55 Eglinton Avenue East Condos

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High-Rise Condo in Toronto

55 Eglinton Avenue East, Toronto, ON

This area is without a doubt on the cusp of becoming one of the most exciting growth zones in the Greater Toronto Region, and this amazing new project is a part of it. The 50-story 55 Eglinton Avenue East Condominiums will increase the density in this section of Yonge and Eglinton, as well as provide new commercial retail space and replace the existing office space on the current site.

55 Eglinton Avenue East Condos is a new condo complex now under construction by State Building Group at 55 Eglinton Avenue East, Toronto. The condos at 55 Eglinton Avenue East have a total of 461 apartments.

The area at the intersection of Yonge and Eglinton is one of the most desired places to live in the Greater Toronto Area (GTA), and it will become even more desirable as a consequence of the forthcoming rail line, which will revitalize public transit in the region.

Amenities

Floors 2-6 will be allocated to office space, which will replace the current office space on the site
The overall office space will be 68,750 square feet
There will be amenity space on the seventh and eighth storeys
This will have an outdoor amenity space on the eighth level of the project's podium
A 50-story tower will rise from a seven-story platform in the heart of Toronto's new urban core
On the ground floor, it will include 4,305 square feet of retail space, enhancing shopping choices in the area and giving convenient alternatives for future inhabitants

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Highlights

Neighborhood

The tower will be constructed on the southern side of Eglinton Avenue East, between Holly and Dunfield Avenues, only feet from the intersection of Yonge and Eglinton. The structure is surrounded by mid-rise business and service buildings, with the exception of the high-rise residential building on its south side.

Transportation

This is on the cusp of becoming one of the city’s most significant locations, maybe on par with megastructures like The One. This is because the Eglinton Crosstown LRT, a rail line that will operate along the Eglinton Corridor, will soon be constructed. This will considerably improve mobility in Midtown Toronto, as well as stimulate growth and development.

Education

Because to its closeness to Eglinton Station, the Crosstown is a viable option for this endeavor. The Crosstown will intersect with Line 1 Yonge-University at this station, making it one of the most extensively used in the Greater Toronto Area. In addition to the obvious advantages of living near a major transportation center, this may assist adjacent communities in becoming the next Yorkville or Annex.

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Developer

State Building Group has a track record of producing high-quality real estate developments in the Greater Toronto Area. With over 50 years of experience, its success and development may be credited to forecasting trends, selecting prime locations, implementing exceptional designs, and having the foresight and ability to pursue large real estate possibilities.