Verge Condos Overview

Verge Condos, a thrilling new condominium development by Riocan Real Estate Investment Trust, is ideally positioned at the crossroads of Islington Avenue and The Queensway in Toronto. Building upon the success of its predecessor, the Verge Condos, this fresh endeavor assures a contemporary and convenient living experience in the city center. With Riocan’s established track record of crafting lively and well-designed communities, Verge Condos is primed to provide outstanding urban living with a dash of luxury. Its optimal location, mere steps from diverse amenities and excellent transit choices, presents an appealing opportunity for those seeking to invest or make a home in one of Toronto’s flourishing neighborhoods. This development strives to elevate the city’s skyline while addressing the varied needs and preferences of prospective residents, offering a harmonious blend of style, comfort, and accessibility in a dynamic urban environment.

Location

Nestled in the heart of Toronto, Verge Condos enjoys a sought-after location at the intersection of Islington Avenue and The Queensway. This prime setting seamlessly combines the vibrancy of urban living with the serenity of an established neighborhood. Encompassed by an array of amenities, including shopping centers, dining establishments, cafes, and entertainment venues, the condominium ensures that residents have a plethora of conveniences right at their fingertips. Furthermore, it boasts excellent access to public transportation, facilitating effortless commutes to various parts of the city and beyond. The strategic positioning of Verge Condos places residents in close proximity to green spaces, cultural attractions, schools, and healthcare facilities, enriching the overall quality of life in this dynamic community. Whether one seeks the excitement of city life or the comfort of a friendly neighborhood, this address provides the perfect blend, offering an enticing living experience in the heart of Toronto.

Neighborhood Highlights

Verge Condos is situated in a dynamic Toronto neighborhood brimming with an assortment of attractions and conveniences, making it an attractive residential destination.

1. Urban Convenience: Positioned strategically, the condo offers swift access to a plethora of urban amenities, including shopping centers, dining establishments, cafes, and entertainment venues, creating a lively hub of activity.
2. Public Transportation: Residents enjoy excellent connectivity to public transportation, with nearby bus routes and transit stops facilitating convenient commutes within Toronto and its surroundings.
3. Shopping: The neighborhood is dotted with shopping centers and retail districts, providing easy access to daily essentials and a diverse range of shopping options.
4. Dining and Entertainment: The area boasts a varied selection of dining options, ranging from trendy cafes to upscale restaurants, along with entertainment venues like theaters, cinemas, and live music spots.
5. Recreational Facilities: Proximity to parks, sports complexes, and fitness centers offers residents ample opportunities for physical activity and engagement in recreational pursuits.
6. Green Spaces: Residents can enjoy parks and green spaces for leisurely strolls, picnics, and outdoor activities, offering a refreshing respite from urban life.
7. Cultural Attractions: The neighborhood may host cultural attractions such as art galleries, museums, and theaters, enriching the cultural and artistic experiences available to residents.
8. Schools and Educational Institutions: Access to reputable schools, colleges, and universities in the vicinity is a significant advantage for families with students of all ages.
9. Healthcare Facilities: Proximity to healthcare facilities and hospitals ensures convenient access to medical services and healthcare.
10. Community Events: Toronto is renowned for its numerous community events, festivals, and cultural celebrations, fostering a strong sense of community and providing entertainment options for all ages.
11. Employment Opportunities: The city’s thriving economy and business districts offer residents job opportunities across various sectors.
12. Future Development: Keeping an eye on future developments and improvements in the neighborhood can enhance property values and overall quality of life.

These neighborhood highlights collectively contribute to crafting a vibrant and well-rounded living experience at Verge Condos, catering to a diverse range of interests and lifestyles. The blend of urban convenience, cultural richness, and access to green spaces makes this community an appealing place to call home in Toronto.

Transit and Accessibility

Verge Condos residents find commuting a breeze, thanks to the convenience of TTC bus routes right at their doorstep. Accessibility to TTC streetcar routes, subway lines, and Mimico GO Station, just minutes away, ensures easy travel. The transit journey to downtown Toronto takes less than 45 minutes, while Verge Condos’ strategic positioning provides a quick 15-minute drive to the downtown core via key city thoroughfares like the Gardiner Expressway and Highway 427.

The condo’s location facilitates seamless commuting within Toronto and connections to other Greater Toronto Area (GTA) areas, with straightforward access to major roadways and highways. Accessible carpooling and ridesharing services offer residents an alternative transportation option, diminishing reliance on personal vehicles and promoting a sustainable commuting approach.

The neighborhood enjoys the benefits of an excellent public transit system, offering convenient bus routes and transit stops that effortlessly connect residents to various parts of the city. This accessibility extends to subway and streetcar lines, enhancing the overall commuting experience.

