
Toronto, ON · Condo
Timber House Condos
Project information updated: Confirm current pricing and availability with the builder.
Renderings and features may vary and are subject to change. Renderings are for illustrative purposes only.
A closer look at Timber House Condos.
- Home type
- Condo
- Bedrooms
- 0 – 4
- Bathrooms
- 1 – 3
This new condo project offers unprecedented sustainability and eco-friendliness to residents in the gorgeous Toronto waterfront area.
Timber House Condos is a new mid-rise condominium development by Dream Unlimited and Great Gulf in Toronto. This 12-storey pre-construction condo project with 448 spacious units will sit at 259 Lake Shore Blvd E, between Lower Sherbourne and Parliament St, In the the East Bayfront neighbourhood.
This condo development will offer units in a range of studio to four-bedroom with balconies and wide windows.
Location & Neighbourhood
While the entire Quayside community sits at 259 Lake Shore Blvd E, Timber House will line the north side of Queens Quay East, stretching from Bonnycastle St to Parliament St.
This neighbourhood is a paradise for getting around without a car, sporting super high walk, transit, and bike scores above 90. It is less than 2 km from Union Station and will be less than 1.5 km from the future Corktown Station of the upcoming Ontario Line subway. Currently, this condo site enjoys access to several nearby bus lines along Lake Shore Blvd, Queens Quay, Lower Sherbourne, and Parliament Street.
Investors will be pleased to know that the Waterfront Transit expansion will see the Queens Quay streetcar network extend from Union Station to Cherry Street, providing enhanced service to the East Bayfront and neighbouring Port Lands.
Additionally, the Quayside sits right next to the Gardiner Expressway, which provides an effortlessly short drive to the Don Valley Parkway. It's very straightforward to travel out of town, thanks to Billy Bishop Airport, just a 10-min drive away on the lake.
Plenty of everyday conveniences can be found within walking distance. Loblaws and Farm Boy are a short walk west on Queens Quay, as is the convenience store INS Market. Fast food joints like Popeyes, South St Burger, and Fresh Burrito offer quick bites. At the same time, more upscale options like ARDO Restaurant, El Catrin Destileria, and Cluny Bistro & Boulangerie can also be found nearby.
More shops and services can be located in the surrounding downtown area. And Toronto Eaton Centre is also easily accessible by transit. This busy and popular mall boasts over 235 stores across four floors, including H&M, Zara, Aritzia, Canadian Tire, Best Buy, and more.
Several urban parks along the lakefront include Sherbourne Common and Sugar Beach, both steps away and providing immediate access to the sparkling water's edge; David Crombie Park and Parliament Square Park along The Esplanade; and, of course, Cherry Beach and Tommy Thompson Park, which provide bountiful hiking and biking trails by the water. The Toronto Islands are a short ferry ride away and offer even more to do and see, with multiple scenic points, beaches, ponds, and a charming amusement park.
Other features to note — George Brown College Waterfront Campus is just a few minutes away, which offers investors an opportunity to rent out units to students. This is also a neighbourhood with a robust arts and culture community. The non-profit organization Artscape has buildings at the nearby Historic Distillery District, the Toronto Islands, and East Bayfront.
This cond project fosters a community rooted in sustainability, culture, and nature, investors can be part of this modern development with life-giving, community-building amenities like no other on Toronto's marvellous waterfront.
Project information
259 Lake Shore Blvd E, Toronto, ON M5A 3T7
By Great Gulf, Dream Unlimited Corp
Amenities
6 recorded amenities
Fitness & wellness
- Fitness Centre
Social & entertaining
- Lounge
Outdoor spaces & recreation
- Private Balconies
- Walking & Cycling Trails
Resident services
- Ground-Floor Retail
- Lobby
Features & finishes
Explore the details by category. Features and inclusions vary by model; confirm the specifications for your selected home with the builder.
Architecture & building design
6 items
- Timber House will be a destination to commune with nature and Toronto's heritage while engaging with Indigenous values and community.
