Cityzen Development Group and Fernbrook Homes bring true Resort Living to Toronto’s Waterfront
Downtown Toronto is bearing witness to the largest infrastructure project on the continent, manifesting in the revitalization of its long-neglected waterfront in ways few Torontonians imagined possible.
The juxtaposition of the city’s hustle and bustle north of Lake Shore Blvd. and its placid waterfront is already beginning to take hold.
“Walking home and crossing Lake Shore, I just feel like I left Bay Street behind,” said Lori Seguin, who recently moved into an 11th storey unit at Pier 27 Condos, of her eight-minute walk home from the chaotic financial district.
“It’s just the tranquility of it. Working on Bay Street is hectic — the days are busy, there’s a lot going on, and it even rubs off on the people downtown — but I come home and look out onto the water. To my husband and I, water represents tranquility, and I could sit there looking at water for hours.”
In a voice teeming with felicity, she describes gazing at Toronto’s luminous skyline and then turning her head to overlook the moon shining lambently upon the waves of Lake Ontario. “It’s absolutely gorgeous!” she beamed.
Lori and Gilles Seguin couldn’t be happier with their 750-square foot, one-bedroom plus den unit at Pier 27, a luxury condominium built by Cityzen Development Group and Fernbrook Homes.
Presently comprised of two 14-storey towers — wherein a few preconstruction units remain available — Pier 27 recently launched its third phase, Pier 27 Tower on the Lake, a preeminent 35-storey tower with a commodious 12-storey podium on the south side of Queen’s Quay, offering panoramic views few, if any, places in the city can match.
Toronto luminary Peter Clewes of architectsAlliance designed Pier 27 Tower on the Lake using the lake as inspiration for buildings reminiscent of lapping waves. Pier 27’s luxury suites, replete with capacious layouts and state-of-the-art features, finishes and appliances, are buoyed by a true gemstone in the latest phase, a world-class 13th floor terrace swimming pool.
Pier 27 is strategically located on Toronto’s best parcel of real estate, because everything is walking distance. A short jaunt from an historic landmark in St. Lawrence Market, The Rogers Centre — where the Seguins frequently take in Blue Jays games — Air Canada Centre, Sony Centre for the Performing Arts, and the Entertainment and Distillery Districts, Pier 27 is situated near a slew of restaurants, nightclubs and concert venues.
Even Union Station — with its Union Pearson Express train to Pearson International Airport, subway, GO Transit and VIA Rail options — and Billy Bishop Airport are minutes away.
A short ferry from Toronto Island, Pier 27 offers bucolic respite by connecting directly to the Martin Goodman Trail, with Sugar Beach and Cherry Beach nearby. Avid boaters have marina access, and a host of skating rinks open during winter months, ensuring nary a reason to stay indoors.
While the Queen’s Quay LRT will be the last piece of infrastructure development connecting all adjacent neighbourhoods, Sam Crignano, president of Cityzen Development Group, points to the completion of a 45-metre promenade that succors easy access to the lake.
“It’s a benefit to Pier 27 and to those communities because they’re now able to access the waterfront, where up to now it’s been difficult,” he said. “We’re providing all these linkages to the water’s edge.”
Toronto’s ascension to the acme of global real estate has made the city’s waterfront development more than a mere domestic frenzy. Buyers far and wide, proficient in international property development, recognize Pier 27’s resplendent lifestyle opportunities.
“A lot of it stems from the fact that Toronto is an international city, much like New York is, and it’s reflected at pier 27 with the mosaic of purchasers,” said Crignano.
Pier 27 is endowed with superlative amenities, including indoor and outdoor pools, and has a resort-like feel to it. Standing on balconies, says Crignano, creates the impression one is standing on a cruise ship, too.
But it’s only the first piece of what has the potential to become the paragon of North American waterfronts. Crignano, himself a resident of the neighbourhood, is agog about its future.
“You’ll see much more retail built along Queen’s Quay together with continued commercial activity, like more office space and more residential development — not just condominiums but purpose-built rentals — so you’ll have this multi-use neighbourhood,” he said. “You’ll see more nightlife, more restaurants and more evening-related commercial activities. It’s going to become a destination.”
The Seguins, whose son lives on King St. and often comes over for dinner, have decided to keep their car only because they have a cottage up north, but admit their new lifestyle has rendered it superfluous. They’ll continue their short walks to work and their long walks and cycling expeditions along the lake.
“I don’t feel like I’m losing anything by living downtown,” said Seguin. “If anything, I feel like I’m expanding my life. I don’t plan to ever leave because I feel like I’m at a resort every day of my life.”
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