Top 5 Reasons to Invest in Empire Quay Condos

1.Location

Just steps from Toronto’s iconic Sugar Beach, Empire Quay is right on the waterfront of Toronto, sporting excellent views of Lake Ontario. This area has been in redevelopment for a number of years, owing in part to a rigorous extension of the Sugar Beach Park, which has brought a great deal of beauty and walkability to the area. A number of local parks like Berczy Park, Sculpture Gardens and St. James Park add to the charming beach atmosphere. Spend the afternoon strolling down the shores of Lake Ontario, taking in the fresh air, and relaxing with the family. 

With a Loblaws Supermarket just minutes away, just about anything you’d need day-to-day can be found quickly and easily, making chores and errands simple. 

A number of Toronto’s most exciting and unique neighbourhoods are just a short walk away as well. Take a trip up to Corktown and the Distillery District, both homes to countless restaurants, cafes and breweries. A highly pedestrian-friendly neighbourhood, the Distillery District is famous for little vintage boutiques, stunning industrial architecture, art galleries and installations, music festivals, and the Sunday Market, every week at noon.  

2.Amenities

Rising 21 storeys, Empire Quay Condos will include 451 suites. These units will be divided into a wide selection of home options, from one-bedroom units, to two-bedroom units, as well as one-bedroom-plus-dens, and even a number of three-bedroom units.  These suites will likely range between 650 square feet and 1,200 square feet.

Empire condos are known for their fantastic finishings and features. Customize your unit with quartz or granite counters, ceramic and laminate flooring. Enjoy large windows in your suite, taking in the sun and the luxurious views. 

The building itself will have a number of amenities, and while the full list has yet to be revealed, potential buyers should expect a number of amenities that usually are built into Empire project. Things like a shared outdoor space, terrace, BBQs plus a fitness centre with modern equipment and shared workspaces. All of these amenities will be designed with functionality and convenience at their centre.

3.Transit Options

Empire Quay is located very close to the Gardiner Expressway, which takes residents straight downtown, and further west. Easily travel through the downtown core to the rest of the “Golden Horseshoe” region of Southern Ontario, through Etobicoke, Oakville and Hamilton, or take the Don Valley Parkway north up through Scarborough and into the norther GTA.

The neighbourhood itself is highly walkable, with a score of 90 out of 100. If you’re looking to connect to the TTC, there are a number of options. The Queen’s Quay Street car has a stop just around the corner, and makes the trip to Union station less than 10 minutes. From there, the entire GTA is at your fingertips! Take the TTC Subway Line 1 or Line 2 to all the distant corners of the city. 

Getting out of the city itself is simple too, thanks to the many various GO transit stops and connections through the Union Station hub.

Residents looking to spend a leisurely day with nature can take the ferry from Harbour Square Park, just a few minutes away, and travel to the Toronto Islands. Take in a beautiful view back on the city skyline, enjoy one of the island’s charming bike or walking paths, and much more! Further, connection to the Billy Bishop Airport on Centre Island is just as simple – take the tunnel or the ferry and fly internationally by taking a cab or streetcar just 10 minutes down the street!

4.The Developer

Empire Communities is one of the larger developers in Canada. Specializing in master-planned communities, Empire has built over 10,000 homes across the GTA. Ambitiously, Empire plans to develop 20,000 new homes across the area within the next decade. This is a large increase of development, and Empire believes it can attain this goal thanks to it’s experience being a community builder that focuses on inclusion and building places families can set down roots.

First established in the 1990s, the founders have had experience in the GTA housing market since the 1960s. Having seen a great deal of market shift in that time, Empire understands the importance of remaining nimble, adaptive, and also pushing for evolution in the housing market. That’s why you’ll find they are one of the more “connected” development groups, with active presences on Facebook, Twitter, Instagram, and other social media. Meeting potential buyers in spaces that they use, live, and interact helps Empire forge relationships with buyers and build projects that work for them. 

Recently beginning to spread their operation outward into the United States, Empire has prided itself on building projects with rigorous environmental, progressive and building standards. But their push into places like Houston, Texas doesn’t mean they have forgotten where they come from – Empire continues to develop communities in Toronto and the surrounding area. In addition, they have built community centres with hockey ricks in the developments and even begun sponsoring local hockey teams. 

With a key eye for housing trends, and an ambition that rivals any other, Empire continues to impress and inspire in the GTA housing market. 

5.Investment Opportunities

A neighbourhood that has undergone a great deal of rejuvenation over the past decade, the area around Sugar Beach is charming and evolving. With a number of beautiful parks and amenities in the area, it’s easy to see why development in this neighbourhood would be so attractive.

Condo development boomed throughout the 2000s and 2010s in the entertainment district just minutes to the west. Now that that development has become more dense, the surrounding neighbourhoods are next. We’re beginning to see new development priorities – community sustainability, and style, design and amenties proliferate throughout the downtown core.

Average selling price of pre-construction condos in Toronto is at a healthy high $400K range, meaning that despite all the existing developments, the hunger for new properties is alive and well and now is still an excellent time to invest in the projects throughout Downtown. Just taking a step into one of the downtown’s many condos, and taking in the majestic views of the city’s awesome skyline, or in this case, Lake Ontario, is enough to make you never want to leave.