Published 2 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Library District is Context Development’s 29-storey condominium at 170 Fort York Boulevard, on the northeast corner of Bathurst Street and Fort York Boulevard. Context lists 364 units and credits KPMB Architects with IBI Group Architects and Page & Steele. Its name comes from Toronto Public Library’s Fort York branch next door at 190 Fort York Boulevard, which opened on 29 May 2014. I could not confirm the tower’s exact completion year from a primary source. TRREB does not publish building prices; district C01 condo apartments sold at a median of $585,000 in August 2026, at 96 percent of list after 41 days on average.
Library District at a glance
| Fact | What the public record says |
|---|---|
| Address | 170 Fort York Boulevard, Toronto; northeast corner of Bathurst Street and Fort York Boulevard |
| Storeys | 29 (Context, UrbanToronto) |
| Units | 364 (Context) |
| Building area | 250,000 sq. ft. (Context) |
| Developer | Context Development |
| Architects | KPMB Architects with IBI Group Architects and Page & Steele (Context); UrbanToronto lists KPMB |
| Completed | Listed as complete by UrbanToronto; the library next door opened in May 2014. Exact year of the tower not confirmed from a primary source. |
| Neighbour | Toronto Public Library, Fort York branch, 190 Fort York Boulevard, designed by KPMB |
| TRREB district | C01, the downtown core, which TRREB’s tables use for the Waterfront Communities and CityPlace, the Bay Street Corridor, King West, Liberty Village and Niagara, among others |
| Condominium corporation number | Not quoted here; I could not confirm it from a primary public source. It is printed on the status certificate and the title documents. |
Sources: Context’s project page, UrbanToronto’s project database and 2011 news report, and Toronto Public Library, all linked below.
Where it sits and what is nearby
Library District sits at the western edge of the CityPlace lands, where Fort York Boulevard meets Bathurst Street. Context says the design was inspired by Fort York and by the abstraction of books lining a shelf, with coloured glass referencing the surrounding green space. UrbanToronto reported in 2011 that excavation uncovered archaeological remains on the site.
The library is the obvious neighbour. Toronto Public Library’s Fort York branch opened on 29 May 2014 at 190 Fort York Boulevard, and the library’s own news release called it its 99th location. Fort York National Historic Site, a fort since 1793, is just to the west, and The Bentway runs 1.75 kilometres under the Gardiner Expressway nearby, according to Wikipedia.
The park beside the building is still being built. The City of Toronto is constructing Lower Garrison Creek Park, a 1.3-acre park at 170 Queens Wharf Road east of the Bathurst Street bridge, which was referred to as Mouth of the Creek Park until it was officially named. Construction started in fall 2025 and the City targets completion in fall 2027; its plans include a library terrace with stairs. A seller can point to it, as long as it is described as planned, not finished.
Streetcars include the 509 Harbourfront (Union to Exhibition) and the 511 Bathurst, per Wikipedia. See the top parks in CityPlace and Fort York and the top schools in CityPlace and Fort York. Next door to the east, Parade at 15 and 21 Iceboat Terrace is a much larger two-tower project.
What TRREB’s August 2026 numbers say for C01 (not this building)
| Condo apartments, August 2026 | TRREB C01 (downtown core) | Toronto Central | City of Toronto |
|---|---|---|---|
| Sales | 204 | 598 | 885 |
| Median price | $585,000 | $576,900 | $550,000 |
| Average price | $695,533 | $698,321 | $651,648 |
| New listings | 542 | 1,554 | 2,303 |
| Active listings | 1,102 | 3,294 | 4,938 |
| Months of inventory (calculated) | 5.4 | 5.5 | 5.6 |
| Sales to new listings (calculated) | 38% | 38% | 38% |
| Sale to list price | 96% | 96% | 96% |
| Avg. days on market | 41 | 39 | 39 |
Source: TRREB Market Watch, August 2026, condominium apartments, district and city level. The calculated rows are my arithmetic: active listings divided by sales, and sales divided by new listings. One month of data. None of this is data for this building. TRREB does not publish building-level figures, and I do not quote a price, fee or rent for any suite here.
How I read it: about 5.4 months of supply across C01 is a market where buyers have choice and time. Sellers are getting 96 percent of their list price on average, and a typical listing takes around six weeks. It rewards a suite that is priced against what is actually for sale today.
A suite here competes with listings across CityPlace and Fort York, and buyers often view several towers in one afternoon.
Living next to a library and a park: what it does to value
Buildings next to permanent public spaces have an advantage that is easy to overstate and easy to ignore. A library and a park are unlikely to be replaced by a tower that blocks your view, which gives some suites a protected outlook.
The other side is activity. A public library and a new park bring people, programming and, during construction, noise and fencing. Lower suites facing the park site may show worse during the build than they will afterwards. If you sell before the park opens, price against what a buyer sees today.
When I pull comparables here, I separate suites by which way they face: toward the park and Fort York, toward Bathurst Street, or toward the CityPlace towers to the east.
What moves a suite’s value in a building like this
- Exposure. Park, Fort York and lake-facing suites usually lead; suites facing a neighbouring tower trail. See choosing a condo exposure.
- Floor. In a 29-storey tower the top third has the clearest views, but the gap between floors is smaller than in a 50-storey building.
- Size and layout. Two-bedroom and corner suites attract owner-occupiers and families drawn by the library and the schools nearby.
- Parking and locker. Useful for a wider buyer pool, though many buyers here rely on streetcars and walking.
- Tenancy and the rent rules. Ontario’s rent increase guideline does not apply to units first occupied for residential purposes after 15 November 2018. The library next door opened in 2014 and the tower was built around the same time, so most suites here would generally fall under the guideline. Check the specific unit’s history with your lawyer or paralegal. A tenanted suite also sells to a narrower pool; see how much less a tenanted condo is worth.
