About The Lotus
The Lotus is a 17-storey high-rise in the Annex with 155 units, developed by Shiu Pong Developments and completed in 2008. This building offers a mix of one and two-bedroom homes averaging around 700 square feet, with one currently for sale and two available for rent at roughly $2,825 per month. Residents enjoy concierge service, a full gym, yoga room, and spa facilities that support an active lifestyle in one of Toronto's most walkable neighbourhoods.
The Lotus sits in the heart of the Annex, steps from the University of Toronto campus, bookstores, cafes, and restaurants along Bloor Street. Transit access is excellent with Spadina subway station nearby, making commutes across the city straightforward. This location appeals to professionals, students, and anyone seeking walkable urban living with cultural institutions and academic energy at your doorstep.
Building amenities
concierge
gym
yoga room
spa facilities
Frequently asked questions
What type of building is The Lotus, and what can I expect from the amenities?
The Lotus is a 17-storey residential high-rise with 155 units, built in 2008 by Shiu Pong Developments. The building prioritizes resident wellness and comfort with a dedicated concierge team available during business hours to assist with packages, reservations, and building inquiries. A full fitness centre keeps residents active, while a dedicated yoga room supports daily practice and stretching routines. The spa facilities include facilities for relaxation, making it easy to unwind without leaving home. These amenities reflect the building's focus on creating a residential community that goes beyond just providing shelter, though you'll want to confirm current hours and any membership or usage policies when considering a move.
What's the neighbourhood like around The Lotus, and how is transit access?
The Lotus occupies one of Toronto's most vibrant and walkable neighbourhoods. You're steps from the University of Toronto campus, which brings cultural events, bookstores, and an intellectual atmosphere to the area. Bloor Street is lined with independent shops, restaurants, and cafes reflecting diverse cuisines and price points. The Spadina subway station is within walking distance, providing direct access to downtown and easy connections across the city via Line 1. This location suits anyone who values being on foot, with grocery stores, pharmacies, and entertainment all nearby. The Annex also has a strong rental market and appeals to professionals, graduate students, and anyone prioritizing walkability and public transit over car ownership.
What should I know about units and living here as a buyer or renter?
The Lotus houses 155 units ranging primarily from one to two-bedroom layouts, with average unit sizes around 700 square feet. One-bedroom units are well-suited to individuals or couples prioritizing location over space, while two-bedroom homes work for small families or anyone wanting a home office. When evaluating units, ask about maintenance fee structures, as high-rise living in an older building (built in 2008) typically involves steady utility and building upkeep costs. Inquire about pet policies, parking availability, and locker or storage options, as these details vary and can significantly affect your living experience. The building's concierge and on-site amenities add convenience, but it's worth confirming their current hours and any usage rules before committing. Check recent capital reserve fund reports if you're buying, as they reflect the building's long-term financial health.