Toronto City Council approved zoning for over a dozen housing developments at its March 2026 session (held last week), and the green-lit slate includes four projects that will be rolled out under the new Toronto Builds policy framework, like the highly anticipated revitalization of Swansea Mews.
These projects couldn’t come soon enough. According to Toronto’s housing data hub, 87,551 new homes have been created between January 1, 2022, and January 31, 2026, representing just over 30% of the City’s provincial housing target of 285,000 new homes by 2030.
In the name of upping the ante on density, here’s a closer look at some of the major housing projects advanced by Toronto City Council at last week’s meeting.
Swansea Mews
KPMB Architects, Toronto Community Housing Corporation
The Swansea Mews Toronto Community Housing Corporation (TCHC) community at 21 Windermere Avenue was declared unsafe for habitation back in 2022. Residents of the then-townhome community were then relocated to other TCHC housing as plans for the site’s rehabilitation were devised.
Toronto City Council has now approved TCHC’s Official Plan and Zoning By-law Amendment applications to permit 35- and 20-storey mixed-use buildings with 649 residential units, including 154 rent-geared-to-income rental replacement units. In addition, the site will include new landscaped outdoor space, shared indoor areas for tenant meetings, space for community gatherings and programming, and retail available to both Swansea Mews tenants and the surrounding neighbourhood.
115 Saulter Street South
WW+P Architects and Planners, Cobe, Castlepoint Numa
Castlepoint Numa’s plan to redevelop 115 Saulter Street South in Toronto’s Port Lands with a pair of high-rises dates back to 2024, when 40- and 45-storey buildings were proposed. About a year after that, the plans were revised to reflect heights of 53 and 47 storeys. One of the things both proposal versions had in common was that the towers were shown to be asymmetrical, reminiscent of a nearby industrial smokestack.
The now-approved Official Plan and Zoning By-law Amendment applications permits 51- and 47-storey towers with 1,030 market condo units between them, as well as space reserved for Production, Interactive, and Creative (PIC) uses. The proposal is in line with the broader transformation of the McCleary District into a dense and transit-oriented mixed-use community and employment hub (a charge that is being led by the City’s housing agency, CreateTO).
150 Queens Wharf Road
Karakusevic Carson Architects, Toronto Community Housing Corporation
Plans for 150 Queens Wharf Road have been in limbo since 2007, when the development block the address is situated in was transferred to TCHC. In 2020, the site was recommended for the City’s Housing Now initiative, and in 2023, it was identified as one of the first sites that would be advanced through the City’s newfangled public developer model.
TCHC’s now-approved Zoning Bylaw Amendment application permits the development of a 37-storey mixed-used building with 268 rental dwelling units — including up to 80 affordable units — on the site. The plans also include a new EarlyON Centre with programmable outdoor space, and an east-west pedestrian connection linking Queens Wharf Road to the future Lower Garrison Creek Park. A Site Plan Amendment application was submitted to the City in mid-March.
2256 Lake Shore Boulevard West
In September 2022, Official Plan and Zoning By-law Amendment applications were submitted to the City on behalf of a numbered company for 2256 Lake Shore Boulevard West in the Mimico neighbourhood of Toronto. At that time, the plans called for the demolition of a self-storage building in favour of 35- and 18-storey towers with 594 condo units between.
Since that time, the plans have been adjusted slightly, with the now-approved rendition calling for a 37- and 10-storey mixed-use development with 575 units. In addition, the proposal includes an on-site expansion of Flora Voisey Park at 2256 Lake Shore Boulevard West.
567 Sheppard Avenue East
BDP Quadrangle, Tridel
Official Plan Amendment and Zoning By-law Amendment applications for 567 Sheppard Avenue East were submitted to the City back in April 2024 by Tridel and the YMCA of Greater Toronto. As that partnership would suggest, the plans for the site included two 48-storey towers with 1,115 residential units between them, as well as a brand-new and state-of-the-art YMCA building.
In addition, the proposal calls for an on-site parkland dedication that would supplement the existing Kenaston Gardens Parkette, and a Privately Owned Publicly Accessible Space (POPS). On the whole, the development is designed to benefit from the site’s proximity to Bayview Station on the Sheppard TTC line, which is directly adjacent.
56-60 Yonge Street
AS + GG Architecture
Plans to demolish a 12-storey office building at 60 Yonge Street in favour of a 65-storey tower were made more complicated by the neighbouring Hotel Victoria building at 56 Yonge Street, which is heritage-protected. A development application submitted to the City in 2025 described the proposed tower with a 10th-floor cantilever over the hotel, meaning that the developer would require air rights from the owners of Hotel Victoria: QuadReal Property Group.
But any kinks appear to have been ironed out, and the Official Plan and Zoning By-law Amendment applications approved by City Council in March permit the 65-storey tower, 648 residential units, ground-floor commercial space along Yonge Street, and the retention of the neighbouring hotel.
