute provision into force, the POPS area can be requested to be treated as parkland. In addition, the Section 37 or Community Benefits Contribution has not been negotiated yet, however, the OLT settlement speaks to providing daycare space on site to contribute to community benefits.
CONCEPTUAL RENDERING
175 WYNFORD DRIVE, TORONTO // 15
14 // 175 WYNFORD DRIVE, TORONTO
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