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A Zoning By-law Amendment application has been submitted to the City of Toronto for a primarily residential tower at 500 Dundas Street East. At the northeast corner of Dundas Street East and Regent Street, a 35-storey mixed-use rental building dubbed M1 Regent Park is proposed by The Daniels Corporation and Toronto Community Housing Corporation. Designed by Diamond Schmitt Architects, the development would include 65 affordable homes within walking distance of Ontario Line 3’s future Moss Park station.
The site lies a block east of Parliament Street. The rectangular parcel is currently occupied by a single-storey Regent Park presentation centre and a surface parking lot. Located within the Downtown and Regent Park Secondary Plan areas, the site is location on a mixed-use corridor lined with shops, services, and community amenities, while Apartment Neighbourhoods extend to the north and south.
The proposal builds on planning work initiated through a pre-application consultation completed in May, 2023, followed by a Design Review Panel session in July of that year. The site forms part of the long-running Regent Park revitalization, which has transformed the area over the past two decades through phased redevelopment, introducing a mix of building types, uses, and tenures.
The 35-storey building would rise to 120.97m from a 5-storey podium. The building would have a Gross Floor Area of 28,151m², including 27,905m² dedicated to residential uses and 246m² of retail space at grade, resulting in a Floor Space Index of 11.02 times coverage of the 2,555m² site. The tower floor-plate would be approximately 800m², with a 26.2m corner-to-corner separation distance from a nearby 23-storey building to the northeast.
A total of 413 purpose-built rental units are proposed for the seventh storey upwards, comprising 348 market-rate units and 65 affordable units. The unit mix would include 37 studios, 237 one-bedroom units, 95 two-bedroom units, and 44 three-bedroom units. The market suites would be served by three elevators, equating to one elevator per 138 units, with high-speed motors required for adequate response times when all three elevators are operating. Amenity space would consist of 620m² of indoor space and 443² outdoors, located on the sixth floor.
The affordable units would have its own entrance and dedicated amenity areas. The 65 units on floors 2 though 5 (8 studios, 34 one-bedrooms, 8 two-bedrooms, and 15 three-bedrooms), would be served by 2 elevators, indicating quick response times. Amenity space would consist of 210m² of indoor space and 185² outdoors, located on the second floor.
Within two levels of underground garage, the development would provide 89 residential parking spaces, with no visitor or retail parking proposed. A total of 228 bicycle parking spaces are planned, including 42 short-term and 186 long-term spaces.
The 505 Dundas streetcar has stops located roughly 150m west at Parliament Street. Looking ahead, the under-construction Ontario Line 3’s Moss Park station will be situated approximately 750m southwest of the site. Cycling infrastructure is also well established in the area, with bike lanes along Dundas Street East and connections via Sackville Street.
Development activity continues to intensify the Regent Park and surrounding area. To the west, a 14-storey building is proposed at 401 Dundas Street East. To the north, several projects are underway, including the 26-storey Regent Park Building 4A. Further north, a 10-storey proposal is planned at 306 Gerrard Street East, alongside Regent Park Buildings 4B and 4C, rising 19 and 39 storeys respectively. These latter buildings form part of Phases 4 and 5 of the Regent Park revitalization, which together envision 13 buildings ranging from 6 to 39 storeys.
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.
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| Related Companies: | Counterpoint Engineering, Diamond Schmitt Architects, Goldberg Group, Gradient Wind Engineers & Scientists, LEA Consulting, The Daniels Corporation |
