10 Toronto Condos With Breathtaking Balconies and Terraces

By Josh Sherman | 4 minute read

Pictured above, the terrace of a two-storey penthouse condo unit currently available for sale on the Toronto waterfront.

In dense urban environments like Toronto, outdoor space comes at a premium.

As property values in Toronto soar and condos continue to proliferate, many homebuyers continue to opt for high-rise living to secure a prime central location or lower price point. While these urban dwellings may lack a traditional yard, the following listings show you can still have enviable outdoor space in a condo.

Continue scrolling to see 10 Toronto condos with breathtaking balconies and terraces.

1. A Garden Terrace in Midtown Toronto  

Address: 6 Jackes Avenue, Unit #201
Price: $2,200,000

Located in the Deer Park neighbourhood, the Jack Condos, which was completed by Aspen Ridge Homes, in 2019, boasts a great address for nature lovers. It’s a short walk to a large park, ravine system, and several other diminutive green spaces.

This suite, found on the Jack Condo’s second floor, also has a 400-square-foot garden terrace so the owners can enjoy some privacy outdoors without leaving the comfort of their building.

2. Sweeping Waterfront Vistas From a Penthouse Suite  

Address: 2121 Lake Shore Blvd., Lower Penthouse #2603
Price: $3,050,000

Steps from the water and the breezy Humber Bay Shores Park, this penthouse suite in the Voyager I at Waterfront Condos, a 2004 project by Monarch Developments, has four separate walkouts to a giant terrace.

No matter which door you choose, once you’re on the terrace, there are unobstructed, sweeping 180-degree views of Lake Ontario.

3. Soaring Skyline Sights, in the Heart of Yorkville  

Address: 200 Cumberland St., Unit 3403

Price: $8,878,000

The Yorkville neighbourhood is known for its affluence, but even among Toronto’s wealthy, this 3,300-square-foot unit should impress — and not least of all due to its outdoor space. 

The terrace has southern exposure making it an ideal place for sun worshippers to soak up some rays. 

4. Beachside Balconies (Plus a Terrace)  

Address: 1 Edgewater Dr., Unit 716
Price: $4,195,000

This Harbourfront condo, near Sugar Beach, has more outdoor space than many people have living space.

The stylish Aquavista Condos unit has a massive 1,697-square-foot terrace, as well as not one but two additional balconies. The tower was topped off by Tridel about three years ago.

5. A Sub Penthouse, Smack Dab in the Middle of Downtown Toronto  

Address: 224 King St., Unit 4602

Price: $4,599,900

Dubbed the Theatre Park condos because of the neighbourhood Royal Alexandra Theatre, the development that this sub penthouse is located within is smack dab in the city’s Entertainment District. That’s great news for homebuyers looking for non-stop cultural attractions — but what about the outdoors?

Fornaturely for the owners of the sub penthouse, there’s a spacious wraparound balcony perched way above the hustle and bustle of one of Toronto’s liveliest neighbourhoods. 

6. One of the “Most Sought After” Terraces in Toronto?  

Address: 206 Bloor St. W., Suite 502

Price: $4,695,000

What this condo unit’s terrace may lack in size — it’s 204 square feet — it more than makes up for in visual interest. It overlooks one of Toronto’s most iconic (though according to some, also most hated) architectural examples.

The aptly named Museum House condos — which the listing claims is the “most sought after building in Toronto” — is directly across the street from the unmistakable Royal Ontario Museum, with its starchitect Daniel Libeskind-inspired “Crystal” addition.

7. A Shared Rooftop Patio With Some Old-School Character  

Address: 1132 Bay St., Suite 802

Price: $2,699,800

Residents began moving into the Eleven Thirty Two Condos around 1984, making it one of the city’s older condo buildings. Despite its age, those who live in this centrally located tower don’t have to sacrifice outdoor amenities.

The building comes complete with a charming fifth-floor patio featuring a distinctive brick arch. The space is shared among the building’s residents, but it shouldn’t get crowded. It’s a boutique tower with about two units per floor for a total of 25 residences.  

8. “Your Backyard in the Sky”  

Address: 77 Harbour Sq., Unit 3809

Price: $4,100,000

Another multi-balcony waterfront dwelling, this penthouse’s main outdoor attraction is its 700-square-foot terrace, which the listing describes as a “backyard in the sky.”

Apparently, the unit hasn’t been on the market in more than 20 years, and with views like these, it’s easy to see why a homeowner wouldn’t want to give it up.

9. Lofty Outdoor Space in Liberty Village  

Address: 43 Hanna Ave, Unit 423

Price: $3,480,000

Authentic lofts are known for their character, often stemming from their industrial roots and including touches like exposed brick and hardwood floors. They aren’t as commonly associated with great private outdoor space, since private terraces weren’t exactly typical features of early industrial brick-and-beam buildings.

However, this roughly 3,200-square-foot Liberty Village loft is an exception, boasting a 600-square-foot secluded rooftop terrace.

10. A Two Storey Penthouse With Lakeside Views for Days   

Address: 10 Queens Quay W. Penthouse 2

Price: $2,799,000

During the cooler months when you’re cooped up inside, this newly renovated waterfront penthouse has the benefit of a house-like feel thanks to the fact that it spans two storeys.

Clearly, though, it’s not short on outdoor space.