21 King Street East

Commercial

21 King Street East

Project Type

Commercial

Location

21 King Street East, Toronto, ON, Canada

Status

Overview

Unique Challenges

Key Features / Outcomes

Overview

21 King Street East is a commercial office building situated in Toronto’s financial district. This strategically located building offers businesses proximity to key financial institutions and amenities, enhancing accessibility and convenience for tenants.

Challenges and Solutions

Built in 1964, the building has faced challenges typical of maintaining an older structure in a modern downtown setting. Through ongoing renovations and upgrades, including updates to common areas and building systems, 21 King Street East has been able to maintain its competitive edge in the market.

Building Size

The building spans approximately 200,000 square feet, with flexible floor plates designed to accommodate a variety of business needs.

Key Features

Prime Location: Situated in the heart of Toronto’s financial district, offering easy access to public transit and major city amenities.
Modern Facilities: Recent renovations have enhanced common areas and building systems to provide a modern working environment.
Flexible Space: Offers adaptable office spaces suitable for businesses of different sizes and sectors.

Operational Excellence

The property is managed with a focus on maintaining high standards of service, ensuring that facilities are well-maintained and that tenants receive responsive support. Continuous improvements have been made to ensure the building meets contemporary business needs.

Key Benefits

21 King Street East provides an ideal location for businesses seeking a prestigious address in Toronto’s financial core, with modern facilities and convenient access to the city’s business and financial services.

Former Tenant During Our Management

National Trust Co.

Our Impact

Horizon Legacy is revolutionizing the construction industry with the first and largest neighborhood in Canada built using onsite robotics.

Cost Efficiency

Our approach delivers an average cost of under $300K per unit (costs exclude land, servicing, softcosts) showcasing that robots can be integrated affordably while meeting and exceeding the Ontario Building Code.

With 26 rental units, including 30% affordable, we surpass industry standards.

Our project achieves a 20% reduction in energy intensity and greenhouse gas emissions, and our all-electric buildings ensure zero greenhouse gas energy consumption.

By creating wall assemblies with R-30 thermal performance and consolidating three trades into one, we effectively address the labor shortage, demonstrating the transformative potential of robotics in construction.

Horizon has generated over 14 million kilowatthour (KWH) of clean energy

We have created over 7 million square feet of Toronto’s major developments

“Horizon has built and financed major buildings for ourselves as the long-term owners, wherein, we have then had to live with the operational ramifications of design, construction and financial decisions made at the development stage for the over 20 years life of a building. This is a perspective very distinct from that of the traditional contractor or lender.”