
Reina Etobicoke
New pre-construction condo Urban Capital and Spotlight Development in Etobicoke.
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!
Why Etobicoke works
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
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.
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 & projectsProject data sheet
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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Project visuals














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.
Helpful guides for buyers
First-Time Buyer Guide
Government incentives, deposit structures, and the step-by-step buying process.
Read guideMortgage Calculator
Estimate monthly payments, stress test qualification, and CMHC insurance.
Read guideLand Transfer Tax
Calculate closing costs including Ontario and Toronto LTT rebates.
Read guideInvestor's Handbook
ROI strategies, assignment sales, and cash-flow analysis for investors.
Read guideOther pre-construction in Etobicoke
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