Login

Rental tower proposed for Toronto's Yonge and Sheppard neighbourhood

Developers pivoting to apartment construction following decline of investor-led condo market
Stafford and DBS Developments have proposed a 48-storey, 524-unit, rental tower near Yonge and Sheppard. (Stafford and DBS Developments)
Stafford and DBS Developments have proposed a 48-storey, 524-unit, rental tower near Yonge and Sheppard. (Stafford and DBS Developments)
CoStar News
June 3, 2026 | 3:27 P.M.

Stafford, a diversified development and asset management firm, and residential developer DBS Developments are proposing to build a 48-storey rental tower in Toronto’s Yonge and Sheppard neighbourhood that would be part of a surge in projects around the country near public transit.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE