Features
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Price/Sqft Range
532 sqft - 1962 sqft
Avg Price/Sqft
$879 / sq. ft.
Completed
Built: 2003
Building Scale
Floors: 34 | Total Units: 404
Building Type
High-Rise condo
Property Management
Built in 2003
Condo Corp
TSCC-1537
Date Registered
Aug 28, 2003
Air Conditioning
Common Element
Heat
Hydro
Building Insurance
Parking
Water
Optima is a 34-storey high-rise condominium completed in 2003 as part of the initial phase of the CityPlace community. The L-shaped architectural design provides residents with sightlines into the Rogers Centre when the retractable dome is open.
The site occupies the former Spadina Street Yards. Until the late 20th century, these lands served as railway facilities for the Canadian National Railway and VIA Rail. The transition from industrial railway yards to a residential high-rise reflects the urban transformation of Toronto's waterfront.
The building contains 404 units and uses glass and concrete materials. It is located within the Waterfront Communities C1 neighbourhood near the sports and entertainment district.
Floor plans at Optima range from 532 sqft to 1,962 sqft. These units have larger footprints than more recent downtown developments, with layouts designed for couples and young families.
The Average Price: $879 / sq. ft. reflects the building's position within a mature community. Interior configurations prioritize utility and maximize the available square footage.
The locality is walkable and appeals to residents who value access to the sports and entertainment district. Long-term staff maintain a secure environment and provide privacy for residents.
The area has transitioned from railway lands into a residential hub. Essential services, transit, and recreation are all located within a short radius of the building.
Optima was developed as part of the CityPlace master-planned community. This redevelopment project transformed former railway lands into a densely populated residential hub. The developer created a network of interconnected towers with shared infrastructure and central urban positioning.
174 days on market
MLS® # C12797494
Jul 14, 2026
Price Change
Feb 18, 2026
Listed For Sale
52 days on market
MLS® # C12997490
Jun 5, 2026
Terminated
Apr 14, 2026
Listed For Sale
80 days on market
MLS® # C12744220
Apr 20, 2026
Terminated
Jan 30, 2026
Listed For Sale
165 days on market
MLS® # C12465948
Mar 30, 2026
Terminated
Oct 16, 2025
Listed For Sale
Average
Median