Description

QA Condos 2 is a new pre-construction condo development by Context Developments‚and RioCan. Coming soon to 1555 Queen Street East in Toronto.

Introducing Queen Ash Bridge Condos (QA Condos 2), with stunning lakeside views, excellent amenities, as well as gorgeous parks and recreation just steps from the front door! Just minutes away from Woodbine Park and Ashbridges Bay, an exciting new condo development is set to take Leslieville by storm!

Highlights at QA Condos 2

Location

This brand-new complex is located in the heart of Leslieville, an established, affluent and highly desired neighbourhood. Proximity to the lake, parks and downtown where you can be served by wide range of shops and entertainments to enjoy your modern lifestyle. Plus, it is most convenient location with easy transit options allow you for quick commutes downtown.

  • Many unique stores, entertainments along Queen Street
  • Woodbine Park is just across the street
  • Short walking distance from Woodbine Beach – the largest of the four beaches in Torontos Beaches area
  • Leslievilles boutique shops, restaurants, farmers markets, espresso bars, even vintage bowling alleys and craft breweries like Godspeed and Rorschach Brewing Co
  • Queen Margherita Pizza, Leslieville Pumps, Te Are, The Green Wood, and many more restaurants make for a wide variety of delicious, affordable local restaurants.
  • Close to Little India
  • Many public, secondary schools are located nearby such as Leslieville Junior Public School, St. Joseph Catholic School, Roden Public and Kew Beach Junior Public School
  • Several green spaces, paths and trails
  • Nearby parks such as Jonathon Ashbridge Park, Ashbridges Bay, Beaches Park, Greenwood Park, and The Ashbridge Estate
  • Neighbourhood amenities like skateparks, wide-open fields and meadows, and many more

Transit Options

The Queen Ash Bridge Condos (QA Condos 2) are conveniently positioned between the Gardiner Expressway and Lake Shore Boulevard, while providing residents with easy access to downtown and beyond. From there, you have access to the entire GTA!‚‚Take the Don Valley Parkway north via Scarborough and into the northern GTA, or travel through the downtown core to the rest of the “Golden Horseshoe” region of Southern Ontario, through Etobicoke, Oakville, and Hamilton.

  • Close to the Gardiner Expressway
  • Easy access to Lake Shore Blvd & DVP
  • Streetcar stop is at doorstep
  • Short drive from Greenwood subway station
  • Highly walkable, with a score of 78 out of 100
  • Very good transit score of 72 out of 100
  • Bikers Paradise with a score of 98 out of 100
  • Queen Streetcar, which passes directly by the condo on Queen Street.
  • Queen Station, part of the TTC Subway Line 1 Take the TTC Subway
  • Line 1 or Line 2 to Union Station

The Developers

Context is a Toronto-based real estate developer specializing on mixed-use, affordable housing in Torontos downtown core. As a result, it has made a significant contribution to the citys distinctive skyline of eye-catching condominiums that provide densification and revitalization. Context has built a portfolio in the Toronto downtown core, which includes the Library District in the Entertainment District and Market Wharf, which is close to the historic St. Lawrence Market.

RioCan, on the other hand, is one of the most well-known and well-respected real estate corporations in the GTA. They have been‚responsible for‚numerous projects around North America since their inception in 1993. RioCan, which is best known for its enormous portfolio of shopping malls and supermarkets, has begun to enter the condominium market in Toronto. RioCan has demonstrated its ability to study market factors and deliver developments that match the demands of the neighbourhood with projects like the Yonge Eglinton Centre, a spectacular example of mixed-use condominium and shopping. In addition, RioCan is trying to develop ecologically friendly, future-proof initiatives that will lower the carbon footprints of the residents.

Investment Opportunities

Leslieville has changed a great deal in the past few decades. Originally a working-class neighbourhood, this area of the city has grown into a trendy, urban community with countless unique restaurants and amenities. Popular with young professionals and young families, this district near the beaches makes for the perfect place to set down roots, and as a result, the population of the area is rising quickly.

Well located, and just off the beaten path, Leslieville has excellent transit, beautiful views, and simple connections to nature, which make it an increasingly popular site for young Torontonians looking for homes, making ownership in this area a wise investment.

  • Future landmark of the area
  • High demand from end-users
  • QA first release has sold more than 35 units over $1m
  • Because of the project scale, QA offers amenities that no other condo in the area can
  • These units in resale will sell and rent faster and higher
  • The variety of unit sizes and design
  • The average price for a condo in the area is Jan $717,471 E01 MLS zone Downtown core average is 681,070 C01 MLS. QA is starting from the $500s
    The average price for a detached home in the area is $1,666,875 E01 MLS.
    Preconstruction
  • Downtown Core condos – $1,400/sf+
  • QA is $200 – $300sf cheaper, with average of $1,150/sf
  • Preconstruction condos in 905 are becoming less affordable, with multiple projects selling over $1000/sf
  • QA offer the best value and the most room for appreciation
  • 51% of area residents own their homes, and most of that area is semi-detached houses
  • Two-storey houses make up a great deal of the blocks within Leslieville, but as densification continues, were seeing a rise in condominiums every year.
  • The average premium in the area is $844K, and increasing

Why now is the best time to buy?

  • Vaccine started
  • Borders will be open
  • Travel will return
  • Immigration will return and much more than before
  • International students will come back
  • Majority will return to the office
  • Low rise prices have appreciated substantially in a short time, creating a big gap between low rise and high rise. Historically due to affordability, the market demand will switch to high rise, and prices will increase to close the gap with low rise market
    These are the signs of the next condo boom. Demand will exceed supply, and prices will continue to appreciate.
    The limited-time promotion for the cottage collection with 2 years of free maintenance and property taxes will make this investment worry-free for the next 6 years instead of 4, which will result in much higher capital appreciation potential

‚Scan a QR Code and Book an Appointment with our Sales Representatives.

Overview

  • Address 1555 Queen Street East, Toronto, ON, Canada
  • Country United States
  • City/Town

Details

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