Monthly report · February 2026
Toronto building permits, February 2026
The City of Toronto issued 2,309 building permits in February 2026, −12.3% on January 2026 and +4.6% on February 2025. Between them they cover 221 new homes and $280.7M of declared construction value. Yonge-Bay Corridor took the most permits of any neighbourhood, at 105.
- Permits issued
- 2,309−12.3% on January 2026
- Homes created
- 221net +58 after 163 removed
- Declared construction value
- $280.7Mas filed, not adjusted
- Demolitions
- 69full demolition permits
Where the building happened
| Neighbourhood | Permits | Homes created |
|---|---|---|
| Yonge-Bay Corridor | 105 | 0 |
| The Beaches | 49 | 2 |
| Downtown Yonge East | 47 | 0 |
| Annex | 45 | 0 |
| Mimico-Queensway | 43 | 9 |
| Yonge-Eglinton | 40 | 1 |
| Rosedale-Moore Park | 37 | 1 |
| Etobicoke City Centre | 36 | 0 |
| South Riverdale | 34 | 0 |
| Greenwood-Coxwell | 32 | 1 |
| Junction-Wallace Emerson | 32 | 2 |
| Wexford/Maryvale | 30 | 8 |
| Stonegate-Queensway | 29 | 1 |
| New Toronto | 28 | 3 |
| Caledonia-Fairbank | 28 | 14 |
The 15 busiest of Toronto’s 158 neighbourhoods this month. Permit count and new homes are different questions: Yonge-Bay Corridor led on permits, while Caledonia-Fairbank added the most homes at 14. A permit without a dwelling unit is usually a renovation, a mechanical system or a sign.
What the permits were for
Largest projects by declared value
| Issued | Address | Work | What was filed | Value | Status |
|---|---|---|---|---|---|
| Feb 13, 2026 | 555 University Ave | Interior Alterations | Proposed new interior alterations to levels 9, 10 and 12 of an existing building. Level 9: Interior renovation to establish a new Cardiac Clinic and Diagnostic Unit, including demolition, architectural reconfiguration, and mechanical and electrical upgrades. The work area includes the Burton archite | $26.1M | Open |
| Feb 24, 2026 | 30 Bond St | Interior Alterations | Proposed interior alteration on Level 15 to relocate NICU. Proposed work includes a new air handling unit (AHU) in the roof, complete with service stair and platform. | $18.0M | Open |
| Feb 27, 2026 | 2535 Gerrard St E | Multiple Projects | The proposal for a 1,749 square metre homeless shelter will comprise a renovation of a former warehouse building (currently vacant) and an addition to provide 22 bedsitting rooms, which will accommodate approximately 81 adults of all genders, including couples experiencing homelessness. | $15.0M | Open |
| Feb 6, 2026 | 8150 Sheppard Ave E | Multiple Projects | Revision 02: Revision to permit set drawingsRevision 01: Proposal to south west corner using double wallProposed 3-storey industrial facility addition (3840.04 sq.m) with manufacturing spaces including washrooms, offices, and supporting spaces. Alteration area of approx. 10.80 sq.m. | $10.0M | Closed |
| Feb 11, 2026 | 200 Bay St | Interior Alterations | Proposal to interior alterations for Back to Base. North Tower: Level 6,7,8,14,15,17 , South Tower: Level 15,23,39 | $6.5M | Closed |
| Feb 5, 2026 | 36 Toronto St | Interior Alterations | Proposal for interior alterations to suit new tenant on third floor office space. | $6.0M | Closed |
| Feb 20, 2026 | 121 King St W | Interior Alterations | Construction of new tenant improvement on second floor, and modification of existing tenant improvement on ground floor. | $5.6M | Open |
| Feb 3, 2026 | 7 Brenton St | New Building | Proposal to demolish existing one storey and to construct a new three-storey detached dwelling | $5.0M | New build |
| Feb 5, 2026 | 100 Consilium Pl | Interior Alterations | Proposal for interior alterations to existing office space on the 10th Floor - Hitachi Rail GTS Canada Inc | $4.6M | Open |
| Feb 27, 2026 | 185 The West Mall | Interior Alterations | Proposal to interior alteration of 2 floors - floor 12&11 | $4.5M | Open |
The 10 most expensive permits issued in February 2026, the largest at $26.1M on 555 University Ave. Declared value is the applicant’s own estimate on the form, not a contract price or an assessment.
How to read this, and what it is not
This counts permits the City issued in February 2026, not permits applied for. An issued permit is a decision that has happened, which is what makes the month a real unit. A permit applied for in February 2026 may not be issued for months and will appear in that month instead. Permit counts are not construction: a single build often takes separate building, plumbing, HVAC and drain permits, so 2,309 permits is fewer than 2,309 projects.
31 of this month’s permits were for laneway or garden suites — see the running count. Figures are rebuilt daily from the City’s open data and can revise as the City updates its own records, so a month keeps settling for a while after it ends. Nothing here is hand-entered. Full sources and caveats: method. A year earlier, in February 2025, the City issued 2,207 permits covering 309 homes.
Journalists and researchers are welcome to quote these figures with a link to this page. Underlying data is the City of Toronto’s, under the Open Government Licence.