Project Details

This is the opportunity that you’ve been waiting for! At 55C you will have everything you need and more literally just minutes away — Less than 5 Minutes from the Bloor-Yonge Subway Station, Minutes from the Don Valley Parkway, Ryerson University, University of Toronto & The Hospital District. Not to mention the BEST of Toronto is in close proximity with exciting venues such as the Phoenix Concert Theatre, Royal Ontario Museum, Kensington Market & So Much More!

Pricing Starting From $694,900!

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Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK

Toronto is the largest city in Canada. It is home to over 2.7 million people and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!

WORLD CLASS CITY

Toronto is widely considered to be a world-class city due to its vibrant economy and high-quality living standards. It is also recognized internationally as the most diverse and multicultural city in the WORLD. The city is also a hub for innovation, boasting the second largest financial center and one of the fastest-growing tech sectors in North America. In addition, Toronto is home to THREE world-renowned universities, including the University of Toronto, Toronto Metropolitan University, and York University, further cementing its status as a center of academic excellence.

CONNECTIVITY & TRANSPORTATION

The city is serviced by Subway transit, Up Express, Streetcars, GO Transit, The Eglinton LRT (Light Rail Transit), Billy Bishop Airport and is only a short commute to Pearson International Airport – Toronto is connected and can take you anywhere you need to be.

LOCATION, LOCATION, LOCATION

Home to a thriving Downtown Core, the Rogers Centre, the Scotiabank Arena, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, world-class Universities, Lake Ontario to the south, thousands of restaurants – Toronto has so much to offer!

REPUTABLE DEVELOPER

55C Condos is being developed by Mod Developments who have won several industry awards (including multiple BILD Project of the Year wins) and currently has five hi-rise projects underway in Toronto collectively representing over 2,200 homes!

Quick Facts*

Developer: Mod Developments
Address: 55 Charles St E, Toronto
Nearest Intersection: Charles St E & Church St
Pricing: Starting From The $600s
Occupancy: Spring 2024
Storeys / Suites: 48 Storeys / 551 Suites
Suite Types: Studio  – Three Bedroom Suites
Suite Sizes: 335 sq ft – 1,006 sq ft
Parking: $185,000 $125,000 (Included on All 2 Bedroom & 3 Bedroom Suites)
Locker: Sold Out
Maintenance Fees: Starting from $0.67/sq.ft (excludes Rogers Internet, hydro and water)
Deposit Structure: $10,000 on Signing // 5% Minus $10,000 in 30 Days // 5% on February 15th, 2024
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($13,000 for Studios, 1 Bedrooms and 1 Bedrooms and Den // $16,000 for 2 Bedrooms and 3 Bedrooms), Assignment ($2,500), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Free Right To Lease During Interim Occupancy, Two Year Rental Guarantee – Up To $169,008 ($7/sq ft or $8/sq ft for Studios), No Interest During Interim Occupancy Period for Up to 6 Months, ($75,000 Value), Upgrade Package Included in All Remaining Suites – $20,000 Value (Upgrades include: Window Coverings Throughout, Vinyl Flooring & Select Closet Organizers. Studio Suites Also Include the Murphy Bed Upgrade), Parking Included on All 2 Bedroom & 3 Bedroom Suites ($125,000 Value), EV Charging Rough-ins Included With All Parking Spaces ($7,500 Value)
Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: State-of-the-Art Fitness Facilities, with his-and-hers Change Rooms and Steam Rooms, as well as Lounges, Private Dining Rooms, Kitchens, and Bars, Extensive Roof Gardens that will Include Outdoor Seating, Tables, Barbeques and Planting. At the top of the building, the Rooftop C Lounge, a south facing indoor and outdoor amenity will include a large Party Room with a Full Kitchen, Dining Area, Lounge Areas and Outdoor Terrace with Barbeques, Planting and Lounging Areas

MIB Incentives*

Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements