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Downtown Toronto Rental Apartment Building at Risk of Demolition for Proposed Condo Tower

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The Nation Post

A serene downtown Toronto street might soon witness the demise of a rental apartment building to make way for an impressive condominium tower, as demolitions seem to be rather commonplace in this town.

The developer, KingSett Capital, has submitted a new development application that could end a nine-storey apartment building with 80 rental units located at 135 Isabella Street, between Jarvis and Sherbourne Streets.

The proposed condo tower, designed by architects BDP Quadrangle, is monumental, soaring to a height of 69 storeys. With an impressive overall elevation of 234.97 meters, it would rank as the tenth-tallest building in Toronto if constructed today, narrowly surpassing the east tower of the notorious ICE Condos complex.

The development plan allocates the entire floor area to residential space, spanning 52,546 square meters. It calls for 690 condominium units and intends to replace the existing rental units in compliance with the City’s rental replacement policy, thus retaining 80 rental units within the new complex.

The application joins a growing list of high-rise proposals on what is shaping to be one of Toronto’s fastest-changing streets. High-profile projects for this stretch include recent proposals at 7-9 Isabella, 16 Isabella, 88 Isabella, and 90-94 Isabella.

The image below shows the future building

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