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    Optima

    81 Navy Wharf Court

    5for Sale
    7for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    34
    Number of Units:
    404
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    473 - 2,000 SQFT
    Unit Availability:
    Medium

    Listing History for Optima

    Amenities

    Media Room
    Bike Storage
    Indoor Parking
    Games Room
    Visitor Parking
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 81 Navy Wharf CourtOptima

    If you have ever wished that you could watch a Blue Jays game live from the comfort of your condo, then Optima - City Place can make that wish a reality. East facing units in this condo literally look out onto the Rogers Centre, so if the dome is open then you have a private set of nosebleed tickets.

    Part of the CityPlace development — 81 Navy Wharf is an impressive 34-storey L-Shaped residence housing 404 downtown Toronto condos. Suites were designed for functionality and make great use of square footage.

    The building has a respectable list of amenities: pool, exercise room, sauna, party room, function room, parking garage, air conditioning, and security guards. And for Optima - CityPlace, the neighbourhood itself is an amenity on its own. CityPlace is an exciting location for young singles or couples looking to be part of an active community, and also happens to be a great place for those seeking Toronto condos for rent, due to the high concentration of buildings.

    The Suites

    Optima – CityPlace offers 1 bedroom, 2 bedroom, and 2 bedroom + den condos. The size of suites ranges from 530 sq. ft to 1170 sq. ft depending on the condo. All units are thoughtfully designed to maximize living space. Floor-to-ceiling windows bring in lots of natural light and allow for picturesque city views. Residents enjoy access to outdoor space via their private balconies, and those who are east facing and high enough can see the Jays play from the comfort of a patio chair.

    This condo has 24-hour concierge and security, so you can be certain that your unit will be secure and the atmosphere in the building will be friendly and respectful.

    Entertaining friends and family is easy at 81 Navy Wharf; your guests will feel welcome with visitor parking and available rental suites for short term stays.

    The Neighbourhood

    The CityPlace neighbourhood is one of the newer communities in Toronto. Skillfully planned from its first constructed condo, this neighbourhood enables residents to fulfill all their basic needs within the community. From groceries, to dining, to entertainment, everything you need is just outside your elevator doors. Residents are near the trendy clubs and diners in Liberty Village, or pubs and sports bars just around the corner.

    For nature lovers, the Lakefront can be quickly accessed via Spadina Avenue. Cyclists and joggers be warned — you might fall in love with this area. The Waterfront has a wealth of trails extending for kilometres from the Spadina Quay Wetlands to Marilyn Bell Park. In addition to trails, there are baseball diamonds, tennis courts, sailing and rowing clubs, and enough space to make you feel refreshed after a tough work week.

    Should you desire some green space as soon as you leave your condo, there is Northern and Southern Linear Park nearby, and Canoe Landing is only a few blocks west from 81 Navy Wharf Crt.

    Transportation

    Public transit does not get more convenient than this. Riders have many options for TTC, whether that be by streetcar, bus, or subway. Those who commute can catch the streetcar on Spadina or walk to Union station, where Go Transit can carry you to anywhere in the Golden Horseshoe.

    Residents who work downtown will likely find walking to be a reasonable option, as you can easily arrive at the Financial District in less than 20 minutes.

    Drivers will be thrilled by how quickly they can reach the Gardiner Expressway, located less than 400 meters to the south. Commuting through the city in rush hour can be stressful but you can rest assured that you will not spend one more minute in traffic than necessary.

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    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,897
    Average Individual Income
    $60,210
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $103,882
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    33%
    Semi Detached
    6%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Telugu
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    46%
    High School
    21%
    College
    13%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Math & Computer Sciences
    11%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Days on Strata

    Units at Optima spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 21 condos in the CityPlace area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    36
    Units were Rented over the past twelve months

    Best Value Rank

    Optima offers the
    ?
    best value out of 21 condos in the CityPlace neighbourhood

    Appreciation Rank

    Optima has the
    ?
    highest ROI out of 21 condos in the CityPlace neighbourhood

    Rental Yield

    Optima yields the
    ?
    highest rent prices out of 21 condos in the CityPlace neighbourhood

    High Demand

    Optima is the
    ?
    most popular building out of 21 condos in the CityPlace neighbourhood

    Transaction Insights at 81 Navy Wharf Court

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$668,000 - $791,000No Data$872,500 - $1,149,000No Data
    Avg. Cost Per SqftNo DataNo Data$1,038No Data$945No Data
    Avg. Wait for Unit AvailabilityNo Data182 Days37 DaysNo Data44 Days512 Days
    Ratio of Units in Building1%8%46%1%46%1%

    Maintenance Fees

    Optima vs The CityPlace Area

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