Chestnut Residence, University dormitory in St. George Campus, Canada.

Chestnut Residence occupies a 27-storey tower at 89 Chestnut Street in downtown Toronto, south of the University of Toronto's St. George campus and opposite the DoubleTree hotel. Built by Armstrong and Molesworth, it opened in 1972 as the Holiday Inn Downtown with 749 rooms, then the city's fourth-largest hotel. The university converted it into a student residence in 2004; a revolving room on the 27th floor, once the La Ronde restaurant, now serves as the student lounge The Lookout.

Built by Armstrong and Molesworth as a Motel 11, the building opened in 1972 as the Holiday Inn Downtown, then the city's fourth-largest hotel with 749 rooms, on the site of part of Toronto's First Chinatown. Hong Kong investor Sally Aw bought it for $73 million in 1989 and renamed it the Colony Hotel. The University of Toronto purchased it for C$67.6 million in 2003 and converted it into a residence in 2004.

The Chestnut Residence Council is the student body running social, athletic and community affairs, organising the annual Chestnut semi-formal, coffee houses and open mic nights, ski and snowboarding trips, and intramural sports tournaments. The building also holds a conference centre and The Lookout, a student lounge in the revolving room on the 27th floor, opened in 1972 as the La Ronde restaurant.

The building maintains 24-hour security, making it a safe environment for residents at any time. Its downtown location puts classes, libraries, and university facilities within easy walking distance for most students.

The 27th floor holds a revolving room opened in 1972 as La Ronde restaurant; it now serves as a student lounge called The Lookout. The university kept the hotel's chef on staff after buying the building, and Chestnut houses more international students than any other University of Toronto residence.