55 Prince Arthur is a 12-storey mid-rise residential building completed in 1986 by The R-Group. It contains 63 units and is known for providing a more intimate residential scale compared to downtown towers. The building includes amenities like concierge service and valet parking to support residents' daily needs. Units are typically spacious, averaging around 2,000 sq ft, which gives residents room to spread out. The mid-rise format means you get building services and shared facilities without the scale or anonymity of a high-rise tower, making it a popular choice for those who want both community feel and urban convenience.

The Annex is a culturally rich neighbourhood centered around the University of Toronto, with a mix of residential, academic, and commercial spaces. 55 Prince Arthur is positioned on Prince Arthur Avenue, a quiet tree-lined street just north of Bloor Street West, one of the city's major commercial corridors. The Bathurst subway station is within walking distance, providing direct access to the Spadina Line. Multiple streetcar routes serve the area, connecting residents to downtown, the Distillery District, and other neighbourhoods. The location offers excellent walkability, with independent bookstores, restaurants, cafes, and Trinity Bellwoods Park nearby, making it ideal for those who appreciate urban neighbourhood character.

55 Prince Arthur attracts buyers and renters looking for spacious units in a central location with solid building management. With an average unit size of 2,000 sq ft and typical two-bedroom layouts, this building suits families, couples, and professionals who value room and don't want to compromise on space. The concierge and valet parking services are practical benefits, especially in a neighbourhood where street parking can be competitive. When considering a purchase or lease here, ask about maintenance fees, parking availability and costs, lease terms if renting, and the building's renovation history. The mid-rise format and established neighbourhood mean good long-term stability, though you'll want to review recent building budget and reserve fund information to understand the property's financial health.