55 Yonge Street Condos

55 Yonge St,, Toronto

Address: 55 Yonge St,
City:
State/County:
Zip: M5E 1J3
Country: Canada

Overview

  • Updated On:
  • June 24, 2023

Description

This visually alluring condominium is coming to re-envision downtown Toronto’s eminent skyline.

55 Yonge Street Condos is a new mixed-use condominium development in Toronto. This pre-construction project will sit at 55 Yonge St, by the intersection of Yonge and Wellington in the financial district. This preeminent high-rise will contain an impressive 66 storeys housing 482 residential units, retail and office space.

The units will come in a mix of 40 studio, 249 one-bedroom, 145 two-bedroom and 48 three-bedroom.

 

Amenities

55 Yonge Street Condos is designed to transform the heart of downtown with its uniquely bold designs and features. The architects involved in the construction of this building are the well-revered BDP Quadrangle and Partisans.

This contemporary condo will be a 66-storey tower with distinct and ambitious designs set to bring new heights to the area. Apart from containing 481 residential units, it will also contain 1,300 square metres of retail space, 16,700 square metres of office space, and 1,349 square metres of amenity space.

The condominium will provide top-of-the-line amenities located throughout, to provide its residents with a high quality of life. Residents can find multiple convenient amenities on the ground floor such as a spacious lobby, bicycle storage rooms, bicycle repair stations and ample retail space.

The retail space will be provided on the ground and second floor and the office space will be spread across floors 3-14. This will help integrate the residential condo into the booming financial district – which requires more office space.

On the 15th floor, the facade of the building becomes an open trellis and angles over the outdoor terraces, creating a seamless transition from the podium to the tower. Here, residents will be able to access world-class amenities including a pool, pool lounge, event spaces continuous with a chef-kitchen, change rooms and a spacious dining room to hold large dinners. In total, the condominium will contain 1,349 of indoor amenity and 738 of outdoor amenity space.

Then, the remaining 52-storeys of residential units sit on top. The building as a whole has been designed to improve the pedestrian realm and invite passerbys in at street level with a well-lit commercial lobby and 2-levels of retail space.

The overall shape of the tower takes on a whimsical design as it transitions between podium and tower. The curvature is softened with a double-height indoor amenity space found in the lattice of the metal façade at level 15. The metal facades are a point of visual interest as they gleam and radiate a luxurious appeal not often seen. One of the most significant features of the condo will be the punched-in, rectangular windows with rounded edges; that run vertically up the tower, providing an ultra-modern never-before-seen design in the downtown core.

 

Location & Neighbourhood

55 Yonge Street Condos will be situated right in the heart of Toronto’s financial district in a bustling city corner. Yonge and Wellington is an incredibly connected intersection with a wealth of transit options, employment opportunities, and dining spots. This address scores an incredible 98/100 walk score and a perfect 100 transit score.

This new development will add to Canada’s finance and banking industries often referred to as Toronto’s Wall Street. The condo provides multiple levels of office space that will help accommodate the influx of employees and employers blowing up the tech sector. Toronto is one of the fastest-growing cities in terms of high-tech employment and the city needs lots of space to fill the growing region.

The financial district is a bustling employment hub known for its high-rises, law firms and the Toronto Stock Exchange. For this reason, the area attracts young singles and professionals looking for the perfect business or investment opportunity. This area ranks among the highest in Toronto for condo resale values, rental rates and real estate appreciation, making it a great neighbourhood to invest in.

Property Id: 16883

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