City of Toronto ModernTO program advances through Toronto Metropolitan University purchase of two CreateTO sites

2023 June 12

On behalf of the City of Toronto, CreateTO has finalized an agreement to sell the City-owned properties at 277 Victoria St. and 38 Dundas St. E. to Toronto Metropolitan University (TMU).

This sale follows Toronto City Council’s April 2022 direction to unlock the potential of City-owned office assets suitable for repurposing or redevelopment as part of the ModernTO Workplace Modernization program. This sale will generate funding that can be directed to the City’s city-building priorities, like new affordable housing, while also benefiting TMU and its long-term growth plans.

The building at 277 Victoria St., located northeast of Yonge-Dundas Square, is the current office of Toronto Public Health (TPH). TPH administrative offices will be relocated over the next 24 months to one of the City’s core civic centre hubs.

TPH also delivers several clinical services from the 277 Victoria St. location, including a dental clinic and The Works, which provides supervised consumption and harm reduction services and injectable opioid antagonist therapy (iOAT). CreateTO, in partnership with TPH leadership and their partners, will continue to support the relocation of these critical services over the next two years to ensure continuity of care and minimize the impact on residents and TPH clients.

The ModernTO program was created at the direction of Council in October 2019. The program is a first-of-its-kind city-building opportunity that is concurrently modernizing the City’s administrative spaces, reducing government spending and strategically using the City’s unlocked office assets.

ModernTO will reduce the City’s office footprint from 55 locations to approximately 15 by ending leases and creating office hubs within key civic buildings, including City Hall, Metro Hall and the Civic Centres in Scarborough, North York and Etobicoke, among other initiatives.

The program is also unlocking eight high-value City-owned properties with the potential for repurposing or redevelopment, allowing the City to generate dollars that can be directed toward priority city-building opportunities like affordable housing.