429 walmer road toronto

Futuristic condo tower to completely transform Toronto street

A developer has plans to replace a Toronto long-term care home with a stunning new condominium development, but architecture fans might have to wait a while to see this one become a reality.

The recent application from developer Stafford aims to replace an existing six-storey building at 429 Walmer Road — currently occupied by the Cedarvale Terrace Long Term Care (LTC) Home — with a striking 19-storey condo tower.

But just not any time soon.

The LTC is under a long-term lease and, despite the development applications, the proposal (if approved) would not be carried out until the province elects to transition the existing facility.

In place of the current building, the 18,450-square-metre tower would rise approximately 76 metres in height with a design from architects IBI Group.

429 walmer road toronto

A honeycomb-like pattern of precast concrete sets the proposal apart from typical new-build condos in the city, while playing off of the futuristic vibes of the modernist apartment complex across Walmer to the west.

429 walmer road toronto

Aside from a 200-square-metre retail space in its ground floor, the building's floor area is proposed entirely as residential and supporting amenity space.

Just 87 condominium units are proposed, including 28 one-bedrooms, 37 two-bedrooms, and 22 three-bedroom units.

429 walmer road toronto

Based on factors like its majority count of multi-bedroom suites, location in an affluent area of the city, limited unit count, and flashy design, it's safe to say that this project will cater to higher-end condo buyers.

The timing of the proposal's submission coincides with a flood of development applications appearing in anticipation of the city implementing its new inclusionary zoning policy.

A similar rush of applications occurred in 2021 in the weeks leading up to council's approval of the controversial policy.

Photos by

IBI Group


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Real Estate

$4.5 million Toronto home looks like it was built in Minecraft

This $5 million Toronto home was designed by the same person who did Casa Loma

Toronto condo project goes into receivership leaving buyers in the dark

People looking to escape Toronto prices most likely to move to this cheap Ontario city

These Toronto condos have added an enormous maple leaf pattern to the skyline

Toronto's embattled 91-storey megatower to be sold for $1.2B amid financial woes

Here's how this 1906 Toronto house was transformed into a modern showpiece

Toronto building that doesn't even exist yet wins multiple design awards