Luxury Condos For Sale in City Place

About City Place's Luxury Condos For Sale

This is City Place, a neighbourhood in the city of Toronto with 2 Luxury buildings with condos for sale. There were 155 Luxury condo units sold in City Place in 2020 when the average sale price for Luxury condos in City Place was $2,340. In 2020 Luxury condo units for sale in City Place had an average of 25 days on market. The Luxury condo building with the highest Dork Rating in City Place is Parade - CityPlace with a rating of 833 in 2020.

A Luxury living experience in an urban setting is a highly sought after commodity. Luxury is a word that is frequently used in real estate. It's a relative term and what may be a Luxury for one, may not be for another. The qualities that might be included in the definition of a Luxury condo for sale will be determined by the renter or buyer. In a modern market, buildings are in high competition to offer the client as many high-quality amenities as possible to set themselves apart. These luxuries should be present across a spectrum of criteria. They should include location, square footage, layout, design, finishes and services. Depending on the location and age of the building there may also be other features on offer. Features such as theatres, pools, saunas, full-size fitness centres and rooftop terraces. It would be fair to expect to find Luxury condos for sale that offer more square footage in urban centres. These units are located on the upper floors of the buildings and have high-end appliances and finishes. The more detailed definitions of those items will vary by city but should remain current and updated even in historic buildings. Windows, countertops, hardware and flooring should all be high quality and in excellent repair. Access to modern, technical necessities should also be seamless. The building itself should also be in an excellent location, offer spectacular views and cultural or architectural cache. The unit does not have to necessarily be housed in a high rise building. Although, Luxury in a lower rise building may be harder to find depending on the country. Hard lofts may be included in this category depending on the level to which they are executed and maintained.

City Place's most active Luxury condo building last year was Parade - CityPlace with 87 units sold. Montage - CityPlace had the highest average price per sqft in 2020 for Luxury condo buildings in City Place with an average price per sqft of $3.

Ease of living is a component that must also be given consideration. Residents are expecting to live maintenance and hassle-free. The presence of privacy and security will also factor in the Luxury of the building. Twenty-four-hour services should include concierge and security. A doorman may also be present although that may only cover daytime and evening hours. One sure way to find a building intended to offer top of the line features is the hotel unit. Whether purchased or rented, these units will come with all of the features the hotel has on offer. There will often be onsite restaurants and cafes. There may be dedicated elevator service, where hotel guests are restricted from accessing the floors on which residents are present, adding privacy. Fewer, larger units on residential floors will contribute to privacy as well. There will be daily cleaning available, all maintenance will be covered and with quick turnover. Gyms, spas and other beauty services will be at the other end of the phone. Most of these amenities, other than perhaps room service should be present in a Luxury building even if it isn't a hotel. Depending on the height of the building, garden or terrace units will add incentive to those who require private outdoor space. In a hotel, these may only be possible in units with rooftop access, or those designed with step-backs on the upper floors.

Railway Lands and Wellington Place are nearby neighbourhoods with Luxury condo buildings. This neighbourhood is Very Walkable with a walk score of 85. a Rider's Paradise is available in City Place. This neighbourhood is a Biker's Paradise with a bike score of 96.

City Place Condos For Sale

Located in Toronto, City Place is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 18 condo buildings to be exact, to its exciting streets. City Place is a perfect fusion of modern and hip condos, there are 18 High-Rise, 3 Pre-Construction and 2 Luxury. There are great options of condos for sale in City Place to call home. Condos for sale in City Place are on the market for an average of 21 days. There were 807 condos sold in City Place in 2020. City Place saw an increase in the number of condos sold by 442% compared to the year before. Last year condos for sale in City Place had an average sale price of $$665,864, an increase of 0% from the year before. City Place is Very Walkable with a walk score of 85. This neighbourhood is a Biker's Paradise with a bike score of 96. a Rider's Paradise is available in City Place. The neighbourhoods Railway Lands and Wellington Place are nearby.

A fresh cup of java or tea is never hard to find with Starbucks in the hood. Do you enjoy being in the kitchen? Pick up groceries at Craziverse. Do you love to be outside? There are great parks in City Place such as Canoe Landing Park and City place Dog Park. Metropolitan Pharmacy is a conveniently located pharmacy in City Place. If you enjoy reading you will be happy NCA Exam Help | NCA Notes and Tutoring is in City Place. The school in City Place is Euphony Piano Studio.

What to Expect

The ultimate in high rise living in the city. Central downtown location, choice of unique buildings and views and an emerging sense of community are setting this area apart. CityPlace is bounded by Bathurst Street in the west, Lakeshore Boulevard in the south,  Blue Jays Way on the east side and Front Street in the north. If you’re on the north side, the King streetcar will be your daily choice for transportation. The other buildings are being serviced by the Bathurst, Spadina and Lakeshore cars. There are also city buses that make regular roundabouts as well as access to the Gardiner/ Lakeshore Expressway. The pedestrian will love the accessibility of the Puente de Luz footbridge crossing over the Railways to Front Street The green space at Canoe Landing Park is well used by dog lovers, fitness enthusiasts and those who need a break from the downtown scene. This neighborhood was designed with imaginative and sensible urban planning that is paying off for the happy residents.

Demographics

The majority of the residents of CityPlace are are university educated, single owner/occupiers. Largely working age individuals between the 24 and 35, live alone, in units of approximately 730 sq ft. A place for the serious business professional, many of the residents work in the financial industry with others working in management and government positions. The average household income is $90,000, which is above the city average. There are roughly 15,000 residents now in this area which is double the density of most other neighborhoods in the city. Most residents are English speaking. 

Lifestyle

The main gathering place for those living in CityPlace is Canoe Landing Park, an 8 acre, mixed use, outdoor space. There is a community association that hosts events in the park and have installed recurring features such as the Farmer’s Market and Movie Night in the Park. There are recreational teams and plenty of room for dogs. The park is also home to a landscape of art instillations, the most famous of which is The Red Canoe. Most residents in the area access their services and retail outside of the neighborhood bounds. Almost completely residential, few people work in the area. Easy TTC transportation and access for pedestrians helps bring people to adjacent neighborhoods for work, trendy shopping and daily use services. These include the small businesses and cafes on King and Bathurst and the major event venues the Rogers Centre and The Air Canada Centre.  As a bonus, it’s just a few minutes down to the recreation areas on the Lakeshore.

What you'll love

Community Pride. As people flock to these centrally located buildings, a true sense of community and ownership of the space is emerging. You’ll get to know your neighbors in the shared outdoor space and at community events. Walking everywhere. The beautiful contrast of the Puente de Luz footbridge is an icon of the City Place pedestrian. But, you can also walk up Bathurst and Spadina or down to the lakeshore. There is no need for a car in CityPlace, when you’re this close to all of the downtown action. A plus for the fitness minded. Trendsetting. This neighborhood opened up so many new residential options in the heart of downtown. People wishing to move into the city from the 905 can skip right into the pulse of the downtown lifestyle.