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Developers move forward with long-discussed plan to build downtown Toronto high-rises

Dream and CentreCourt have joined forces to build 1,226 multifamily units in a twin-towered project at 49 Ontario St. that will include a significant affordable housing component
The project would see a pair of towers built at 49 Ontario in downtown Toronto. (B+H Architects)
The project would see a pair of towers built at 49 Ontario in downtown Toronto. (B+H Architects)
CoStar News
August 14, 2025 | 9:10 P.M.

Dream Unlimited is partnering with Toronto-based real estate development firm CentreCourt Developments to build a downtown residential complex that has been in the permitting process for many years.

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