GTA Pre-Con Watch

Toronto · Downtown

Cambridge Suites redevelopment (15 Richmond St E)

Cancelled

Proposed 71-storey condo redevelopment reported dead after the hotel was sold to Manga Hotels, which plans a renovation, per blogTO (Nov 2025).

Note: Proposal stage; no presales reported in the source.

Builder / developer
Centennial Hotels Limited (applicant)
Address
15 Richmond St E
Neighbourhood
Downtown
City
Toronto
Type
Condominium (proposed)
Units
Not confirmed
Current reported status
Cancelled
Status date
Nov 2025
Deposits returned?
Not confirmed by our sources
Last verified
Oct 24, 2026

Status timeline

  1. Nov 2025Cancelled

    Redevelopment plan reported abandoned after a sale of the property to Manga Hotels. Source: [1]

Sources

  1. blogTO — Article: Plan to transform Toronto hotel into 71-storey skyscraper is officially dead · Nov 2025
This page summarizes what the cited sources reported; GTA Pre-Con Watch has not independently verified these events. Status may have changed since the last-verified date. This is not legal or financial advice — purchasers should speak with a real estate lawyer and check Tarion and the receiver's website. Spot an error? Request a correction.

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