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Under the City of Toronto Act, the Toronto government cannot run a deficit for its annual operating budget. [10] The city's revenues include 33% from property tax, 6% from the land transfer tax, subsidies from the Canadian federal government and the Ontario provincial government , and the rest from other revenues and user fees.
In October 2020, the government issued a set of MZOs aimed at the West Don Lands in Toronto, allowing for towers up to 50 storeys tall to be built without the city's approval. Several Toronto city councillors voiced their disapproval of the orders, with mayor John Tory stating that "I think that is a less than ideal situation, to say the least."
Unlike being "listed", a designation confers a legal status on a property by a specific by-law under the Ontario Heritage Act. [6] Designation gives Toronto City Council the legal authority to refuse any application that would adversely affect the property's heritage attributes.
Changing zoning laws to allow multi-unit properties could open up many cities’ housing supply and create more housing affordability, but in much of the country, progress is slow-going. While ...
The Toronto City Council adopted a zoning by-law amendment on 24 July 2024 to permit the development of Block 1 and 2. [17] As of August 2024, the approval for the development of Blocks 3–5 is undergoing the city's planning process. Construction is expected to begin in 2025 and be completed by 2034.
In an effort to control who his future neighbours would be, Black took over the company that owned the rolling farmland that was to become the Bridle Path, and set restrictions in place through the North York zoning by-law; only single-family dwellings could be built, and only on minimum lot sizes of 2 acres (0.81 ha).
In 2018, the municipal government of Toronto approved a zoning amendment by-law to permit the development of laneway suites on all properties that has a residential designation. [ 3 ] [ 8 ] The amendment was a response to growing concern around affordable housing, and as an effort to promote "gentle densification" by tapping into roughly 2400 ...
Within the City of Toronto's zoning by-laws, commercial residential includes "a range of commercial, residential and institutional uses, as well as parks." [32] Mirvish Village's programmatic uses include rental apartments, a public market, and small-unit retail, [33] while also preserving 23 of 27 heritage houses on site. [34]
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