River City Phase 1 Condos — Toronto Pre-Construction
River City Phase 1 is a resale pre-construction condos development by Urban Capital Property Group in Toronto's Corktown. Get pricing, floor plans, deposit…
River City Phase 1 Quick Facts
| Project Name | River City Phase 1 |
|---|---|
| Developer | Urban Capital Property Group |
| Address | 47 Lower River Street & 51 Trolley Crescent |
| City | Toronto |
| Neighbourhood | Corktown |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 16 |
| Suite Sizes | 349 – 1200 sq ft |
| Pricing | Register for pricing |
| Maintenance Fees | $0 / sq ft / month |
| Occupancy | 2013-01-01 |
| Walk Score | 92 |
| Transit Score | 93 |
About River City Phase 1 in Toronto
River City Phase 1 Condos is a completed condominium development by Urban Capital Property Group at 47 Lower River Street & 51 Trolley Crescent in the Corktown neighbourhood of Toronto. The 16-storey project rises 50 metres (164 feet) and contains 345 suites. Architecture is by Saucier + Perrotte Architects & ZAS Architects. River City Phase 1 Condos was completed in 2013. Suites range from 349 to 1,200 sq. ft. The location has a Walk Score of 92 and a Transit Score of 93. At 50 metres, River City Phase 1 Condos ranks #12 by height among 20 tracked projects in Corktown.
River City Phase 1 is also marketed as River City Phase 1 Condos, and listed in the developer's material as River City Phase 1 Condos.
Key Highlights of River City Phase 1
From the Developer:
As the first phase of Toronto's new revitalized waterfront, River City is Toronto's groundbreaker for the twenty first century.
A five building community of over 900 loft-style condominiums and family-friendly townhouses, together with street-level restaurants, cafes, and boutiques, it is about a new way of living, and a new style of living, unlike any other in Toronto.
River City Phase 1 Renderings & Gallery
River City Phase 1 Floor Plans & Price List
Floor plans, the current price list and deposit structure for River City Phase 1 are released to registered buyers first. Request the River City Phase 1 floor plans and pricing.
Amenities & Finishes
- ["-Pool\n-Exercise Room\n-Guest Suite"]
Location: 47 Lower River Street & 51 Trolley Crescent
River City Phase 1 is located at 47 Lower River Street & 51 Trolley Crescent, Toronto in the Corktown neighbourhood, Greater Toronto Area.
- Walk Score: 92/100
- Transit Score: 93/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Urban Capital Property Group
River City Phase 1 is being developed by Urban Capital Property Group, with architecture by Saucier + Perrotte Architects, ZAS Architects.
See all Urban Capital Property Group pre-construction projects.
How to Buy at River City Phase 1
- Register early. Allocation at River City Phase 1 in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for River City Phase 1 are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for River City Phase 1
Budget beyond the purchase price at River City Phase 1: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $0 per sq ft per month.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at River City Phase 1. Confirm each in the current agreement of purchase and sale before you sign.
River City Phase 1 — Frequently Asked Questions
Where is River City Phase 1 located?
River City Phase 1 is located at 47 Lower River Street & 51 Trolley Crescent, Toronto in the Corktown neighbourhood.
Who is the developer of River City Phase 1?
River City Phase 1 is being developed by Urban Capital Property Group.
How much do units at River City Phase 1 cost?
Pricing for River City Phase 1 has not been publicly released. Registered buyers receive the price list first.
When is occupancy at River City Phase 1?
Estimated occupancy for River City Phase 1 is 2013-01-01.
How many units are in River City Phase 1?
River City Phase 1 is planned as a 16-storey condo development.
How do I get platinum or VIP access to River City Phase 1?
Circle Real Estate provides platinum access to River City Phase 1, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for River City Phase 1 pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.