- Fees. Lenders count half the condo fee when they calculate debt-service ratios, according to CMHC, so a high fee reduces what a buyer can borrow.
What to check in the status certificate and reserve fund study
The status certificate is the corporation’s own snapshot of its money and its legal position. Under section 76 of the Condominium Act, the corporation must deliver it within 10 days of a request and can charge up to $100, according to the Condominium Authority of Ontario. On a resale, the buyer’s lawyer should review it before the offer goes firm. When I list a suite, I order it before we go live.
Read these parts first:
- Reserve fund balance and the latest reserve fund study. The CAO notes that corporations must have their reserve fund studied at least every three years. Compare the balance with what the study says should be there, and read the planned contributions for the next few years.
- Common expense increases. Any known increase must be disclosed. See do high maintenance fees lower my condo value.
- Special assessments. Any assessment levied or planned is disclosed. If one is outstanding at closing, who pays it is a negotiation point; see does a special assessment lower my condo value.
- Legal actions and insurance. Litigation involving the corporation and the insurance deductible both belong on the checklist.
- Leasing and short-stay rules. Read the declaration and rules before you promise a tenant anything.
Specific to Library District: ask whether the corporation has any agreement with the City or the library about shared walls, servicing or access, and whether it carries any cost for it. At roughly a decade old, read the reserve fund study’s plan for the coloured glass cladding and the window systems, since envelope work is one of the larger costs a tower faces.
Selling or buying there: how to price a suite
Price a suite in Library District from its own stack first: the most recent sales of the same layout and exposure, a few floors up or down, adjusted for parking, locker, condition and date. TRREB’s district median is a check on the market’s mood, not a price.
Two things make this harder downtown. Large buildings often have several similar suites for sale at once, so your real competition is the active listings with your layout, often in your own building. And sometimes your layout simply has not sold in months. For that case I follow the method in how to price a condo when nothing in your building has sold: widen to the nearest comparable buildings, match age and size, and adjust.
For investors comparing rent with a sale, the top condos to rent in Fort York and Bathurst Quay shows what tenants compare against.
Two tools help here: the AI condo value estimator below gives you a range in about a minute, and the net proceeds calculator turns any price into what actually lands in your account.
Where I fit
I sell condos across Toronto and the whole GTA. If you own a suite in Library District or are thinking of buying one, run the estimator below for a first range. Then book a call or phone 833-330-1925, and I will walk you through the comparables for your exact layout.
Free tool — AI condo value estimator
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
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Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Frequently asked questions
How many units are in Library District condos?
Context, the developer, lists 364 units in the 29-storey tower at 170 Fort York Boulevard, with about 250,000 square feet of building area.
Who designed Library District at 170 Fort York?
Context Development credits KPMB Architects with IBI Group Architects and Page & Steele. KPMB also designed Toronto Public Library’s Fort York branch next door. Context says the tower was inspired by Fort York and by books lining a shelf, with coloured glass referencing nearby green space.
Is there a library in the Library District building?
The Fort York branch of Toronto Public Library is next door at 190 Fort York Boulevard, on the northeast corner of Bathurst and Fort York Boulevard. It opened on 29 May 2014 and was announced as the library’s 99th location. Context’s own page calls it the city’s 100th library.
What is being built next to Library District?
The City of Toronto is building Lower Garrison Creek Park, formerly called Mouth of the Creek Park, a 1.3-acre park at 170 Queens Wharf Road east of the Bathurst Street bridge. Construction started in fall 2025 and the City targets opening in fall 2027.
What is a condo at 170 Fort York Boulevard worth in 2026?
TRREB does not publish building prices, and I do not quote one. District C01 recorded a median condo apartment price of $585,000 in August 2026. A suite here depends on its exposure, floor, size, parking and condition; recent sales of the same layout in the building are the best evidence.
Sources
- Context — Library District Condominiums — 170 Fort York Blvd, 29 storeys, 364 units, KPMB / IBI Group / Page & Steele
- UrbanToronto — Library District Condominiums + Toronto’s 99th Library — Context Development, KPMB, complete
- UrbanToronto — Archaeological find at Library District (April 2011) — northeast corner of Bathurst and Fort York Boulevard
- Toronto Public Library — Fort York branch — 190 Fort York Boulevard, opened 29 May 2014, KPMB
- Toronto Public Library — Opens 99th location: Fort York branch — news release, May 2014
- City of Toronto — Lower Garrison Creek Park — formerly Mouth of the Creek Park, 1.3 acres, opening targeted fall 2027
- Wikipedia — Fort York (neighbourhood) — Fort York National Historic Site, The Bentway, 509 Harbourfront
- Wikipedia — CityPlace, Toronto — Parade 1 and 2 addresses, floors, dates; Canoe Landing Park; schools; streetcars
- TRREB — Market Watch, August 2026 — condominium apartment tables by region and municipality
- Condominium Authority of Ontario — Status certificates — 10 days, up to $100, Condominium Act s. 76
- Condominium Authority of Ontario — Reserve funds and reserve fund studies — studies at least every three years
- Government of Ontario — Rent increase guideline — units first occupied after 15 November 2018 are exempt
- CMHC — Calculating GDS / TDS — 50% of condominium fees counted; 39% / 44% limits
Related reading
- Parade I and II, CityPlace
- WaterClub, Queens Quay West
- Top 5 condos to rent in Fort York and Bathurst Quay
- Top 5 parks in CityPlace and Fort York
- How much is my condo worth in downtown Toronto?
- How floor, view and parking change a condo's value
- How to price a condo when nothing in your building has sold
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume. Every figure here comes from a published table, regulator or statute linked in the sources, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.