Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Harbourfront-CityPlace
ICE Condos in one look.
12 and 14 York St, Toronto
Built
2016
Storeys
67
Suites
1343
Developer
Lanterra Developments
Corporation
TSCC-2510
Walk Score
98
Free · about 45 seconds · no obligation
What is your unit at ICE Condos worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Very Bikeable
Transit, nearest first
- 509Queens Quay West at Harbourfront Centre509 Harbourfront / 510 Spadina streetcar0.2 km
- 114Queens Quay EastTTC bus0.3 km
- 202Cherry BeachTTC bus0.3 km
- 1Union stationLine 1 Yonge–University0.4 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.4 km
- UPUnion stationUP Express · Pearson to Union0.4 km
- 121Esplanade-RiverTTC bus0.5 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Jean Lumb Public School
20 Brunel Crt Unit 2, Toronto
1.1 km · ~17 min walk
Zoned for this address
High schoolGr 9–12
Jarvis Collegiate Institute
495 Jarvis St, Toronto
2.7 km
Zoned for this address
Catholic elementary
Bishop Macdonell Catholic Elementary
1.1 km · ~17 min walk
Nearest, confirm zoning
Catholic elementary
St Michael Catholic Elementary School - Bldg 1
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.6 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Gabrielle Roy
1.8 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at ICE Condos actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 0 | too few | 22 | $1,950/mo |
| 1 bed | 22 | $479,000 | 92 | $2,200/mo |
| 2 bed | 8 | $640,500 | 36 | $3,100/mo |
| 3 bed + | 3 | $755,000 | 11 | $4,000/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at ICE Condos
Do mostly owners or renters live here?
Renter-heavy building. Of 427 deals here in the last 24 months, 349 were leases and 78 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at ICE Condos?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about ICE Condos
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at ICE Condos lists or sells.
Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.
- New listings for sale or rent here
- What units sold for, with my read on it
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Coffee
Tim Hortons
Steps away
Ramen
Kinton Ramen
Steps away
Sandwiches
Subway
Steps away
Japanese
Kinka Izakaya Harbourfront
Steps away
Restaurant
Bar le Germain
Steps away
Restaurant
Evviva Restaurant
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Love Park
- Roundhouse Park
- Toronto Waterfront Park
Nearest grocery
Longo's
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 12 and 14 York St, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
ICE Condos has one of the best locations in the city for a downtown commuter: two towers at York and Bremner with an indoor connection to the PATH. It is also a very large, heavily rented building, and that shapes what you should check before buying. I will give you both sides. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
ICE Condos is a two-tower high-rise condominium at 12 and 14 York Street, just south of York and Bremner, in South Core (Harbourfront-CityPlace) in downtown Toronto. It was developed by Lanterra Developments with Cadillac Fairview and designed by architectsAlliance. Wikipedia gives completion of the two towers as 2014 and 2015; the corporation, TSCC-2510, was registered 4 March 2016. The towers are 57 and 67 storeys, and listing data records 1,343 suites (UrbanToronto gave 1,345 at launch). Suites run from about 308 to 1,356 sq ft. Maintenance fees include common elements, heat, air conditioning, water and building insurance.
ICE Condos at a glance
Two towers on the Gardiner ramps
ICE was a partnership between Lanterra Developments and Cadillac Fairview, the landlord behind much of the PATH network. architectsAlliance designed it with a clean, Scandinavian-inspired look: two slim towers, one of 57 storeys and one of 67, the taller reaching about 234 metres. Wikipedia lists the complex among the ten tallest buildings in Toronto.
The towers sit on a shared podium with a green roof that follows the curve of the Gardiner Expressway ramps at York Street, and the podium also connects to the 16 York office tower. That connection is the practical feature: UrbanToronto’s coverage notes the podium includes a PATH link, which means an indoor route into the network that serves the Financial District and Union Station.
Listing data treats both towers as one corporation, TSCC-2510, with 1,343 suites. At launch, UrbanToronto gave 602 suites for the shorter tower and 743 for the taller one. That makes this one of the largest single corporations downtown, which matters for everything that follows.
Small suites, built for the commuter and the investor
Suites run from about 308 sq ft to 1,356 sq ft, and the building is dominated by studios, one-bedrooms and one-plus-dens. Of the 24 suites listed for sale, the eight I reviewed are all studios, one-bedrooms or one-plus-dens in the 400s and 500s, with a single two-bedroom in the 700s. With almost as many suites for rent as for sale, a large share of owners are investors.
