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98 Queen East Condos

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34 storeys
Completion: TBA

Description

98 Queen East Condos is a new preconstruction condo development by Parallax Investment Corporation. It contains 34 storeys condominium with a total of 372 residential units. This mixed-use building will also offer street-facing retails.

98 Queen East Condos

98 Queen East Condos Highlights:

  • Walk Score of 100 out of 100. Transit score is 100 out of 100
  • located in the heart of downtown Toronto
  • close to Queen subway station and multiple streetcar stops
  • in very close walking distance to the University of Toronto and Ryerson University
  • close to many retail shops nearby
  • kitty-corner to a supermarket at its doorstep
  • Nearby parks include St. James Park, Moss Park and Cloud Gardens

Top Reasons to invest in 98 Queen East Condos.

1.Location

98 Queen East Condos is located in the Garden District, a sector of the downtown core known for it’s bustling city lifestyle. Just on the east side of Yonge, the Garden District envelopes most of the Ryerson University campus, Massey Hall, and countless shops, restaurants and attractions.

Walking distance to the world-famous Eaton Centre Shopping Mall, the Garden District is essentially the epicentre of the city – with concerts and all kinds of city events being hosted in the glitzy Yonge & Dundas Square, and overflowing into the rest of the city. Festivals, parades, and cultural events make this neighbourhood a vibrant urban centre.

This section of Yonge Street has a storied history, often associated with the iconic “Sam The Record Man” neon sign that used to hang above the famous record store, and now has a permanent home at Yonge & Dundas Square. Many shops once considered Toronto landmarks have disappeared in the past few decades, but they are not forgotten, and the new projects in the area have focused on holding onto that central Toronto identity by mixing high-rise living with office and retail space on lower levels. As Ryerson University continues to expand, students have moved into the area, bringing with them energy and excitement. Unique attractions like Karaoke bars, and escape rooms, board game cafes and boutique bars have cropped up, creating new traditions and landmarks.

Greenspaces are abound in the area like Allan Gardens and Moss Park, and with unique neighbourhoods like Church & Wellesley and Cabbagetown just a short walk away, there’s always something fun or interesting going on nearby.

 

2.Transportation Options

The most famous, and busiest road in Toronto, Yonge Street, is one of the longest streets in the world, and begins at the shore of Lake Ontario, and carries all the way north to Barrie. Other major streets in Toronto, Dundas, Bloor, Queen, King, and University form a grid foundation for which the entire city’s transit network rests. Travelling across the GTA is simple even just from these main streets which carry off in every direction towards the eastern and western reaches of the GTA, like Scarborough, Durham Region, Etobicoke, Peel Region and Halton Region to the east and west, as well as York Region in the north.

Public Transit is robust and ever-present in downtown Toronto thanks to the Toronto Transit Commission (TTC), with major subway lines, streetcar lines and bus routes all converging within the downtown district, and funnelling through the hub of Union Station, in the southern end of the Entertainment District. From here, travellers, commuters and explorers alike have seemingly unlimited options. The UP Express Train connects Union to Lester B. Pearson International Airport in Mississauga, the GO Transit infrastructure runs commuter rail lines across the entire GTA and beyond, and VIA Rail provides inter-city transit along the Quebec-Windsor Corridor, the most populous region in all of Canada.

98 Queen East Condos is located in a singularly convenient crossroads in Toronto. You can take the subway from your front door to just about anywhere in the city, but for most needs and desires, you need look no further than the Garden District. Easy commutes to Ryerson University and George Brown College St. James Campus, makes 98 Queen East Condos a perfect place for students to settle in. And easy walks to shopping malls, supermarkets and even St. Michael’s Hospital mean that everything is conveniently located – you’ll probably be able to see it from your window!

98 Queen’s walk score of 100/100 is essentially a perfect score. The Church-Yonge corridor of Toronto only continues to develop and boom as new projects like 98 Queen bring more energy, more demand, and more supply to the already convenient central urban lifestyle.

 

3.Investment Opportunity

It’s projected that very soon Toronto will have the most high-rise condos in the world, and young professionals continue to find the downtown core and West End an attractive spot for starting a family and making a home. Toronto’s growth continues it’s upward trend, and so will Toronto’s most vibrant region. Nowhere is this likely to be more true than the Downtown Core, and with neighbourhoods like the Garden District, Cabbagetown and Church & Wellesley going through unprecedented change and construction, now is an excellent time to look into investment in the area.

Condo prices in the Toronto sit healthily in the high $400K range, and continue to grow by about 10% every year. With this robust and ambitious plan, St. Thomas is looking to build a community that will stand the test of time right in the heart of the city. And with so many draws, like Universities, Campuses and Businesses so close by, this will always be an attractive area for students and young professionals looking for an easy commute.

Take a look at the various suites available at 98 Queen East Condos. With so many options, it’s easy to see why the first phase of the project sold out so quickly!

Property Features

98 Queen East Condos

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