IQ Condos Phase 3 is a new pre-construction project, building on the first two phases of the IQ Condos development near the Islington-City Centre in Etobicoke. While the first phase of the project was built in 2014 at the corner of The Queensway & Zorra Street, this third phase is just down the street, marking the south-eastern corner of the development property. 

Developed by Remington, IQ Condos Phase III will have a total of 981 units. Sleep style and modern design intersect in this exciting continuation of a highly-regarded project years in the making.

IQ Condos Phase III Highlight:

• Located at Islington-City Centre
• Easy access to the Gardiner Express Way
• Close to Mimico GO Station
• Surround Nice Restaurant and Shops

IQ Condos 3 will be the third instalment of the IQ Condos master-planned complex. This 8-acre residential project has seen much success as its first and second towers, IQ Condos and Park Towers Phase 2 at IQ have sold out. IQ Condos 3 is a tri-tower residence that is already attracting great fanfare. Sleek style and modern interiors will make IQ Condos 3 the place to live in Etobicoke.

Top 5 Reasons to Invest in IQ Condos Phase III

1.Location

IQ is located just minutes from Islington City Centre – a bustling core of commerce in the heart of Etobicoke. Condominiums are continuing to rise and develop in the area, proving it’s an exiting neighbourhood, filled with possibility. 

Filled with convenient amenities and many company head offices, as well as CF Sherway Gardens, a home to countless big-box stores and high-end labels like Saks Fifth Avenue and Nordstrom. Everything you could ever want, from superstores like IKEA and Costco are nearby too, making IQ Condos a highly convenient place to set down roots.  

Primarily a suburban region, Etobicoke is often characterized by large main streets, expressways and shopping malls, as well as idyllic residential streets nestled among the ravines of the city, and canopied by beautiful old trees. It’s eastern border is marked by the famously picturesque Humber River and Marshes, making Etobicoke a renowned spot for nature walks that pop in and out of the boroughs urban sprawl. 

Etobicoke has some of the most beautiful parks in the GTA, many of which are nestled within the ravines and valleys that are so distinct to Toronto’s natural geography. Hiking trails and sports fields punctuate beautiful lush green spaces that are home to a number of community events, festivals and amenities meaning that nature is never far away. 

From the BMX course and conservatory in Centennial Park to the picnic tables and shady bird sanctuary in Colonel Sam Smith Park, Etobicoke has everything a family looking to spend a hot summer afternoon could ever want. Immerse yourself in the natural beauty of Humber Arboretum, take a stroll and take in the beautiful curated gardens, or walk along the Humber River at Humber Bay Park East, just a few kilometres from the city’s Financial District.

While the development itself is close to a number of parks like Connorvale Park nad Queensway Park, there will be an initiative to greenish as much of the space within the 8-acre development as possible. In addition, residents will be able to take just a short walk town to Lake Ontario. Spend the day taking a stroll along the shore, or enjoy all the natural beauty of Humber Bay Park-West. 

2.Amenities

In total the new phase of the project will house 303 units with a large selection of layouts and room counts. With the smallest coming in at 550 square-feet, and the largest at 900 square-feet, units will be a mix of one, two bedrooms, as well as one bedrooms plus den and two bedrooms plus den. The largest units will even include a wrap-around terrace.

A big highlight of the IQ project is it’s beautiful unit designs. Large, plentiful cabinetry, plus stainless steel appliances and breakfast bars combine to make spending time in your kitchen a luxurious affair. And with sleek fixtures in the bathroom, you’ll want to spend all day in your deep soaker tub. 

All units feature gorgeous views out their floor-to-ceiling windows, taking advantage of the natural light and with a large rooftop patio on the building’s podium, with lounging space and outdoor fireplaces, residents will find as many excuses as possible to spend time outside, soaking up the sun. 

Inside, buyers will delight in the various amenities, from a fitness centre to a yoga studio, a whirlpool, and even a pet grooming station. 

The entire development has been planned out far in advance. The entire project will have a total of seven towers spread across eight-acres, dotted with public parks and lined with beautiful tree-canopied walkways. 

3.Transit Options

Etobicoke is well connected to the many roads and highways that make up the GTA’s primary transportation system. A simple grid street layout makes access to Highways easy, whether is the 401, Canada’s largest, highest traffic highway with access to the northbound Highway 400 in the north, or the Gardiner, which is immediately to the southern border of the IQ development. The Gardiner and the Queensway both take residents straight downtown, providing two easy paths into the core, and making commutes a breeze.  

And if you’d rather not drive, the TTC has a robust presence within Etobicoke, making it a no-brainer for easy commutes into the city as well as travel throughout the GTA. Lien 2 Bloor-Danforth has it’s western tip ending at Kipling Station near Islington City Centre West in the heart of Etobicoke, and countless bus routes line the many roads and streets heading north and southbound from there. Etobicoke is also linked to MiWay, the Mississauga transit system, and is home to four Go Stations: Etobicoke North, Kipling Station, Long Branch and Mimico.

IQ Condos 3 has a Walk Score of 68 out of 100. the perfect Transit Score of 59 out of 100. This location is in the Islington-City Centre West neighbourhood in Toronto. Nearby parks include Queensland Park, Ourland Park and Connorvale Park.

4.The Developer

Remington Homes is a trusted developer, having built many projects within the GTA over the last few decades. Known for building in up-and-coming areas, and for focusing on responsible growth within those communities, Remington has established itself as a developer that works closely with the neighbourhoods they build in, to make sure they develop a project that coexists with the people and families around it.

Behind a massive urban redevelopment in the GTA that takes up more than 200 acres, Remington wins great industry praise by dreaming big, and following-through on their ambitious projects.

Family run for over 65 years, Remington has built thousands of new homes across the GTA, and is currently led by the brother Rudolph Bratty and Jerry Bratter – two very respected entrepreneurs in the Toronto Real Estate scene. Together this generational company strives to build it’s projects based on hard work, state-of-the-art modernism and old-fashioned ingenuity, trying to make sure every project has some uniqueness and connection to the community in which it is built.

5.Investment Opportunities

Many new condominium buildings tower above the greenery of the Etobicoke ravines, leading to a new boom of population and economy in the borough. A rise in density along Bloor St. and Humber Bay has lead to a strong middle class and an increase in demand for condos and other more dense housing options. 

With a healthy average selling price, pre-construction condos in the area sit in the early $400K range. New listings hold a &674 price per square foot and continue to grow. Rental rates are affordable, but the demand for condos continues to increase as once industrial lands are being repurposed and rejuvinated, creating new neighbourhoods and communities which appeals to younger families and professionals. 

Now might be one of the best times in the borough’s history to invest in condos in the Etobicoke area, especially in master-planned communities like the ambitious IQ project.