NXT II Condos, 105 The Queensway: A Swansea Tower With Two Pools

NXT II is the tower I show buyers who want a full amenity package, a lake-side west-end address and a price per foot well under what newer towers ask. It is a 2013 Cresford building, 34 storeys and 525 suites, and it is mostly one-bedrooms and one-plus-dens, which shapes everything from resale to who your neighbours are. The neighbourhood around it is also about to change. I’m Jatin Dua, RE/MAX Quantum Realty.

One of two towers, and what that means

NXT was planned as a pair: NXT at 103 The Queensway and NXT II at 105, two slim glass towers set around a landscaped courtyard between High Park and the lake. Architects—Alliance designed them and TMG Builders built them for Cresford. NXT II is the taller one, at 34 storeys.

The marketing described a single amenity package for the development: indoor and outdoor pools, a fitness centre, a tennis court, guest suites and a party room, with a Fendi-furnished lobby that blogTO called over the top when the first tower launched. When two corporations share facilities, the cost split lives in a shared facilities agreement. Ask for it, and read how the pools and tennis court are budgeted.

The practical upside of a two-tower site is scale. Two buildings’ worth of owners share the cost of a concierge, two pools and a tennis court, which a single 525-suite tower would struggle to carry. The downside is that you have two boards whose interests do not always line up, so look in the minutes for any disputes over shared costs or repairs.

The developer question

Buyers ask me about Cresford, and it is a fair question. In 2020, three of the firm’s downtown pre-construction projects went into receivership, and the company’s name has carried that weight since.

That history affects people who bought those unbuilt projects. NXT II was finished and registered years earlier, in 2013, and is now run by its own condo board and a management company. What you are judging today is that board, the reserve fund and how well the building has been maintained, not the developer’s later troubles.

Layouts: a one-bedroom building

Suites run from about 449 to 1,135 sq ft by condos.ca’s range, with 9-foot ceilings and open-plan kitchens. One building profile puts roughly 80 percent of the suites at one-bedroom or one-bedroom-plus-den, and only about one in five at two bedrooms or larger.

That mix has consequences. Resale competition is heavy in the smaller plans, the rental share is high (one profile counted about three times as many leases as sales in the last year), and the true two-bedroom-plus-den suites are scarce enough that they can be hard to price. If you are buying a one-bedroom, be picky about view, floor and den size, because that is how you will stand out when you sell.

Views are the reason to pay up for a higher floor. The towers sit south of High Park with the lake and the downtown skyline to the east and south, but anything you see today over the low-rise land to the north and east may not be there in ten years.

A corner of Swansea that is about to fill in

Daily life here means The Queensway, the Gardiner and the lake trail at your door, with High Park’s southern end and Grenadier Pond a short walk north. It is quieter than Roncesvalles or Bloor West, and you will drive or ride transit for much of your shopping.

For a buyer coming from downtown, the trade is simple. You give up a short walk to the office and the restaurant density of King West, and you get the lake, the park and a larger suite for the money. For people who work from home or drive west, that is often an easy trade.

The big change is next door. The Swansea Mews townhouse complex at The Queensway and Windermere, emptied after a 2022 ceiling collapse, is being redeveloped by Toronto Community Housing as two rental towers of 35 and 20 storeys with about 639 homes and planned ground-floor retail. City Council approved the applications in March 2026. Add the Southport towers under construction to the west and the planned towers at 2002 Lake Shore Boulevard West, and this pocket will look very different within a decade. Expect construction noise, and possibly better local retail.

Pricing and fees

Condos.ca puts the building average at about $786 per square foot. Strata.ca’s breakdown runs from roughly $790 to $840 for the larger plans up to about $1,050 for the small one-bedrooms, which is normal: the smallest suites always carry the highest price per foot. That sits below what new towers in the area are asking, with established resale comparables you can actually check.

When I checked, a dozen suites were for sale. Eight one-bedroom and one-plus-den listings were asking from roughly $300,000 to $512,000, and a few suites were for rent. With that much choice, buyers have negotiating room; take your time.

Fees on those listings averaged about $0.96 per square foot. That is not cheap, but if condos.ca is right that heat, cooling and a parking space are in the fee, the comparison with newer buildings that bill those separately is closer than it looks. If the other source is right and only water is included, it is expensive. Settle that before you compare buildings. See my building sold report for recorded trades.

Building specifications

Amenities at NXT II Condos

This is a resort-style package, with two pools, a tennis court and guest suites, which is rare in this price band in the west end. The catch is that pools are expensive to run and repair, so the amenities are part of why the fee is what it is.

Jatin’s honest take on NXT II Condos

NXT II Condos — frequently asked questions

Looking at High Park-Swansea more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.