If you want to live in areas such as downtown Toronto, your best option is a condo apartment. Specifically if you want to enjoy the lifestyle of Downtown Toronto, with all the entertainment it can bring. Younger crowd, closer proximity to transit, and entertainment, night life, jobs, etc made condo living even more attractive. So what are the best condos in Toronto to live and to invest in?
Most of the best condos in Toronto have been built in or around Downtown Toronto, some in Midtown Toronto. Toronto is also the home of some of the best condos in Canada.
10. The BerczyThe Berczy is a hidden gem in Toronto’s hot condo market, and is number 10 in the list, as one of the best condos in Toronto.
This small 12 storey Boutique condo building is located in 55 Front St E in the St Lawrence neighbourhood across from the famous Gooderham Building. St Lawrence also known as Old Town, has the classic Toronto charm. The Berczy Condos is surrounded by St Lawrence Market, The Berczy Park, and tons of other entertainment and amenities.
The Berczy condos were built by Concert properties in 2014. It consists of 166 suites, ranging from 565 sq ft to over 2000 sq ft. This building doesn’t have micro units, and is a boutique style building with green roofs and energy efficient amenities.
The price of a small 1 bedroom condo in this building starts from LOW $600Ks and a 3 Bedroom Penthouse could go Mid $2Ms.
9. Chocolate Company LoftsChocolate Company Lofts and condos are located in the trendy Trinity Bellwoods area in 955 Queen St West in Toronto.
The Chocolate company lofts was converted to condo lofts in 2004 by the reputable builder, PLAZA Corp.
Chocolate Company lofts have the classic look with the modern touch. Being in the proximity of trendy Trinity Bellwoods and Queen west, make this condo loft as one of the most favourite Condo Lofts in Toronto. Suites in this Toronto condo building are ranging from 460 to 1570 sq ft. An entry level loft in this building costs in the Mid $600Ks range.
This Condo has 144 Lofts in 6 storeys. Many old loft conversions in Toronto have the parking problem, but this building has underground parking.
8. INDX
This building is one of the best condos in Toronto for investment.
Originally, when it was under construction, it was supposed to be connected to the PATH system, but it hasn’t happened yet. The pathway under the building has been done but it’s not connected to the PATH yet!
This condo was built in 2015 jointly by Lifetime Developments and Centrecourt. Suites in this building range from Micro studio suites, smallest of which is 361 sq ft, to the larger 3 bedrooms 1155 sq ft.
The most important aspect of this condo which made this building more unique and a great one to invest is the location. It’s located at 70 Temperance St, in the heart of Toronto’s Financial District. The closest intersection is Bay St and Richmond St W, and it’s surrounded by office buildings, hotels, and restaurants.
The unique location of this condo made it very convenient for Finance professionals to call it home. It literally is steps away from many major Employers in Toronto, The big banks offices, Toronto Stock Exchange, Subway Station, and Eaton Centre. I’ve done lots of deals in Toronto’s condos and by far this is one of the best condos in Toronto to invest in my opinion.
7. E-CondosLet’s go to Midtown Toronto. E Condos is located in the heart of Midtown Toronto right on top the famous Yonge and Eglinton Subway Station.
This building is one of the top condos in Toronto and has DIRECT underground access to both Eglinton LRT and Yonge University ( Yellow Line) Subway. This building is 58 storeys tall and has 623 suites, ranging from 466 to 1240 sq ft. This condo building was built in 2019 by Bazis International.
E Condos is a great condo to Invest and to live in. It has tons of amenities from Rooftop Deck and Indoor Pool with gorgeous views. E Condos is literally close to everything, across the street from Yonge & Eglinton centre, which is by the way is connected to this building through the Subway pathways under the ground. In addition to those, in the proximity you have great Schools ( for families ), and parks, and restaurants and entertainment. Downtown Toronto is only a short subway ride away. So very suitable for those who work in Downtown.
By the way, Yonge and Eglinton has been among the top Toronto neighbourhoods several times, by Toronto Life Magazine.
6. Toy Factory LoftsSpeaking of the most popular condo lofts in Toronto? Toy Factory Lofts in TOronto is by far the most popular Loft Conversion in Toronto!
It’s located at 43 Hanna Ave, in the trendy Liberty Village, in Toronto’s King West neighbourhood. The conversion was done by Lanterra Developments in 2008.
Suites in this spectacular condo loft are ranging from 655 sq ft one bedroom loft, up to 3082 sq ft 3 bedrooms loft. Toy Factory lofts consist of 218 Lofts spreaded in 8 storeys. Mid $700s can get you into an entry level Loft here.
