Another condo could be coming to Toronto. While this definitely isn't groundbreaking, where the condo wants to go kind of is. The proposal is to build it on top of a heritage building at the corner of Queen and University. 

A rendering of the proposed condo. Courtesy 250 University Ave. development application. 

250 University Avenue, formerly a Bank of Canada Building, was built in 1958. It's now an eight storey office space with a Rexall attached. 

Alone, the proposed tower is a 44-storey residential building with 495 condo units. The structure as a whole would reach 54 storeys. At the end of April a request was sent for a Zoning By-law Amendment to make this build possible. 

Perhaps one of the oddest proposals I've ever seen.... 54-stories & 176-meters at 250 University Ave erected above 8-storey 1958 former Bank of Canada building.

Proposed by Northam Realty Advisors - check out details via @Urban_Toronto #TOpoli https://t.co/lTnrfeKFiA pic.twitter.com/jhGiSFPw12

— Mike CollinsWilliams (@mikejcw) May 7, 2018

The two-floor basement of the building is reported as needing to be redone for this proposal, to accommodate 562 expected bicycle parking spaces. The basement currently houses a vault that has been re-purposed into a common area.

Some are skeptical of the proposed development for the way it looks in renderings. 

We can only pray it’ll look better in real life.

— John Howe (@johnhowe123) May 8, 2018

Heritage specialists GBCA Architechts are slated to lead the design relating to the heritage building and and IBI group is designing the tower above.