Welcome To Waterfront Communities C01
Waterfront Communities C01 is the MLS label for a big slice of downtown west: the Entertainment District, the Fashion District, King West and CityPlace, all wrapped by Bathurst, Queen, Yonge and the lake. It is the closest Toronto gets to living where you work… a wall of condo towers sitting over restaurants, gyms, theatres and a couple of stadiums, with the Financial District a short walk east. People move here to trade square footage and a backyard for never needing a car.
It is loud, busy and always under construction, and that is the deal. Cranes go up, a tower opens, the patios fill, and the strip reinvents itself again. If you want grass and quiet, this is not your hood. If you want to walk out the door into the middle of everything, it very much is.
Properties For Sale
Waterfront Communities C01 FAQs
Bathurst to the west, Queen Street to the north, Yonge and University to the east, and Lake Ontario to the south. It takes in the Entertainment District, the Fashion District, King West and CityPlace, and borders Harbourfront to the south and the King West stretch of Niagara to the west.
This is almost entirely a condo market. As a rough guide, condos and lofts have lately averaged around the low $700Ks, with smaller one-bedrooms well below that and larger two-beds, hard lofts and tower units climbing past $1M. Detached and semi-detached houses are effectively nonexistent inside these blocks. See the live statistics block below for the current quarter’s exact figures, or browse current listings.
If you want to walk to work, dinner, the gym and a streetcar and never touch a car, it is hard to beat. If you want a quiet street, a patch of lawn and an easy parking spot, you will find it tested daily.
Mostly not, and it does not pretend to be. Units are small and family-sized condos are rare, though the City’s TOcore plan is slowly nudging more two- and three-bedroom suites into new builds. For now it is couples and singles.
You are basically already there. St. Andrew and Osgoode stations on the Line 1 subway are a short walk, the 504 King and 501 Queen streetcars cross the area, and the Financial District is often quicker on foot than on transit.
Spots are expensive and street parking is close to a fantasy. Buy the locker and the parking if a unit comes with them, or plan to live car-free… most people here do.
Around the Neighbourhood
Cultural landmarks: the TIFF Bell Lightbox on King West, Roy Thomson Hall, and David Mirvish’s Royal Alexandra and Princess of Wales theatres, with the Rogers Centre, Scotiabank Arena and the CN Tower all inside the boundaries.
Hot local spots: Patria for Spanish small plates on King West, Lee for Susur Lee’s Southeast Asian cooking, and Alder, the Michelin-listed room in the Ace Hotel on Camden.
Parks & green space: Canoe Landing Park in CityPlace is the big open green, with Clarence Square, Victoria Memorial Square, HTO Park on the water and The Bentway under the Gardiner filling in the gaps.
Your Typical Neighbour
Working-age and on the move. This is one of the most adult neighbourhoods in Toronto… the City’s profile counted roughly 66,000 residents, the vast majority of them aged 25 to 54, with children and seniors each sitting well below half the city average. The area has grown sharply since with new towers. Most people rent, a large share of the condos are investor-owned, and a lot of residents work in finance, law, tech and marketing a few blocks east. Couples and singles, far more than families.
Source: City of Toronto Neighbourhood Profile, Waterfront Communities-The Island, 2016 Census
What We Love
Convenience, full stop. Almost everything you need is within a five to ten minute walk: groceries, the gym, a drink, a show, hundreds of takeout options. You can run your whole life without a car, and there is always something happening just outside the door. For people who actually want downtown living, this is about as downtown as it gets, and the lake and the island ferry are closer than newcomers expect.
What We Don’t Love
Greenspace is thin and hard-won, so it is a tough sell for dog owners despite the many dogs you will see. It is rarely quiet… there is a brief calm on weekend mornings before the city wakes up, and then it is busy again. Add constant construction, small floor plans, and buildings where half your neighbours are tenants and turnover is high. The good, well-priced condos still go to bidding wars, so move quickly when one lands.
Real Estate
This is one of the best condo selections in the city: conversion and purpose-built lofts, boutique mid-rises, glass towers and the odd townhome for people who need a little more room. Stroll Draper Street or around Clarence Square and you will also find a tucked-away collection of historic row houses. Most of the stock runs 400 to 800 square feet, built for first-time buyers and investors rather than growing families. Demand outpaces supply, the better units sell fast and at a premium, and you will pay for the location. New to all this? Start with our First-Time Buyer guide, or browse current listings on the Toronto property search.
(Current prices and days on market appear in the live statistics block below, updated quarterly.)
Schools
ELEMENTARY SCHOOLS
SENIOR SCHOOLS
Oasis Alternative Secondary School
City School
For school rankings and Fraser Institute scores, see our interactive Toronto school map
Transit
One of the most walkable neighbourhoods in the country, with everything reachable in five to ten minutes on foot. St. Andrew and Osgoode subway stations sit at the northeast edge, the Bathurst and Spadina streetcars run north-south, and the King and Queen streetcars run east-west, with the permanent King Street transit priority corridor keeping the 504 moving. Drivers reach the Gardiner in minutes via the Spadina on-ramp, though owning a car here is more habit than necessity.
Property Statistics in Waterfront Communities C01
Detached Houses - Statistics
Q4 2025
N/A
Average Price
0
New Listings
0
Properties Sold
N/A
Average Days on Market
N/A
% of Asking Price
semi-detached - Statistics
Q4 2025
N/A
Average Price
2
New Listings
0
Properties Sold
N/A
Average Days on Market
N/A
% of Asking Price
townhome - Statistics
Q4 2025
N/A
Average Price
0
New Listings
0
Properties Sold
N/A
Average Days on Market
N/A
% of Asking Price
Condos - Statistics
Q4 2025
$720,000
Average Price
744
New Listings
337
Properties Sold
40
Average Days on Market
97%
% of Asking Price
All Properties - Statistics
Q4 2025
$722,919
Average Price
754
New Listings
339
Properties Sold
40
Average Days on Market
97%
% of Asking Price
Source: TRREB Statistics
Want To Learn More About Waterfront Communities C01?
Reach out below and we'll be in touch right away.