Optima is a 34-storey high-rise condo built in 2003 by Concord Adex as part of the larger CityPlace development. The building contains 404 units and was designed to be a cornerstone of Toronto's Waterfront Communities neighbourhood. It's a mid-rise-era tower with full amenities including an indoor pool, exercise facilities, billiard lounge, board room, guest suites, and visitor parking. Fibre optic internet is available throughout. The building benefits from mature management and a stable, mixed-tenure community. Most units are 1- or 2-bedroom layouts, with an average size around 620 square feet. Parking is available to residents, a valued feature in the downtown core.

Optima sits in CityPlace, a planned waterfront neighbourhood in Toronto's Waterfront Communities area (postal code M5V 3S2). The location is exceptional for urban living and transit access. Union Station is a short walk away, providing GO Transit connections and the subway. The Bathurst streetcar runs nearby for east-west travel. You're steps from the Harbourfront, with parks, walking trails, and water access. The St. Lawrence neighbourhood, with its historic market and restaurants, is close by. The Distillery District and Toronto Islands are also nearby. The area is pedestrian-friendly with retail, dining, and services integrated throughout. Many residents choose this location for the combination of downtown convenience, water views, and established public transit.

Optima offers a range of 1- and 2-bedroom units averaging around 620 square feet, suitable for singles, couples, and small families. As a 20-year-old building, it's past its initial phase and has proven systems and management in place. When evaluating a unit, check the view orientation, natural light, and noise levels, as waterfront-adjacent towers can face both benefits and challenges from proximity to water and traffic. Parking is available, which matters in a downtown location where street parking is limited. Review the building's reserve fund study and current maintenance fees, which are typical for high-rise downtown buildings. Guest suites are available for visitors, and the building offers fitness and recreational spaces, reducing the need for external memberships. The fibre optic internet is a practical feature for work-from-home professionals. Consider your commute, proximity to your workplace or school, and whether the building's amenities match your lifestyle.