Waterfront condos in Toronto promise luxurious living spaces with serene views of Lake Ontario. And now, with the Queens Quay revitalization completed and other waterfront renewal projects underway, life by the lake never looked better.

Here's a round up of five of the most exciting new condo developments on Toronto's waterfront.

Daniels Waterfront
The first phase of Daniels Waterfront: City of the Arts, on the site of the former Guvernment Nightclub (RIP), is a 45-storey tower with suites starting at $279,000. This building will be just one part of a massive, mixed-use community created by the Daniels Corporation.

Harbour Plaza Residences
Menkes is constructing two massive towers, 65 and 69 storeys, respectively, at 90 Harbour St. Architect Peter Clewes designed the project, which features 1305 units and amenities including an indoor pool and theatre lounge.

Eau du Soleil
This Empire Communities project is located right on the lake in Etobicoke. It features two side-by-side and connected towers called the Water Tower and the Sky Tower. Units in both start in the mid-$300,000s.

Aqualina at Bayside
Located in the burgeoning Bayside Toronto Community by Hines, this Tridel building at Queens Quay and Parliament has units on sale starting in the low $300,000s. New York City architectural firm Arquitectonica designed the building. It features amenities such as a rooftop infinity pool.

1 Yonge Street
In December 2014, Pinnacle International submitted a revised application to the city for a mixed-use community filled with six soaring towers--including a residential one at 96-storeys--and thousands of condo units. This project will be designed by the award-winning Hariri Pontarini Architects.

Which waterfront condo tops your list? Let us know in the comments.