Property Description

New Condominium Development Reina Condos
Coming soon to
689 The Queensway, Toronto, ON
Prices from high $700’s

Address	689 The Queensway, Toronto, ON	Occupancy	Oct 2023
Area	Toronto, ON	Deposit	$5,000 on Signing Balance to 5% in 30 days 5% on January 15, 2021 5% on January 15, 2022 5% on January 15, 2023
Beds	1 – 3.5 Bedrooms	Suite Size Range	520 – 1355 SqFt
Average Price per Sqft	$955 per SqFt	Starting Prices	$762,000

Reina Condos is a new condo development currently in preconstruction at 689 The Queensway, Toronto. The development is scheduled for completion in 2023. Sales for available units range in price from $762,000 to over $1,330,000. Reina Condos has a total of 197 units. Sizes range from 520 to 1355 square feet.

Named after the Spanish word for queen, it is the first all-female development in Canada. We’re building a better condo by doing things differently — through community collaboration, new perspectives, and a commitment to multigenerational living.

What does a condominium look like when it’s inspired, designed and executed by women? Not only is it spectacularly beautiful, with sinuous architecture and interiors, but it also fosters a stronger sense of community, making the building feel like its own neighbourhood.

With a wide variety of layouts, multipurpose amenities and tailored programming and activities, residents can connect, spend time together and make new friends of all ages and stages of life.

And all of this is located on what is becoming one of Toronto’s great residential avenues – The Queensway – in an established residential district called Queensway Village.

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FEATURES AND AMENITIES

The mid-rise tower in Etobicoke has nine storeys which will have a total of 200 suites. Reina Condos in Etobicoke is being planned as per the female perspective. So there are many elements such as communal storage space for strollers, bedrooms for children, etc. to look forward to.

Reina Condos will have the building design in a U shape with a stepped back feature. There will be 5,000 sq ft of indoor facilities and around 6,500 sq ft of outdoor space. Occupants will get some great views of the city from the tower.

Reina Condos will have various facilities that will make the lifestyle of the residents simple. A lot of the details are yet to be released. So, stay tuned to Precondo.ca to find out more before the sales start. Once the sales begin, a lot of condos will be sold out.

So make sure you have all the necessary details about pricing and sales. There will be a number of floor plans to cater to the needs of every investor. The number of floor plans isn’t disclosed yet but there will be one-bedroom to three-bedroom homes.

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LOCATION

The Gardiner Expressway and Lake Shore Boulevard West are located directly to the South of Reina Condos. Residents who prefer to travel and commute throughout the city using their personal vehicles can quickly access Toronto’s downtown core in just 19 minutes. Residents will also have easy access to Highway 427 and the QEW, allowing them seamless travel throughout Toronto and the GTA and easy connections to other major thoroughfares in the area including Highway 401.

FEATURES & FINISHES

SUITE DETAILS

• Suites with 9′ high ceilings on floors 2 to 8, 10′ high ceilings on floor 9
• Exposed concrete or smooth ceilings and columns, and floor-to-ceiling rolling doors Wide-plank laminate flooring throughout
• Suite entry doors with security viewers
• Brushed aluminium contemporary hardware

BALCONIES AND TERRACES

• Electrical outlets on balconies and terraces
• Water lines on all terraces

KITCHENS

• Open-concept kitchens with spacious built-in pantry and integrated bookshelf
• Engineered stone countertops and backsplash
• Under-mount stainless steel sink, with single-lever black faucet
• Energy Star® appliances including fully integrated fridge and dishwasher, stainless steel convection oven, induction cooktop and hood fan.

BATHROOMS

• Vanities with undermount sinks, engineered stone countertops and contemporary single-lever black faucets
• Medicine cabinet with storage and mirror
• Contemporary bathroom fixtures throughout
• Square-designed tub(s) and/or custom shower(s)* with full-height tile surrounds
• Frameless glass shower enclosures for separate showers
• Porcelain tile flooring and porcelain tile for full height along the vanity wall
• Temperature control valves in all showers

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Townhomes in Bradford, ON. Please click here and fill out the form and we will send you more info you as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out “My Dream Home search in Mississauga ” form and we will get back to you with relevant information.

We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of builder – NOT you and they do not disclose many points those may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

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FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being top-selling pre-construction agents and investors since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

 If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 month to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.   

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