Verge Condos - Phase 2

About This Project

[highlight=transparent]Project Name: [/highlight]Verge Condos - Phase 2

[highlight=transparent]Type: Pre-construction Condos[/highlight]

[highlight=transparent]Major Intersection: [/highlight]The Queensway & Islington Ave

[highlight=transparent]Address: [/highlight]1001 The Queensway, Toronto, ON M8Z 6C7, Canada

Units: 341

Storeys: 17

Developer: RioCan Living

Architect: Turner Fleischer Architects

Landscape: Forrec

Interior Designer: DesignAgency

[highlight=transparent]Occupancy Date: 2025[/highlight]

Verge will revolutionize condominium living in Etobicoke. Residents will enjoy, stylish condominium suites paired with curated indoor and outdoor amenities at one of the most convenient locations in Toronto for both transit and driving. Be downtown in minutes via the Gardiner Expressway or hop on the subway at Islington Station. With Sherway Gardens shopping only five minutes west by car, and a wide range of restaurants, cafés, and retail close by, The Queensway is where connections, conveniences and indulgences converge.

Verge East Condos (Verge Phase 2) will be 17 storeys with 545 mixed condo units. Units will be a mix of one bedroom, two bedroom and three bedroom layout. Units will range from 477 square feet to about 907 square feet. The estimated completion date for Verge East Condos is set for Spring 2025.


WHY CHOOSE VERGE CONDOS - PHASE 2

✔️ Located in the Islington-City Centre West neighbourhood in Etobicoke
✔️ 7 minutes to Mimico GO Station
✔️ 15 minutes to Kipling Subway Station & Kipling GO Station
✔️ Close access to the Gardiner Expy
✔️ Close to shops, restaurants and schools
✔️ Nearby parks include Innis College Green, Trinity College Field and Taddle Creek Park


LIMITED NEW RELEASE**
*INCENTIVES

✔️ ONLY 5% DOWN UNTIL FALL 2024!

Deposit Structure:
• $10,000 on signing
• Balance to 2.5% in 30 days
• 2.5% in 180 days
• Final 5% in 540 days

✔️ UPGRADED SUITES – Up to $20k Value

✔️ PARKING: $69,000
Available for all suites 560 sq.ft. & larger

✔️ LOCKER INCLUDED ($7,500 Value)
One storage locker included for all suites

✔️ REDUCED ASSIGNMENT FEE
$5,000 $1,000 plus HST (excluding legal fees)

✔️ DEVELOPMENT, EDUCATION & TRANSIT CHARGES CAPPED
One Bedroom & One + Den Suites - $12,000 plus HST
Two Bedroom & Two + Den Suites - $15,000 plus HST
Three Bedroom Suites - $17,000 plus HST

✔️ OPTION TO LEASE DURING INTERIM OCCUPANCY


*EXTENDED DEPOSIT STRUCTURE

• $10,000 due on signing

• Balance to 5% due in 30 days

• 5% due in 365 days
• 5% due in 720 days
• 5% due on Occupancy