Panda Condos

About Panda Condos

• Address: 20 Edward St, Toronto
• Neighbourhood: Bay Street Corridor, Downtown Toronto
• Storeys: 30
• Units: 555
• Built Year: 2022
• Builder: Lifetime Developments
• Building Type: High-Rise Condo
• Suite Sizes: 356 sqft - 1904 sqft
• Average Price: $992 / sq. ft.

Overview of Panda Condos

Completed in 2022 by Lifetime Developments, Panda Condos is a 30-storey high-rise situated on the site of the former World's Biggest Bookstore. The development increased density in the Bay Street Corridor by replacing a low-rise commercial building with a residential and commercial tower.

The architecture, a collaboration between ArchitectsAlliance and Turner Fleischer Architects, features a two-tone black-and-white façade. This design represents the "yin and yang" balance of urban life. The tower includes a glass podium base with vertical accents, housing ground-floor retail and two levels of commercial space.

The building achieved Toronto Green Standard Tier 2 certification for energy efficiency. The exterior utilizes a bird-friendly envelope to meet municipal requirements for urban wildlife protection.

Suite Sizes & Value

Floor plans at Panda Condos range from 356-square-foot studios to 1,904-square-foot suites. These units feature open-concept layouts and floor-to-ceiling glass walls to maximize natural light.

The average price for the building is $992 / sq. ft. This pricing reflects new-construction units in the downtown core located near major transit infrastructure.

Building Amenities & Features

Residents have access to amenities located on the 4th floor:

• Athletic Facilities: A gym, a dedicated spin room, and an indoor basketball court.
• Social Spaces: A resident lounge, a private theatre, and a party room.
• Productivity & Leisure: Study and meeting rooms for remote work and a games room.
• Outdoor Space: A terrace with barbecue stations.
• Services: 24-hour concierge, visitor parking, and bicycle storage.

Location Highlights

Panda Condos holds a 100/100 Walk Score and Transit Score. The site is located near primary city infrastructure:

• Retail & Entertainment: Steps from Yonge-Dundas Square, the Eaton Centre, and the underground PATH system.
• Institutional Sites: Proximity to Toronto Metropolitan University, the University of Toronto, and the Financial District.
• Greenspace: A seven-minute walk to the Downtown Diversity Garden, Larry Sefton Park, and Lord and Lady Martonmere Gardens.

Lifestyle Near Panda Condos

The location caters to professionals and residents who prioritize proximity to the city's economic and cultural centres. The area is a hub for shopping and entertainment, situated near Scotiabank Arena and the Rogers Centre.

Daily essentials are accessible at Longo's and other nearby retailers. The building's position ensures transit hubs, including Union Station, are within easy reach.

About the Developer

Lifetime Developments is a real estate firm in Toronto founded by Mel Pearl and Sam Herzog. The firm began as a builder of single-family homes before transitioning into high-density urban projects. They are recognized for their activity in the GTA condominium market and contributions to local charitable initiatives.