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The Exchange District
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Union Bank Tower and Annex (Royal Tower)

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The Union Bank is believed to be the country’s oldest surviving steel frame and reinforced concrete “skyscraper”. Located next to City Hall, the tower has experienced high volumes of traffic, both through and outside its prominent location on Main.

The tower was a coming of age confirmation for the City, indicating that investors were bullish about its future.


Main Floor




Year Built Heritage Status Date Material Floors/Square footage
1903-1904 NHS, Municipal (bank); Municipal (annex)1995, grade I (bank) grade III (annex) Steel frame with reinforced concrete, brick façades with stone quoins, elaborate cornice, terra-cotta detailing with floral motifs. Annex had terra cota facade at both ends.

Tower: 10 storeys/68,755 total floor space

Annex: 2 storeys/9,784 total floor space

Original Use Present Use Address Architect
Bank Vacant 500-504 Main Street Darling and Pearson (Toronto and Winnipeg) with W. Percy Over





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