Answer from CreateTO: There are 3 parts to this answer:
- Developments in private ownership that contain heritage resources are subject to conditions under the Ontario Heritage Act, the Planning Act, and sometimes a municipal heritage easement agreement, in addition to the provision of a letter of credit equal to the amount of the secured conservation. Commitments are also regularly referenced in other legal instruments (e.g. Section 37 agreements) and reference/drawings within the actual Zoning-By-law may be appropriate.
- Properties in municipal ownership are subject to designation and alteration conditions.
- Properties in provincial ownership are subject to internal provincial processes, standards, and guidelines, but are not required to obtain any municipal approvals or enter into any legal agreements.