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696-700 Yonge Street, Toronto is undergoing a demolition by deterioration (demolition by neglect). The property has been vacant for approximately 10 years (as of 2020) and is in a declining state of upkeep. Nearby community organizations have expressed concerns over the present state and future of the building.
This building is designed in the International Style, with a clean facade and balanced proportions. Distinguishing features of this building are its continuous ribbon windows. They create a continuous band of windows from the west facade to the north facade, to the east facade, and extend partially into the southern facade as well. Buff brick is used on the spandrels between the windows. The main floor is clad with green marble, which frames the entrances. That same marble covers the main floor eastern and northern facade.