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PARK Towers IQ Condos Etobicoke Toronto
Property Description
Park Towers at IQ Condos is a completed condominium community located at Islington Avenue & The Queensway in Etobicoke, Toronto. Developed by The Remington Group, this modern high-rise project has been fully built and sold out, making it an excellent opportunity for buyers to explore resale condos in this desirable Etobicoke location.
Completed around 2017, Park Towers at IQ Condos consists of a 24-storey tower with 459 units, offering a range of thoughtfully designed suites with modern finishes and functional layouts. The project quickly gained popularity due to its affordability at launch, strong location, and access to premium building amenities.
Today, buyers interested in this community can still take advantage of resale opportunities within Park Towers IQ Condos and surrounding Etobicoke condo developments. This is a great option for those looking for move-in-ready units in a well-established building with mature surroundings.
If you’re searching for a condo in this area, you can browse the latest resale listings below:
Etobicoke Condos for Re Sale Listings
Amenities and Building Features
Park Towers at IQ Condos was designed as a master-planned community centered around a landscaped park, offering residents a balance of urban living and green space.
The building features a wide range of amenities that continue to attract buyers in the resale market. Residents can enjoy a fully equipped fitness centre with cardio and strength training equipment, a yoga studio, and a swimming pool with whirlpool. There is also a stylish party lounge and indoor gathering spaces, ideal for entertaining guests or hosting events.
Outdoor amenities include a landscaped terrace with BBQ areas, dining spaces, and a lounge area with an outdoor fireplace, creating a relaxing environment within the building. Additional conveniences such as a pet spa, guest suites, and a modern lobby further enhance the living experience.
Suites within the building typically feature 9-foot ceilings, with select floors offering even higher ceiling heights. Interiors often include engineered hardwood flooring, contemporary kitchens with granite countertops, stainless steel appliances, and functional layouts designed for everyday living. Bathrooms are finished with modern fixtures, including marble or stone countertops and under-mount sinks.
Because the building is now fully occupied, buyers can explore similar layouts and features through available resale units in the building and nearby communities
Location and Connectivity
Park Towers IQ Condos is located in Etobicoke, one of Toronto’s most convenient and rapidly growing areas, offering excellent access to transit, highways, and everyday amenities.
The development is just minutes from Islington and Kipling subway stations, providing easy access to downtown Toronto via the TTC. For drivers, the location offers quick connections to major highways including the Gardiner Expressway, Highway 427, and the QEW, making commuting across the GTA simple and efficient.
One of the key highlights of this location is its proximity to downtown Toronto, with approximately a 10-minute drive to Union Station, depending on traffic conditions. This makes it a strong choice for professionals working in the city core.
Residents also benefit from nearby shopping, dining, and entertainment options along The Queensway, as well as access to parks and green spaces that enhance the overall lifestyle.
With its strategic location, strong transit connectivity, and full suite of amenities, Park Towers IQ Condos remains a highly desirable building in Etobicoke. Since the project is now sold out, buyers looking to live here can explore current resale condo listings in the building and surrounding area.
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In Your Best Interest – Start Smart with RE/MAX Team Paliwal
Before you step into any new home or condo sales centre, make sure you’re accompanied by a REALTOR® from RE/MAX Team Paliwal—especially on your first visit.
As builder-preferred agents, we’re paid directly by the builder, but we work exclusively for you—at absolutely no cost to you.
Why is this important?
Builder sales staff represent the builder, not you. That means important terms, hidden conditions, or missed incentives could slip through—costing you time and money.
With us by your side, you gain:
- Expert guidance throughout the selection and purchase process
- Negotiation power to secure the best price and terms
- Early VIP access to pricing, floor plans, and builder incentives
- Referrals to trusted professionals—top lawyers, lenders & banks
We’re independent REALTORS® with RE/MAX Realty Specialists Inc., Brokerage—your advisors, advocates, and partners in the journey.
Note: This service is offered to buyers not currently under contract with another REALTOR®.
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
- You get the highest level of access in the building or in the new home project.
- You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives and terms.
- We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agent and investor since 2007.
- Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- 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 months 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.
