Verge 2 – East Tower is a new condo development by RioCan Living currently under construction at 1001 The Queensway, Toronto. The development is scheduled for completion in 2025. Available units range in price from $724,900 to $1,399,900. Verge 2 – East Tower has a total of 341 units. Sizes range from 563 to 1108 square feet.
VERGE WEST TOWER SOLD FAST WITH UNPRECEDENTED SUCCESS. VERGE EAST TOWER IS THE SECOND PHASE OF THIS EXCITING NEW COMMUNITY.
Seize each moment to do something truly amazing and connect with what matters to you.
An abundance of opportunities await residents at Verge East Tower. From curated indoor and outdoor lifestyle amenities for socializing, fitness, and relaxation to transit located at your front door, this condo has all your bases covered. This stylish high-rise condominium tower, designed by Turner Fleischer Architects, rises an impressive 17 storeys, with 341 residential units ranging from 1-bedroom to 3-bedroom floorplans. Live on the verge of excitement and convenience on The Queensway.
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 black 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
EXTENDED DEPOSIT STRUCTURE
1 BR, 1+D, 2BR Suites
• $10,000 due on signing
• Balance to 5% due in 30 days
• 2.5% due in 180 days
• 2.5% due in 365 days
• 5% due in 540 days
• 5% due on occupancy
2+D & 3 BR Suites
• $10,000 due on signing
• Balance to 5% due in 30 days
• 2.5% due in 180 days
• 2.5% due in 365 days
• 2.5% due in 540 days
• 2.5% due in 720 days
• 5% due on occupancy
PARKING: $69,000
Available for all suites 560 sq.ft. & larger.
LOCKER INCLUDED ($7,500 Value)
One storage locker included for all suites.
REDUCED ASSIGNMENT FEE
$1,000 plus HST (excluding legal fees)
DEVELOPMENT, EDUCATION & TRANSIT CHARGES CAPPED
One Bedroom & One+Den Suites – $12,000 plus HST
Two Bedroom & Two+Den Suites – $15,000 plus HST
Three Bedroom Suites – $17,000 plus HST
OPTION TO LEASE DURING INTERIM OCCUPANCY
*Incentives current as of July 10, 2022
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