Verge West Tower was the project of the summer! Prepare to live a life on the verge of access, opportunity, connections, and convenience.
The Verge East Tower is set to open this fall.
- RioCan Living
- 1001 The Queensway, Etobicoke, ON
- 17 Storeys
VERGE CONDOS EAST TOWER
Verge Condos is a new pre-construction condo development by RioCan Living. Coming soon to 1001 The Queensway in Etobicoke. The major intersection is at The Queensway and Islington Avenue.
Project Name: Verge Condos
Address: 1001 The Queensway, Etobicoke
Developer(s): RioCan
Architect(s): Core Architects
Building Type: Condominium
Ownership: Condominium
Building Status: Pre-construction
Selling Status: Planning
Storeys: 17
Suite Type: 1 – 3 Bedroom(s)
Launch: 2021
AMENITIES
- 24hr Concierge Attended Lobby
- State-of-the-art Parcel Room
- 1Valet Integrated Smart Living throughout
- Co-working Space
- Fitness Facility
- Yoga Room
- Content Studio
- Pet & Bike Wash Station
- Outdoor Terrace with Lounge
- Outdoor Games Area
- Outdoor Kids' Play Area
- Outdoor Dining
- BBQs
- Lounge Seating & Fire Pits
- Party Room and Kitchen
- Cocktail Lounge
HIGHLIGHTS
- Steps to TTC Stop
- Short Drive to Gardiner Expressway
- Close to schools and public community centre
- Close to parks and shopping
- Close to Islington-City Centre
- Nearby parks such as Queensland Park, Queensway Park and Winslow Dalesford Park
WHY INVEST
Verge Condos at 1001 The Queensway is located in the Islington-City Centre West neighbourhood in Toronto. Fronting on a large block that houses Cineplex’s flagship Queensway Cinemas (and its massive parking lot), the Milestones, Montana’s Cookhouse, as well as Kelsey’s restaurants do a strong business. RioCan strives to put the site to better use. Surrounded by mostly low-rise, suburban built form, with much of The Queensway currently dominated by rows of strip retail to the east and west.
THE PLANNING PROCESS
The development was submitted late last year, and the planning process is now in its early stages. This is more an indicator of the massing model, which is subject to change as the proposal evolves.
Verge Condos is a mixed use development a total of two residential towers that have been situated on a 4-storey podium. The podium are separated by an 11-m wide driveway access into the site. 15,295 sq ft of outdoor amenity space is located in the central portion of the site.
The project’s tallest building—located closest to the intersection of Queensway and Islington—would rise to a height of 17 storeys, sharing a podium with a 12-storey building immediately to its west.
DESIGNED BY CORE ARCHITECTS
The 588-unit development would include 31,000+ of retail area while fronting onto The Queensway—indicating that any of the restaurants or the bank onsite could return after construction—while a green space is planned in between the two four-storey podium structures. The residential lobbies for each building would be located at the south end of the podiums “in order to ensure an activated pedestrian realm along The Queensway” with new retail, the Planning Rationale states.
As currently proposed, the residential unit mix would include 69 studios (11.7%), 280 one-bedroom + den (47.6%), 227 two bedroom + den (38.7%), as well as 12 three-bedroom + den suites (2%). A two-level underground parking garage will feature a total of 591 vehicle spaces, which would be divided into 475 residential as well as 116 visitor/commercial spaces. 442 bicycle spaces are also proposed
THE DEVELOPER - RIOCAN LIVING
RioCan Living is the Canada’s leading and most trusted real estate investment trust, with a name that can be seen from coast to coast. They started by concentrating on commercial estate, and have also recently expanded into the residential construction side of the market, and they are still redefining the way we live in the Greater Toronto Area.
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Contact
MARK LI | mycondopro.ca | 416-500-5355 | mark@mycondopro.com
CENTURY 21 Leading Edge Realty Inc.
Independently Owned and Operated