place

Royal Bank Building (Toronto)

Buildings and structures in TorontoHistoric bank buildings in CanadaOntario building and structure stubsRoyal Bank of Canada
Royal Bank Building Toronto 1
Royal Bank Building Toronto 1

The Royal Bank Building refers to two office buildings built for the Royal Bank of Canada in the Financial District of Toronto, Ontario, Canada: The 20-storey Royal Bank Building, located on the northeast corner of Yonge and King Streets, was completed in 1915 and designed by the architectural firm Ross and Macdonald. The City of Toronto designated the building under the Ontario Heritage Act in 1976. The building is also known by its municipal address, 2 King Street East. At 90 metres in height, the building was the tallest in Canada until 1928. The 12-storey Royal Bank Building, located at 20 King Street West between Yonge and Bay Streets, served as the bank's Toronto offices until the Royal Bank Plaza was completed in 1977. The building was designed by architects Marani, Morris, & Allen. It is still one of several buildings in Toronto's downtown core occupied by the Royal Bank. Construction on the building commenced with the laying of the cornerstone by then Royal Bank of Canada Chairman James Allan in 1964.

Excerpt from the Wikipedia article Royal Bank Building (Toronto) (License: CC BY-SA 3.0, Authors, Images).

Royal Bank Building (Toronto)
Yonge Street, Old Toronto

Geographical coordinates (GPS) Address Nearby Places
placeShow on map

Wikipedia: Royal Bank Building (Toronto)Continue reading on Wikipedia

Geographical coordinates (GPS)

Latitude Longitude
N 43.6491 ° E -79.3779 °
placeShow on map

Address

Yonge Street 71
M5E 1K3 Old Toronto
Ontario, Canada
mapOpen on Google Maps

Royal Bank Building Toronto 1
Royal Bank Building Toronto 1
Share experience

Nearby Places

Scotia Plaza
Scotia Plaza

Scotia Plaza is a commercial skyscraper in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the north. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 52nd tallest building in North America. It is connected to the PATH network, and contains 190,000 m2 (2,045,143 sq ft) of office space on 68 floors and 40 retail stores. Olympia and York developed the complex as an expansion of the adjacent headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the company was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to purchase the mortgage for Scotia Plaza and over the next five years, it purchased additional shares from its partners until it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's major banks to divest ownership of its Toronto headquarters property. In 2016, H&R and Dream sold 50% of the building to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.