Moreover, Toronto places a strong emphasis on cycling infrastructure, featuring dedicated bike lanes and available bike-sharing programs. This commitment encourages residents to adopt bicycles as an eco-friendly mode of transportation.

City Growth & Development

Verge Condos is an integral part of a Toronto neighborhood that has undergone notable growth and development, mirroring the continual evolution of the city. Here are key highlights regarding Toronto’s expansion and progress:

1. Population Growth: Toronto has witnessed significant population growth, becoming one of the most populous and diverse cities in North America. Its appeal as a global destination has fueled this ongoing demographic increase.
2. Economic Powerhouse: Recognized as Canada’s economic hub, Toronto boasts a robust and diverse economy spanning finance, technology, healthcare, and more. This economic vibrancy creates abundant opportunities for employment and entrepreneurship.
3. Urban Redevelopment: The city has undergone extensive urban redevelopment, particularly in downtown areas, fostering vibrant mixed-use developments and enhancing public spaces. The evolving skyline showcases modern condominiums and commercial complexes.
4. Employment Opportunities: Toronto’s thriving job market offers diverse employment opportunities across sectors, attracting professionals and job seekers.
5. Innovation and Technology: Embracing innovation and technology, Toronto has nurtured a growing tech sector with startups, incubators, and research institutions, solidifying its position as a global technology and innovation hub.
6. Transit and Infrastructure: Significant investments in transportation infrastructure, including public transit expansion, major road improvements, and cycling infrastructure, enhance connectivity within the city and the Greater Toronto Area.
7. Cultural and Recreational Amenities: Toronto provides an array of cultural attractions, parks, sports facilities, museums, theaters, and recreational activities, enriching residents’ quality of life.
8. Sustainability Initiatives: Committed to sustainability, Toronto implements green building practices, public transportation enhancements, and initiatives to reduce the city’s carbon footprint.
9. Real Estate Market: The real estate market in Toronto is dynamic, marked by consistent demand for housing and condominiums, often leading to property appreciation and making real estate investment an attractive option.

Verge Condos is strategically positioned within this dynamic and ever-evolving urban landscape. Its location in Toronto aligns with the city’s dedication to providing a high quality of life, economic vitality, and sustainability. The ongoing development in the area hints at promising investment opportunities and an enhanced lifestyle for future residents.

Verge Condos Amenities

The amenities at Verge Condos include:

1. Valet Integrated Smart Living: Smart living features are integrated throughout all suites, offering residents a high-tech and convenient lifestyle.
2. Hi-Speed Internet: Ensuring fast and reliable internet connectivity for residents.
3. Double Height Lobby with 24hr Concierge: A grand entrance with a double-height lobby and around-the-clock concierge service.
4. State-of-the-art Parcel Room: A cutting-edge parcel room for secure and efficient package management.
5. Co-working Space: A dedicated area for residents to work collaboratively or individually.
6. Pet & Bike Wash Station: Convenient facilities for washing pets and bikes.
7. Kid’s Studio: A designated space for children’s activities and creativity.
8. Fitness Studio: A well-equipped fitness studio for residents to stay active.
9. Two Interactive Private Fitness Studios: Personalized fitness spaces for tailored workouts.
10. Golf Simulator: An interactive golf simulator for golf enthusiasts.
11. Expansive Terrace: A large outdoor terrace for relaxation and socializing.
12. Co-working Spaces and Cabanas: Additional co-working spaces and private cabanas for diverse needs.
13. Lounge Seating & Fire Pits: Comfortable lounge seating and fire pits for a cozy outdoor experience.
14. BBQ’s & Outdoor Dining: Outdoor barbecue facilities and dining areas for al fresco gatherings.
15. Party Room and Kitchen: A dedicated party room with a fully equipped kitchen for hosting events.
16. Games Room: A recreational space with various games for entertainment.
17. Outdoor Terrace with Lounge Seating: An outdoor terrace with additional lounge seating.
18. Putting Green: A putting green for golf practice and leisure.

Development Features

KITCHEN FEATURES
• Beautifully crafted custom Italian kitchens
• 6-piece kitchen appliance package including a stainless steel refrigerator, integrated electric cooktop and wall oven, integrated dishwasher, microwave with trim kit, and ventilated hood fan
• Quartz countertop, as per builder’s sample
• Contemporary porcelain tile backsplash, as per builder’s sample
• Ceiling mounted track light fixture
• Stainless steel under-mount kitchen sink with contemporary graphite single lever kitchen faucet and pullout dual spray control

