Another mixed-use development is on its way in Toronto, right by there are flourishing Church & Wellesley neighbourhood and Bloor-Yorkville area. Featuring residential units including rental suites as well as townhome units, the project is ambitious and the perfect addition to the urban city centre.
MOD Development’s newest venture 55C Condos will be comprised of a podium and extensive tower. The project will span 55 and 61-63 Charles Street East.
Boasting design by architects architectsAlliance , the upcoming real estate project will fit in perfectly with the city’s stellar collection of luxury buildings. However, it will set itself apart from the city’s many other towers with its unique stature and grand scope.
You can’t get more central than this real estate development’s location in the Bloor-Yorkville/North Midtown neighbourhood. The area is defined by its impressive and lavish collection of luxury condos ranging from low-rise to high-rise -- and this modern development is the perfect addition.
Walk Score of 99/100 Transit score is of 97/100
Residents will find themselves in the center of everything, with prime access to the immediate area’s high-end fashion and dining. Yorkville and the Bloor Street strip together are home to countless high-end fashion brands not limited to Holt Renfrew, Aritzia, Burberry and Anthropologie. The neighbourhood -- especially Yorkville -- is aso home to some of the city’s finest dining, not limited to notable restaurants like Sassafraz and Cafe Nervosa.
To top it all off, the area of Bloor between Church Street and Avenue Road is currently undergoing major revitalization, proposed to incorporate landscaping, widened granite sidewalks, public art, street furnishing and new lighting. Clearly, this is the area to invest in.
This expansive project will be an accumulated 55 storeys, standing at 169.25 metres tall. Including the luxurious penthouse, the tower will stand 178.25 metres. It will also feature a 6-storey tall podium. The development will span approximately 474,400 square feet of gross floor area.
The impressively sized condo project will provide ample room for residents, as the tower will boast a whopping total of 648 residential units. The tower will house 548 condominium units, and 100 designated rental units. The latter will replace the existing ones currently on the project site.
The rental units and its related amenity space will sit on levels two to six of the 22.2 metres tall podium. The rental units will be split up into 20 bachelor units, 75 one-bedroom units and 5 two-bedroom units. Residents of these units will have access to storage lockers, laundry facilities, lounge facilities and more. The double-height lobby will be accessible to both condo residents and rental residents.
Founded in 2009, MOD Developments Inc. is an award winning developer in the Greater Toronto Area who has focused on improving Toronto’s skyline. Only being founded in 2009, they haven’t taken long to become leaders in the industry.
They took home the Project of the Year and Best High-Rise Design award at the 2011 BILD Awards for their first project, Five Condos at 5 St. Joseph. Specializing in urban developments and with an award winning architect in tow, they have managed to revitalize the city with their forward thinking projects.