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    240 Broadway Avenue

    240 Broadway Avenue Townhomes
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    26
    Condo Completion:
    1983
    Condo Demand:
    High
    Unit Size Range:
    1,299 - 1,828 SQFT
    Unit Availability:
    Low

    Listing History for 240 Broadway Avenue Townhomes

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    Amenities

    Indoor Parking
    Bike Storage
    BBQs Allowed
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 240 Broadway Avenue240 Broadway Avenue Townhomes

    In the southwest corner of the CityPlace neighbourhood, the Lumen Condos is a brilliant addition at 6 Fort York Boulevard. Inspired by the high-energy of lifestyle in the city, this luminous development came courtesy of Concord Adex.

    Completed in 2016, RAW Architects’ illustrious design resulted in a bright and vivid atmosphere at 6 Fort York. While the structure itself is largely traditional, featuring long expansive balconies and an attractive array of wide windows, a frosted white glaze on much of building pushes the Lumen Condos towards a sparkling, contemporary aesthetic.

    RAW’s contemporary design culminates in a spectacular illuminated prism set on top of the Lumen Condos’ 30-storey tower. While this architectural detail does indeed catch the eye, prospective residents may be even more attracted to the gorgeous lobby and podium — it houses every amenity they can ask for.

    Aside from the condos' own 24-hour concierge service, residents share the amenities facilities, known as the Prisma Club, with their CityPlace neighbours the Quartz | Spectra Condos. As a result of the cost being shared between these three developments, the Prisma Club boasts extraordinarily extensive recreation and relaxation spaces. Stretched over 3 storeys and even extending outside onto a terrace, the Prisma Club contains an indoor pool and outdoor hot tub, a gym, yoga studio, basketball and badminton court, a massage lounge, a games room, and even an outdoor tai chi deck.

    The Suites

    Similar to the building’s bright architecture, all of 300 downtown Toronto condos within, whether a one bedroom or two bedroom plus den, are spacious and filled with light. While they range in size from around 500 to 1,000 square feet, every suite’s contemporary design ensures the comfort of residents. And the variation of sizes, ensure that these units are well suited to families or roommates, even those who are seeking Toronto condos for rent for a short term stay.

    Chic fixtures and clean lines, courtesy of modern cabinetry chosen by the interior designers at Figure3, let residents live the lap of luxury. They especially enjoy their kitchen’s stainless steel appliances and engineered stone countertops — classic components that complement the Lumen Condos’ contemporary vibe perfectly.

    The Neighbourhood

    Residents of the Lumen Condos do enjoy being so close to major attractions like the Rogers Centre and CN Tower, nonetheless the neighbourhood’s more intimate local community is equally outstanding. Just south, the diversity of cultural venues in the Lakeshore area welcomes anyone seeking to closely engage with their community.

    The Waterfront Neighbourhood Centre at Queens Quay and Bathurst is perhaps the best example of the downtown Lakeshore’s perhaps unexpected local vibrancy. The non-profit Neighbourhood Centre offers many programs that cater to the many new neighbourhood residents living in Cityplace.

    For residents who have a green thumb and want to do some good, they can contribute some time and energy to the Waterfront Neighbourhood Centre’s community food gardens. With weekly organic gardening workshops, even the most cosmopolitan of residents can lend a hand.

    Conversely, King Street West is a short walk north. It contains many trendy bars, restaurants and nightclubs, so residents indulge in an exciting social scene whenever they please.

    Transportation

    Sitting between Bathurst and Spadina, those who live at 6 Fort York can easily get around the city — even without a car. Both Spadina and Bathurst have TTC streetcars that run north and south through the Core, which happen to stop right at Fort York.

    Alternatively, the Harbourfront Streetcar stops steps away from the Lumen Condos at Bathurst and Fort York. It travels north and south through the Core of the city and alongside Lake Ontario to Union Station.

    For those who prefer to drive, the building is just minutes from the highway. Drivers need only take one turn south onto Spadina to access the Gardiner Expressway.

    240 Broadway Avenue Townhomes Reviews

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    240 Broadway Avenue Townhomes vs The Mount Pleasant East Area

    Days on Strata

    Units at 240 Broadway Avenue Townhomes spend an average of
    5
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant East

    Turnover of Units

    On average, each unit is owned for
    14.1
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 18 condos in the Mount Pleasant East area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    240 Broadway Avenue Townhomes offers the
    ?
    best value out of 18 condos in the Mount Pleasant East neighbourhood

    Appreciation Rank

    240 Broadway Avenue Townhomes has the
    ?
    highest ROI out of 18 condos in the Mount Pleasant East neighbourhood

    Rental Yield

    240 Broadway Avenue Townhomes yields the
    ?
    highest rent prices out of 18 condos in the Mount Pleasant East neighbourhood

    High Demand

    240 Broadway Avenue Townhomes is the
    ?
    most popular building out of 18 condos in the Mount Pleasant East neighbourhood

    Transaction Insights at 240 Broadway Avenue

    2 Bed2 Bed + Den3 Bed
    Price Range$1,495,000No DataNo Data
    Avg. Cost Per Sqft$952No DataNo Data
    Avg. Wait for Unit Availability271 Days906 DaysNo Data
    Ratio of Units in Building57%35%9%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mount Pleasant East