GENERAL SUITE FEATURES
• 9’ smooth finish ceilings throughout
• 4” contemporary white-painted baseboards in all principal areas
• Individual in-suite managed HVAC system (Heat pump with integrated ERVs) for residents to control seasonal heating and cooling throughout the year
• Stacked, front loading in-suite washer-dryer
• Premium wide plank laminate flooring throughout, as per builder’s sample
• Capped ceiling outlets in dining/living area, as per plan
• Switched outlet in living and bedrooms, as per plan
• Flush-mount light fixture in foyer and dens, as per plan
• Durable solid core entry door
• Flat-panel interior suite doors with contemporary hardware
• Private balconies securely enclosed with modern glass railing, as per plan
• Gas and water bib conveniently provided for terraces on floor 2 and 6, as per plan

SMART FEATURES
• User-friendly keyless smart door lock integration at suite entry
• High speed fibre internet
• Smart thermostats located in-suite to regulate unit temperature
• Utilization of 1VALET resident mobile application to centralize property management communication, community messaging, amenity booking, thermostat control, and garage door entry
• Ethernet cable conveniently provided in living, bedrooms, and dens, as per plan

BATHROOM FEATURES
• 12” x 24” sleek porcelain floor tile, with matching tile baseboards, as per builder’s sample
• 12” x 24” full-height modern porcelain wall tile in the bath and shower, as per builder’s sample
• Acrylic 5’ soaker tub with tiled front, as per plan
• Acrylic shower pan, as per plan
• Frameless fixed shower panel for a modern finish, as per plan
• Tension shower rod on tubs, as per plan
• Quartz countertop with under-mount sink and vanity mirror
• Designer selected plumbing fixtures in chrome finish
• Light fixture above vanity
• Shower pot light, as per plan

Investment Opportunities

Verge Condos unveils numerous investment prospects for potential buyers and investors. Here are pivotal considerations:

Location: The condo’s placement in Toronto, notably within a burgeoning and lively neighborhood, positions it as an enticing choice for real estate investment. Toronto’s real estate market has consistently exhibited demand and appreciation.

Rental Income: Investors can capitalize on Toronto’s demand for rental properties. Verge Condos presents an attractive option for tenants seeking modern, well-situated apartments, potentially ensuring a reliable stream of rental income.

Appreciation: Toronto is renowned for real estate appreciation over time. Investing in a condominium in a city with a track record of property value growth can yield substantial capital gains upon resale.

Low Maintenance: Condo living typically entails lower maintenance responsibilities for owners. The condo association typically handles common area maintenance and repairs, a notable benefit for investors.

Tax Benefits: Real estate investment often comes with tax advantages, such as deducting mortgage interest and property taxes. Seeking guidance from a tax professional can help grasp potential tax benefits.

Portfolio Diversification: Real estate proves to be a valuable addition to investment portfolios, offering diversification and serving as a hedge against market volatility.

Short-Term Rentals: Depending on local regulations and bylaws, exploring short-term rentals through platforms like Airbnb may be a viable option. This could potentially result in higher rental income, especially during peak tourist seasons.

Highlights

Boasting a walkscore of 84/100, making it highly walkable with convenient access to all necessities. Situated in the Islington-City Centre West neighborhood in Etobicoke, it offers a 25-minute walk to Mimico GO Station, as well as proximity to Kipling Subway Station, Kipling GO Station, and easy access to the Gardiner Expressway. Close to a variety of shops, restaurants, and schools, this location also excels with a perfect transit score of 100/100, signifying world-class public transportation. Nearby parks include Innis College Green, Trinity College Field, and Taddle Creek Park.

Developer

Verge Condos, a creation of RioCan Living, stands as a testament to the exceptional craftsmanship and expertise of one of Canada’s foremost developers. RioCan Living’s commitment to excellence is evident in the meticulous design and quality construction of Verge Condos. Renowned for creating innovative and vibrant communities, RioCan Living has established itself as a leader in the Canadian real estate landscape. With a track record of delivering exceptional living spaces, Verge Condos reflects RioCan Living’s dedication to providing residents with a modern, comfortable, and enriching lifestyle. As a premier developer, RioCan Living continues to shape the future of urban living with its commitment to quality and innovation.

Conclusion

In summary, Verge Condos presents a compelling opportunity for those in search of contemporary, convenient, and stylish living in Toronto. Its prime location, diverse unit offerings, and modern design cater to various lifestyles. The development prioritizes quality finishes, energy efficiency, and smart home features for a technologically advanced living space with ample natural light and recreational amenities. With Toronto’s strong community, thriving economy, and urban amenities, Verge Condos is an attractive choice for young professionals, growing families, and investors alike. The commitment to sustainability, transportation access, and future development initiatives adds to the neighborhood’s allure, making Verge Condos a significant addition to Toronto’s real estate landscape, promising a dynamic and well-rounded urban living experience.