City Place Properties and Neighbourhood Guide

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City Place Properties and Neighbourhood Guide

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City Place Neighbourhood Guide

Welcome to City Place:

A remarkable feat of urban redevelopment, City Place is a master-planned community on the shores of Lake Ontario that has breathed new life into Toronto’s long-vacant railway lands. Nearly complete, the community is now home to an estimated 15,000 people living in sleek, modern condominiums anchored by the eight-acre Canoe Landing Park. Offering easy access to the lively entertainment and business districts, as well as lovely lakeshore trails for running and biking, City Place is an excellent option for young professionals and small families who want to live an exciting urban lifestyle.

Highlight:

Canoe Landing Park, an eight-acre oasis at your doorstep, and the proposed Rail Deck Park, which will bring a spectacular new green space into the community that some say will rival New York’s Central Park.

Neighbours:

City Place begins at Bathurst Street in the west and reaches across to Rees Street and Rogers Centre in the east; it begins at Front Street on the northern edge and runs all the way down to the lakeshore. The Torontonians who live here tend to be young, well-educated and affluent urbanites who love the excitement of downtown living and the fantastic amenities of this master-built community. After-tax household income hovers around $70,000 per year, and condo prices remain among the most affordable in the downtown core, ranging from $298,000 to $1.2 million, with the average price hitting the $475,000 mark.

What you'll fall in love with:

City Place is like a small town in a big city – just about everything you need is right here in your neighbourhood. There’s an urban Sobeys in the heart of the community and a good selection of restaurants, including the popular Hunters Landing bar grill for Canadian fare. There’s a public library, a pharmacy and, soon, there will be a school and a daycare as well. And if you’re ever bored, you’re within easy striking distance of the whole downtown core, with a cornucopia of shopping, eating and entertainment options. The best of the city is right on your doorstep.

The lifestyle:

The ultimate urban community, City Place is a mecca for young, upwardly mobile professionals looking to make their mark in the big city. An abundance of new, small and reasonably affordable condominiums has drawn thousands of millennial singles and couples who don’t mind living in a compact space because they spend most of their time at work or out on the town. With fantastic amenities in most condominiums – gyms, party rooms and, in some buildings, a pool – and most shops and services within walking distance, City Place offers a minimalist, car-free lifestyle.
The chief recreational space in the neighbourhood is Canoe Landing Park, an eight-acre oasis featuring art pieces by Canadian writer and artist Douglas Coupland, the most notable among them being a large red canoe. There are two multi-purpose sports fields here, several walking paths and a splash pad for children. Locals practice yoga here on summer days, and the area is popular with dog walkers, too. If you’re up for a long run or bike ride, hop on the Martin Goodman Trail, which will take you all the way to the Beaches and beyond. Or hop a ferry to the family-friendly Toronto Islands and spend a leisurely, sunny afternoon on one of the beaches.
Rogers Place is right in the neighbourhood, so you can walk over to see the Raptors or Blue Jays play, or catch the biggest concerts that come to town, from Justin Bieber to Beyoncé. Toronto’s beloved Maple Leafs play home games at the Air Canada Centre, just east of the neighbourhood. You’re steps from the city’s hottest club scene, with dozens of night club options a short cab ride away in King West Village. Take in a movie at the Bell Lightbox or take your pick of the city’s best musicals, plays and symphony performances – it’s all right there in the Entertainment District. The spectacular Harbourfront Centre hosts hundreds of events annually, and is a short walk away.

A little bit of history:

The concrete jungle where these glistening modern condominiums now stand was, for most of Toronto’s history, an industrial tract frequented only by rail cars. The CN Railway was constructed here in the 1850s, and remained the principal business in the area until the 1960s, when CN moved its operations outside the core. The area languished for decades, even after the construction of the nearby CN Tower in the mid-1970s and the Metro Toronto Convention Centre and Rogers Centre in the 1980s. Air Canada Centre opened in 1999 and a few years later, Concord Adex Developments proposed an ambitious plan for construction of the City Place community. Construction started in 2003 and the final phase is  set expected to be complete in 2019.
Area residents are looking forward to the construction of the proposed Rail Deck Park, a $1 billion, 21-acre park that would cover the remaining rail lands in the area. Toronto Mayor John Tory has billed the project as the “last chance” to build desperately needed green space into Toronto’s downtown core; some have said the Rail Deck Park could become Toronto’s version of New York’s Central Park.

Prices:

On average, you’ll spend about $475,000 on a condominium in City Place, though prices can go as low as $298,000 for bachelor suites and as high as $1.2 million for prime units.

House Style:

The condo is king in City Place, and most here are smaller units designed for singles and couples.

Local Schools:

There are no schools in City Place, as most of the condos here are small and were not intended for families. However, as Toronto real estate prices have skyrocketed, many City Place residents have found they’d been priced out of more kid-friendly neighbourhoods, and decided to start families right here. As a result, the school board has promised to build a new, joint public-Catholic school in the community as part of the Block 31 development. It is expected to be completed in 2019.

 

Commute:

You’re a heartbeat from the lakeshore and if you work in the core you can walk to work in just minutes. It’s just 15 minutes on foot to Union Station, and less than 10 minutes by car, bike or transit. The fastest way to get up to Yonge and Bloor is by car or bike, which will take about 15 minutes; the TTC takes about 25 minutes, and walking takes about an hour.

City Place on a map


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