New development proposal might build 4,086 residential units in Toronto

North York’s Victoria village might get nine new towers in the future with space for 4,086 units and two new parks.

In early July, city planners applied to re-zone some office space to make way for more residential units. Currently, this area is occupied by a commercial office complex tucked in beside the Don Valley Parkway.

The nine proposed towers range from 40-52 storeys and will collectively host 408 studio apartments, 1,779 one-bedrooms, 1,445 two bedrooms and 454 three-bedroom units. If this development gets approved, it’s going to move forward in a few stages. Four towers will be built in the first stage, followed by two more towers and one of the parks. The final three towers and the park that sits between them will be the final section.

All of the buildings will also have underground parking and other amenities for users located on the ground level, plus floors two, three and seven, according to Livabl.

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