People walking near 931 Yonge Street

931 Yonge Street

People walking near 931 Yonge Street
931 Yonge Street is proposed to be repurposed as a mixed-income, mixed-use, high-rise development that will accommodate 250 new homes, including affordable ownership housing, with enhanced public realm opportunities.

Project Details

Type
Mixed Use, Affordable Housing, Transit-Oriented Development, Housing, and Residential
Ward
University-Rosedale
Councillor
Dianne Saxe
Current Phase
Pre-development
Current Use
Toronto Community Housing head office
Major Intersection
Yonge Street and Aylmer Avenue
Site Area
0.2 acres
Proposed Use
Affordable ownership housing and public realm improvements are among the objectives included in the preliminary vision for this City-owned site on Yonge Street.
Surrounding Use
Consists of Budd Sugarman Park to the north, Severn Creek to the east and retail to the south and west.
Type
Mixed Use, Affordable Housing, Transit-Oriented Development, Housing, and Residential
Ward
University-Rosedale
Councillor
Dianne Saxe
Current Phase
Pre-development
Current Use
Toronto Community Housing head office
Major Intersection
Yonge Street and Aylmer Avenue
Site Area
0.2 acres
Proposed Use
Affordable ownership housing and public realm improvements are among the objectives included in the preliminary vision for this City-owned site on Yonge Street.
Surrounding Use
Consists of Budd Sugarman Park to the north, Severn Creek to the east and retail to the south and west.
Pre-development
2021
Development Concept
2022
Market Offering
2025
Delivery and Construction
2027
Completed
2029

Project Overview

Located in the Rosedale neighbourhood adjacent to Budd Sugarman and Severn Creek parks, 931 Yonge Street is one of eight high-value City-owned sites selected through the ModernTO program for city-building purposes. ModernTO is designed to modernize the City’s office portfolio, reduce the City’s office footprint, and free up underutilized properties for city-building purposes.

This property is proposed to be repurposed as a mixed-income, mixed-use, 32-storey high-rise development that will accommodate 250 new homes, including affordable ownership housing, and enhanced public realm opportunities, while fostering sustainability. By unlocking this space, we are able to engage with the community to hear their needs and feedback and work to make the area more liveable and inclusive for its surrounding community. CreateTO and the City of Toronto held several community engagement activities in 2022 and 2023.

The site at 931 Yonge Street currently houses the head office for the Toronto Community Housing Corporation (TCHC).

Economic Development