For some, having a condo that sits on the shore of Lake Ontario is a dream. With waterfront condos in Toronto, being able to enjoy a leisurely walk along the Toronto shore in the summer or just enjoying the waterfront view is not out of reach. Being near the city core can also be reasonably priced relative to others downtown.
As with all projects, prices depends on several factors like finishes, waterfront location (directly on the water or close by) and the developer. One upcoming project in the area is the One Yonge project by Pinnacle developments. It’s a multiphase waterfront project with the first tower having a lower starting price than the second and third.
If you’re looking for new waterfront condos, Toronto offers only a few for sale right now. Over the years, the desire to have residential units along Lake Ontario has seen a great increase in demand. Developers have taken notice and there are a lot of units on Queens Quay, Yonge Street, Sugar Beach, and Humber Bay Park. However, according to city zoning, there will be plenty more in the coming years especially in Toronto, Ontario. Port Credit in Mississauga is also set to see new developments and amenities just along the water. If you’re looking for a less expensive area, maybe you should consider a new condo in Port Credit.
New condos in the Queens Quay downtown waterfront site, like the Lighthouse West Tower, are in high demand as well. Joggers, cyclists, and residents who walk their dogs love the lakefront promenade that came with the Queens Quay expansion on East Bayfront. This community is home to Harbourfront Centre, which is popular for its Harbourfront Circus. The community is located close to Union Station and Financial District as well, making Queens Quay an ideal residential location for executives.
New waterfront condos like the Harbour Plaza are also available in York & Lake Shore at the quay. Harbour Plaza is developed by Menkes, a top home builder in Toronto. If you love a nice view, Harbour Plaza gives you that plus nearer access to the Toronto Financial District and Union Station.
Aside from Queens Quay, another popular Toronto waterfront location is the Daniels Waterfront. Daniels Waterfront is a development located on the Sugar Beach lake shore. But if you’re one who’s interested at the Humber Bay Park neighbourhood, there are new condos near Humber Bay Shores Park and Humber Bay Park East. Living in these units will give you stunning views of Lake Ontario.
Fernbrook Homes and Pier 27 residential units in Toronto’s waterfront are also gaining residents’ attraction, with its high-rise tower rising at the foot of Yonge Street. Menkes has proposed a new large-scale waterfront project located close to Yonge Street and Lakeshore Boulevard East. Moving east, there’s an area south of Lakeshore Boulevard East that has amazing views and lake access. This place will be turned into a mixed-use community. Moving west, there are good residential waterfront choices on Lakeshore Boulevard West like Vita on the Lake.
With these condos in Toronto, Canada, you’ll find all the amenities you need for a lakeside lifestyle.
If you’re looking on the less expensive side, but being on Toronto’s waterfront is still a must, head east into Scarborough. The further you go out from the core the lower the prices will be.
Not a fan of Scarborough? There are some great Toronto waterfront condos in Etobicoke too. Both have great access to GO trains to get you downtown which is a luxury compared to sitting in traffic. Especially if you work and need to get into Toronto city daily.
If you’re willing to living outside Toronto, there are a great deal of Toronto waterfront condos coming to Port Credit. Over the next few years, there are 3 large condo complexes that are coming to this Toronto area ranging from basic to luxury. The prices are relatively lower compared to Toronto, Etobicoke and almost the same as Scarborough.
There are plenty of options when it comes to Toronto waterfront condominiums. Use our map above to narrow down your search. If you’re feeling overwhelmed or just have questions regarding any Toronto project please feel free to reach out. If we don’t have the answers, east assured that we will get them for you.