Lakeside Residences is a new multi-phase high-rise residential development project presently in the pre-construction stage. It is situated on a parcel of land that equates to approximately 3.8 acres in the rapidly-transforming East Bayfront neighbourhood of Toronto’s waterfront. This project will feature 3 towers for the first phase ascending 49, 39 storeys and 14 storeys respectively in the Lakeshore Blvd. E and Lower Sherbourne area. 

The development would replace the existing FedEx lands with up to 7 towers, including three condominium towers with heights of 49, 39, and 14 storeys as the project's first phase.

PROJECT DETAILS

Project Name: Lakeside Residences

Developer: Greenland Group

Location: 215 Lake Shore Blvd E, Toronto

Intersection: Lower Sherbourne St & Lake Shore Blvd E

Number of Buildings: 3

Number of Storeys: 49, 39 & 14

Numbers of Units: 1148 Units (590,376,182)

Occupancy: 2021

Among the several images released as part of the project's marketing rollout, new renderings and floor plans outline some of the Cecconi Simone-appointed amenity offerings that will be found in the development.

Amenities at Lakeside will be housed on the 2nd and 14th floor of the 39-storey tower, as well as the 14th and 15th floors of the first phase's tallest 49-storey east tower. Below, a view of the 14th floor plan in the east tower shows a number of indoor spaces including a fitness centre and party room, surrounded on three sides by a wraparound terrace.

One level above, the 15th floor of the east storey tower will house both indoor and outdoor amenity spaces. While the indoor spaces will serve as a continuation of the spaces below, the outdoor component will act as the standout common space within the development, punctuated by a crescent-shaped pool offering views of Lake Ontario and the Toronto Islands.

A closer look at the outdoor space reveals that residents accessing the outdoor amenity deck will also be treated to cabanas, outdoor seating, and plenty of landscaping, including planters and trees.

COMMUNITY

East Harbour, a nearby, master planned, 60-acre mixed use development that will bring more than 50,000 jobs with office, retail and restaurant spaces. It will be larger than Yorkdale Shopping Centre and have easy access to bike trails, transit, highways and the Lakeside Residences.

With unparalleled access to Toronto’s extensive waterfront, the world’s best food market voted by National Geographic, and culturally vibrant neighbourhoods, you’ll always be a stone’s throw from the water’s edge and nearby nightlife, entertainment, and commercial hubs.

Toronto’s waterfront is the largest urban redevelopment project currently underway in North America, and its revitalization is expected to take approximately 25 years and $30 billion of private and public funding to complete. This transformation will be home to over 40,000 residents, one million sq. metres of employment space and 300 hectares of parks and public spaces.

LOCATION

Easy walking access to No. 6 Bay Street bus, No. 75 Sherbourne bus, No. 72 Pape bus and No. 65 Parliament bus routes, Union Station, TTC Subway & GO trains.

Walk Score at Toronto’s East Bayfront.

Bayfront WalkScore: 93

The Bayfront community will have a Walk Score of 93 (out of 100 points). This means it is a “Walker’s Paradise”, within easy walking distance of employment centres, schools, retail, groceries, outdoor places, car and bike shares, entertainment and public transit.

Transit Score: 98

Easy walking access to No. 6 Bay Street bus, No. 75 Sherbourne bus, No. 72 Pape bus and No. 65 Parliament bus routes, Union Station, TTC Subway & GO trains.

Bike Score: 100

Excellent bike lanes on Martin Goodman Trail, Don Valley conservation network, Queens Quay East and West. Great biking destinations to Kew Beach, Tommy Thompson

Park, Port Lands, Toronto Islands, Harbour Square Park, Harbourfront Centre, Toronto Music Garden, Ireland Park, Coronation Park, Exhibition Place, and Sunnyside Beach.

BUILDER

Greenland Group was founded in 1992 in Shanghai, China; they have formed a diverse corporate portfolio with a focus on real estate. Greenland is a global leader in the industry and serves as an example in the real estate industry with its commitment to providing innovative developments. The company’s ultra-high rise buildings, large urban complex projects, high speed rail station business districts, and industrial park developments all make for notable urban centres globally.

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