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Kingsway Crescent – MOVE IN Spring 2023/From the $479,900

Property Rating

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Condo
8 storeys
Completion: 2023

Description

Nestled along the Humber River, a new low-rise condominium project is turning heads. Kingsway Crescent will be located at 4127 Dundas Street West near Kingsway Crescent in Etobicoke. Developed by Harhay Developments, and still in the pre-construction phase, Kingsway Crescent is looking to provide the convenience of an urban city lifestyle while still feeling “away from it all”. Kingsway Condos  features one stunning 8 stories residential towers with 92 distinctive residences and 10 contemporary townhomes. Almost all the suites offer oversized terraces and balconies.

Well connected, and with modern amenities, this development is looking like one to keep your eyes on.

Kingsway Crescent

Kingsway Crescent Highlight:

  • Short Distance to Royal York Subway station
  • Short drive to High Park
  • 7 mins to the Gardiner Express Way
  • Close to Humbertown Shopping Centre
  • Close to the major supermarket
  • TTC Stop and Public Transit
  • Short drive distance to the Lambton Park
  • Close to the shopping and entertainment
  • Walk Score of 63 out of 100. Transit Score 55 out of 100
  • Nearby parks include James Gardens, King’s Mill Park and Étienne Brûlé Park

Top 5 Reasons to Invest in Kingsway Crescent Condos

1.Location

The Kingsway neighbourhood is an affluent, charming neighbourhood. First established in the early 20th century, the neighbourhood is filled with unique architecture and design. A walk through the neighbourhood will be a leisurely walk through a verdant residential paradise, with hundreds of charming English-style homes. 

Over the years, The Kingsway has become a thriving community unto itself, with many stores, restaurants and services lining the small neighbourhood’s borders. The southern side of the Kingsway runs along the famous Bloor Street, with countless amenities and local hangouts. The historic Kingsway Theatre can be found here, as well as King’s Mill Park. Along the Eastern side of the neighbourhood, the Humber River winds it’s way through the dense urban landscape, providing a much needed respite. Magwood Park, The Old Mill, and Home Smith Park are all just minutes walk away. Residents will love taking summer evening walks along Home Smith Park Road, taking in the beautiful nature of the Humber Valley. 

Just a short drive away, Humbertown Shopping Centre is an easy point to run errands and shop with a pharmacy, banks, coffee shops and much more, and just a little further away, the Stockyards is there for a larger-scale shopping experience. Featuring major retailers like Winners, PetSmart, Michaels, SportChek, and Pier 1, the Stockyards is a California-style outdoor mall with many restaurants and other outlets. 

Other neighbourhoods just nearby include the Junction, Bloor West Village, Runnymede, and High Park, all some of Toronto’s most iconic and charming places to spend an afternoon. 

2.Amenities

With a gorgeous design that combines modern lines with wood detailing, the building itself will have a stepped-back shape, deferring to the nature around it, and giving residents beautiful terraces and views of the valley. The development will contain 92 residences and 10 classic townhomes built within the building, all totalling 32,375 square feet of residential ground floor area. 

Throughout the building, suites will range from studio units, to 1-bedroom units, 2-bedroom units, and 3-bedroom units. 

With 3,086 square feet of indoor amenities, the Kingsway Crescent development will contain a great number of the types of amenities residents expect, and with a large, 2,475 square-foot outdoor terrace, the building is expected to be the perfect place for those who like to entertain, or just sunbathe on a summer day. 

  • Party Room
  • Fitness facility
  • Rooftop outdoor amenity space with dining area, fire pit, water feature and zen garden
  • Peter Triantos’s 10 original works of art to display in the amenity room
  • Lobby with concierge service

Kingsway Crescent

Underneath, a 2-level parking garage will hold space for 123 vehicles, 7 of which will be equipped with EV charging facilities. In addition, the underground parking garage will have 130 parking spaces for bicycles. 

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 takes 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. Connect to the TTC Line 2 simply at either Royal York Station or Old Mill, each about a ten minute drive away. Line 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. 

4.The Developer

Harhay Developments is a Canadian development company that specializes in boutique condos and mixed-use buildings. Founded over 30 years ago, Harhay focuses on hand-picking neighbourhoods to build in. They believe that the neighbourhood makes the development, and that the way a project interacts with the neighbourhood around it is one of the key signifiers of it’s success. 

Continuing to grow every year, Harhay has 13 completed projects in their portfolio. Believing that mixed-use buildings help to sustain the neighbourhood around them, Harhay continues to adapt and evolve their business practices. Another one of their core convictions is their commitment to sustainability and green building. Applying the most modern tools and equipment to ensure that their projects are both energy-efficient, and built in an environmentally friendly way. 

Some of their most recent projects include Theatre Park in downtown Toronto, The Ninety, a mid-rise loft on Broadview Avenue, Parc Lofts in Stanley Park, and Oneeleven condos on Bathurst Street. 

5.Investment Opportunities

Kingsway Crescent

Etobicoke has long been considered a green, family-oriented area. It’s suburban, and industrial roots has maintained it’s reputation as a dormitory community for those looking to live just outside the hustle and bustle of the Toronto core. While this remains true, a new influx of other residents is beginning to shift the demographics of the area. Younger residents are increasingly finding the Etobicoke way of life to be very attractive, and are moving into the area in droves. Companies in the tech sector are choosing to build headquarters and offices in the area, retooling old industrial buildings and bringing new energy to older neighbourhoods. These offices and production facilities are bringing new jobs to the area, and enticing young professionals to settle in the area. 

With that in mind, it’s clear that more condominium development will be the way Etobicoke adapts to this population rise. More projects are beginning development all the time in this area, largely focusing along the Queensway in order to provide a balance of residents who work in Etobicoke itself, and those looking to commute into Toronto. This area is becoming a hub for business and retail in the west end of the GTA, and pre-construction projects are truly beginning to spring up left and right. 

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 homes continues to increase as once industrial lands are being repurposed and rejuvenated, 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. As appreciation rates are rising, and the borough goes through this rebirth. And with so many 2-bedroom and 3-bedroom units in the Kingsway Crescent project, whether you’re single professional, or a family looking to put down roots, this building has a floorpan and layout that’s right for you.

Property Features

  • DEVELOPER: Harhay Developments
  • ARCHITECT(S): TACT Architects
  • UNITS: 102 (92 condominiums, 10 townhomes)
  • UNIT SIZES: Condos (431 to 1,554 sf), Townhomes (980 to 1,164 sf)
  • PARKING: $49,000 ; Standard Parking and Locker combo $59,900
  • LOCKER: $5,000 (only available on suites 701 sf and larger)
  • MAINTENANCE: approx. $0.73/sf
  • DEPOSIT: $5,000 on signing ; Balance of 5% in 60 days ; 5% in 180, 360 days and Occupancy
  • ESTIMATED COMPLETION: Spring 2023


Floor Plan & Price List

 
 


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