CityPlace, Toronto Neighborhood Guide | Homes for Sale | Modern Solution Realty

CityPlace, Toronto Neighborhood Guide

CityPlace is one of the most densely populated and investor-driven neighbourhoods in Toronto, located just south of King Street West between Spadina Avenue and Bathurst Street. Known for its modern high-rise condos, waterfront proximity, and unbeatable downtown location, CityPlace is a top choice for investors, first-time buyers, and young professionals seeking condo living in the core. Built primarily from the mid-2000s to present, CityPlace consists almost entirely of residential towers, offering a wide range of unit sizes and price points. Its high supply and strong rental demand make it one of the most active condo markets in Toronto, especially for investors looking for consistent cash flow and tenant demand. One of CityPlace’s biggest advantages is its location. Residents are steps from the Financial District, the waterfront, and major attractions like the CN Tower and Rogers Centre. The neighbourhood is also well-connected via TTC streetcars and nearby Union Station. CityPlace stands out for its affordability relative to downtown, high rental yield potential, and convenience, making it one of the most strategic areas to buy real estate in Toronto. As more buyers and investors target high-density urban hubs like CityPlace, many are turning to smarter real estate strategies. Top 1% REALTORS® at Modern Solution Realty have helped over 5,000+ clients, saving more than $20M+ in commission and delivering over $8M+ in cashback incentives. With a 4.8-star Google rating, clients in CityPlace are increasingly choosing 1% commission listings and $5,000 cashback programs, maximizing ROI and reducing transaction costs.

Average Home Prices in CityPlace

  • Average Townhouse Price: $932,000
  • Average Condo Price: $676,000

Just Listed in CityPlace

531 homes have come to market in Waterfront Communities C1 — the MLS community that covers CityPlace — in the last 90 days. Here are the 8 newest.

See all 531 new listings in Waterfront Communities C1

Restaurants in CityPlace

CityPlace offers a growing and convenient dining scene:

  • The Morning After
  • Hunters Landing
  • Sansotei Ramen

Shopping in CityPlace

Everyday essentials and retail are within walking distance.

  • Sobeys Urban Fresh
  • The Well
  • Queen Street West shopping district

Schools near CityPlace

  • Jean Lumb Public School
  • Harbord Collegiate Institute
  • Hudson College
  • Blyth Academy

Parks & Outdoors in CityPlace

Green space and waterfront access are major highlights.

  • Canoe Landing Park
  • Coronation Park
  • Toronto Waterfront Trail

Arts & Culture in CityPlace

The neighbourhood is surrounded by Toronto’s biggest attractions.

  • CN Tower
  • Rogers Centre
  • Scotiabank Arena

Frequently Asked Questions

Where is CityPlace located?

CityPlace is a neighborhood located in Toronto, Ontario, Canada.

What schools are in CityPlace?

CityPlace is served by schools including Jean Lumb Public School, Harbord Collegiate Institute, Hudson College, Blyth Academy.

What parks are near CityPlace?

Popular parks near CityPlace include Canoe Landing Park, Coronation Park, Toronto Waterfront Trail.

How much commission do I pay to sell a home in CityPlace?

Modern Solution Realty lists homes in CityPlace, Toronto for a 1% listing commission — significantly less than the traditional 2.5% — with the same full service.

Do I get cashback when buying a home in CityPlace?

Yes. When you buy a home in CityPlace, Toronto through Modern Solution Realty, you receive $5,000 cashback at closing.

Looking to buy a home in CityPlace, Toronto? Browse homes for sale in Toronto with Modern Solution Realty's 1% listing commission and $5,000 buyer cashback.