At these sizes, layout and view decide value. A suite high in the taller tower facing the lake is a different product from a low suite looking at the Gardiner ramps or straight into a neighbouring tower. Ask whether the suite has a locker and parking, since neither is listed as included in the fee.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
The podium, the green roof and the garage
The podium is more than a base. It ties the two towers to the 16 York office building, it carries a planted green roof that the original marketing made a centrepiece, and it holds the amenities. UrbanToronto’s coverage describes the podium following the curve of the Gardiner ramps, which is why the towers sit at an angle to the street grid.
Amenities include an indoor pool with a hot tub, a sauna, a fitness centre and a yoga studio, a rooftop deck, a party room and a boardroom, according to a corporate housing operator that rents suites here. That operator’s presence is itself a sign of how much of the building is rented out. Parking is in a multi-level underground garage.
One construction note: Wikipedia records a fire at the second tower on 7 May 2015, while it was still being finished, with no injuries reported. I have not seen anything suggesting a lasting effect, but if you are buying in the taller tower, it is reasonable to ask whether any related work appears in the corporation’s records.
What to check before you buy
ICE is well known for its rental activity. With so many small suites and investor owners, the building has long had a strong short-term rental presence, and coverage summarised on Wikipedia notes that Airbnb was given an exclusive hosting arrangement at the complex in 2023. The short-term rental details for this address are in the data panel on this page. If you plan to live here, ask how the current rules on short stays work in practice.
In a corporation of more than 1,300 suites, the rules and the board matter more than usual. Ask for the last two years of board minutes and the status certificate, and ask how the corporation manages short-term rentals, guest access and security. Read the declaration, by-laws and rules on rentals before you firm up an offer.
None of this means you should not buy here. It means you are buying into a large, busy community with many tenants and short-stay guests, and you should go in with the documents read.
Listing data shows the building as self-managed rather than run by an outside management company. That is unusual for a corporation of more than 1,300 suites. Ask who handles day-to-day management, how it is staffed and whether it has changed recently.
Prices and fees at 12 and 14 York Street
The building averages around $863 per square foot. For a 2016 tower with an indoor PATH connection in South Core, that is below what I would expect from location alone, and I think the building’s size, high rental share and amount of competing supply explain part of the gap.
Of the 24 suites for sale, the eight I reviewed ask between $419,000 and $652,999, mostly one-bedrooms and one-plus-dens in the mid $400,000s. That volume of supply gives buyers bargaining power, and it means a seller here competes with many near-identical suites.
Fees on current listings average about $0.82 per square foot, and they include heat and air conditioning as well as water and insurance. That is reasonable for a building with a pool and a large amenity package. Hydro is separate. Parking is not listed as a fee inclusion.
Building specifications
| Building name | ICE Condos (ICE Condominiums I and II) |
| Address | 12 and 14 York Street, Toronto |
| Developer | Lanterra Developments with Cadillac Fairview |
| Architect | architectsAlliance |
| Storeys | 57 and 67 (about 234 m for the taller tower) |
| Total suites | 1,343 in listing data (1,345 per UrbanToronto) |
| Condo corporation | TSCC-2510 |
| Registered | 4 March 2016 |
| Property management | Self-managed (per listing data) |
| Suite sizes | Approximately 308 to 1,356 sq ft |
| Maintenance fees | About $0.82 per sq ft on current listings |
| Fees include | Common elements, heat, air conditioning, water and building insurance |
| Not included | Hydro |
| PATH | Connected through the podium, per UrbanToronto |
Amenities at ICE Condos
A pool, sauna and gym, plus an indoor walk to the PATH, cover most of what a downtown commuter needs without leaving the building. With so many residents and visitors, ask how bookings and access are managed. The PATH link is the one feature no newer tower nearby can easily copy.
Jatin’s honest take on ICE Condos
Who this building suits
Downtown commuters who want an indoor walk to the PATH and Union Station, and investors who want a small suite in South Core with a strong rental market. It suits buyers who are comfortable living in a large, busy building with many tenants and short-stay guests.
