75 Ontario Street Condos
75 Ontario Street Condos is a New Condo development by Lamb Development Corp. located at Richmond St E & Parliament St, Toronto.
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(416) 599-9599 x150 (Office)
Description
In Toronto’s bustling King-Parliament neighbourhood, another proposal has been brought forth to add to the cluster of towers popping up in the growing area. Lamb Development recently submitted a rezoning application to construct a 34-storey, 251-unit condominium tower on the southeast corner of Richmond and Ontario at 75 Ontario Street. Designed by architectsAlliance, the tower would sit atop a 7-storey podium and would reach a total height of 113.85 metres.
The site is a consolidation of four properties and would replace most of the existing structures. Currently, the site is occupied by a one-storey commercial building on the corner of the intersection, currently serving as the sales centre for Lamb’s other development next door, East 55; a two-storey commercial building to the east on Richmond; a small shared surface parking lot; and a 2.5-storey Victorian house at the eastern end of the property. All of these buildings will be replaced by the proposed tower.
The tower itself is narrow, measuring just over 12 metres along its east and west elevations with a floor plate area just shy of 500 square metres. The lack of balconies on the north and south facades emphasizes the slim tower form.
The development includes 384 m² of retail space at ground level fronting onto both Richmond and Ontario Streets. The tower above will house 251 residential condominium units with associated interior and exterior amenity spaces. Interestingly, the documents identify 37 one-bedroom units that can potentially be combined into larger two- or three-bedroom units, which may reduce the unit count either through the planning approvals process or through pre-construction sales.
The City is currently reviewing the application and the development is subject to change as it is still early on in the process. We will keep you updated as plans for 75 Ontario evolve.
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Maziar Moini Broker
Home Leader Realty Inc.
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Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
416-599-9599 ext:150 Cell : (647) 699-5900 Fax: 1-800-970-7654
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