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Vita On The Lake
Vita On The Lake
M8V
330
ACTIVE
LISTINGS
$962K
AVG SALE
PRICE
47
AVG DAYS ON
MARKET
About Vita On The Lake
Vita On The Lake is a 53-storey high-rise residential tower completed in 2022 by Mattamy Homes and Biddington Homes, located in the Kensington-Chinatown neighbourhood of Toronto. With 489 units across a wide range of sizes and price points, the building serves both owner-occupants and renters in one of the city's most dynamic mixed-use areas. Currently, over 200 units are listed for sale ranging from $280,000 to $7.0M, with another 165 available to rent at an average of $2,917 per month, reflecting the building's appeal to diverse buyers and tenants.
The building sits in Kensington-Chinatown, a neighbourhood known for its cultural character, street-level retail, restaurants, and galleries. Transit access is strong with proximity to streetcar and bus routes, and the area is walkable to downtown, the Entertainment District, and the waterfront. This location attracts a mix of young professionals, families, and investors seeking urban living in an established community with both local flavour and urban convenience.
Building amenities
gym yoga studio party room guest suites
Frequently asked questions
What type of building is Vita On The Lake and when was it built?
Vita On The Lake is a 53-storey high-rise residential tower that opened in 2022, developed by Mattamy Homes and Biddington Homes. The building contains 489 units across a spectrum of floor plans and price ranges, making it one of the larger residential projects in the Kensington-Chinatown area. On-site amenities include a gym, yoga studio, party room, and guest suites, supporting the building's role as a full-service residential community. The tower's scale and modern construction reflect contemporary urban housing standards and appeal to a broad range of residents, from first-time buyers to experienced investors.
What's the neighbourhood like, and how is transit access?
Vita On The Lake is situated in Kensington-Chinatown, a vibrant mixed-use neighbourhood with a strong cultural identity, independent shops, restaurants, galleries, and street-level activity. The area is well-served by transit, with nearby streetcar and bus lines providing connections across the city. Walking distance to the building includes access to local dining and retail on Spadina Avenue and surrounding streets, as well as proximity to the Entertainment District and the Toronto waterfront. The neighbourhood has traditionally attracted renters and buyers who value an established, walkable urban environment with established community character over newer, suburban-style residential clusters.
What should I look for when considering a unit in this building?
When evaluating a unit at Vita On The Lake, consider your lifestyle needs and how the building's amenities fit your routine. The gym and yoga studio are on-site, and guest suites allow you to host visitors without requiring a second bedroom. Unit sizes average around 954 square feet, though the building offers a wide range of configurations. If you're renting, the typical monthly cost is around $2,917, though this varies by unit size and lease terms. If you're buying, assess whether the unit aligns with your investment horizon and neighbourhood preference. Ask about maintenance fees, pet policies, parking availability, and any upcoming reserve fund contributions, as these affect the total cost of ownership or occupancy over time.
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For Sale 203 For Rent 127
Building details
TypeHigh-rise
Year built2022
Storeys53
Total units489
DeveloperMattamy Homes and Biddington Homes
Amenities
Gym Yoga studio Party room Guest suites
Postal code
M8V