When did the first tenants move into 55C Residences?

The builder's first move-in date for 55C Residences is Jul 2024. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.

Who built 55C Residences?

Mod Developments Inc. built 55C Residences at 55 Charles Street East, Toronto.

Can I find a unit at 55C Residences on this site?

Nothing is listed at 55C Residences right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.

What is 55C Residences?

55C Residences is a completed 48-storey condominium tower at 55 Charles Street East in downtown Toronto. It was developed by Mod Developments Inc. and contains 565 suites.

What size are the suites?

Homes range from roughly 582 to 1,006 square feet. Specific layouts and bedroom counts are confirmed by the builder based on current availability.

Where is 55C Residences located?

The tower is at 55 Charles Street East in the central core of Old Toronto, close to the Bloor–Yonge area and steps from downtown shops, dining, and subway service.

Completed 2024Condo

55C Residences

55 Charles Street East, Toronto

Not rent controlled

Your rent at 55C Residences is not capped. The building's first tenants moved in Jul 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

First occupancyJul 2024

Storeys48

Units565

Suite sizes582–1,006 sq ft

DeveloperMod Developments Inc.

Ask about availability

Suite mix

The suites

One- to three-bedroom suites

Suite types as the developer described them. Each landlord sets their own rent; rents are not on this site yet.

The building

55C Residences is a 48-storey condominium at 55 Charles Street East in downtown Toronto, developed by Mod Developments Inc. The tower holds 565 suites and is now complete.

Amenities

Set in the central core of Old Toronto, 55C Residences puts residents within a short walk of the shops, restaurants, and services that define the Bloor–Yonge and Church-Wellesley areas. The surrounding downtown streets offer everyday conveniences, dining, and cultural destinations close at hand.

This is a genuinely urban address, where groceries, cafés, and daily errands are typically a walk away rather than a drive.

Rent control

Your rent here is not capped

The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.

Short answer

Getting around

Downtown Toronto is one of the most transit-connected areas in the country. From 55 Charles Street East, residents are close to Line 1 and Line 2 subway service around the Bloor–Yonge interchange, along with the city's extensive streetcar and bus network. For drivers, the Don Valley Parkway and the Gardiner Expressway connect the core to the wider region, though many residents in this neighbourhood find they can get around largely on foot and by transit.

Who built it

Mod Developments Inc.

Mod Developments Inc. is a Toronto-based builder known for design-focused condominium projects in the city's central neighbourhoods. The company has built a reputation for architecturally considered towers in established downtown locations, and 55C Residences continues that focus on central, walkable settings.

Questions

Can my rent at 55C Residences go up by any amount?: Your rent at 55C Residences is not capped. The building's first tenants moved in Jul 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
When did the first tenants move into 55C Residences?: The builder's first move-in date for 55C Residences is Jul 2024. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
Who built 55C Residences?: Mod Developments Inc. built 55C Residences at 55 Charles Street East, Toronto.
Can I find a unit at 55C Residences on this site?: Nothing is listed at 55C Residences right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
What is 55C Residences?: 55C Residences is a completed 48-storey condominium tower at 55 Charles Street East in downtown Toronto. It was developed by Mod Developments Inc. and contains 565 suites.
What size are the suites?: Homes range from roughly 582 to 1,006 square feet. Specific layouts and bedroom counts are confirmed by the builder based on current availability.
Where is 55C Residences located?: The tower is at 55 Charles Street East in the central core of Old Toronto, close to the Bloor–Yonge area and steps from downtown shops, dining, and subway service.