Located alongside the splendid shoreline of Lake Ontario, Toronto’s Waterfront district has a view that is second to none. It spans 46 kilometers between the mouth of Etobicoke Creek in the West, and the Rouge River in the East.

Once used for industrial sites, the land in this area has now become an extremely valuable asset for the city of Toronto. Redevelopment of this area started in the 70′s, with one of the most notable parts of this landscape – the CN Tower. Development has been non-stop and Toronto’s Waterfront is now home to the Rogers Center, the Toronto Convention Center, and a wide variety of impressive residential and commercial building projects.

Waterfront neighborhoods are always primed for development. The Ontario government has already spent a lot of money with various revitalization projects for Toronto’s waterfront neighborhoods. Current projects are estimated to last between 25 and 30 years. During this time frame, an estimated $17 billion will transform the remaining areas  for development. This project is currently the largest revitalization effort being undertaken in the whole of North America.

Toronto has become a green city. Some of the new neighborhoods being built under the current revitalization project require green rooftops to ensure energy efficiency. Child care facilities, good shopping, and mass transit are all part of the city within a city projects. Rather than building wider streets, the city plans to build wider sidewalks for pedestrians to reach mass transit within five minutes of their homes. No green city would be green without a lot of open space and new parks.

Toronto’s new waterfront district has the best of green technology in convenient luxury condominiums located close to transportation, shopping, and work. Other cities should follow Toronto into the 21st century.

All these reasons make a Waterfront Toronto Condo a valuable investment.