Property Address
Description
Condo Project Summary
These two remarkable new condo towers are further transforming Etobicoke’s waterfront landscape.
2256 Lake Shore Blvd West Condos is a new mixed-use high-rise condominium development in Etobicoke. These pre-construction 35 and 18-story condo projects with 594 residential units are located at 2256 Lake Shore Blvd W in the Mimico neighbourhood.
These condo building will sit near Lake Ontario, on the northwest corner of Lake Shore Boulevard West and Legion Road.
Amenities
A modern white façade defines this condo’s light, airy exterior with two prominent towers rising from a six-storey podium. 2256 Lake Shore Blvd West Condos is generally rectangular in shape with the front of the building curving graciously as it follows a bend in Lake Shore Boulevard.
Retail and restaurant units can be found at street level, along with elegant lobbies and convenient mail rooms in both towers. In tower A, five retail units are also present on the ground floor. Tower B brings a convenient pet spa on this level, along with interior shared amenity space and three residential units.
Large balconies are present across this condo project, providing residents with excellent views and room for private relaxation outdoors. Four levels of underground parking make room for 394 vehicle parking, including EV parking spaces for electric vehicles. A total of 427 bicycle parking spaces are also available across both towers.
Residential units are available in the following distribution:
- Studio: 29 units
- One-bedroom: 149 units
- One-bedroom + den: 178 units
- Two-bedroom: 149 units
- Two-bedroom + den: 29 units
- Three-bedroom: 60 units
Ample elegant outdoor amenity space can be found throughout the development with multiple group seating areas and room for outdoor dining. Residents can enjoy barbecuing with friends and family while celebrating life’s pleasures.
A children’s outdoor play area is present with chaise lounge seating and an adjacent indoor amenity space. Parents and caregivers can enjoy the outdoors while children stay active and involved. A pet relief area provides welcome convenience for pet owners.
As a contemporary development, this condo project brings the leading amenities residents seek for advanced urban condo living.
Location & Neighbourhood
Toronto has many hotspots that present excellent real estate investment opportunities. What’s so special about Etobicoke? This area is facing rapid transformation and will continue to grow in the years to come, which is great news for investors.
Etobicoke is one of Ontario’s five Urban Growth Centres (UGCs), and is set to become one of the province’s most significant drivers of employment and housing. Every city has boroughs on its edges that drive prosperity and this is Toronto’s equivalent.
As a UGC, Etobicoke has a goal of increasing its population and jobs by 205% by 2031. En route to this achievement, this area is transitioning from a car-centred location into a pedestrian-friendly community supported by leading transit solutions. The value of its properties will only continue to increase.
In addition to being located in a burgeoning area, this condo also enjoys the benefits of immediate proximity to Toronto’s coveted waterfront. Historically, properties with waterfront views in the Greater Toronto Area (GTA) have been valued higher than those inland. While this condo project isn’t located immediately on Lake Ontario, it enjoys amazing accessibility to its shores.
Humber Bay Park East and West are just steps away with access to the Mimico Cruising Club, the Etobicoke Yacht Club, cycling trails, outdoor barbecue areas, rocky beaches, and much more.
This area presents attractive living which is going to become even more so. The City of Toronto’s Humber Bay Park Master Plan was launched in 2016 and involves rehabilitation and renovation. The park’s ponds and shoreline are being restored and enhancements are being made to landscaping, walkways, bridges, and boardwalks in the area.
Numerous additional new condo developments are already located along Lake Shore Boulevard West in Etobicoke, including award-winning communities. 2256 Lake Shore Blvd West Condos will contribute to the significant growth this stretch of the city is currently experiencing. As Toronto’s shoreline is built up over time, a scarcity of waterfront property and access to it will further increase this location’s popularity.
What about accessing Mimico? The City of Toronto is planning for significant waterfront transit network expansion, reflecting the continual growth the Etobicoke area will see in the decades to come. The city has announced plans for a comprehensive assessment of the transit needs in the waterfront area, from Long Branch in the west to the Leslie Barns Maintenance and Storage Facility in the east. A Waterfront East Light Rail Transit (LRT) line is being considered and it’s not unreasonable to presume the same will occur on the city’s western edge. Individual projects are currently in various stages of planning and approval, and more is set to come, paving the way towards vital prosperity.
Life in Mimico is vibrant. This area presents an ideal location for living outside the hustle of downtown Toronto while remaining connected to it. Motorists can reach the Gardiner Expressway in minutes for travel throughout the GTHA. Old Mill Subway Station is just fifteen minutes away by bus, connecting riders to TTC’s Line 2 Bloor-Danforth. Commuters can also access Mimico GO Station via a six-minute drive, with connections to the Lakeshore West GO line making Union Station less than 40 minutes away, with trains running all day. In addition, the 301 streetcar runs along Lake Shore bringing riders into the city’s centre and beyond to Neville Park.
For daily amenities and entertainment, residents can enjoy engaging with a wide array of restaurants and shops located along Lake Shore Boulevard. Metro is just around the bend for groceries and David Hornell Junior Public School is just a seven-minute walk away, among other public and private schools conveniently located in the area.
This coveted waterfront location provides amazing access to rejuvenating park land and beneficial connectivity to Toronto transit. Located in a rapidly developing area in an Ontario UGC, this condo presents an excellent choice as a route towards passive income generation for investors with an eye on the future.