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    River City II Lofts
    by Urban Capital Property Group

    20-38 Trolley Crescent

    5for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    11
    Number of Units:
    240
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    337 - 1,900 SQFT
    Unit Availability:
    Medium
    Property Management:
    Crossbridge Condominium Services Ltd.

    Listing History for River City II Lofts

    Amenities

    Lap Pool
    Gym Room
    Visitor Parking
    Bike Storage
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 20-38 Trolley CrescentRiver City II Lofts

    The River City Project — which includes River City I Lofts and River City Phase 3 — has brought more than 1,100 homes to the area, with almost 250 of these Toronto lofts located at 32 Trolley Crescent, or River City 2 Condo Lofts.

    And when there’s an international competition for who gets to build on a piece of land, you know the result is going to be good. Eighteen plans were considered before the honour of developing a portion of the West Don Lands was granted to a Toronto-based firm, Urban Capital.

    Comprising three parts, known as phase 1, phase 2, and phase 3, Urban Capital’s proposal for the River City clearly won over the hearts of the jury. Moreover, the developers’ focus on innovative techniques, along with their careful consideration of factors like the marriage of elegance and functionality and environmental friendliness, positioned them perfectly to get this particular job done right. For one, the River City complex was the first carbon neutral multi-residential projects in the city.

    River City 2 Lofts is technically made up of three buildings in and of itself, however they feel more like one large structure thanks to the enclosed walkways that provide passage between them. The building also boasts a concierge and a gym, while the remaning extras at 32 Trolley Crescent are less utilitarian, and more amusing: an outdoor garden, a pool, a shared rooftop terrace, and a movie room are all available for residents to use.

    Nicknamed “the Jewel of River City,” the white exterior was designed by Saucier + Perrotte to juxtapose its darker-hued neighbours. The colour scheme also functions to make the building appear light and airy, like a cloud rising above the river below. The architecture is also modern and slightly angular, and essentially resembles no other building in Toronto.

    Perhaps this is why the building has received so much attention, and even praise, since its construction in 2015. That very year, both Urban Toronto and BlogTO named 32 Trolley Crescent one of their favourite new buildings. Even more impressively, River City 2 Lofts has received 8 Governor General medals for its architectural superiority in the short time since its construction.

    The Suites

    It’s not just the building as a whole that’s impressive at 32 Trolley Crescent — the individual homes are also sights to be seen. With around 250 units, it’s no surprise that these soft lofts range considerably in size. Simple bachelor units start at around 400 square feet, perfect for a single professional or a young couple. Moving up in size, the largest units feature two bedrooms plus a den, and reach to 1,900 square feet.

    Prospective buyers who require some outdoor space are all in luck at River City 2 Lofts, as all of these lofts are equipped with balconies. For those who really can’t get enough of the outdoors, the two-storey penthouse units have the biggest outdoor areas of all.

    Toronto condos for sale at 32 Trolley Crescent are the epitome of the soft loft style: they feature open concept layouts, floor-to-ceiling windows, high ceilings, and exposed concrete finishes. These are ideal for buyers who want the wide-open feel of a loft, with the modern finishes of a contemporary condo.

    The Neighbourhood

    The River City Project is located in Corktown neighbourhood, in an area often referred to as The West Don Lands. This area is cordoned off by natural and artificial boundaries: the Don River is just to the east, while a rail line forms its southernmost border. This way, the neighbourhood has that ideal blend of industrial and natural — it’s both dynamic and relaxed.

    As a pre-planned neighbourhood, the area is also more innovative than others. The West Don Lands pioneered the use of “woonerfs,” a method of traffic calming that originated in the Netherlands and is widely used throughout Europe. Set just east of the financial district and the bustling Yonge-Dundas Square area, the West Don Lands has a real community atmosphere that attracts people from every walk of life.

    In just a short walk, residents of River City can reach a number of neighbourhoods, each with a unique character of its own. The Distillery District, where art galleries and elegant boutiques set in heritage buildings line the cobblestone roads. Also nearby is St. Lawrence Market, which was once named one of the best food markets in the world by National Geographic.

    While River City is quite obviously located in the centre of a metropolitan city, it benefits from being surrounded by green spaces as well. Riverdale Park is a great place to spend a day in the spring and summer months, with its baseball diamonds, cricket pitch, and outdoor swimming pool. The Don Valley Trail that follows the river is also a great way to have a hiking adventure without leaving the city — or even the neighbourhood for that matter.

    Transportation

    By living just below the intersection of Queen and King Streets East, residents are well positioned to travel throughout the city. Streetcars along King and Queen will land passengers at the Yonge subway line, where one can connect with trains moving north and south. Alternatively, the 65 Parliament bus route is ideal for those who want access to the Bloor-Danforth line.

    Drivers, on the other hand, will love how close they live to the Don Valley Parkway and the Gardiner Expressway. Both of these routes are fast-paced options for making one’s way outside of the city. For local travel, Richmond and Adelaide are great one-way streets for rides to and from the city centre.

    As for weekend getaways (or lengthier ones, at that), Go and VIA Rail trains leave from Union Station, which can be reached in under 10 minutes by car or just over 15 on public transit. Even Pearson International Airport can be reached from River City 2 Lofts, in just one hour without a car, or 25 minutes when driving.

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    Nearby Amenities

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    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
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    0 persons
    Average Age
    6
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages
    Telugu
    1%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Mandarin
    6%
    Cantonese
    6%
    Tamil
    3%
    Other
    81%
    Education
    High School
    23%
    Apprenticeship
    3%
    University and Above
    40%
    College
    15%
    University Below Batchelor
    3%
    None
    14%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    22%
    Humanities
    4%
    Physical Sciences
    5%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Education
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    25%

    Price Trends

    Building Trends At River City II Lofts

    Days on Strata

    Units at River City II Lofts spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    3.7
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 14 condos in the Corktown area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    River City II Lofts offers the
    ?
    best value out of 14 condos in the Corktown neighbourhood

    Appreciation Rank

    River City II Lofts has the
    ?
    highest ROI out of 14 condos in the Corktown neighbourhood

    Rental Yield

    River City II Lofts yields the
    ?
    highest rent prices out of 14 condos in the Corktown neighbourhood

    High Demand

    River City II Lofts is the
    ?
    most popular building out of 14 condos in the Corktown neighbourhood

    Transaction Insights at 20-38 Trolley Crescent

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$469,900 - $567,000$618,500 - $701,000$695,000 - $1,200,000$1,080,000$1,650,000
    Avg. Cost Per SqftNo Data$1,027$1,004$1,006$990$1,017
    Avg. Wait for Unit AvailabilityNo Data24 Days47 Days31 Days181 DaysNo Data
    Ratio of Units in Building1%49%22%27%4%1%

    Maintenance Fees

    River City II Lofts vs The Corktown Area

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