Living in Waterford Towers: Humber Bay Shores, Etobicoke

By Jatin Dua · Updated August 10, 2026 · 7 min read

The building

The Waterford was completed in 2005 by Canderel, and it reads as a deliberate middle path. EtobicokeCondominiums.ca describes the complex as three buildings — two towers of 16 floors and a third of 10 — totalling 283 units; Strata.ca’s consolidated listing records 284 units and describes the complex as 17 storeys. I flag the one-unit and one-floor discrepancies rather than smooth them over; the substance is agreed: three connected buildings, mid-rise scale, and something in the neighbourhood of 283 suites.

What stands out in the listing data is the range of suite sizes — Strata.ca records units from about 350 square feet up to roughly 7,000, which is an extraordinary spread for one complex and means Waterford serves everyone from first-time buyers to people consolidating a house into a single grand residence. Listed amenities include a 24-hour concierge, a counter-current lap pool, sauna, gym, party room, guest suites and a common rooftop sundeck with barbecue area.

Three buildings sharing a complex also means shared facilities and a governance structure worth understanding — which corporation you are buying into, and what is shared between them — so have your lawyer walk you through the status certificate rather than assuming the whole complex runs as one.

Location and getting around

Waterford sits on the lake side of Lake Shore Boulevard West, mid-strip in Humber Bay Shores — west of the Palace towers, east of the Park Lawn cluster. That mid-strip position is quietly practical: the Waterfront Trail and the lakeside parks are effectively across the lawn, while the neighbourhood’s shops and restaurants around Marine Parade Drive and Park Lawn Road are a comfortable walk rather than a drive.

For commuting, buses along Lake Shore Boulevard West connect to the streetcar corridor and towards Mimico GO station, cyclists ride the Martin Goodman Trail downtown along the water, and drivers are minutes from the Gardiner Expressway ramps at Park Lawn. It is one of the more balanced locations on the strip — close enough to everything without sitting on top of the busiest corner.

What day-to-day life offers

Day to day, Waterford life is defined by the parkland at the door. Humber Bay Park East, the trail network, the off-leash areas and the lookouts over the bay are all in immediate walking range, and the rooftop sundeck gives residents a shared vantage over the lake and skyline in summer. The counter-current lap pool is a distinctive touch — a swimmer’s amenity rather than a splash pool, in keeping with the building’s quieter, more grown-up character.

At around 283 suites across three buildings, the complex is small enough that lobbies and elevators stay calm, but large enough to sustain a full-time concierge and a proper amenity base. Residents describe the appeal in similar terms to the boutique buildings further east: you recognize your neighbours, and the buildings do not feel like transit hubs at 8 a.m.

Who this building suits (and who it may not)

Waterford suits buyers who want the waterfront without the mega-tower experience: professionals who want a manageable, well-located building; downsizers drawn to the very large suites at the top of the range; swimmers and trail people generally. The wide suite spectrum means it can be a starter building and a forever building at once.

It is less suited to buyers whose priority is a maximal amenity package — the newer towers west of Park Lawn compete on facilities in a way Waterford deliberately does not — or those who want brand-new finishes without renovation.

Buying or renting here

With about 283 suites and an owner-heavy profile, turnover at Waterford is steady but not deep, and the largest suites trade rarely enough to be their own market. Buyers should watch patiently for the right stack and exposure; sellers benefit from positioning against the newer towers on calm, space and location rather than amenity count.

For tenants and landlords: first occupancy here predates Ontario’s 15 November 2018 rent-control cut-off by well over a decade, so guideline increases generally apply to sitting tenants. The details are in my explainer, Is my Etobicoke rental rent-controlled?

Frequently asked questions

Sources

• EtobicokeCondominiums.ca — The Waterford, 2083–2095 Lake Shore Blvd W. Completion in 2005 by Canderel; two 16-floor towers and one 10-floor building; 283 units; amenity descriptions including the counter-current lap pool and rooftop sundeck. Accessed 10 August 2026.
• Strata.ca — Waterford Towers Condos, 2083–2095 Lake Shore Blvd W. 2005 completion, 284-unit count, 17-storey description, unit size range of roughly 350–7,000 sq ft, and amenity list. Accessed 10 August 2026.

Related reading

• Living in Voyager I & II at Waterview — the Monarch towers next door
• Living in Palace Pier
• Living in Marina del Rey
• Living in Waterscapes
• The complete Humber Bay Shores condo buildings guide
• Etobicoke community guide