The Penthouse Collection

CityPlace: Master-Planned with You in Mind

As one of Toronto’s newest neighbourhoods, CityPlace is a master-planned community situated on 45 acres of land near Downtown Toronto. Formerly the Spadina Street Yard site, CityPlace is the culmination of years of planning and work. The result is a vibrant, exciting high-rise community close to all the exciting amenities that make Toronto one of the best cities to live in. 

Currently consisting of over 30 towers–with more to come–CityPlace is an exceptional community for those looking to work and live downtown with a commute-free and maintenance-free lifestyle.

The Properties

If you’re looking for high-rise living, CityPlace delivers. As a master-planned community, CityPlace consists of over 30 mixed residential and commercial high-rise buildings. There are a few mid-rise buildings and a small number of townhomes in the area, but the main focus here is high rises. 

Condo buildings here are modern and functional, with most units coming in at under 1000 square feet. Condo prices vary depending on the views, size, and finishings in the units, however, condos in CityPlace are generally more affordable than other neighbourhoods, ranging from the high $500,000s to $600,000s. 

The most iconic CityPlace landmark is the Parade Towers, connected by a fantastic two-storey glass SkyBridge. Fun fact: The top storey of the SkyBridge consists of two luxury condo units, known for being the “highest residences on a bridge.”

The Neighbours

With its close amenities, easy condo living, and easy access to Toronto’s busy downtown core, CityPlace attracts young professionals–mostly singles or couples. There is also an even split in the neighbourhood between renters and buyers. Its affordability and convenience are appealing for individuals who wish to live in a one-stop shop where their work, convenience, and amenities are all close together. Residents here also value healthy living and outdoor activity. It’s common to see residents taking advantage of the local parks, out for a jog or cycling in their spare time.

Neighbourhood Location

Everything You Need in One Place

The master-planned community of CityPlace is Toronto living at its finest. With convenient access to all amenities, beautiful green space, art installations, and friendly neighbours, this community is the definition of vibrant downtown living. 

The Amenities

  • Schools
  • Transportation
  • Safety
  • Outdoor Recreation
  • Entertainment


CityPlace is mostly known for housing young professionals, however, there are some young families in the area. There are several schools serving CityPlace including public, Catholic, French, and specialty art schools. 

Local Schools Include:


CityPlace is within walking distance to many other iconic Toronto neighbourhoods and landmarks like The Entertainment District, Fashion District, Kensington Market, Toronto Waterfront, Chinatown, and more. If you need to go a little further out of the Downtown core, there’s easy access to many subway stations and streetcar stops. Union Station, Billy Bishop, and the Gardiner Expressway are also easily accessible from CityPlace.

The nearest public transit stops are:

Outdoor Recreation

Don’t be fooled by the high-rise, concrete jungle, and proximity to Downtown Toronto. CityPlace is also a green neighbourhood with many beautiful parks and easy access to walking trails. Canoe Landing Community Park offers 8 acres of beautiful green space and lush gardens. It’s the central anchor in the community and a popular spot for locals to get some fresh air. It’s also the backdrop for the CityPlace Farmer’s Market and local Movie Night in the Park.  The neighbourhood is also situated within a 20-minute walk from numerous playgrounds, trails, sports fields, picnic facilities, botanical gardens,  and museums.

Local parks and green spaces include:


There’s no shortage of things to do in CityPlace, especially when you consider how close it is to other exciting neighbourhoods like The Entertainment District, Queen West, King West, and more. Whether you have a penchant for trying new restaurants, are a die-hard sports fan, or are obsessed with fashion, you can find your niche in CityPlace. 


With its proximity to the Toronto Waterfront, CityPlace restaurants are usually bustling with visitors. However, with many options like Sansotei Ramen, Fox & Fiddle, The Morning After, and The Landing, you can always find something to eat on short notice. 

Public Art

CityPlace is known to be one of the largest displays of public art in the city. Numerous eye-catching art installations can be found across the neighbourhood, some permanent and some temporary. Many condo lobbies are also home to exceptional pieces of art as well, adding to the beautiful, modern aesthetics of the community. 


Sports fans were born to live in CityPlace. Within walking distance to both the Scotiabank Arena and Rogers Centre, there’s easy access to sporting events year-round. 


Shoppers in CityPlace have a plethora of options. The area is home to many shopping mainstays and necessities, but true shopaholics also have the nearby King West and Queen West neighbourhoods for trendy boutiques and high-end retailers. 

See Available Properties in the Neighbourhood