Of course. Heaven forbid we get purpose-built rental stock in this city. It should be cut shorter, and converted into luxury condo units, to appease the local councilor and city planning.

The report does cite failure to comply with the tall building guidelines though. In that regard, the applicant should have known better.

This is an old post but I just wanted to comment that the land from Balliol to Davisville and from Yonge to Mount Pleasant is zoned for rental only by the city of Toronto. All of the 9 or so new towers going up there MUST be purpose built rentals, condo ownership is not allowed on this land.
 
A crane is up
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