Verge Condos 2
Verge Condos 2 is a New Condo development by Riocan Real Estate Investment Trust located at Islington Ave & The Queensway, Toronto.
Starting from $724,900
EXTENDED DEPOSIT STRUCTURE
REDUCED ASSIGNMENT FEE
OPTION TO LEASE DURING INTERIM OCCUPANCY
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 1001 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 five 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 8 storey and 10 storey towers -Towers A and B – will rise out of the 4 storey podium. Building 2 will have three towers rising out of them, one 10 storeys tall, one 11 storeys tall and another 17 storeys tall – these will be Towers C and D.
All together, this master-planned community will have a total of 545 units on a 3.25 acre site. The first set of towers on the west side of the complex will come with one to three bedroom layouts with sizes ranging from 478 to 879 square-feet. Each suite will also come with its own private balcony or terrace which extend the square-footage of the suites.
The Verge community will have over 12,000 square-feet of indoor amenities, over 12,500 square-feet of outdoor amenities and over 30,000 square-feet of expertly curated retail. The west tower will be introduced to the community first and will come with unique amenities including a modern double height lobby with concierge service connected to a co-working space on the ground floor, a pet/bike wash station, a content studio – the first of its kind – where residents can use it as a music studio to create their own content, a fully equipped fitness centre with a yoga studio. On the ninth floor the amenities will continue including a party room and cocktail lounge, a large outdoor terrace with dining and lounging areas, a kids play area and a shuffleboard area. The Verge West Tower will also include 1Valet integrated smart living throughout, Italian kitchens and vanities and 9 ft smoothing ceilings in the suites.
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.
Maziar Moini Broker
Home Leader Realty Inc.
Last Update September 14, 2022
Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
416-599-9599 ext:150 Cell : (647) 699-5900 Fax: 1-800-970-7654
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