At its February 8, 2017 Board Meeting, TDSB declared Buttonwood Public School surplus for sale and referred the property to the Toronto Lands Corporation to complete a transaction. On July 13, 2017 TLC circulated the property to bodies having a first right of offer in accordance with Regulation 444/98 of the Education Act. Interested parties were required to submit an initial expression of interest on or before May 25, 2017 in order to meet the 90 day regulatory deadline.
Buttonwood Public School is located at 100 Allanhurst Drive. The single storey 30,555 square foot building constructed in 1964 is located on 6 acres of land in the vicinity of Royal York Road and Eglinton Avenue. It has a rated capacity of 371 pupils.
TLC received one expression of interest before the stipulated 90 day deadline and has finalized a conditional agreement of purchase and sale with another public school board. If a firm agreement is reached, closing of the sale will likely occur within 3-6 months.