River City II Lofts condo building exterior
Mid-Rise Condo

River City II Lofts

by Urban Capital Property Group

20-38 Trolley Crescent, Toronto, ON M5A0E8

Year Built

2015

Total Units

240

Avg $/sqft

$828

Storeys

11

Available Units in River City II Lofts

0

Units for sale

0

Units for rent

Live MLS · Updated daily

Overview

The River City Project — which includes River City I Lofts and River City Phase 3 — has brought more than 1,100 homes to the area, with almost 250 of these Toronto lofts located at 32 Trolley Crescent, or River City 2 Condo Lofts.

And when there’s an international competition for who gets to build on a piece of land, you know the result is going to be good. Eighteen plans were considered before the honour of developing a portion of the West Don Lands was granted to a Toronto-based firm, Urban Capital.

Comprising three parts, known as phase 1, phase 2, and phase 3, Urban Capital’s proposal for the River City clearly won over the hearts of the jury. Moreover, the developers’ focus on innovative techniques, along with their careful consideration of factors like the marriage of elegance and functionality and environmental friendliness, positioned them perfectly to get this particular job done right. For one, the River City complex was the first carbon neutral multi-residential projects in the city.

River City 2 Lofts is technically made up of three buildings in and of itself, however they feel more like one large structure thanks to the enclosed walkways that provide passage between them. The building also boasts a concierge and a gym, while the remaning extras at 32 Trolley Crescent are less utilitarian, and more amusing: an outdoor garden, a pool, a shared rooftop terrace, and a movie room are all available for residents to use.

Nicknamed “the Jewel of River City,” the white exterior was designed by Saucier + Perrotte to juxtapose its darker-hued neighbours. The colour scheme also functions to make the building appear light and airy, like a cloud rising above the river below. The architecture is also modern and slightly angular, and essentially resembles no other building in Toronto.

Perhaps this is why the building has received so much attention, and even praise, since its construction in 2015. That very year, both and BlogTO named 32 Trolley Crescent one of their favourite new buildings. Even more impressively, River City 2 Lofts has received 8 Governor General medals for its architectural superiority in the short time since its construction.

Developer

Urban Capital Property Group

Year Built

2015

Property Type

Mid-Rise Condo

Storeys

11

Total Units

240

Management

Crossbridge Condominium Services Ltd.

Amenities

Fitness Centre

Visitor Parking

BBQ Area

Theatre Room

Outdoor Pool

Party Room

Bike Storage

24/7 Concierge

Price History

85 records
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Market Stats

Prices in River City II Lofts are up 6.9% compared to last year.

$828

Avg $/sqft

+6.9%

YoY change

28

Avg days on market

Location & Walkability

Walk Score

89/100

Daily errands on foot

Transit Score

97/100

TTC, GO, subway access

Bike Score

75/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Corktown - Toronto

community-oriented family-friendly active vibrant

Corktown is a neighbourhood in Toronto known for its community feel. It offers various amenities and is a vibrant place to live.

At a glance

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Diverse dining options
  • Good access to parks
  • Family-friendly schools
  • Plenty of grocery stores
  • Active community with gyms

Keep in mind

  • No current properties for sale or rent
  • Limited public transit options

The feel of the placeLifestyle

Daily life in Corktown includes enjoying local parks and dining. The area is suitable for families and those who enjoy community activities.

Great for families young professionals community-focused individuals

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside Corktown - Toronto's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

The peopleWho lives here

4,787

Population (2021)

0.8 km²

Area

5,964

People per km²

34.4

Median age

$94,000

Median income

53%

Own their home

1.6

People per household

2,905

Households

Every age

  • Children (under 15)7.8%
  • Working age (15–64)85.7%
  • Seniors (65+)6.5%

What is built here

  • High-rise apartments99.8%

Own or rent

53%Owners

47%Renters

Across 2,905 households

When it was built

Mostly 2011–2015

  • 1960 or earlier1%
  • 1961–19800%
  • 1981–19901%
  • 1991–200010%
  • 2001–20056%
  • 2006–201011%
  • 2011–201538%
  • 2016–202135%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

34.4%
Born outside Canada
66.1%
Hold a degree or higher
76%
Employment rate
23.8%
Commute by transit
46.4%
Commute by car
1.5
Children per family
$78,000
Median income after tax
$123,100
Average household income
13.2%
Living on a low income
$1,980/mo
Renters pay, per month
$2,280/mo
Owners pay, per month
$700,000
Median home value at census
41.3%
Renters spending 30%+ of income on housing
31.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 1 census area around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, © OpenStreetMap contributors (ODbL)