Property Details

Verge - Phase 2


VERGE IS AN EXCITING NEW COMMUNITY BY RIOCAN LIVING, COMPRISED OF A 10-STOREY, 203-SUITE MID-RISE CONDOMINIUM, AND A 17-STOREY, 341-SUITE HIGH-RISE CONDOMINIUM, EACH WITH ITS OWN DISTINCT LOBBY AND EXPANSIVE INDOOR AND OUTDOOR AMENITY OFFERING. SUITE FLOOR PLANS RANGE FROM ONE TO THREE BEDROOMS.

VERGE WEST TOWER SOLD FAST WITH UNPRECEDENTED SUCCESS. VERGE EAST TOWER IS THE SECOND PHASE OF THIS EXCITING NEW COMMUNITY.

As a new residential landmark at the southwest corner of Islington Avenue and The Queensway, Verge is in a vibrant neighbourhood full of local restaurants, cafés, parks, and entertainment options. The proximity to the QEW, Gardiner Expressway, and Highway 427, as well as Islington Station will draw people looking to live closer to downtown Toronto but without paying prices more common in the downtown core. On the verge of excitement and relaxation, connections and conveniences, you can live well here, any way you choose. Raise the bar on your expectations, every day.

Verge is where you can connect to what matters … to you.


AMENITIES & FEATURES


Building:

  • 1Valet Integrated Smart Living in all suites
  • Hi-Speed Internet
  • Ceiling heights (smooth finish)
    • 9ft - Floors 3-8, 10-16
    • 10ft - Floors 2 and 17
    • 10.4ft - Floor 9
  • All Suites Include Outdoor Space
    • Balcony or Terrace (as per plan)
  • Gas Lines
    • Included with select Terrace Suites on Floors 2, 6 & 11
  • Visitor Parking & Retail Parking available


Ground Level:

  • Double Height Lobby with 24-hour Concierge
  • State-of-the-Art Parcel Room
  • Co-Working Space
  • Pet and Bike Wash Station


Level Two:

  • Kids' Studio
  • Fitness Studio
  • Two Interactive Private Fitness Studios
  • Golf Simulator


Level Nine:

Outdoor:

  • Expansive Terrace
  • Co-Working Spaces and Cabanas
  • Lounge Seating and Fire Pits
  • BBQs and Outdoor Dining

Indoor:

  • Party Room and Kitchen
  • Games Room


Level Eleven:

  • Outdoor Terrace with Lounge Seating
  • Putting Green


INCENTIVES

Only 5% down until the Fall 2024!

$10,000 on signing

Balance to 2.5% in 30 days

2.5% in 180 days

Final 5% due on September 30, 2024

Upgraded Suites - up to $20,000 value

Parking: $79,000 $69,000 (available for suites >515 sq ft)

Locker: $7,500 (available for all suites)

Reduced assignment fee

$5,000 $1,000 + HST (excl legal fees)

Development, Education and Transit Charges Capped

1 BR & 1 BR + DEN Suites - $12,000 + HST

2 BR & 2 BR + DEN Suites - $15,000 + HST

3 BR Suites - $17,000 + HST

Option to lease during interim occupancy




Additional Details

  • City
    Etobicoke
  • Price Range
    $574,900 - $1,114,900
  • Unit Sizes
    476 - 972 sq ft
  • Units
    341
  • Stories
    17
  • Completion
    Summer 2025
  • Maintenance Fee
    $0.62 per sq ft

Location

1007 The Queensway , Etobicoke

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Shara Ansari
Shara Ansari
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