700 university toronto

Huge tower and new subway entrance could soon transform Toronto intersection

A sky-scraping tower, new height for an existing building, and some striking low-rise buildings — including a rebuilt subway entrance — could soon combine to redefine a corner of Toronto's College and University intersection.

Plans to expand and modernize the swooping Ontario Power Building at the intersection's southwest corner have been in the works since mid-2020. Proposed by developer KingSett Capital, the plan would see the existing 19-storey office tower at 700 University Avenue expanded in practically every direction.

700 university

Looking northwest across University Avenue towards College Street. Rendering by KPMB Architects via submission to City of Toronto.

This includes a five-storey vertical addition up top, a new 56-storey rental tower at the southwest corner of the site, and the redevelopment of the building's sunken courtyard, including a rebuilt entrance and other improvements to Queen's Park subway station.

Yes, that means the popular Tim Hortons location in this sunken courtyard would be a casualty of the redevelopment.

700 university

New glass pavilion and office entrance. Rendering by KPMB Architects via submission to City of Toronto.

Designed by KPMB Architects working with Adamson Associates Architects, the additions and new tower would drastically alter the look of the existing building, known for its concave mirror facade.

A new lobby and retail concourse would occupy a sparkling glass pavilion with wood interiors capped by a green roof. The same glass pavilion design is planned for a redesigned entrance to Queen's Park subway station below.

The residential component would stretch almost 196 metres above Orde Street on a small triangular footprint at the site's southwest corner.

700 university

New residential entrance planned on Orde Street. Rendering by KPMB Architects via submission to City of Toronto.

This could bring a massive boost in residential space to the north end of Hospital Row, proposing 475 purpose-built rental units in a mix of 90 studios, 195 one-bedrooms, 138 two-bedrooms, and 52 three-bedroom units.

Some neighbours, especially those in shorter buildings to the west, are likely not pleased by the towering proposal that now threatens to cast them in shadows, though there are a handful of policies supporting this type of development.

The Provincial Policy Statement, the Growth Plan for the Greater Golden Horseshoe, and the City of Toronto Official Plan all promote intensification in areas well-served by transit.

These policies and the site’s position at the intersection of a subway and streetcar line put the project on good footing to gain approval.

Lead photo by

KPMB Architects

Latest Videos

Join the conversation Load comments

Latest in Real Estate

This stunning $2.6 million Victorian house is on one of Toronto's most historic streets

This epic modern beach house in Toronto just dropped its price by $500K

Architects come up with bold vision for 105-storey wood skyscraper in Toronto

This $28 million Toronto mansion was designed by a leading mid-century visionary

A row of 6 Toronto buildings with shops and restaurants is now for sale for $16.5 million

Elton John buys penthouse in one of Toronto's most anticipated condos

This $5 million dream estate north of Toronto was built out of an 1850s timber barn

Two-bedroom basement apartment in Toronto going for a wild $5k a month in rent