Sub Markets

Property Sectors

Topics

Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Ontario  + Multi-residential Housing  | 

Toronto Plans First Public School In Rental-Tower

Toronto is planning its first public elementary school built into the podium of a major purpose-built rental tower.

The JK-to-Grade 8 school would occupy part of the base of a proposed 39-storey tower at 770 Don Mills Rd., a city-owned site north of the former Ontario Science Centre.

The tower is one of three planned for the 5.48-acre Housing Now property. The development would contain 1,254 rental apartments, with one-third designated affordable, plus retail, a public park, new streets and a 62-space non-profit child-care centre.

The site is beside Science Centre Station on the newly opened Line 5 Eglinton and a planned Ontario Line station. The Toronto District School Board expects the transit investment and surrounding development to increase enrolment pressure at nearby schools.

Ontario approved funding for the 564-student school in June, according to CreateTO. A school board representative told the Toronto Star that the school could open in 2033.

Public documents describe a purchase-and-sale structure rather than a lease. The board would acquire the completed school space and own it separately from the rental portion of the tower.

The planned school covers more than 63,000 square feet and requires its own street entrance, elevators, utilities and loading arrangements. Plans also call for a regulation-size gymnasium, exclusive rooftop play space and access to the new public park. These requirements will affect the tower’s structural design, construction sequencing and ongoing building management.

The purchase price, ownership boundaries and financial terms remain confidential. A board business case estimates construction, fit-out, site development and landscaping at about $790 per square foot.

Connect

Inside The Story

About Joel Bowey

Joel Bowey is Director of Content and Events for Connect CRE in Canada, leading the company’s editorial coverage and industry engagement across the Canadian commercial real estate market. He brings more than 20 years of experience in Canadian journalism and digital media, including senior leadership roles with CTV News, CP24 and BNN Bloomberg. Most recently, he served as Senior Managing Editor at Bell Media, overseeing major newsrooms, national coverage and digital growth initiatives. Throughout his career, Joel has led large editorial teams, covered major Canadian business and economic stories, and helped develop new audiences across platforms. At Connect CRE, he is focused on delivering timely, useful reporting on the people, projects, deals and trends shaping commercial real estate in Canada. Based in the Greater Toronto Area, Joel also represents Connect CRE at industry events and conferences across the country.

  • ◦Development