Harbour View Estates III, 5 Mariner Terr: Two Towers, One Corporation

Harbour View Estates III is the phase most buyers overlook. It is two towers rather than one, the shorter of the four in the estate, and on average the cheapest per square foot, yet it shares exactly the same Superclub, grounds and garage as its taller sisters. For a lot of buyers that is the smartest way into this estate. I’m Jatin Dua, RE/MAX Quantum Realty.

Two towers, one corporation

Unlike the first two Harbour View phases, this corporation covers two towers. The CTBUH Skyscraper Center lists 5 Mariner Terrace at 36 storeys, about 117 metres, and 3 Navy Wharf Court at 26 storeys, about 97 metres. Listing data gives 37 floors, which likely counts the taller tower differently, so do not be surprised by the mismatch.

Together they hold 597 suites, which makes TSCC-1764 the largest of the three Harbour View corporations. A larger corporation spreads fixed costs, such as staff and the share of estate services, across more owners. It also means more voices at the AGM and more units turning over each year.

SkyscraperPage credits Page + Steele as architect of the 5 Mariner Terrace tower, while it lists HOK on the first-phase tower at 10 Navy Wharf Court. Like the rest of the estate, both are steel-framed with floor-to-ceiling glass.

The shared estate and the Superclub

Harbour View Estates was Concord Adex’s first development in CityPlace: four towers and a group of townhouses at the south end of the community. According to a 2023 profile in CCI Toronto’s CondoVoice, three corporations share the estate through a Shared Services Committee, with two representatives each, that runs the garage, landscaping, tennis court, Superclub and fire systems. A security team patrols the grounds.

The Superclub is about 30,000 sq ft. It has a 25-metre indoor pool, a whirlpool and steam room, squash courts, a full-size basketball court, bowling lanes, a gym with a spin studio, a theatre, billiards and party and guest rooms. Outdoors, there is a tennis court, a dog run, barbecues, a playground and courtyards with water features.

The same CondoVoice profile, written about the 35 Mariner Terrace corporation, flagged two issues that affect the whole estate: a fire alarm system linked across the buildings, and a fountain leaking through the membrane into the shared garage. Ask this corporation where it stands on both and what its share of the cost has been.

The widest range of suites in the estate

Suites here start around 383 sq ft, smaller than anything in the sister towers, and run to about 2,113 sq ft. That range means you can find a compact one-bedroom for a first purchase or a large two-bedroom-plus-den for a family or downsizer in the same corporation.

The shorter tower at 3 Navy Wharf Court will not give you the long lake views of 35 Mariner Terrace, and some exposures look at other towers. That is reflected in the price. If view matters, check the floor and direction closely; if it does not, the shorter tower is where the value tends to sit.

The original finishes across the estate were 8.5-foot ceilings, granite counters and gas ranges, according to DASH’s building pages. Many suites have been updated since, so price the renovation, not just the square footage.

Daily life at the south end of CityPlace

The estate sits near Spadina and Bremner, a short walk from the waterfront, Rogers Centre and the Spadina streetcar, with Canoe Landing Park inside CityPlace. The Gardiner Expressway is just to the south, so traffic noise depends on how high and which way the suite faces. Visit at rush hour before you commit. The data panel on this page covers transit, schools and walkability.

Inside the estate, daily life is calmer than most of downtown. The towers are set around landscaped courtyards rather than lined up along a busy street, there is a playground and a dog run on site, and the security patrols keep the grounds orderly. That setting is what Concord was selling when it built this first phase, and it has held up better than the finishes.

The rest of CityPlace has filled in around it over twenty years, with newer towers, a school and community centre at Canoe Landing and more retail along Fort York Boulevard. For an owner here, that growth mostly means more services within walking distance, not more construction next door.

The cheapest way into Harbour View, per square foot

The building average is about $859 per square foot, below 10 Navy Wharf Court at about $893 and 35 Mariner Terrace at about $909. Since all three share the same club, grounds and garage, that discount is the main argument for this corporation.

Four suites are listed for sale, asking between $529,800 and $1,225,000, from a one-bedroom in the 500s to two-bedroom-plus-dens. With only four listings, look at recent sales across all three corporations to get a fair comparison.

The small suites at the bottom of the range are where investors focus, and the large plans are where owner-occupiers land. Because the corporation spans two towers, ask which tower each comparable sale was in before you rely on it.

Fees on current listings average about $0.95 per square foot, and they include hydro, heat, air conditioning, water, building insurance and parking. Most downtown towers bill hydro and parking separately, so the all-in cost here is lower than the headline rate suggests. Check that the suite you want actually comes with a spot, and look at the fee on the largest suites, which can run well above the average.

Building specifications

Amenities at Harbour View Estates III

Every Harbour View owner gets the same Superclub, so buying in the lower-priced corporation does not cost you any amenities. It does still make you a payer of the shared club budget, which belongs on your checklist.

Jatin’s honest take on Harbour View Estates III

Harbour View Estates III — frequently asked questions

Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.