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Elysium Investments<\/a>, alongside partners Hepsor SPV I Ltd<\/a> and Oikoi Living<\/a>, have submitted an application to the City of Toronto for the tallest towers yet in the High Park North neighbourhood. Situated within the Major Transit Station Areas (MTSAs) of both High Park and Keele subway stations, the two-tower residential development designed by Teeple Architects would rise to 39 and 41 storeys as one of the larger rental-focused proposals in Toronto\u2019s West End.<\/p>\n The site (outlined in red on the map below) spans 21 through 29 Oakmount Road and 26 through 36 Mountview Avenue<\/a>, a block north of Bloor Street West and just west of Keele Street. An assembly of 11 properties (five fronting Oakmount and six on Mountview), the site is currently occupied by single-detached houses, including 11 rental units. The assembly sits within a dense West End community that includes apartment towers to the north, low-rise houses to the east and south, and mid- to high-rise complexes to the west.<\/p>\n Elysium assembled the Oakmount and Mountview parcels in recent years at a reported cost of $89 million. Weston Consulting<\/a> has now submitted Official Plan and Zoning By-law Amendment applications to the City of Toronto on behalf of the developers.\u00a0<\/p>\n The plan calls for east and west towers rising to 137.6m and 144.6m above a shared six-storey podium. Together, the buildings would deliver 873 purpose-built rental units, of which 861 are market-rate and 12 are secured as affordable replacements. The residential mix spans 172 studios, 317 one-bedrooms, 288 two-bedrooms, and 96 three-bedrooms. Each tower would be served by four elevators, yielding a ratio of about one elevator for every 109 units, indicating high speed motors would be necessary for prompt service.\u00a0<\/p>\n The development represents a total Gross Floor Area of 61,378m\u00b2, translating to a Floor Space Index of 12.25 times coverage of the 5,010m\u00b2 assembly. A POPS (Privately-Owned Publicly-accessible Space) is planned along the south edge of the property, creating a mid-block pedestrian connection between Oakmount and Mountview. Amenity space would be divided between 1,786m\u00b2 indoors and 1,770m\u00b2 outdoors, planned across the ground, seventh, and eighth floors.<\/p>\n Two levels of underground parking are proposed, accommodating 68 vehicular parking spaces for residents and 10 for visitors. Bicycle storage entails 433 long-term, 104 short-term, and 23 oversized long-term stalls.\u00a0<\/p>\n The site is located about 350m, or a five-minute walk, from Keele Station and 550m from High Park Station on Bloor Line 2. The Bloor GO\/UP Express station are within a 12-minute walk to the east. Multiple TTC bus routes also operate from both Keele and High Park stations. Dedicated bike lanes line Bloor Street West, forming a continuous east-west cycling corridor, although they are currently threatened by the Province. The bike lanes are complemented by on-street connections via High Park Avenue and multi-use trails through High Park itself.<\/p>\n The proposal adds to significant intensification planned for the area, with some Tower-in-the-Park infill buildings already having been completed recently. To the northwest, projects include the 11-storey 299 Glenlake<\/a> and a 30-storey tower at 111 Pacific Avenue<\/a>. To the west, 1930\u20131938 Bloor West<\/a> is slated for 19 storeys, while High Park Village<\/a> envisions three towers ranging from 11 to 35 storeys. East of the site, construction is underway on the 13-storey Westbend Residences<\/a>, while proposals at 1728<\/a> and 1730 Bloor West<\/a> call for towers of 19 and 25 storeys.<\/p>\n UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you’d like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.<\/p>\n * * *<\/p>\n UrbanToronto has a research service, UTPro<\/a>, that provides comprehensive data on development projects in the Greater Golden Horseshoe \u2014 from proposal through to completion. We also offer Instant Reports<\/a>, downloadable snapshots based on location, and a daily subscription newsletter, New Development Insider<\/a>, that tracks projects from initial application.\u200b\u200b\u200b<\/p>\n <\/imgx><\/imgx><\/imgx><\/imgx><\/imgx><\/imgx><\/div>\n