Q Tower Condos is a new condos project near lakefront in Toronto. It will be located at Queens quay St. & Lower Simcoe St., Toronto. This development will be a big community with 902 condo suites. The developer of this project is Lifetime Developments & Diamond Corp
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Suite prices starting from HIGH 500’s. Register Now
Launch Only Incentives (subject to change) – Up to $40,000 Discount on Price, 2 Years Rental Guarantee for units below 500 sq. ft., Interest Paid on Deposits, and many more
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Details of Q Tower Condos –
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- No. of floors – 60
- No. of units – 902 Units
- Architects – Wallman Architects
- Developer – Lifetime Developments, Diamond Corp
- Development Name – Q Tower
- Type of Community – Mixed Use – Residential and Retail
- Sq footage – 361 – 825+ sq. ft.
- Available in Studio, 1BR, 1BR+den, 2 BR, 2BR+den, 3BR
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Highlights and why to live or invest at Q Tower Condominiums –
- Experienced Builder – Lifetime Developments, Diamond Corp are the developers for Q tower. Click to check more details
- Employment – Q Tower Condos is well connected with one of the major district named financial district which is a place of head offices/ offices all big banks and insurance companies such as TD Bank Tower, Toronto Dominion Centre, Scotia Plaza, Royal bank Plaza. Other than this place is well connected to hospital row. All these places are major hubs of employment.
- Education – Residents of Q tower condominiums are well connected to transit OCAD and Ryerson (Toronto Metropolitan) Universities for higher education. George Brown college is also accessible from this location
- Amenities – Q tower is surrounded by various lifestyle amenities and attractions. South core is house of various famous dining, restaurants, and tourist attractions. CN Tower, Ripley’s aquarium, Rogers Centre, Metro Toronto Convention Centre, and Scotia Centre is located at a few minutes of walk
- Transit – The location of this project is amazing which is connected with world class transit system and thus it has a transit score of 100/100. The will get connected to PATH, which is a 30 km long underground pathway system which further connects residents to transit, neighborhood, employment and other attractions. Union station is just 10 minutes walk from here which itself is the biggest hub for subway, GO & VIA train system. Residents have various other options of transit available such as street car, bus service. Billy Bishop airport is located just at 6 mins drive and Person airport is at a drive of 40 mins.
- Walk score of 96/100
- Transit score 100/100
- Bike score 83/100
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Renderings & Important Facts of Q Tower Condos –
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Typical Floor Plates
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Walk Score of Q Tower Condos Toronto
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Information for Investors
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- Rent ability – Neighborhood vacancy rates below 2% with less than 15 days on market
- Rental Appreciation – Rental rates appreciated an average more than 15% – 20% year over year (Source – Toronto Real Estate Board)
- Rental Rates in the area range with the following-
1 Bedroom- $1900- $2700, Median-$2200
1 Bedroom + Den- $1950- $2900, Median-$2450
2 Bedrooms- $2700-$4650, Median- $3100 - 3 Bedrooms – $3000-$6800, Median- $3400
(These are last 90 days stats from the date of creating this webpage i.e. 21 July, 2023. Rental rates will be quite different at occupancy in 2030 )
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Area Amenities
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Parks –
Harbors – Beaches
Sherbourne Common
Sugar Beach Park
David Crombie Park
Berczy Park
Cherry Beach
Sugar Beach
Entertainment & Eateries-
Water’s Edge Promenade
The Young People’s Theatre
Market Square Cinema
Harbourfront Centre
Market lane Community Centre
St. Lawrence Library
Loblaws
Against The Grain Restaurant
Moxie’s grill
St. Lawrence Market
LCBO
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Special Extended Deposit Structure (Subject to change) – Payable to BRATTYS LLP IN TRUST
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$10k on Signing (Demand draft)
Balance to 5% in 30 days
2.5% in 200 days
2.5% in 400 days
2.5% in 800 days
2.5% in 1200 days
5% on Occupancy
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Parking
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$129,000 EV Ready (Regular Price – $149,000)
Available for Suits above 700 sq. ft. and larger
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Occupancy
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2029
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Maintenance Fee
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$0.69/ sq. ft. (Individually metered for Hydro and water)
Parking – $149.95
Locker – $49.95
Smart Home System and Hi Speed Internet – $65+HST
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VIP/Platinum Incentives
Big Incentives. Please register below
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VIP/Platinum pricing
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Floor Plans
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Copyright © 2023. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners are brokers and don’t represent the builders and developers of the condo/house project but represent the buyer/client of units. 416 948 4757. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Not Intended to solicit buyers in contract with other brokerage. Errors and Omissions are Excepted.