This iconic Toronto building will convert it into a largely residential condominium.
69 Yonge Street is a luxurious mid-rise condominium development in downtown Toronto. This pre-construction project is located at 69 Yonge St, near the vibrant corner of Yonge and King Street East close to the Financial District.
The residence will contain 67 deluxe suites with 38 one-bedrooms and 29 two-bedroom units. It will retain its retail uses with the addition of a restaurant.
69 Yonge Street Condos was once the home of Canada’s tallest skyscraper back in the early 1900’s. This redevelopment will retain and repair the existing historical granite and limestone cladding while replacing the existing single-glazed steel-framed windows with new double-glazed metal windows to match the original mullion pattern.
The ground floor and mezzanine levels will continue to be used for retail while the sub-basement level is to be converted from an unused space to a modern restaurant. The main lobby and elevator location at the south side of the building accessed from the main entrance off of Yonge Street will remain as is.
69 Yonge Street Condos contain plenty of amenity space for its future residents to take advantage of. Level 2 will consist of two residential units on the west side of the building, along with a 135 square metre residential amenity space in the northeast corner, contiguous to a 74 square metre outdoor amenity space to the south.
We can expect the interior areas to contain entertainment and lounge areas as well as well-equipped fitness facilities. We also anticipate that the outdoor space will house a landscaped terrace with comfortable seating areas overlooking the vibrant streetscape.
To promote the use of public transit the condo will not provide parking spaces. However, to condone green transit, 68 bicycle parking spaces will be available on the mezzanine level.
We expect the 67 units here to be beautifully designed to keep up with the standard of opulence maintained over the last 100 years. Of course, we can expect to see contemporary designs and modern features to bring this condo to life.
Location & Neighbourhood
69 Yonge Street Condos will sit right in the heart of Toronto, specifically near the bustling Financial District. It will sit in an extremely transit-oriented and connected Toronto intersection. This address scores an incredible 98/100 walk score and a perfect 100 transit score. 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.
Within the area, residents can access a wealth of dining and entertainment options, as well as everyday essentials. Everything you need is at the tip of your fingers as well as some of the best dining options, nightlife and entertainment in the city. Top restaurants in the area include Canoe Restaurant and Bar, Louix Louis, Momofuku, Drake One Fifty and Ruth’s Chris. This redevelopment also sits just minutes from many attractions including Ripley’s Aquarium, CN Tower, Art Gallery of Ontario and close to big event venues such as The Scotiabank Arena and Rogers Centre.