Project Overview
Urban Capital’s Reina Condos are new condos near The Queensway & Royal York Rd in Toronto. It’s strong and meaningful that this condo was built by an all-female crew under the Spanish word for Queen, Reina. It is a unique development team: all women creating a world-class condo in Etobicoke. Reina strives to disrupt the male-dominated Toronto real estate market by combining decades of developer knowledge with stunning architecture and design.
Quick Facts
Development Name
Spotlight Development & Urban Capital Property Group
VIP Launch
2020
Building Types
Condos
Development Name
Spotlight Development & Urban Capital Property Group
VIP Launch
2020
Building Types
Condos
Building Status
Pre-construction
Storey/Units
9/197
Starting Price From
$700K
Address
689 The Queensway, The Queensway
Homes Size
520 - 1355 Sq Ft
Occupancy
2024
Occupancy
2025
Building Status
Pre-construction
Storey/Units
9/197
Starting Price From
$700k
Address
689 The Queensway, The Queensway
Homes Size
520 - 1355 Sq Ft
Occupancy
2024
Deposit Structure
$10,000 on purchase Balance to 5% in 30 days Final 5% on Occupancy
Highlights
- Pearson Airport is 20 minutes away.
- An excellent educational district with opportunities for all ages and specialties
- Amazing eateries and shops lining the avenue
- Less than fifteen minutes by GO Transit to Toronto's downtown
Reasons To Invest
Reina Condos is a great investment for end-users and real estate investors due to its closeness to the Humber River, Lakeshore, and parks and green spaces. Young families are relocating to fast growing Etobicoke for cheaper housing and top private and public schools. CondoNow says working professionals will welcome the short commute and living away from downtown’s turmoil.
Location
Etobicoke homeowners can easily access Downtown Toronto, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, Sherway Gardens, Humber College, and more. Etobicoke’s Humber River, Lake Ontario to the south, Toronto’s largest public park, High Park, covers 399 acres and has hiking trails, sports facilities, a beautiful lakefront, convenient parking, easy public transit access, a dog park, a zoo, and more.
Connectivity
The Gardiner Expressway and routes 427 connect Etobicoke commuters to all GTA main routes. You can easily get about Etobicoke thanks to UP Express, MiWay, TTC Bus Transit, Streetcar Transit, four GO Stations, and three Subway Stations.
Investment Opportunity
One of the fastest-growing cities is Etobicoke, west of Toronto. With nearly 2.7 million residents, Toronto is growing. Toronto needs 259,000 new homes by 2031 to meet the needs of a growing population, but the city can only produce 157,800, leaving a shortage of over 100,000 dwellings. The demand for existing dwellings will increase real estate values and rental costs.
Developer
Mark and David founded Urban Capital in 1996. The Toronto developer is noted for innovative architecture. Industrial areas like Etobicoke have eco-homes.
Spotlight Developments Managing Partner Sherry Larjani and Urban Capital Development Director Taya Cook battle Toronto real estate type imbalance. With MarketVision Real Estate Vice President of Sales ManLing Lau, the team aspires to establish a unique, diversified development.
A Celebration of Community.
LOCATION
