Verge Condos Hero Rendering
Verge Condos Lobby
Verge Condos Ground Floor Amenities
Verge Condos 9th Floor Amenities
Verge Condos Kitche
Verge Condos Fitness Room
Verge Condos Studio
Verge Condos Partyroom
Verge Condos Bathroom
Verge Condos Cocktail Room
Verge Condos Co Working Space
Verge Condos
Verge Condos Exterior
Verge Condos Terrace

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Verge Condos Phase 2

Last Updated: March 8, 2024

Verge Condos Phase 2 is a new condo development by RioCan Living currently in pre construction at 1001 The Queensway, Toronto. Verge Phase 2 is launching following the immensely popular phase 1 launch which was one of Toronto’s hottest launches of 2021. This new master planned community is located in the heart of Etobicoke. In total this community will provide over 500 residential units over 3.25 acres. Residents will also have over 12,000 square feet indoor and 12,500 square feet of outdoor amenities.

Verge will revolutionize condominium living in Etobicoke. Residents will enjoy, stylish condominium suites paired with curated indoor and outdoor amenities. Live 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 TTC Station.

Quick Facts

Developers

Rio-Can

Building Status

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Address

1001 The Queensway, Toronto, ON

Selling Status

Top Picks

Occupancy

Summer 2025

Launch Date

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Property Details

Storeys/Suites

17 Storeys/341 units

Ownership

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Unit Types

1 bedroom to 3 bedroom suites

Architects

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Suite Size

476 to 972 sq ft

Interior Designers

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Pricing & Fees

Pricing

$574,900 to $1,114,900

Cost of Parking

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Cost of Locker

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Maintenance Fees

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Parking Maintenance

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Locker Maintenance

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Deposit Structure

Extended Deposit Structure
* Limited Time Only
$5,000 on Signing
Balance of 5% in 30 days
5% in 210 days
2.5% in 365 days
2.5% in 565 days
5% on Occupancy

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Highlights

Walking distance to grocery stores, banks, eateries, cafes, restaurants, and much more
Numerous TTC bus routes accessible from your front door
Mimico GO Station located minutes way
Reach downtown Toronto in less than 45 minutes
Minutes from Lake Ontario and its beautiful beaches, lush parks and tranquail trails
1 minute to the Gardiner Expressway
5 minutes to Islington Station
6 minutes to Humber College – Lakeshore Campus
7 minutes to to Sherway Gardens
7 minutes to Highway 427
9 minutes to the Lakeshore Boardwalk
15 minutes to Downtown Toronto
12 minutes to Pearson & Billy Bishop Airports
Humber College’s Lakeshore Campus is a short drive or bus ride to the south
Big-box stores such as IKEA and Canadian Tire dot the surrounding area

Incentives

First access to best availability
Lawyer Review of Purchase agreement
Free Mortgage Arrangement.
Parking Included (69,900 Value)
(One parking space included for all suites 560 sq.ft. & larger)
Locker Included (7,500 Value)
(One above-grade and/or on floor storage locker included for all suites)
Reduced Assignment Fee
[5,000 $1,000 (excluding legal fees)]
Development, Education & Transit Charges Capped
- One Bedroom & One+Den Suites – 12,000
- Two Bedroom & Two+Den Suites – 15,000
- Three Bedroom Suites – 17,000
Option to Lease during interim occupancy

Building Amenities

Double Height Lobby with 24hr Concierge
State-of-the-art Parcel Room
Co-working Space
Pet & Bike Wash Station
Kid’s Studio
Fitness Studio
Two Interactive Private Fitness Studios
Golf Simulator
Expansive Terrace
Co-working Spaces and Cabanas
Lounge Seating & Fire Pits
BBQ’s & Outdoor Dining
Outdoor Terrace & Putting Green

Suite Finishes

9′ ceiling heights
Floor-to-ceiling windows
Luxury laminate flooring in all specified areas
Designer contemporary-style kitchen cabinetry in a variety of finishes and styles
Quartz countertops and backsplash
Stainless steel appliances
Stacked Washer & Dryer
Designer cabinet vanities with white porcelain sink
Frameless glass shower door

About the Neighborhood

Residents of this development will find all necessities anyone could possibly require in close vicinity. Everything from super markets, warm cafes, trendy restaurants, boutiques and big box stores are located nearby. Residents also have many dining options from fast food, casual dining to posh and trendy eateries to choose from. You can also find numerous parks and green spaces nearby to enjoy as well. Families have numerous schools in the community to choose from including prestigious public and private schools. Motorists have many major highways nearby to choose from to help travel across GTA, and commuters have multiple public transit options to choose from.

Walkscore

PDF Files for Verge Condos Phase 2

Incentives - Verge Condos Phase 2.pdf
Feature Sheet - Verge Condos Phase 2.pdf
Price List - Verge Condos Phase 2.pdf
Worksheet - Verge Condos Phase 2.pdf
Amenity Plan - Verge Condos Phase 2.pdf
Renderings - Verge Condos Phase 2.pdf
Floor Plans - Verge Condos Phase 2.pdf
Project Presentation - Verge Condos Phase 2.pdf
Key Plate - Verge Condos Phase 2.pdf
Brochure - Verge Condos Phase 2.pdf