Verge Condos Summary
This new condo development is located on one of the most important corridors in Etobicoke, this project aims to densify the neighbourhood while also improving its life quality.
Verge Condos is a new master-planned community by RioCan Living and it will be in Etobicoke. This pre-construction development is located at The Queensway in the Queensway neighbourhood.
Located on one of the most important corridors in Etobicoke, this project aims to densify the neighbourhood while also improving its life quality. This stretch of the Queensway is a major commercial sector, so residents will have everything they need at their fingertips.
Verge Condos offers a wide range of units, so we’re sure we can find you a perfect fit no matter what you’re looking for. Multiple employment centres are easily reached from this location too, so this could be a great fit for investors who are looking for income properties!
The entire development will encompass four residential towers that will rise out of two 4 storey podiums. There will also be an 11 metre driveway located in between the two podiums.
Building 1 will be on the western side of the driveway in the northwest section of the site. Two 12 storey towers -Towers A and B – will rise out of the 4 storey podium. Building 2 will also have two towers rising out of them, one 12 storeys tall and another 20 storeys tall – these will be Towers C and D.
All together, this master-planned community will have a total of 545 units. This will be divided into 69 studio units, 280 one bedroom (+ den) units, 227 two bedroom (+ den) units, and 12 three bedroom (+ den) units.
The ground level of the both buildings will feature commercial retail units that will face out toward The Queensway. The retail units will culminate to a total of 28,363 square feet of floor space.
Verge Condo site will take over a property that is currently occupied by three restaurants. To the north there are two connected 9 storey residential buildings with ground level commercial retail units. To the east is Islington Avenue, across from which are residential townhouses. To the south is The Queensway Cineplex Theatre. To the west is Dorchester Avenue and low-rise commercial buildings.
There will be ample parking space in this development. It will have a total of 591 parking spots, 475 of which will be allocated to the residents of the development, while the remaining 119 will be for visitors and commercial use. There will also be 442 residential bicycle parking spots.
The plans call for 14,454 square feet of “programmable green space.” This means that while this plot of land will be allocated for green space, the actual design and amenities have not yet been determined. It will be conveyed by the City of Toronto, and it will help the city reach its parkland goals.
Verge Condos will have amenities situated on each one of its fifth floors, and they will be accessible by all the members of the community. There will also be an outdoor terrace on the fifth, tenth, and thirteenth floors of Buildings 1 and 2.