About Ice Condos | Ice Condos Ii
Ice Condos is a 67-storey high-rise residential tower completed in 2016 by Lanterra Developments in Toronto's Waterfront Communities. With 1,343 units across a range of layouts, it's one of the neighbourhood's defining buildings. The current market shows 7 units for sale ($399,990 to $888,000) and 9 available for rent (averaging $2,850/month), reflecting strong demand in this central waterfront location.
Located in the C1 neighbourhood at the foot of Yonge Street, Ice Condos sits steps from the Esplanade, the St. Lawrence neighbourhood, and the Toronto Distillery District. The Yonge subway station and streetcar access make commuting straightforward. This location attracts young professionals, families, and investors drawn to walkable streets, lakefront views, and proximity to downtown employment and entertainment.
Frequently asked questions
What type of building is Ice Condos?
Ice Condos is a 67-storey high-rise residential tower built in 2016 by Lanterra Developments, comprising 1,343 units in total. The building features contemporary design typical of waterfront development and includes amenities common to large, modern condominiums in the area. The scale of the building and its mix of unit types make it a major presence in Toronto's Waterfront Communities neighbourhood. Residents benefit from the building's full suite of facilities and services, and the tower's height offers views across Lake Ontario and the city skyline. As a relatively newer building, it represents the modern residential standard for downtown Toronto waterfront living.
What's the neighbourhood like, and what's nearby?
Ice Condos sits at the heart of the Waterfront Communities C1 area, bounded by Lake Ontario to the south and the St. Lawrence neighbourhood to the north. The Esplanade runs directly along the building, offering parks, waterfront promenades, and easy access to the Toronto Islands ferry terminal. Yonge Street subway station is a short walk away, providing direct TTC access across the city. The St. Lawrence Market, The Distillery District, and the Gooderham and Worts Neighbourhood are all within walking distance. The area is pedestrian-friendly with restaurants, shops, galleries, and cultural venues concentrated on King Street, Queen Street, and surrounding blocks. Lake Ontario waterfront parks and the Martin Goodman Trail are steps away, making this location ideal for residents who value walkability, transit access, and recreation.
What should a buyer or renter know about living at Ice Condos?
Current listings show a mix of unit sizes, with an average of 2.2 bedrooms and 647 square feet, reflecting the building's range from compact one-bedrooms to larger two and three-bedroom layouts. Units typically range from studios to three-bedroom configurations, and price points vary accordingly. Before committing, ask about maintenance fees, which are a significant ongoing cost in a building of this scale. Request disclosure of any special assessments, condo reserve fund status, and the rules around pets and rentals. Building management and amenities matter, so tour common areas and review the condo document carefully. The building's age (built 2016) means most major systems are relatively new, but inquire about warranty coverage and any recent capital repairs. For renters, check the lease terms around pet policies, guest policies, and any building-specific restrictions. The waterfront location and central position make this building attractive to many, but ensure the building's financial health and management align with your expectations as a long-term resident.