Reina — pre-construction condo in Etobicoke by Urban Capital and Spotlight Development
Selling Now
Condo
VIP Platinum Access

Reina Etobicoke

New pre-construction condo Urban Capital and Spotlight Development in Etobicoke.

689 The Queensway, Etobicoke Nearest Intersection:  Royal York Rd & The Queensway
by Urban Capital and Spotlight Development
Occupancy TBD
Starting From
Contact for Pricing
Bedrooms
Bathrooms
1 - 3 Baths
Size
167 sq ft Suites & 946 sq ft – 1
Occupancy
TBD
Overview

About Reina

Project highlights

Development
Reina
Developer
Urban Capital and Spotlight Development
Location
Etobicoke — 689 The Queensway, Etobicoke Nearest Intersection:  Royal York Rd & The Queensway
Property type
Condo
Ownership
Condominium / Freehold
Sales status
Selling Now
Starting price
Contact for Pricing
Occupancy
TBD

Reina is a new pre-construction condo Urban Capital and Spotlight Development in Etobicoke. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.

Starting at Contact for Pricing, Reina is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.

Introducing , a brand new low-rise condominium coming soon to Royal York Rd & The Queensway in Etobicoke! Here at Reina, future residents will be moments from fantastic transportation options where the Mimico GO Station, QEW, and Royal York Station are all 5 minutes away! Not only that, but you will also be moments from CF Sherway Gardens, a fantastic assortment of Big Box Stores, High Park, Downtown Toronto and so much more!

Location

Why Etobicoke works

Etobicoke, Ontario

Reina sits at 689 The Queensway, Etobicoke Nearest Intersection:  Royal York Rd & The Queensway. Western Toronto borough with waterfront access. Humber Bay Shores, Mimico, and Kipling transit hub offer urban living with lake views.

Etobicoke keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.

Why Etobicoke is growing

  • Toronto address with more affordable prices
  • Subway and GO Train access
  • Airport proximity
  • Waterfront location

About Etobicoke

Discover why Etobicoke is an ideal location for pre-construction investment

About Etobicoke: A Growing Community in the GTA

Etobicoke is home to 365,000+ (part of Toronto), and steady growth with diverse neighborhoods. Part of Toronto with own identity Additionally, waterfront on lake ontario. Located in Etobicoke, Reina offers residents a perfect blend of urban convenience and suburban comfort.

Pearson Airport proximity Subway connectivity

Transit & Connectivity

Etobicoke is well-connected to the GTA through Line 2 (Bloor-Danforth) and Line 1 (Yonge-University) subway lines. GO Train stations including Mimico GO, Long Branch GO, Etobicoke North GO provide 20-35 minutes to downtown toronto. Major highways including Highway 401, Highway 427, Gardiner Expressway, QEW ensure easy access throughout the region.

Lifestyle & Amenities

Residents of Etobicoke enjoy access to excellent educational institutions including Humber College and Top-rated TDSB schools, healthcare facilities like Etobicoke General Hospital, and major shopping destinations such as Sherway Gardens and Cloverdale Mall. Popular parks include Humber Bay Park and Colonel Samuel Smith Park.

Investment Potential & Growth

Average condo prices: $650,000-$1M. Annual appreciation: 5-8% Average rental yield: 4-5%. Strong rental demand Future developments include Waterfront development and Transit improvements, which will further enhance the area's appeal. Major employment centers include Pearson Airport proximity and Corporate offices, driving demand for housing.

Why Etobicoke is Perfect for Pre-Construction Investment

Toronto address with more affordable prices Subway and GO Train access Airport proximity Waterfront location Diverse community appeal Investing in pre-construction in Etobicoke allows you to secure a property at today's prices while the area continues to develop and appreciate in value.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Investment

Why pre-construction wins

Investment potential

Reina is priced below comparable resale homes in Etobicoke. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.

Buy at today's price, own at tomorrow's value. The playbook that worked for thousands of GTA buyers since 2010.

Developer confidence

Urban Capital and Spotlight Development has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.

View Urban Capital and Spotlight Development profile & projects

Project data sheet

DeveloperUrban Capital
Address689 The Queensway, Etobicoke Nearest
IntersectionRoyal York Rd & The Queensway
PricingStarting From The $700s
OccupancyFall 2025 Storeys /
Suites9 Storeys / 200 Suites Suite
TypesOne Bedroom – Three Bedroom + Den Suites Suite
Sizes550 sq ft – 1,355 sq ft Maintenance
Fees$0.59/sqft per month (Excludes hydro // Includes high speed internet in all suites) Deposit
StructuresOne Beds & One Bed +
Dens$5,000 on Signing // 5% Minus $5,000 in 30 Days // 5% on October 1st, 2023  // 5% on December 1st, 2024 // 5% on Occupancy Two Beds &
Larger$5,000 on Signing // 5% Minus $5,000 in 30 Days // 5% in 180 Days // 10% on Occupancy Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Right to Lease During Occupancy,​ Reduced Parking, Reduced Locker, $20,000 Upgrade Credit (Two Beds & Larger Only) Suite
FeaturesWide Plank Laminate Flooring, Engineered Stone Kitchen Countertops & Backsplash, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more Building
AmenitiesGym, Yoga studio, Community room, Kids playroom, Sound(less) room, Hobby room, Games room, Library, Snack shack, Parcel room, Sharing library, Pet wash, Stroller parking
Amenities

Building features

  • BUILDING FEATURES 197-unit mid-rise brick and glass building located in the heart of the budding Queensway Village A sun lit lobby with double height windows on the north and south end creating a visual pathway through the space. A built-in concierge desk, two elevators, banquette seating and a floating mail room Approximately 150 underground resident parking spaces and 29 commercial and visitor parking spaces Approximately 5,400 square feet of retail space along The Queensway, which will be lined with street trees Approximately 6,500 square feet of exterior courtyard, with BBQs, seating areas, dining tables, a kids play zone and extensive planting Wel...
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Buyer FAQ

Reina questions answered

What is the deposit structure for Reina?

The exact deposit schedule for Reina is set by Urban Capital and Spotlight Development and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for Reina's current deposit structure.

When is the occupancy date for Reina?

Occupancy for Reina has not been publicly confirmed by Urban Capital and Spotlight Development yet. Pre-construction projects in Etobicoke typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.

Are assignment sales allowed at Reina?

Assignment policy is set project-by-project by Urban Capital and Spotlight Development. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for Reina.

What are the closing costs for Reina?

Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for Reina.

Is Reina a good investment?

Reina by Urban Capital and Spotlight Development is priced at Contact for Pricing in Etobicoke. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.

How do I buy Reina?

Register with PreconFactory for VIP Platinum access to Reina. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.

Who represents buyers at Reina?

PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on Reina and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.

Limited VIP spots available

Don't miss out on Reina

Secure your unit today with VIP Platinum access. First pick of floor plans, exclusive pricing, and builder incentives before public launch.

Best pricing

Floor plans

VIP incentives