Concord CityPlace is a master-planned condominium community in downtown Toronto, built by Concord Adex on the former CN Railway Lands beside the CN Tower and Rogers Centre. It includes close to 30 residential towers, more than 12,000 units, and its own parks, schools, and retail strip, making it one of the largest urban residential developments in Canada.
What Is Concord CityPlace?
Concord CityPlace occupies 54 acres of land that used to be an active rail yard. Before 1999, freight trains ran through this stretch of downtown Toronto. Today the same land holds close to 30 towers and tens of thousands of residents. The project is being developed in phases by Concord Adex, and while most towers have stood finished for years, a few parcels near the western edge are still under construction.
Once every phase wraps up, the development will include roughly 9.5 million square feet of residential space and around 12,000 units. That scale is unusual for a downtown core. Few Canadian cities have a single project this size sitting a ten-minute walk from a financial district.
The build-out hasn’t been without surprises. During excavation for one of the later phases in 2015, crews uncovered the remains of a nineteenth-century schooner buried in the old rail lands. It was donated to Toronto’s Fort York Museum, where it remains a concrete reminder of what the land looked like before condominiums arrived. The public art budget tied to the project runs into the tens of millions of dollars, with pieces scattered through the parks rather than tucked into lobbies.
Where Is Concord CityPlace Located?
The community sits between Spadina Avenue, Bathurst Street, and Lake Shore Boulevard, running along the rail corridor south of Front Street. Walk five minutes east and you reach the CN Tower and Rogers Centre. Walk a similar distance south and you hit the Harbourfront. Union Station, which connects the subway, GO Transit, and VIA Rail, is roughly fifteen minutes on foot or a short streetcar ride away.
This location matters more than the map suggests. Residents without a car can reach most of downtown Toronto on foot, and several blocks in the neighbourhood carry walk scores in the 90s. Scotiabank Arena, home to the Leafs and the Raptors, sits within a similar walking radius, and the Gardiner Expressway runs along the southern edge for anyone who does drive.
How Much Does It Cost to Live in Concord CityPlace?
Prices here track the broader downtown Toronto condo market, so figures shift month to month rather than staying fixed. As a rough benchmark, resale units have recently averaged somewhere around $750,000 to $800,000 CAD, with studios and one-bedrooms sitting well below that number and larger family-sized suites pushing it higher. Rentals follow a similar pattern. A one-bedroom in an older tower typically rents for less than a comparable unit in a newer building with more amenities.
Maintenance fees vary a lot between buildings, sometimes by more than a dollar per square foot. It’s worth checking a building’s reserve fund and fee history rather than assuming one tower represents the whole community.
What Amenities Does the Community Offer?
The neighbourhood was planned as a self-contained community rather than a cluster of towers dropped onto empty land, and that shows up in three distinct layers of amenities.
Parks and Green Space
Canoe Landing Park anchors the community, with sports courts, a splash pad, and public art scattered throughout. Two smaller linear parks run along the edges of the development, giving residents somewhere to walk a dog or sit outside without leaving the area.
Everyday Retail and Services
A grocery store, several cafes, two daycare centres, and a handful of fitness studios sit at street level. It isn’t a shopping destination the way Yorkville is, but it covers daily needs without requiring a subway trip.
Building-Level Amenities
Most towers include a gym, a party room, guest suites, and a concierge desk. Newer buildings often add extras like a rooftop terrace or a co-working lounge, while older towers tend to stick to the basics.
Is Concord CityPlace a Good Place to Live?
That depends on what someone actually wants out of a neighbourhood. Watching this segment of the downtown condo market over time, a pattern shows up clearly: the community tends to suit young professionals who want a short commute and don’t mind a smaller footprint, and it suits investors chasing steady rental demand from that same group. It suits neither retirees who want quiet nor families needing a backyard.
The trade-offs are real. Density means crowded elevators at peak hours, ongoing construction noise near the unfinished parcels, and heavier traffic on Lake Shore Boulevard during rush hour. Anyone weighing this neighbourhood against other downtown options should set those factors against the walkability and the comparatively lower price point relative to older Toronto neighbourhoods.
How Does This Neighbourhood Compare with Other Downtown Toronto Areas?
Buyers weighing this neighbourhood against other downtown pockets usually end up comparing it to three areas in particular, and each comparison highlights something different.
Versus King West
King West trades density for character. It has more low-rise heritage buildings, a livelier restaurant and bar scene, and generally smaller residential blocks. This neighbourhood wins on green space and on having a grocery store and daycares built into the plan, but King West wins on nightlife.
Versus Liberty Village
Liberty Village sits further from Union Station and has weaker subway access, relying more heavily on streetcars and a longer walk to the core. It tends to run slightly cheaper per square foot as a result. This neighbourhood makes up the difference with a shorter commute into the Financial District.
Versus the Harbourfront
The Harbourfront corridor offers direct lake views and a quieter feel, but at a real premium and with fewer amenities close by. This community sits one block inland, trading lake views for lower prices and better transit access.
Are condos in Concord CityPlace a good investment?
It depends on the building and the timing of the purchase. Prices in this pocket of downtown Toronto have cooled from their 2022 peak, which has drawn investors looking for lower entry points, but rental yields and maintenance fees vary enough between towers that a single answer doesn’t hold up across the whole community. A building with low fees and a healthy reserve fund tends to hold value better than one that looks cheaper on paper but needs a special assessment down the road.
FAQ
Who developed this community?
Concord Adex developed the neighbourhood, converting the former CN Railway Lands into a residential district starting in the early 2000s and rolling the project out in phases ever since.
How many towers are in Concord CityPlace?
The plan calls for close to 30 residential towers once every phase is finished, though the exact count has shifted slightly over the years as later parcels were redesigned. Heights range from mid-rise buildings around eight storeys up to towers well past 60 storeys, so the skyline isn’t uniform the way some renderings suggest.
Is the CN Tower within walking distance?
Yes. Most buildings sit within a ten to fifteen minute walk of the CN Tower and Rogers Centre, and slightly less to Rogers Centre itself depending on which block a unit sits on.
