INVESTMENT COMPENDIUM in the Heart of Bloor Yorkville
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INVESTMENT COMPENDIUM In the heart of Bloor Yorkville. Toronto’s most fashionable neighbourhood, 55 Charles is modern, distinct, and alluring. A symbiotic collage of design and luxury. Style and sophistication. Every detail of this development defines what’s best about big city living. Thoughtfully designed suites. Fabulous amenities. Divine features. Sublime finishes. Bespoke quality. Make it yours. DEVELOPMENT TEAM Developer MOD Developments Inc. Architects architectsAlliance World renowned architectural firm. Creator of innovative, contextual and iconic residential and mixed-use buildings that have transformed many North American cities. Awarded Canada’s highest honour for design – the Governor-General’s Medal in Architecture – multiple times. Interior Design Cecconi Simone Internationally-acclaimed interior design practice. Designer of some of the most spectacular interior environments for the retail, corporate, hospitality, and residential sectors in Canada, USA, Europe, and Middle East. BUILDING FACTS Location Bloor Yorkville Statistics 48-Storeys No. of Condominium Suites 551 Amenities Over 20,000 sf of Indoor and Outdoor Space Ground Floor Lobby with Concierge and Fireplace Lounge Pet Spa Temperature Controlled Parcel Storage Room 8th Floor Multiple Lounge Spaces with Kitchen, Dining and Study Areas Outdoor Lounge Spaces with BBQ Areas State-of-the-Art Fitness Centre _Virtual Cycling Studios _Boxing/Heavy Bag Area _Cardio and Endurance Zone _Functional Strength and Olympic Lifting Area _Movement and Yoga Studio _Change Rooms with His and Her Steam Rooms Rooftop Party Room with Outdoor Landscaped Terrace and BBQ Area Zen Lounge Guest Suite WHY INVEST? LOCATION Located in the heart of Toronto, at the crossroads of two major subway lines. 2 minutes to Yonge and Bloor. DESIGN Striking architecture. Another notable project by the world renowned architectsAlliance. Dramatic pinstriped vertical façade. Clad in stone, glass and stainless steel. Interiors by the internationally-acclaimed Cecconi Simone. Chic and luxurious. Features natural woods, subtle swatches of gold, sand and stone. DEVELOPER MOD Developments Inc., one of Toronto’s most innovative development firms, specializes in unique urban developments with a focus on architectural excellence, heritage preservation and city-building. The company has won several industry awards, including multiple BILD and OHBA Project of the Year and Best High-Rise Building Design Awards. Past projects include FIVE St. Joseph, The Massey Tower and Waterworks. NEIGHBOURHOOD Bloor Yorkville is Toronto’s most coveted shopping, dining and cultural destination. Packed with world-class stores, including Hermès, Louis Vuitton, Chanel, Prada, Cartier, Tiffany & Co., Holt Renfrew, Gucci and more, as well as a multitude of fine dining restaurants, elegant bistros and cafés. Minutes away from global institutions of higher learning – University of Toronto and Ryerson University. The world-renowned Royal Ontario Museum (ROM), Gardiner Museum, Bata Shoe Museum, the Royal Conservatory of Music and Koerner Hall are within walking distance. CONNECTIVITY 2-minute walk from the Bloor-Yonge Station. Close to multiple subway stations, the University of Toronto and Ryerson University. BLOOR-YORKVILLE* BLOOR-YORKVILLE POPULATION STATISTICS Bloor-Yorkville Toronto 103,805** 19.3% 35 Population Population Growth Average Age 2011 - 2016 RENT VS OWN HOUSEHOLDS LIVING IN CONDOMINIUMS Own 37% Own 53% VS Rent 63% Rent 47% 60% Bloor-Yorkville City of Toronto Bloor-Yorkville AVERAGE HOUSEHOLD INCOME $292,697 VS $87,775 Bloor-Yorkville Toronto *Ward Census **2016 Yorkville Population Bloor-Yorkville Toronto RESALE CONDO STATISTICS* NEW CONDO STATISTICS* Average Price Average Unsold Price per Square Feet (PSF) $1,265,000 $1,950 PSF $628,000 $1,082 PSF Average Price per Square Feet (PSF) Y/Y Price Growth 17% $1,363 PSF 12% $763 PSF Y/Y Price Growth 13% YORKVILLE NEW CONDO INVENTORY* 8.2% 90% SOLD RENTAL CONDO STATISTICS* $3,532 17.32% ($4.48 PSF) $2,381 ($3.43 PSF) 9.43% Average Rent Rent Increase *Urbanation Reporting for the Year of 2018 and Q1 of 2019 A HUB OF TECHNOLOGY One of the world’s most dynamic cities, Toronto’s tech industry is world class. The annual Blue Book report, which looks at Canada’s economy as a whole, says growth in the tech industry will help Toronto drive the Ontario economy to grow by 2% in 2019. The Toronto Region has long been an international hunting ground for graduates as the area’s post- secondary institutions turn out a steady supply of engineers, software developers and data scientists. CBRE’s Annual Scoring Tech Talent Report lists Toronto as North America’s fastest growing tech sector for a second year running. High quality and well-educated tech talent, cost efficiencies and welcoming immigration policies