Groundbreak.

CreateTO selects MOD and Montez for 36-storey 931 Yonge rental tower

CreateTO has selected MOD Developments and Montez Corporation to redevelop 931 Yonge Street with a 36-storey, 272-unit rental tower, including 90 affordable units.

Site of 36-Storey Rental Tower at 931 Yonge at 931 Yonge Street, Toronto, ON
Site of 36-Storey Rental Tower at 931 Yonge at 931 Yonge Street, Toronto, ONSatellite imagery © Mapbox, © Maxar · site map by Groundbreak

CreateTO has selected MOD Developments and Montez Corporation as partners to redevelop City-owned 931 Yonge Street, advancing plans for a 36-storey, 272-unit rental tower at the southeast corner of Yonge Street and Aylmer Avenue. The building is designed by Diamond Schmitt Architects.

The units split between 182 market-rate and 90 affordable, roughly 33 percent of the building. The project falls under the City's Toronto Builds framework for affordable rental housing on public land. The 835 m² site, about 0.2 acres, was formerly the Toronto Community Housing Corporation's head office.

The design was revised up from a previous 33-storey proposal and an earlier 21-storey version, with Diamond Schmitt replacing Zeidler Architecture as architect. Construction is anticipated to begin in 2027.

The site sits less than 150 metres from Rosedale station on Line 1.

Address
931 Yonge Street, Toronto, ON M4W 2H2
Units
272
Floors
36
Sq ft
202,361

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