55 Charles Street is a 55 story development designed by architectsAlliance and will consists of 548 condominium units and 100 rental units. Coming soon to Toronto pre-construction market.
One of the last remaining development sites on one of Toronto's tallest high-rise streets is now the subject of a rezoning application, as MOD Developments is proposing a new residential tower for 55 and 61-63 Charles Street East, just southeast of the bustling Yonge-Bloor intersection. The new 55-storey tower is proposed to rise to a height of 178.3 metres and is designed by architectsAlliance, containing a total of 648 residential units comprising 548 condo units and 100 rental replacement units. The rezoning application was just filed recently, and the associated documents have not as of publishing time been uploaded to the City's website, so it should be noted that the plans and elevations shown below are preliminary and subject to change.
The tower at 55 and 61-63 Charles East is proposed to replace two existing rental buildings currently on the adjacent properties: the building at 55 Charles East is a 9-storey mid-rise constructed in the 1950s that contains 76 rental units, while the building to the east at 61-63 Charles East is a 3-storey walk-up apartment—not handicapped accessible—constructed in the 1930s that contains 24 rental units. Of the total 100 units in both buildings, 96 are studio and one-bedroom suites, 4 are two-bedrooms. Neither building offers many amenities to its tenants, and only 55 Charles East has parking available, totalling 56 above-ground and underground spaces.