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55 Yonge St, Toronto, ON M5E 1J3, Canada
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55 Yonge is a new mixed-use, high-rise condominium development by H&R REIT. 55 Yonge is a 66-storey mixed-use residential tower and will have 482 residential units. These units will be offered in a variety of layouts from studio units to three-bedroom units. 55 Yonge is currently in preconstruction and coming soon to 55 Yonge St, Toronto, ON.
The 55 Yonge condominium will sit on top of a 15-storey podium, where the first 2-storeys will house retail spaces and the rest from levels 3 to 15 will feature office spaces. The top of 55 Yonge will feature a spire in the southeast portion, with the tops floors designed in an angular shape that will suggest that the tower’s height is curbed in order not to shadow the neighbouring park.
55 Yonge will also have a new 2-level underground parking garage. More information like the kind of amenities and the mixture of bedroom units are yet to be announced. Many can expect that 55 Yonge will provide magnificent views of Downtown Toronto and unique exterior designs.
55 Yonge will have a floor focused on greenery, where residents of this condo in Toronto can enjoy doing remote work and offers a peaceful and serene space with a magnificent view of the city. The 55 Yonge condominium is only a few steps to King Station, streetcars, and bus stops. Also, it is only 3 minutes from Union Station. Residents in 55 Yonge can easily reach two shopping centre in under 10 minutes: CF Toronto Eaton Centre and Atrium shopping mall, where they can dine, run errands, and shop.
Families living in 55 Yonge can access different schools like St. Mary Catholic Elementary School, Niagara Street Junior Public School, Elementary School Gabrielle-Roy, Market Lane Junior & Senior Public School, and Lord Dufferin Junior & Senior Public School.
The 55 Yonge condominium is the ideal place for off-campus students because 8 minutes away is Ryerson University and George Brown College – St. James Campus, 11 minutes to the University of Toronto, 12 minutes to OCAD University, and more. With convenient access to any public transit, residents can easily explore and commute to Downtown Toronto.
Located at the heart of the banking and financial industry of Toronto, the Financial District neighbourhood is a bustling area that is well-known for its Bay Street high-rises, which is home to corporations, the Toronto Stock Exchange, and law firms.
Dining options in the neighbourhood range from cozy cafes to power lunch restaurants, like Cantina Mercatto, Subway, Jump Restaurant, Beerbsitro, Fast Fresh Foods, Starbucks, and more. The Financial District is also home to the largest underground shopping mall, PATH, where the pedestrian tunnels connect to different hotels, buildings, several landmark stadiums, and more.
Residents in the 55 Yonge condominium can find that this residence is the ideal place for those who are working in the city and they are close to green spaces like Berczy Park, David Crombie Park, Princess Street Park, Market Lane Park, and St. James Park.
Founded in 1996, H&R REIT has developed many properties like The Bow and TransCanada Tower in Calgary, AB, and various other properties across the Greater Toronto Area. Not only that, H&R REIT has substantial pipeline properties in both the United States and Canada. Since it was established, H&R has developed a disciplined strategy of investing in gradual acquisitions and new developments for real estate assets.
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