55C Residences

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.

Buying into a downtown Toronto condominium like 55C Residences starts with registering for information to receive floor plans, current pricing, and availability. Because this building is already complete, buyers are purchasing finished suites rather than committing years ahead of construction, which shortens the timeline from purchase to occupancy.

For a typical pre-construction condo purchase in Ontario, deposits are staged over time and buyers pass through interim occupancy before final closing, when title transfers. With a completed building, that path is more direct, though your agreement will set out the specific deposit and closing terms.

In Ontario, buyers of a new condominium unit are protected by a 10-day cooling-off period under the Condominium Act, during which you can review the disclosure documents and, if needed, rescind the agreement. Confirm the exact terms with the builder and consider having a lawyer review your paperwork.