- The mid-rise condo will boast unparalleled sustainable features and create a rich tapestry that bridges the bustling urban core with the glistening waves of Lake Ontario.
- This slim, rectangular building, resembling a porous wall of warm-toned timber with cutouts and cantilevered storeys, will allow for easy pedestrian access from Queens Quay East to the central community forest and other buildings in the Quayside community.
- Additionally, 149 of the 448 units will be affordable rental units.
- At the ground level, residents can revel in a relaxing and refreshing public realm with fluid flow between internal and external spaces and a serene and verdant community forest.
- This forward-thinking community will be part of an exciting movement toward long-term urban sustainability in Toronto.
Community amenities & outdoor spaces
2 items
- This condominium project will be a stunning mass timber condo building overflowing with lush greenery from balcony railings and a flourishing urban rooftop garden.
- Other outdoor amenities on the rooftop will provide plenty of space to enjoy nature with seating areas, garden plots, an outdoor kitchen, and more.
Interior layouts & suite specifications
3 items
- The unit breakdown is 23 studios, 209 one-bedroom, 147 two-bedroom, 61 three-bedroom, and 8 four-bedroom configurations.
- Ample retail space encourages an active streetscape of shopping, dining, and meeting while offering convenience to residents and the community.
- This condo development will offer units in a range of studio to four-bedroom with balconies and wide windows.
Parking, storage & accessibility
1 item
- There will be no parking spaces on this green property, so residents are encouraged to utilize other means of transportation and take full advantage of excellent public transit options and extensive bike paths.
Location & neighbourhood
Explore the full location guide ↗Toronto|259 Lake Shore Blvd E, Toronto, ON M5A 3T7
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LOCAL MARKET INSIGHTS · SEP 2026
The market around Toronto.
Understand the existing-home market alongside your new-home search. These completed-month observations cover the provider’s Toronto geography across all property types. Builder prices and availability need a separate, current quote.
- Median sold price
- $865,000 -1.1% year over year
- Recorded sales
- 1,013 -1.7% year over year
- Active listings
- 4,977 3,473 new sale listings that month
- Listing days
- 32 days Provider’s listing-days measure
Compare the home and ownership type
Use the matching resale category as context for size, location and ownership costs.
| Property type | Median sold | Annual change | Sales | Active listings | Monthly rent |
|---|---|---|---|---|---|
| Condo apartments | $600,000 | -4.0% | 490 | 3,066 | $2,6002,607 recorded rentals |
What this means for your search. Compare a similar home type first, then account for floor area, age, parking, maintenance fees and the future closing date. Changes in a monthly median also reflect which homes sold; they do not measure same-home appreciation. Recorded rents are historical resale observations, not projected rent for this development.
Explore price and rental history, sales activity, property-type filters and community comparisons in the full market report.
HouseSigma supplied aggregate export, captured 2026-10-24. Latest completed month: Sep 2026. Sale medians and annual price comparisons require at least 5 sales in each relevant month; rents require 5 rentals. Missing observations stay unavailable. These are resale figures, not project sales, appraisals or forecasts. Sources & methodology
Project details
Building & property details
- Selling status
- Registration
- Construction status
- Preconstruction
- Units
- 448
- Storeys
- 12
Additional information & categories
- Highlights
- Timber House Condos is a new mid-rise condominium development by Dream Unlimited and Great Gulf in Toronto. This 12-storey pre-construction condo project with 448 spacious units will sit at 259 Lake Shore Blvd E, between Lower Sherbourne and Parliament St, In the the East Bayfront neighbourhood.
- Ownership types
- Condominium
- Master-planned community
- Quayside
- Google Maps
- View on Map ↗
Developed by
Great Gulf · Dream Unlimited Corp
Based in Toronto, Ontario
Explore the developers behind Timber House Condos. Team Arora provides independent guidance to help you compare home designs and confirm current pricing, availability and purchase details.
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Pricing & incentives
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Floor plans & brochures
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