You’re on the Verge of Something Amazing
Verge Condos Key Facts and the 4 Pillars of Success
Located at 1007 The Queensway, Toronto, Ont.
By Riocan Living: Top caliber builder, managing a $12 billion portfolio, 230 properties, with 30 years of experience.
Occupancy Summer 2025
The Building: 10 & 17 Story Sections, over 550 Total Units.
Location: Etobicoke - in a safe, established neighborhood at Islington and the Queensway. At your fingertips is Costo, Walmart, Ikea, Canadian Tire, and the fabulous Sherway Gardens Mall. For entertainment there’s the Cactus Club and restaurants like The Keg. Bustling locations always have plenty of buyer and rental demand in future years.
Easy Commuting - Incredibly accessible to GO Transit, the TTC and subways, and a quick hop to the QEW and Hwy 427 allowing for easy access to everywhere.
1VALET, The Smart Facial Recognition Technology Available at Verge 2
The only key you need is the one with you all the time. Tom Cruise in “Mission Impossible,” would be proud.
Why professional investors are buying here
Scarcity of Condos in Etobicoke - Between two behemoths like Toronto and Mississauga, Etobicoke has very low condo supply. Meanwhile, incomes in Etobicoke are fed by the economic powerhouse of Toronto. Home prices in the area average $1.3mm.
Builder Data on Riocan - Building a community from the ground up takes more than bricks and mortar – it takes people, and Riocan Living keeps people at the centre of everything. So when they select a project’s location, architect and interior designer they’re not really thinking about ‘the project’, they’re thinking about the people who will one day call it home. Other projects brought to market by Riocan are 11 Yorkville, and Kingly Condos to name a few.
Scarcity of Etobicoke Condos
Toronto: 3650 Condos for Sale
Mississauga: 3724 Condos for Sale
Etobicoke: 778 Condos for Sale
Source: MLS July 1, 2021
Stats
The average detached house price in the area is $1.9mm (source: TREB). Condos average $650k.
New Condo Market
In 2021 new condo sales have been averaging $1297 PSF in the GTA. Toronto Condos have been averaging $1437 PSF. Mississauga averaging $1251 PSF.
Dhillon Team’s Access to Verge will average $1150 PSF with parking included!
Incentives
1 Valet & Hi Speed Internet for $53/mo
Reduced Assignment Fee $1000
Occupancy Leasing Permitted
Parking Included on all Units Above 560 SF ($69,000 value)
DC’s Capped: 12K-17K.
15% DEPOSIT
+5% at Occupancy 2025
Launch: Oct 2021
Units: 550+, 9’ ceilings
Suite Types: 1, 1+D, 2 Bedroom, 3 Bedroom
Parking: Free (Suites 560SF+)
Common Fees: $0.61 psf, +$53 Fibre-Internet, +$70 Parking, +$20 Locker
Amenities: Grand Lobby, Ground level retail, Gym, Virtual Golf, and more
Etobicoke Taxes: 0.63%
Developer: Riocan Living
THE HOTTEST Condos
…Will only be sold through Builder vetted Platinum Agents, and not regular realtors.
What Does PLATINUM Mean?
Platinum means relationship. It means builders know us, trust us, and give us the best units and deals. Platinum is earned the way your most loyal relationships were earned. Through regular contact, honesty, and transparency. By doing the right thing, and moving millions of dollars of builder inventory, they elect to reward us with the best deals for our loyal client base. Platinum means Million Dollar Agent.
We Are Investors Ourselves
Many talk the talk. But few walk the walk. As investors ourselves, we have been through the buying and selling process hundreds of times. So we know what it takes to make the most amount of money when it comes to flipping or renting condos. You will benefit from our expertise, and the outcome will be the flawless execution of your entry and your exit. Your WIN will be greater with us than anywhere else.