Verge Condos Tower 2

Location: 1001 The Queensway, Etobicoke

About

Verge Condos is a dynamic new development by RioCan Living, featuring two mid-rise towers designed to offer a vibrant urban lifestyle. The first tower is 17 storeys with 545 units, while the second tower is 11 storeys with 341 units. Located along The Queensway, this community offers a blend of residential, retail, and lifestyle amenities in one of Etobicoke’s most connected locations.

What You Need To Know

Developer: RioCan Living
Location: 1001 The Queensway, Etobicoke
Home Types: Condominiums
Number of Storeys: 17 and 11
Number of Units: 886
Starting Prices: From the high $500’s
Tentative Occupancy: Tower 1 in 2025, Tower 2 in 2026

Mobility

Transit Score

Bike Score

Walk Score

Quick access to Gardiner Expressway and Highway 427, facilitating seamless travel across the GTA.
Close proximity to Mimico GO Station and Kipling Transit Hub, offering multiple transit options into Toronto.
Minutes to CF Sherway Gardens for shopping, dining, and entertainment.

Key Details

Deposit Structure:

$10,000 on signing
Balance to 5% in 30 days
2.5% in 180 days
2.5% in 540 days
5% on occupancy

Incentives:

Free Assignment
Capped development levies
Right to lease during occupancy

Amenities

Verge Condos by RioCan Living offers a wide range of amenities that are thoughtfully designed to enhance the urban living experience. Here are the amenities available at Verge:
Fitness Centre and Yoga Studio: A state-of-the-art fitness area designed to cater to a variety of workout preferences, from strength training to relaxing yoga sessions.
Co-Working Space with Soundproof Workstations: Perfect for those who work from home, featuring dedicated spaces that ensure productivity and focus.
Party Room and Cocktail Lounge: Ideal for hosting gatherings, celebrations, or simply enjoying a night in with friends in a sophisticated setting.
Outdoor Terraces with BBQs: Multiple outdoor spaces are equipped with barbecue areas, lounge seating, and games, creating a vibrant environment for socializing and relaxation.
Content Studio: Designed for creative work and digital content creation, catering to the needs of modern influencers, photographers, and professionals.
Kids’ Play Area: A safe and engaging space for young residents to play, ensuring that families have amenities that cater to all ages.

Developer

RioCan Living is renowned for its innovative approach to urban living, blending residential, retail, and commercial spaces to create vibrant communities. With over 25 years of experience, RioCan’s portfolio includes successful projects like Pivot Condos in Yonge-Eglinton and Kingly Condos in King West.

Why Invest in Etobicoke?

Etobicoke is a rapidly growing community with easy access to downtown Toronto, expansive green spaces, and top-rated schools. The area boasts a diverse economy, attracting major employers and offering robust rental demand. With continued infrastructure improvements, including new transit expansions, Etobicoke remains a prime investment location with strong potential for appreciation.