This three bedroom penthouse at 47 Lower River Street is one of the latest condos to hit the West Don Lands. This suite, listed for $949,000, and featuring concrete ceilings and seven Juliette balconies is part of a massive three phase development transforming the former industrial wasteland into an upscale residential community.

River City Condos by developer Urban Capital is an architecturally bold design for a city inundated by uniform glass towers. With black panels and textured angular cubes, the development has already earned a few accolades including the Toronto Urban Design Award and each tower is more ambitious than the last.

This suite in Phase 1 was completed in 2013, in time for the Pan Am Games. The development is made up of two buildings connected by a three storey enclosed bridge. The 1,600 square foot space spread over two levels feels like a loft, designed to look like the interior of a chic industrial warehouse.

The monthly fees are lower for the large penthouse at $858.21, and condo amenities include an outdoor swimming pool, fitness studio and lounge area. If you desire a pet cleaning station or private butler service, Phase 3 or RC3 promises to have both and more, but you'll have to wait a couple years for construction to be completed.

SPECS

• Address: #Ph39 - 47 Lower River Street
• Price: $949,000
• Square feet: 1,600
• Bedrooms: 3
• Bathrooms: 3
• Parking: 2
• Taxes: $3,072
• Maintenance fee: $858.21/monthly
• Walk Score: 92

NOTABLE FEATURES

• Two-level penthouse
• Renovated kitchen with glass backsplash
• Concrete ceilings
• 7 Juliette balconies
• Two underground parking spots
• Outdoor swimming pool and fitness studio

GOOD FOR

A neighbourhood on the rise. The city has spent millions on developing this once desolate waterfront community in preparation for hosting the Pan Am Games. The revitalized area is like a residential rebirth with unused parcels of land transformed into new housing, retail and public green space.

MOVE ON IF

You don't want to see (or hear) the Don Valley Parkway. While it's convenient to live adjacent to the highway, no one really loves the constant hum of vehicles whizzing by 24/7. This penthouse overlooks the exit-ramp, not ideal for a picturesque view even from all the Juliette balconies.

ADDITIONAL PHOTOS

Photos by Birdhousemedia.