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Description
Quayside Condo Project Summary
This is the next stage of an exceptional master-planned community on Toronto’s sparkling waterfront.
Quayside Building 2 Condos is a pre-construction condo project by Dream Unlimited and Great Gulf that is coming to Toronto’s East Bayfront neighbourhood. This high-rise will be located at 259 Lake Shore Blvd E, at the northwest corner of Parliament St and Queens Quay E. Standing 55 storeys tall, it will offer 638 new condo and rental units in a wide range of sizes, from studios to 4 bedrooms.
Homebuyers will be joining the exciting Quayside master-planned community, which will see a vibrant mix of residential, community, and retail use within eye-catching buildings and green spaces. This will be a forward-thinking, community-focused landmark development with prime access to parks, transit, and more.
Amenities
The next development block of the Quayside master-planned community — following the first phase of buildings known as The Overstory, The Western Curve, and The Timber House — will see a slim 55-storey building rise from the heart of Quayside.
Quayside Building 2 Condos will be the 3rd in a series of 5 high-rises along the north section of the Quayside lands, sitting on the south side of Lake Shore Blvd E and the west side of Small St.
We can expect a striking architectural design for this tower that will match the ambitions of the Quayside project, which aims to create an iconic and show-stopping waterfront for all Torontonians to enjoy.
Quayside Building 2 will offer 638 new home dwellings, including 483 market-rate condos and 155 affordable-rate rentals. These units will range from studios to 4 bedroom suites ideally suited to various living situations, thus creating a dynamic community of people from all walks of life.
The unit breakdown is as follows:
- 27 studio condo units
- 293 one-bedroom condo units
- 114 two-bedroom condo units
- 49 three-bedroom condo units
Rentals:
- 6 studio rental units
- 51 one-bedroom rental units
- 66 two-bedroom rental units
- 22 three-bedroom rental units
- 10 four-bedroom rental units
Residents of Building 2 will have access to Quayside’s uniquely splendid and life-enriching community spaces, including the central 2-acre forest and shopping promenade. Building 2 alone will feature nearly 8,000 square feet of indoor and 3,500 square feet of outdoor amenities on the ground level and the entire 2nd floor. With the Block 1 buildings, 288 vehicle parking spaces and 3,192 bike parking spaces will also be available.
Location & Neighbourhood
Quayside Building 2 is located at the heart of the East Bayfront neighbourhood, which provides much-sought-after views and access to the lake and its beaches, islands, and parks. It also boasts fantastic public transit and shopping options.
From here, buyers can enjoy sky-high walk, transit, and bike scores, demonstrating how easy it is to get around and find daily necessities within reach. Several TTC bus stops can be found along Queens Quay E, Parliament St, and Lower Sherbourne St. Union Station is a 15-minute bus trip away.
Future transit developments are slated to bring streetcar service to the East Bayfront neighbourhood. The Waterfront East LRT is a planned expansion that will see improved transit access along Queens Quay, from Bay St to Cherry St. Therefore, properties along Queens Quay, like Quayside: Building 2, can expect a boost in value as transit options expand and getting to Union Station will be easier and faster than before.
Additionally, a future stop on the Ontario Line, a brand new subway route, will be within walking distance in nearby Corktown. The closest station is about 1 kilometre north of Quayside.
Motorists can also enjoy convenient access to the Gardiner Expressway, which runs adjacent to the Quayside lands and provides a seamless connection to the Don Valley Pkwy, less than 2 kilometres away.
Everyday essentials like food are easily accessible. Condo dwellers can pick up groceries at Loblaws or Farm Boy, just a short walk from home. They can also find many casual and fine dining restaurants within walking distance, such as Cluck Clucks Chicken & Waffles, El Catrin Destileria, and Cluny Bistro & Boulangerie.
Fantastic city attractions are also nearby. The Distillery District is a 15-minute walk from here, providing a heritage-filled shopping and tourist destination for weekend enjoyment. St. Lawrence Market also offers many unique culinary products and experiences. And, of course, Toronto Eaton Centre is easily accessible by the TTC.
The waterfront boasts many beautiful and relaxing beaches, parks, and trails. The outstanding Cherry Beach, Tommy Thompson Park, and the Toronto Islands are a hop, skip, and jump away from home. Additionally, Sherbourne Common is less than 5 minutes away and offers a seasonal ice rink and dog-friendly green space right by Lake Ontario. And, of course, the iconic CN Tower, Rogers Centre, and Scotiabank Arena are a short bus trip along the waterfront, providing coveted access to the city’s biggest and best entertainment and views.
Unbeatable transit access makes this project perfect for post-secondary students, workers, and families. George Brown College—Waterfront Campus is steps away, making it very easy to get to class. The University of Toronto and Toronto Metropolitan University are conveniently located 30 minutes away by public transit. Proximity to these major post-secondary institutions means that investors can easily rent out units to students.
Toronto’s waterfront is shaping into one of the city’s most in-demand neighbourhoods. This is the place to live to enjoy enviable beach access, stunning lake and/or city views, unbeatable transit access, and proximity to Toronto’s world-class entertainment venues. Homebuyers and investors alike can expect a lot of demand for homes in the Quayside community. Invest early to take advantage of East Bayfront’s coming growth. Contact a GTA-Homes Platinum Agent today.