About University Plaza
University Plaza is a 17-storey high-rise built in 2004 by Plaza Corp, offering 320 units in the heart of Toronto's Waterfront Communities. Located in the M5H postal area, this building attracts buyers and renters seeking proximity to downtown employment, waterfront access, and established urban living. Currently, there's one unit on the market, reflecting the building's desirability and stable resident base.
This waterfront location puts you steps from Lake Shore Boulevard, the Harbourfront, and easy access to the Financial District via the PATH system. The neighbourhood offers walkable access to shopping, restaurants, and transit connections, making it ideal for professionals and anyone looking to avoid a car commute. The rooftop amenities, including a putting green and patio, take advantage of the building's height and views.
Building amenities
rooftop putting green
rooftop patio
BBQ area
Frequently asked questions
What type of building is University Plaza?
University Plaza is a 17-storey high-rise residential building developed by Plaza Corp and completed in 2004. With 320 units total, it's a well-established presence in Toronto's Waterfront Communities neighbourhood. The building was designed to serve the downtown workforce and continues to attract residents seeking a central location. The structure includes amenities like a rooftop putting green, rooftop patio, and BBQ area, which reflect the building's focus on offering outdoor recreation space despite its urban setting. As a two-decade-old property, it represents a solid, mature residential tower with proven longevity in one of Toronto's most desirable neighbourhoods.
What's the neighbourhood like and how is transit access?
University Plaza sits in the Waterfront Communities C1 area, one of Toronto's most connected neighbourhoods for downtown workers. The building is adjacent to Lake Shore Boulevard and within walking distance of the Harbourfront, offering residents direct access to waterfront parks and recreational trails. Transit connectivity is exceptional, with the PATH system providing underground pedestrian access to downtown office towers and Union Station nearby. Local amenities include restaurants, cafes, and retail along the waterfront and in the adjacent downtown core. The neighbourhood has transformed significantly over the past two decades, with new condo developments and continued investment in waterfront public spaces. For those working in the Financial District or seeking an active urban lifestyle, this location combines convenience with access to green space.
What should a buyer or renter consider about University Plaza?
Prospective residents should know that units at University Plaza average around 600 square feet, typically configured as one-bedroom layouts suited to professionals or downsizers. As a 20-year-old building, it's important to review the condo's reserve fund status and maintenance fee structure, as these are standard considerations for any mid-rise or high-rise property. Ask the listing agent about recent capital improvements, the status of the building's mechanical systems, and what's covered under the monthly fees. The rooftop amenities, while attractive, should be considered in context of the building's overall condition and upkeep. Given the building's size at 320 units, you'll want to understand parking provisions, whether pets are allowed, and how the condo board manages the property. The waterfront location is a major asset, but verify that your unit has adequate natural light and confirm whether your specific suite includes balcony or patio space.