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Real Estate News

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

The 1,900-square-foot property comes with two bedrooms, fantastic views, amenities to the nines and a private terrace the size of a squash court

By Daniel Reale-Chin
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Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Neighbourhood: East Bayfront Price: $3,200,000 Size: 1,900 square feet Bedrooms: 2+1 Bathrooms: 3 Parking spots: 2 Real estate agent: Kaive Wong, Axon Capital Realty


The place

A two-bedroom, three-bathroom 10th-storey condo on the shores of East Bayfront, one of Toronto’s newest communities. The home comes with two parking spots, smart storage and both south- and east-facing balconies with dazzling views of Lake Ontario and the Toronto Islands. Residents also have access to a suite of amenities including a 24-hour concierge, an outdoor pool and a gym with all the gadgets. It’s within walking distance of Union Station, St. Lawrence Market and the future floating restaurants at Quayside. And motorists are a short drive from the DVP.

The history

This unit lives in the complex known as Aquabella, completed in 2021. The building houses 174 residential suites, a city-owned child care centre and retail at ground level. It also has the distinction of being clad in panels that generate solar power. The current owner, who works in finance, bought the condo pre-construction and made many upgrades, including adding linen space and a large kitchen island. Now they’re putting it on the market.

Related: $1.3 million for a townhome laneway unit carved from a converted Riverdale factory

The tour

None of this existed six years ago.

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Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

The front entrance faces east.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Inside, the lobby features several works of art, including the multicoloured Refraction by Dan Menchions and Keith Rushbrook, designed with 40-foot pieces of acrylic.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Now for the unit itself. To the left of the foyer is the full laundry room, with a sink and extra storage.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

To the right of the foyer is the main bedroom. It has twin walk-in closets plus an ensuite bathroom, and it overlooks the private terrace (more on that later).

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Here’s that ensuite. Its limestone vanity is equipped with backlit mirrors. The shower is quartz, and the floors are heated.

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Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Down the hall is the open-concept dining and living area, with 10-foot ceilings and wall-to-wall windows with power blinds.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

That’s the Port Lands on the left and Lake Ontario on the right—views that will never be obstructed.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Here’s a reverse angle of the space.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

In the kitchen: the fridge, five-burner gas cooktop, convection wall oven and microwave are all Miele.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

The island conceals a wine fridge and a Miele dishwasher. Up top, it has quartz counters and a double undermount sink with a Hansgrohe faucet.

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Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

But the real showstopper is the private terrace, which is about the size of a squash court. Future residents could install a grill and a sink.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Here’s another view from the terrace. Squint and you can see Hanlan’s Point.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Moving to the seventh floor reveals the shared amenities, of which there are tons. Pictured here is the party room. The kitchen in the background is completely covered in marble.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Next door is the lounge.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

And here’s the pool, accessed via the party room. Note the cabanas.

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Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

The developers packaged the fitness centre, yoga studio and sauna together.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Here’s the sauna.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Finally, a Toronto rarity for a unit of this size: two underground parking spots right next to each other.

Condo of the Week: $3.2 million for a waterfront unit in a building that generates its own power

Have a home that’s about to hit the market? Send your property to realestate@torontolife.com.  

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