Item - 2020.TE13.4

The Toronto and East York Community Council recommends that:

1. City Council approve the application for a Rental Housing Demolition Permit in accordance with Chapter 667 of the Toronto Municipal Code to allow for the demolition of the 12 existing rental dwelling units located at 507 King Street East, subject to the following conditions:

a. the owner shall provide tenant relocation and assistance to all eligible tenants of the existing rental dwelling units to be demolished, all to the satisfaction of the Chief Planner and Executive Director, City Planning;

b. the owner shall provide tenant relocation and assistance to all eligible tenants of the existing rental dwelling rooms to be demolished, all to the satisfaction of the Chief Planner and Executive Director, City Planning;

c. the owner acknowledges and agrees that, should an Application be submitted to the City to redevelop the subject site for residential use within 15 years of Council's decision of this application, any such future proposal shall be required to provide for the replacement of all 12 existing rental dwellings proposed to be demolished as part on this application, all to the satisfaction of the Chief Planner and Executive Director, City Planning;

d. the owner shall enter into and register on title to the subject site one or more agreement(s) to secure the conditions outlined in recommendation 1. a. b. and c. above, all to the satisfaction of the City Solicitor and the Chief Planner and Executive Director, City Planning, including an agreement pursuant to Section 111 of the City of Toronto Act, 2006.

2. City Council authorize the Chief Planner and Executive Director, City Planning, to issue Preliminary Approval for the Rental Housing Demolition Permit under Chapter 667 of the Toronto Municipal Code for the demolition of the 12 existing rental dwelling units at 507 King Street East after all of the following have occurred:

a. the execution and registration of a Section 111 Agreement pursuant to the City of Toronto Act to secure Recommendation 1 a, b, and c; and

b. the issuance of the first building permit for the proposed renovations or interior alterations to the existing building at 507 King Street East.

3. City Council authorize the Chief Building Official and Executive Director, Toronto Building to issue the Rental Housing Demolition Permit under Chapter 667 of the Toronto Municipal Code after the Chief Planner and Executive Director, City Planning, has given Preliminary Approval referred to in Recommendation 2 above.

4. City Council authorize the appropriate City officials to take such actions as are necessary to implement the recommendations above, including execution of the Section 111 Agreement.

Toronto and East York Community Council held a statutory public meeting on February 5, 2020 and notice was given in accordance with the Planning Act.

This application proposes to demolish 13 residential dwelling units (12 rental dwelling units and 1 owner occupied dwelling unit) located within the existing four-storey industrial building at 507 King Street East. The applicant also proposes to demolish an additional 3 dwelling rooms located within the existing building.

A related Minor Variance application has been submitted for the subject site and proposes to alter the existing four-storey industrial building by constructing a fifth storey addition associated with a proposed rooftop amenity space, undertaking interior renovations and expanding the permitted uses to include office space.

The subject site is zoned I1 D3 pursuant to Zoning By-law 438-86, as amended. This zone category does not permit residential uses. As such, replacement of the existing rental dwelling units and residential Gross Floor Area associated with the existing dwelling rooms is not permissible.

This report reviews and recommends approval of the Rental Housing Demolition Application under Chapter 667 of the Toronto Municipal Code, subject to conditions, which include the provision of Tenant Relocation and Assistance and the obligation to replace the existing rental dwelling units if a Zoning By-law Amendment Application is submitted to the City to permit residential uses on the subject site within 15 years of Council's decision on this application.