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Everything You Need to Know About 209 Fort York Blvd
Neptune and Neptune II Condos is a 2-building complex with a modern glass exterior, located near a pocket of nature in the Fort York neighbourhood. This property was completed in 2011 by Lanterra Developments with a total of 861 units.
Price of condos at 209 Fort York Blvd
When looking at transactions over the past 12 months, the average condo sale price ranges from $400,000 for a studio apartment, up to $1,140,000 for a 2 bedroom plus den. If you’re looking to lease, the average price for rentals can range anywhere from $1,600 to $3,500 a month.
If considering the cost per-square-foot, units here are selling at $974 PSF, and leasing at $4.00 PSF.
How many condos have sold and rented at 209 Fort York Blvd?
In the last 12 months, 95 units have rented, and 44 have sold.
Right now, there are 4 units up for sale and 1 listing for rent. On average, units will sell or rent with 16 days on market.
The Suites
Buyers who are seeking Toronto condos for sale have a lot of choice at 215 Fort York Blvd and 209 Fort York Blvd. With 861 units, there’s a vast selection of layouts and exposures. Suite sizes range from 318 square feet for a bachelor to 1,576 square feet for the largest 2 bedroom plus den.
Because this building was completed in 2011, all units are move-in ready. They have desirable features like floor-to-ceiling windows, hardwood floors, granite countertops, stainless steel appliances, and private balconies. Some suites even have exposed pillars, and corner units offer wraparound windows.
What amenities does 209 Fort York Blvd offer?
This development offers a strong list of amenities, adding to residents’ quality of life. Here are just some of the amenities found here:
- Concierge
- Gym
- Indoor Pool
- Sauna
- Guest Suites
- Rooftop Deck & Garden
Condo Fees
Maintenance fees are $0.77 per-square-foot, which is higher than the neighbourhood average of $0.73 per-square-foot.
Condo fees include water.
However, residents must pay separately for:
- Hydro
- Heat
- Air conditioning
The Neighbourhood
It's odd to attach the 'up and coming' label to an area with as much history as Fort York, but there's no better way to describe this suddenly trendy neighbourhood. Known as the Garrison, Fort York has been the site of many new developments in recent years. And given its prime location, this neighbourhood’s trendy ascent is likely to continue long into the future.
From the lobby doors at Neptune and Neptune II at Waterpark City, you're mere minutes from the Entertainment District. Sports fans can stroll to the Rogers Centre for a Jays game, or hop a streetcar for the Leafs and Raptors at Scotiabank Arena. If you're feeling touristy, then head to the CN Tower, ogle deep sea oddities at Ripley's Aquarium, or spend a day at Steam Whistle Brewing.
Deciding what's for dinner can be a difficult task — and it's about to get a lot harder for those living at 215 Fort York Boulevard. A short walk north will lead you to acclaimed King Street restaurants like Lee, Rodney's Oyster House, Spice Route, Jacob & Co. Steakhouse, Wilbur Mexicana, and more. Should you head east, you'll encounter casual favourites like Wayne Gretzky's, La Carnita, and Boston Pizza.
Nightlife is never lacking if you live near the Entertainment District, but that's especially true when you're also close to trendy bars in Liberty Village and King West. Local favourites include the Addison Residence for bars games and the occasional celebrity sighting, the Town Crier for imported beers in a classy pub, C’est What? for craft beers, and the Fifth Social Club and Orchid Nightclub for a lively evening.
What is the walk score of 209 Fort York Blvd?
Boasting an 81 Walk Score, residents at Neptune and Neptune II Condos can run most errands on foot. And with a transit score of 91, this area offers among the highest-rated public transportation in the city. But perhaps the most impressive is this neighbourhood’s bike score. This is a cyclist’s paradise with an extraordinary bike score of 98.
What is the local real estate market like?
In the Fort York neighbourhood, the market is fairly balanced. On average, properties are selling within 0.5% of their asking price. The rental market, however, is quite competitive with tenants paying about 2% above the asking lease price.
Building Age
Built in 2011 by Lanterra Developments, this condo is more than a decade old — solidifying its reputation as a long-time fixture of the Fort York community.
Transportation
Those who require public transit have nearby bus stops on Fort York Blvd and Fleece Street. You’ll also find regular streetcar service on Bathurst and Queens Quay, which continue on to Union Station for subway service.
Even drivers at 215 Fort York Blvd have it made with this location. A short drive south will bring you to Lake Shore Boulevard in minutes, making it easy to connect to the Gardiner Expressway. Given all this, it's not hard to see why the Neptune Condos have always been in such high demand.
Summary
There’s no doubt that 215 and 209 Fort York Boulevard offer good value, especially when it comes to downtown Toronto real estate. While the prospect of living in a development with over 800 suites may feel overwhelming, it’s important to remember that these are two condos joined by a podium. Whether you’re looking for an investment property or a place to call ‘home’, you simply can’t beat this condo’s location.
Listings For Sale
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Listings For Rent
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Property Highlights
Listing History for Neptune & Neptune II Condos
Stats, Trends & Rankings
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Building Trends At Neptune & Neptune II Condos
Days on Market
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Sales vs Rental Values For This Condo
How Often Are Units Listed?
Maintenance Fees
