Waterfront communities neighbourhood is located south of Queen Street between Bathurst and York, encompasses the sub-areas of the King West Theatre District, The Club District, The Fashion District, and Harbourfront. This neighbourhood includes mostly mid and high-rise condominium buildings with a handful of newer townhouses. While most contain smaller one or two bedroom suites and are less than 1500 square feet, there are some older buildings containing larger, more expansive units with large terraces and balconies and premium lake views. In fact, Harbourfront has the highest concentration of luxury condominium apartment buildings in Toronto. The area continues to build a number of new condominiums with an emphasis on making sure every unit has at least a partial lake view and a balcony.
Waterfront revitalization has been a hot topic of debate for decades but in the fall of 2001, all levels of government established the Toronto Waterfront Revitalization Corporation, to lead and manage a comprehensive renewal of Toronto’s waterfront. It is currently one of the largest urban redevelopment projects underway in North America. Full revitalization is projected to take 25 to 30 years and an estimated $17 billion in public and private funds to complete