The Lexington is a 19-storey high-rise residential building completed in 1981 by Karleton Company Ltd. It contains 343 units across the building and has been a fixture of the Church-Yonge Corridor for over four decades. The building maintains on-site amenities including a billiards room and concierge service to support residents. As a mid-rise building from the early 1980s, it represents the era of downtown residential intensification in Toronto, when developers began converting and building more housing in the core. The building's longevity in this sought-after location speaks to its appeal and the enduring demand for downtown living in this neighbourhood.

The Church-Yonge Corridor is one of downtown Toronto's most dynamic mixed-use areas. You're on Yonge Street, Canada's longest street, lined with restaurants, cafes, retail, and entertainment options. Transit access is excellent: the Dundas and College subway stations are both within walking distance on the Yonge line, connecting you quickly to the Financial District, Bloor, and beyond. The area has a strong residential presence alongside commercial activity, making it lively at all hours. Nearby neighbourhoods like St. Lawrence, Kensington Market, and Chinatown are all walkable, and the Distillery District is a short trip east. The location suits people who want car-free urban living with constant access to amenities and transit.

Current listings show a mix of unit types, with an average size around 1,200 square feet and an average of 3.5 bedrooms, suggesting this building appeals to families and groups as well as individual professionals. Before committing, ask about maintenance fees, which are a key factor in affordability for condo owners, and review the building's reserve fund study and past special assessments. Inquire about parking availability and costs, pet policies, and any planned renovations or upgrades to common areas or building systems. For renters, understand lease terms, utility inclusion, and access to the billiards room and concierge. The building's age means some units may vary in condition or layout, so inspect any specific unit carefully. Given the strong renter and buyer demand in this neighbourhood, properties here tend to move quickly.