What I’d want you to check
Read the declaration, by-laws and rules on rentals and short-term stays, the last two years of board minutes and the status certificate. Ask how the corporation manages short-term rentals and security, and confirm how the building is managed, since listing data shows it as self-managed. Read the reserve fund study, and check whether the suite has parking and a locker. Look at the elevator records in the panel.
The value question
At around $863 per square foot with heat and cooling included, ICE is priced below its location, and I think the gap reflects its size and rental mix. For the right buyer, that is the opportunity; for others, it is a reason to look elsewhere. If you want help deciding which you are, or comparing a suite here with nearby South Core towers, book a call.
Free building report: ICE Condos
Send me your email and I’ll put together a current report on ICE Condos — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
ICE Condos — frequently asked questions
Who built ICE Condos?
Lanterra Developments with Cadillac Fairview, designed by architectsAlliance.
How tall are the ICE towers?
57 and 67 storeys. The taller tower is about 234 metres, which Wikipedia lists among the ten tallest buildings in Toronto.
Are both ICE towers in one condo corporation?
Listing data shows both towers under TSCC-2510, registered 4 March 2016, with 1,343 suites.
Is ICE Condos connected to the PATH?
Yes. UrbanToronto reports a PATH connection through the podium, which also links to the 16 York office tower.
What do maintenance fees include?
Common elements, heat, air conditioning, water and building insurance. Hydro is separate.
Does ICE Condos have a pool?
Yes. Amenities include an indoor pool, a hot tub, a sauna, a fitness centre, a yoga studio and a rooftop deck.
Who manages ICE Condos?
Listing data shows the building as self-managed. Confirm how management is set up in the status certificate.
How big are the suites?
From about 308 sq ft to 1,356 sq ft, mostly studios, one-bedrooms and one-plus-dens.
What should I check before buying at ICE Condos?
Ask for the last two years of board minutes and the status certificate, and ask how the corporation manages short-term rentals and security. Read the rental rules in the declaration and by-laws.
Are pets allowed at ICE Condos?
Listing data notes a pet restriction. Check the declaration and rules for the details.
How much do condos at ICE Condos sell for?
Over the last 12 months the median resale at ICE Condos was $525,000, across 33 sales. The typical unit sold in 35 days at about 96% of the asking price. That works out to roughly $839 per square foot.
How much is rent at ICE Condos?
The median lease at ICE Condos over the last 12 months was $2,300/mo, from 161 leases. Units typically leased in 24 days.
What does each unit type cost at ICE Condos?
Over the last 24 months: Studios rented for $1,950/mo; One-bedrooms sold for a median $479,000 and rented for $2,200/mo; Two-bedrooms sold for a median $640,500 and rented for $3,100/mo; Three-bedrooms sold for a median $755,000 and rented for $4,000/mo. Each median uses three or more deals.
Are prices at ICE Condos up or down since 2022?
Down about 24%. The median sold price per square foot was $1,111 in 2022 and $839 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does ICE Condos offer an investor?
At a median price of $525,000 and a median rent of $2,300 a month, the gross yield is about 5.3%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at ICE Condos?
Mostly renters. Of the deals here in the last 24 months, 82% were leases and 18% were sales.
Can you Airbnb a unit at ICE Condos?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 146 active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has ICE Condos had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is ICE Condos zoned for?
For TDSB public schools, the address is zoned for Jean Lumb Public School (Elementary, JK–8), Jarvis Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to ICE Condos?
The nearest subway is Union station (Line 1 Yonge–University), 0.4 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 0.4 km; UP Express runs from Union station, 0.4 km; the 509 Harbourfront / 510 Spadina streetcar stops 0.2 km away; the closest bus is the Queens Quay East (TTC bus). Distances are straight-line from the building.
What is the Walk Score of ICE Condos?
Walk Score 98, Transit Score 100 and Bike Score 86. Most daily errands can be done on foot.
What restaurants and shops are near ICE Condos?
Within about a 10-minute walk: Tim Hortons (Coffee), Kinton Ramen (Ramen), Subway (Sandwiches), Kinka Izakaya Harbourfront (Japanese), Bar le Germain (Restaurant). The closest grocery store is Longo's, 0.2 km away.
Which parks are near ICE Condos?
Love Park, Roundhouse Park, Toronto Waterfront Park are the closest green spaces.
What is my unit at ICE Condos worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at ICE Condos lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
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.
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
—
—
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.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at ICE Condos, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.