5. Ten YorkThis is a TRIDEL Built masterpiece south of the downtown core. Ten York condos located at 10 York St, Toronto is a 67 storey building. This building features a charming lobby and top of the line technology and amenities. It’s a luxury residential condo tower south of downtown core with access to Highway, Lake, Airport, and Subway.
The suites in Ten York are ranging from 564 sq ft up to 3858 sq ft, and this condo consists of 694 suites, and was built in 2019. Low $600Ks can get you in this building into an entry level suite. Proximity to the Entertainment District and Financial District and Lake Ontario across the street, all made this condo a destination for active young professionals.
4. Charlie
Charlie is one of the coolest names that you can name a condo. Charlie, one of the best condos in Toronto, is located at 8 Charlotte St, Toronto.
It was built by Great Gulf Developments in 2012. This building’s location is one of the best spots in Downtown Toronto. It’s located at King and Spadina in King St West, right in the middle of Toronto’s nightlife and entertainment. Charlie is within walking distance of Financial and Fashion Districts, and it has great transit access, it literally has everything you need in terms of location.
Suites here range from studios of 408 sq ft, all the way up to penthouses as big as 2028 sq ft. This is a very good condo for investment. As a Toronto Real Estate Agent, Charlie has always been amongst my top most favourite buildings in all across Toronto.
Charlie is 36 storeys tall and has 314 residential suites.
3. 88 Scott88 Scott was built by Concert Developments in 2018, and is located at 88 Scott St, in Toronto. This building is one of uniquely located buildings as well. It’s steps away from the King Subway station. Steps away from Financial District and Jobs. Steps away from St Lawrence area and St Lawrence Market. All in all this building is in a perfect location of Toronto’s Downtown Core.
88 Scott is a 58 storey condo building with 523 suites. The suite size range in 88 Scott is from micro 278 sq ft, up to an enormous 4500 sq ft penthouse.
It has very nice amenities such as indoor pool, rooftop deck and so on. The cheapest studio here would cost you in the mid $400s, and a one bedroom with a good view would cost you in the high $600s.
2. One Bloor
One Bloor East is a landmark sky scraper in Toronto located at 1 Bloor St E, in Toronto. It’s perfectly located right on the Yonge / Bloor intersection, which is the most important intersection in the whole Canada. One Bloor has direct underground access to both Major Subway lines in Toronto, the Yellow and the Green lines. It has the most perfect access possible to Transit in Toronto. It’s a short ride from the Highway and a few minutes subway ride to Downtown or Midtown Toronto. Most importantly, all that the globally famous Yorkville has to offer, is steps away from this building.
One Bloor was built in 2017 by the Great Gulf Development and it has 789 suites in 75 storeys. The suite sizes range from one bedroom suites of 530 sq ft, up to a penthouse of 5455 sq ft. A one bedroom suite here would cost in the Mid $700Ks.
1. Shangri-LaShangri-La condos and hotel is located at 180 University Ave, in Toronto’s Financial District. Shangri-La not only is one of the best condos in Toronto, but perhaps the most prominent residential building in the whole Downtown Toronto. You’ll notice this building not only from the Shangri-La brand associated with it, but from the unique sculpture at the entrance and the unique form of the building. This is #1 in my list, and this is a building that won’t disappoint, no matter how peaky you are in terms of condo living. The residential component has a true white glove concierge service.
You’ll have access to all the services that the hotel component provides such as a high end bar in the ground floor and other amenities the hotel has. If you are a world traveller who has many influential guests in the finance industry, you might find it the best option to call Shangri-La your residence. You can impress any visitor by living in Shangri-La. As a Toronto Realtor who has worked with many clients in Downtown Toronto, I can tell you that Shangri-La has easily impressed the most peaky buyers.
Shangri-La was built in 2013 by Westbank Corp. Westbank Corp is one of the best builders in not only Canada but the whole North American continent. Their newer project that would change Toronto’s skyline forever, is KING Toronto, which is currently under construction.
Shangri-La has 392 suites in 49 storeys, and the smallest suite there is 678 sq ft and the largest is 4430 sq ft. The entry level one bedroom here would cost in around low $800Ks.
Conclusion:Everyday Toronto is getting closer to becoming a major global city in the world. Thus investing and or living in one of the best condos in Toronto would be a goal for many Torontonians. In this article I reviewed the top 10 best condos in Toronto. They are the Condos that have been built already. Also there are several new condos under construction which will be future landmarks in Toronto. Among them, the best upcoming Condo by far is gonna be KING Toronto by Bjarke Ingles. If you need help with finding the best condo for yourself, you can get in touch with one of Toronto’s best real estate agents here