Verge - East Tower Etobicoke
New pre-construction condo Innovo and RioCan Living in Etobicoke.
About Verge - East Tower
Project highlights
- Development
- Verge - East Tower
- Developer
- Innovo and RioCan Living
- Location
- Etobicoke — 1001 The Queensway, Etobicoke
- Property type
- Condo
- Ownership
- Condominium / Freehold
- Sales status
- Selling Now
- Starting price
- $600,000s
- Occupancy
- TBD
Verge - East Tower is a new pre-construction condo Innovo and RioCan Living 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 $600,000s, Verge - East Tower 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 stunning new development coming soon to in Etobicoke! The perfect location for those seeking convenient transportation, shopping, and outdoor amenities – Verge Condos provides the ideal location for any lifestyle! Here, residents will be perfectly placed just minutes from the and so much more!
Why Etobicoke works
Verge - East Tower sits at 1001 The Queensway, Etobicoke. 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, Verge - East Tower 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
Verge - East Tower 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
Innovo and RioCan Living 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 Innovo and RioCan Living profile & projectsProject data sheet
Building features
- BUILDING FEATURES • Interiors designed by award-winning international design studio, DesignAgency • Outdoor spaces designed by renowned landscape architecture studio, FORREC • Spacious roundabout allows delivery or car share companies to safely pickup and drop-off passengers and packages • Lobby Lounge including fi reside seating and a 24-hour concierge service • Mail and Parcel Room • Secure underground vehicle and bicycle parking • 1VALET smart management system integrated within building GENERAL SUITE FEATURES • 9' smooth finish ceilings throughout • 4" contemporary white-painted baseboards in all principal areas • Individual in-suite managed HVAC...
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Project visuals
Verge - East Tower questions answered
What is the deposit structure for Verge - East Tower?
The exact deposit schedule for Verge - East Tower is set by Innovo and RioCan Living 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 Verge - East Tower's current deposit structure.
When is the occupancy date for Verge - East Tower?
Occupancy for Verge - East Tower has not been publicly confirmed by Innovo and RioCan Living 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 Verge - East Tower?
Assignment policy is set project-by-project by Innovo and RioCan Living. 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 Verge - East Tower.
What are the closing costs for Verge - East Tower?
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 Verge - East Tower.
Is Verge - East Tower a good investment?
Verge - East Tower by Innovo and RioCan Living is priced at $600,000s 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 Verge - East Tower?
Register with PreconFactory for VIP Platinum access to Verge - East Tower. 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 Verge - East Tower?
PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on Verge - East Tower 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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