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5 Peaks Residences

5 Peaks Residences, an exciting new condominium project by Gemterra Developments Corporation. Located at Kennedy Road & Sheppard Avenue East in Toronto, this master-planned community is set to redefine modern living in the vibrant Agincourt neighborhood.

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Last Update : 1 February 2025

5 Peaks Residences: A Premier Condo Development in Agincourt

Summary

Welcome to 5 Peaks Residences, an exciting new condominium project by Gemterra Developments Corporation. Located at Kennedy Road & Sheppard Avenue East in Toronto, this master-planned community is set to redefine modern living in the vibrant Agincourt neighborhood. With a mix of high-rise residential towers and office spaces, this development is perfect for professionals, families, and investors alike. Offering over 2,300 residential units, state-of-the-art amenities, and an unbeatable location with excellent transit connectivity, 5 Peaks Residences is a smart investment for those seeking urban convenience blended with natural serenity.

Highlights of 5 Peaks Residences

  • Developer: Gemterra Developments Corporation – a trusted name in innovative real estate.
  • Location: Kennedy Rd & Sheppard Ave E, Toronto, in the dynamic Agincourt neighborhood.
  • Total Units: Over 2,300 residential units spread across multiple towers.
  • Transit Connectivity: Steps from the upcoming Sheppard East LRT and Agincourt GO Station, with easy access to Highway 401.
  • Amenities: Fitness center, yoga studio, indoor pool, landscaped terraces, BBQ stations, and more.
  • Nearby Attractions: Scarborough Town Centre, Agincourt Mall, Tam O’Shanter Golf Course, parks, and recreational facilities.
  • Investment Potential: High-demand rental area with increasing property values due to new transit developments.

A Visionary Condo Project

Master-Planned Community

This project is more than just a condo—it’s a master-planned community designed for modern urban living. 5 Peaks Residences will feature three major residential blocks with multiple towers of varying heights, alongside office spaces to create a thriving live-work-play environment.

The breakdown of the residential units is as follows:

  • First Block: Three interconnected towers (30, 18, and 7–10 storeys) with 954 units:
    • 48 studio apartments
    • 608 one-bedroom units
    • 198 two-bedroom units
    • 100 three-bedroom units
  • Second Block: Two high-rise towers (25 and 40 storeys) with 941 units:
    • 39 studio apartments
    • 671 one-bedroom units
    • 163 two-bedroom units
    • 68 three-bedroom units
  • Third Block: A standalone 27-storey tower with 405 units:
    • 21 studio apartments
    • 262 one-bedroom units
    • 84 two-bedroom units
    • 38 three-bedroom units

Lifestyle & Amenities

A New Standard for Condo Living

5 Peaks Residences is designed with modern lifestyles in mind. Whether you’re a young professional, a growing family, or an investor looking for high-value real estate, this community offers something for everyone.

Indoor & Outdoor Amenities

While the official list of amenities is still under development, Gemterra’s previous projects suggest that 5 Peaks Residences will offer state-of-the-art facilities, including:

  • Fitness center & yoga studio for an active lifestyle
  • Indoor swimming pool for year-round relaxation
  • Landscaped outdoor terraces with BBQ stations
  • Multipurpose event spaces & party rooms
  • Children’s play area & family-friendly facilities
  • Co-working spaces & meeting rooms

These amenities ensure that residents enjoy the perfect balance of work, wellness, and recreation, all within their own community.


Prime Location & Connectivity

The Heart of Agincourt

Located at Kennedy Rd & Sheppard Ave E, 5 Peaks Residences offers unparalleled connectivity and convenience.

  • Steps from Sheppard East LRT: This future transit line will extend 13 km along Sheppard Avenue, linking directly to Don Mills Subway Station.
  • Close to Agincourt GO Station: Provides quick access to Downtown Toronto’s Union Station.
  • Minutes from Highway 401: Commuters can reach Downtown Toronto in just 25 minutes.
  • Public Transit at Your Doorstep: Multiple bus routes servicing the area for seamless daily commutes.

Vibrant Neighborhood Amenities

Everything you need is just minutes away:

  • Scarborough Town Centre – Over 250 shops, restaurants, and entertainment options.
  • Agincourt Mall – A convenient shopping destination for daily essentials.
  • Tam O’Shanter Golf Course – A perfect escape for golf lovers.
  • Fine Dining & Cafés – From international cuisine to cozy coffee shops.
  • Movie Theatres & Entertainment Hubs – Ideal for a night out with friends and family.
  • Pharmacies, Banks & Grocery Stores – Everything within walking distance.

This community seamlessly blends urban convenience with suburban charm, making it one of the most desirable places to live in Scarborough.


Why Invest in 5 Peaks Residences?

1. Strong Rental Demand

Scarborough is home to a growing student and professional population, making this development an attractive option for rental investments. With Scarborough Town Centre, Centennial College, and the University of Toronto Scarborough Campus nearby, there is a steady demand for housing.

2. Future Transit Developments

The upcoming Sheppard East LRT and improved GO Transit services will increase property values, making 5 Peaks Residences a smart long-term investment.

3. Growing Employment Opportunities

With the planned office towers within the community, more job opportunities will emerge, attracting professionals to the area. This boosts demand for both residential sales and rentals.

4. Trusted Developer – Gemterra Developments

With over a decade of experience in Canada and a successful track record internationally, Gemterra Developments is known for delivering high-quality, innovative residential projects. Their expertise in urban design and community planning ensures that 5 Peaks Residences will be a standout development in Scarborough.

5. Affordable Entry Point in Toronto’s Market

Compared to Downtown Toronto, Scarborough offers more affordable real estate prices while still providing excellent transit access and amenities. Investors and first-time buyers can take advantage of this cost-effective opportunity while the market continues to grow.


About the Developer: Gemterra Developments

Gemterra Developments Corporation has been a leading real estate developer in the Greater Toronto Area since 2010. With an international presence in Asia and Canada, the company specializes in creating vibrant, master-planned communities that combine architectural excellence with sustainable living.

Some of their notable projects include:

  • JOY Condos – A luxury residence in Scarborough known for its sleek design and premium amenities.
  • LOVE Condos – A community-focused project emphasizing urban convenience and modern living.

With 5 Peaks Residences, Gemterra continues to push boundaries, offering a new level of comfort and convenience in one of Scarborough’s most promising neighborhoods.


Final Thoughts

5 Peaks Residences is more than just a condominium—it’s a vision for the future of urban living in Agincourt. With its prime location, world-class amenities, strong investment potential, and reputable developer, this is an opportunity you don’t want to miss.

Whether you’re looking for a new home, a lucrative investment, or a vibrant community, 5 Peaks Residences delivers on all fronts.

Interested in learning more?

Stay updated with the latest information on pricing, floor plans, and VIP incentives—your dream condo at 5 Peaks Residences is waiting!

Development Details

Est. Building Size
TBA
Architects
Teeple Architects
Architects
Truong Ly Design
Building Type
Condo
Developer
Gemterra Developments Corporation

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300 Richmond St W #300, Toronto, ON M5V 1X2

   

inquiries@Condoy.com

  

(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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