Manga Adds 160 Rental Apartments To Toronto Hotel Development
Manga Hotel Group is adding 160 purpose-built rental apartments to a downtown Toronto hotel development, replacing an approved hotel-only plan with a 30-storey mixed-use tower.
The revised proposal for 689 King St. W. would retain a substantial hospitality component, with 251 hotel suites and a restaurant occupying the first 13 storeys. The rental apartments would fill levels 14 through 30.
It marks a significant change in direction for a property Manga has been pursuing for years.
Toronto city council approved an earlier plan in 2022 for two connected hotel buildings of 18 and 11 storeys. That project called for 269 hotel rooms and no residential component.
The change comes amid a historic shift in Toronto’s housing market. Purpose-built rental starts surpassed condominium starts across the metropolitan area in the first half of 2026 for the first time since 1994, according to CMHC. Rental starts also climbed 82% from a year earlier.
Manga’s revised project would combine short-term hotel revenue with longer-term residential rental income, while reducing the hotel component by 18 rooms.
Manga submitted the application Oct. 1, with the city issuing public notice Nov. 6. The revised development requires new Official Plan and zoning amendments and remains under review.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Recckio Real Estate & Development
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Northgate Real Estate Group
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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