5455 Balsam St rezoning application

We would like your feedback on a rezoning application at 5455 Balsam St. The proposal is to allow for the addition of a 14-storey infill residential building on this site, with retention of the existing 14-storey residential building including 88 rental residential units. The zoning would change from RM-3 (Multiple Dwelling Residential) District to CD-1 (Comprehensive Development) District. This proposal includes:

• 145 secured rental residential units
• A floor space ratio (FSR) of 3.63
• A gross floor area of 8,537.2 sq. m (91,894 sq. ft.)
• A building height of 39.62 m (130 ft.)
• A total of 142 underground vehicle parking spaces and 312 bicycle parking spaces

The application is being considered under the Secured Rental Policy.

Application drawings and statistics on this webpage are posted as-submitted to the City. Following staff review, the final project statistics are documented within the referral report.