How much does a house cost in Waterfront Communities?

The median sold price in Waterfront Communities, Toronto over the last 12 months was $605,000, across 920 sales. By home type: townhouse $1,050,000 and condo $605,000.

Is Waterfront Communities expensive compared to the rest of Toronto?

Waterfront Communities is the 18th most affordable of the 140 Toronto neighbourhoods with recorded sales by median sold price, at $605,000. The ranking covers every Toronto neighbourhood with recorded sales in the last 12 months.

How competitive is the Waterfront Communities housing market?

Homes in Waterfront Communities sold in a median of 70 days on market, closing at an average of 97% of the asking price. Homes here generally close at or below asking.

What is there to do in Waterfront Communities?

Waterfront Communities has 6 restaurants, 6 cafes and 6 grocery shops within walking distance. Places nearby include Terrazza, Lalibela Lounge and Paku Food Group.

Do you need a car to live in Waterfront Communities?

Waterfront Communities scores 60 out of 100 for walkability, 40 for transit and 62 for cycling. Transit covers some trips, but many residents drive. Scores are computed from the amenities and transit stops within one kilometre.

Is Waterfront Communities the same as CityPlace?

Yes. Waterfront Communities is also known as CityPlace, Fort York, Harbourfront and King West. This guide covers the same area under either name.

How much of a Down Payment Boost could I get in Waterfront Communities?

Zown shares its commission with buyers, up to $25,000, paid at closing. At Waterfront Communities's median sold price of $605,000, a Down Payment Boost works out to about $6,050 (1% of the price). Your amount depends on the home you buy and the commission offered on it.

Waterfront Communities, Toronto Neighbourhood Guide

Also known as CityPlace, Fort York, Harbourfront, King West.

Waterfront Communities is the 18th most affordable of the 140 Toronto neighbourhoods with recorded sales, with a median sold price of $605,000 over the last 12 months. 97% of what is for sale here is condo apartments. 804 homes are for sale on Zown today.

Waterfront Communities at a glance

Median sold price: $605,000 over the last 12 months, the 18th most affordable of the 140 Toronto neighbourhoods with recorded sales
How fast it sells: a median of 70 days on market, at 97% of asking
What you can buy: 97% of listings here are condo apartments, 804 on the market today
Getting around: Walk score 60 and transit score 40 out of 100
What you'll love: Somewhere to eat on every block, including Terrazza and Lalibela Lounge
What not to expect: It is a busy pocket, so expect street noise.
Your Down Payment Boost: About $6,050 at this neighbourhood's median price, paid at closing

Over the last 12 months 920 homes sold in Waterfront Communities, at a median of $605,000. That makes it the 18th most affordable of the 140 Toronto neighbourhoods with recorded sales. By home type that is townhouse at $1,050,000 and condo at $605,000. Sales closed in a median of 70 days on market, at 97% of the asking price against 98% city-wide.

What comes up for sale here is mostly condo apartments (97%), condo townhouses (2%) and semi-detached houses (1%). 804 homes are on the market in Waterfront Communities right now.

Within walking distance you will find restaurants such as Terrazza and Lalibela Lounge, cafes such as ThirdPlace and Saving Gigi and grocery shops such as Vince Gasparro's Meat Market and Bloor Fresh Market.

How much does it cost to buy in Waterfront Communities?

Median sold price by home type over the last 12 months, next to the same figure for Toronto.

Townhouse

$1,050,000

22% above the Toronto median

Condo

$605,000

3% above the Toronto median

How the Waterfront Communities market moves

Pace and competition over the last 12 months, next to the same figures across the city.

Days on market: 70
Sold vs asking: 97%
Homes sold: 920

What you can buy in Waterfront Communities

The 804 homes on the market today, by type.

Condo apartments764 (97%)
Condo townhouses14 (2%)
Semi-detached houses4 (1%)
Townhouses2 (0%)
Duplexes1 (0%)

Waterfront Communities price trend

Median sold price each month in Waterfront Communities against Toronto, over the last 12 months.

What your Down Payment Boost is worth in Waterfront Communities

Zown is a brokerage, so we earn a commission on the home you buy and give 1% of the price back to you, up to $25,000, paid at closing.

Home type	Median sold price	Estimated boost
Townhouse	$1,050,000	$10,500
Condo	$605,000	$6,050

Estimates only. Your boost depends on the home you buy and the commission offered on it, and it is paid at closing. It adds to your overall savings and is most often used for closing costs.

Run your numbers

Where Waterfront Communities is

Centred on the homes currently for sale in Waterfront Communities.

Map of Waterfront Communities in Toronto, Ontario

What's around Waterfront Communities

Places within about a kilometre of the middle of the neighbourhood.

Restaurants

Terrazza
Lalibela Lounge
Paku Food Group
Lalibela Restaurant
McDonald's
Monica's Bar

Cafes

ThirdPlace
Saving Gigi
Bloomer's
Tim Hortons
Star Glow
Shawl Cafe

Groceries and markets

Vince Gasparro's Meat Market
Bloor Fresh Market
Carling Mini Mart
A L Mini Mart
Ossington Minimart
Yatana Variety Store

Shops

Lux Nails
DK Nails & Hair
Toronto Darts & Games
Cosmopolitan Salon YYZ
Frena Beauty Salon
Designs By Nature Gems

Gyms and rec centres

Master Tommy Chang's Black Belt World
Toronto BJJ
F45 Training
Reunion Yoga + Pilates
Black Belt World
Yuj Yoga Studio

Going out

Lalibela Lounge
Monica's Bar
Theater of Human Health
Addis Live
Bar Hwunet & Cafe
Civil Liberties

Places data from OpenStreetMap contributors.

Getting around Waterfront Communities

Scores out of 100, computed from the amenities and transit stops within one kilometre of each home.

Walkable

60/100

Transit

40/100

Cycling

62/100

Restaurants

100/100

Shopping

30/100

Parks

26/100

Schools nearby

88/100

Quiet

24/100

Frequently asked questions

Explore other neighbourhoods in Toronto

All Toronto neighbourhoods

Homes for sale in Waterfront Communities

Sources

Prices, sales and listing counts refresh daily from the MLS. Last updated November 14, 2026.