TORONTO—RioCan Living has announced the imminent launch of Verge Condos in Toronto’s Etobicoke community, with mixed-use residences of 11 and 17 storeys to rise on the site of a parking lot.
The project site is located on the southwest corner of Islington Avenue and The Queensway, with the two new buildings to contain 545 units in total. The project, designed by Turner Fleischer, will include 30,000 square feet of retail space, a new public park and a new service road on the south side of the property.
“Verge Condos aims to transform The Queensway-Islington corner through strong design principles,” said Raza Mehdi, associate at Turner Fleischer, in a statement. “While two separate buildings, our goal was to establish a rhythm and create a dialogue between the developments to add a striking visual dimension for residents and users to enjoy. With a new park separating the two buildings and retail uses at grade, the focus was to inject an animated streetscape along this segment of The Queensway.”
A release states RioCan Living prepared its amenity and features package using portfolio data and additional research. The research led to the inclusion of home offices, meeting rooms, soundproof phone booths and a video content studio with backdrops and green screens as well as a recording studio for podcasts and other presentations.
Other amenities will include a fitness centre, yoga/meditation studio, pet spa, party room, cocktail lounge, an outdoor terrace with barbeques, chess and shuffleboard games and an outdoor lounge.
Interiors were designed by DesignAgency, which has such projects as the St. Regis Toronto, Momofuku Toronto and the Dalmar Fort Lauderdale in its portfolio.
The two-phased community will launch this summer with suites ranging from 430 square feet to 1,060 square feet. RioCan REIT created RioCan Living in 2018; the firm’s portfolio has reached 2,000 units in seven completed rental residential and condominium developments
“With Verge, the RioCan Living team continues to deliver on the principles that inform each of our residential developments, including contextual design in connected locations, best in class communal amenities that cater to future residents, and easy access to major commuter routes,” said Kalliopi Karkas, assistant vice-president of RioCan Living.
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