From $729,900

Overview

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Verge Condos is a new condo development currently in pre-construction by Riocan Real Estate Investment Trust, with 341 units available and sizes ranging from 563 – 972 sq ft. The development is scheduled for completion in 2025. Located at Islington Ave & The Queensway, Toronto, ON.

Highlights at Verge Condos:

  • Verge Condos is a new mixed-use community developed by RioCan Real Estate Investment Trust.
  • The development is located at Islington Ave & The Queensway in the growing and popular Queensway neighborhood of Toronto.
  • Once completed, Verge Condos will feature four condo towers and nearly 600 residential units.
  • The community will include new green spaces and over 31,000 sqft of ground-level retail space.
  • The neighborhood surrounding Verge Condos offers a high Walk Score, with a wide range of local and brand-name amenities within walking distance.
  • The development is situated near Cineplex’s flagship cinema, as well as various restaurants, shopping options, boutique shops, eateries, and cafes along The Queensway.
  • Sherway Gardens, one of the city’s major shopping centers, is just a short commute away.
  • Commuting is convenient for Verge Condos residents, with TTC bus routes accessible right outside the building and TTC streetcar routes and subway lines nearby.
  • Mimico GO Station is located just minutes away, providing further transportation options.
  • Downtown Toronto can be reached in less than 45 minutes by transit, while driving to the downtown core takes less than 15 minutes with easy access to the Gardiner Expressway and Highway 427.
  • Verge Condos is close to Lake Ontario, offering beautiful beaches, lush parks, and peaceful waterfront trails.
  • Humber Bay Park, Mimico Waterfront Park, and Colonel Samuel Smith Park are among the nearby outdoor destinations.
  • Etobicoke, the area where Verge Condos is located, is known for its family-friendly community, prestigious private schools, top-ranking public schools, Humber College Lakeshore Campus, and Toronto Police College.
  • The neighborhood also offers community centers and recreational facilities for various sports and activities, making it an ideal place to raise a family.
  • RioCan, Canada’s largest real estate investment trust, is the developer behind Verge Condos.
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Verge Condos

Details

  • C.C / Maint:
    $0.61/SF sqft
  • Architect(s):
    Turner Fleischer Architects
  • Price ($):
    From $729,900
  • Est. Occupancy:
  • Price Range:
    From $729,900 - $1,134,900
  • Parking:
    $69,000
  • Builder (s):
    Riocan
  • Suites:
    341
  • Storeys:
    17
  • Suite Size:
    563 - 972 sq ft
  • Price / sq ft from:
    $1,145
  • Parking Maint:
    $69.95 / month
  • Locker Maint:
    $19.95 / month
  • Cost of Locker:
    Included
  • Ceiling Height:
    From 9' to 10'4"
  • VIP Launch:
    Oct 07, 2021

Amenities

  • 24 Hour Concierge
  • BBQ Areas
  • Co-working Space
  • Fitness Centre
  • Games lounge
  • Kids zone
  • Party Room
  • Pet spa
Deposit Structure

$10,000 on signing
Balance to 2.5% in 30 days
2.5% in 180 days
Final 5% in Fall 2024

Incentives

Development Levies
1 Bed and 1 Bed plus Den $12,000 2 Bed $15,000 3 Bed $17,000

Assignment Policy
$1,000

Floor Plans

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