are competitive advantages for the Canadian tech markets. Toronto enjoyed the fastest growing tech jobs market in 2017 Toronto tech jobs increased 13.6% 13.6% in 2017, outpacing major cities San Francisco, Seattle and 30,000 Washington DC combined In 2017, Toronto had An increase of Of the 57,550 increase, Toronto is the 4TH 1,518,560 57,550 33,280 largest city jobs from 2016 were in the downtown core* in North America THE GTA 18.5% is the fastest growing region VS of Canada’s total GDP in the province is generated in the Toronto Region Only 6.4M 100,000 35,978 2019 new residents come to residences being Toronto annually completed annually 9.7M 2041 Last year the city drew over 40% $1.4 BILLION Tech HQs like Amazon, in investment from U.S. Microsoft, Google, 13.1M and Canadian companies, ranging from and Uber in Canada are 2066 global tech giants to local startups based in Toronto *Toronto.ca A CENTRE OF LEARNING World class. Future forward. Toronto sits at the intersection of mind and action. It is home to global institutions of higher learning, leaders in research and innovation, and is favoured by Canadian and International students. Toronto offers career-driven education, focused on contemporary society. #1 9,721 ranked university in Canada* new first-year * By University Magazine undergraduate students in 2017-2018 90,077 students 19,197 enough to fill international students 10 6,616 on-campus 55C Towers residence beds Per Year 42,941 students 1,417 7,867 on-campus residence beds new first-year undergraduate students 30% growth in in 2016-2017 international students from 2017 to 2018 enough to fill 8 55C Towers Per Year A WELL-CONNECTED DEVELOPMENT 55C is minutes from all things important. Whether it’s the financial district, hospitals, or universities, everything that matters is a subway ride away. In fact, the building is just steps from both Line 1 and Line 2 subways. Its unbeatable Bloor Yorkville location offers residents a variety of choices. It’s a short walk from internationally renowned designer stores like Gucci, Tiffany and Co., Prada, Holt Renfrew, Hermes and other world class shops. 55C is also close to a wealth of fine dining restaurants, cafes, museums, galleries and everyday necessary amenities. 9 HAZELTON AVE. Yorkville Village 13 ROSEDALE 38 DAVENPORT RD. 20 Jesse Ketchum Park 42 Whole Foods 41 SCOLLARD ST. Market 39 40 Four The Hazelton Seasons 1 Hotel Hotel Toronto 44 14 48 21 37 31 36 23 4 49 YORKVILLE AVE. Reference AVENUE RD. AVENUE 10 2 5 24 34 15 19 Library Pusateri’s 11 Fine Food 12 YORKVILLE 8 min walk Yonge University CUMBERLAND ST. 8 THE ANNEX Subway Line Village of Yorkville Park 7 Bloor Danforth Holt Renfrew Subway Line 26 5 min walk Park Hyatt Hotel 47 33 46 22 27 BLOOR ST. W 29 28 30 Hudson’s Bay BLOOR ST. E BAY BLOOR – YONGE Varsity Royal Ontario 32 43 35 45 25 16 18 Nordstrom Rack Centre Royal Museum Manulife Centre Gardiner 6 DON VALLEY PARKWAY Conservatory 12 min walk BLOOR WEST Eataly HAYDEN Entrance 7 min drive of Music Museum 2 min walk Koerner Hall CHARLES ST. W CHARLES ST. E MUSEUM 3 QUEENS PARK CRES. Queen’s Park Barbara Hall Park 7 min walk WELLESLEY ST. W WELLESLEY ST. E WELLESLEY CHURCH ST. CHURCH YONGE ST. YONGE Women’s College Hospital BAY ST. 12 min transit THE VILLAGE Loblaws COLLEGE ST. Supermarket 17 CARLTON ST. COLLEGE UNIVERSITY AVE. College Park Toronto General Hospital 12 min transit Mount Sinai Hospital GERRARD ST. W 14 min walk GERRARD ST. E 17 min transit Ryerson Theatre Sick Kids Hospital 13 min transit DUNDAS ST. W DUNDAS 9 min transit *MAP NOT TO SCALE Eaton Centre Yonge-Dundas DUNDAS ST. E Square * MAP NOT TO SCALE IT’S ALL HERE. WALKING TIMES SHOPPING & HIGH END FASHION WALK Yonge and Bloor Subway 2 mins 21 Brunello Cucinelli SCORE University of Toronto 7 mins 22 Burberry Royal Ontario Museum 12 mins 23 Chanel 99 Ryerson University 14 mins 24 Christian Louboutin 25 Dolce and Gabbana Walker’s Paradise 26 Ermenegildo Zegna Daily errands do not TRAVEL TIMES BY PUBLIC TRANSIT 27 Gucci require a car. 28 Harry Rosen Eaton Centre 9 mins 29 Hermès St.Michael’s Hospital 10 mins 30 Holt Renfrew Toronto General Hospital 12 mins 31 Jimmy Choo Women’s College Hospital 12 mins 32 Max Mara TRANSIT Sick Kids Hospital 13 mins 33 Louis Vuitton SCORE Mount Sinai Hospital 17 mins 34 Pink Tartan Financial District 10 mins 35 Prada Scotiabank Arena 14 mins 36 Stone Island 97 Rogers Centre 20 mins 37 Versace Rider’s Paradise World-class public ART GALLERIES transportation. GOURMET RESTAURANTS 38 Galerie De Bellefeuille 1 Buca Yorkville 39 Hazelton Fine Art Galleries 2 Cibo Wine Bar 40 Heffel Fine Art Auction House 3 Constantine 41 Ingram Gallery 4 Café Boulud & D Bar 42 Mira Godard Gallery – at Four Seasons Hotel 5 Kasa Moto 6 La Société JEWELRY STORES 7 Planta Yorkville 8 Sassafraz 43 Cartier 9 Sotto Sotto Ristorante 44 Richard Mille 10 STK 45 Royal De Versailles 11 Sofia Restaurant & Bar 46 Tiffany & Co.