The Lexington Condos Phase 2
230 Major Mackenzie Drive West, Richmond Hill, ON, Canada
13 Storeys | 125 Suites
The Lexington Condos Phase 2 is a new pre-construction condo development by Royale Grand Woodbine Developments. Coming soon to 840 Queens Plate Drive in Etobicoke.
The second phase of The Lexington Condos, a luxurious residential development by Royale Grand Woodbine Developments in Rexdale's Etobicoke neighborhood, offers an exciting investment prospect in Toronto's thriving short-term rental market.
Highlights at The Lexington Condos Phase 2
Situated on Queens Plate Drive, just north of Woodbine Racetrack, this new pre-construction project, in conjunction with The Lexington Condominium Residences by the Park Phase 1, offers an unparalleled opportunity. These exceptional condominiums are the closest to Toronto's sole permanent horse racing and gambling facility, conveniently accessible within a mere 5-minute walk. The potential for profitable, high-demand rental accommodations practically speaks for itself.
Reason to Invest In The Lexington Condos Phase 2
- Proximity to Woodbine Racetrack and Casino: The Lexington Condos Phase 2's prime location adjacent to Woodbine Racetrack and Casino Woodbine presents a unique investment opportunity. The area has a rich history of hosting significant horse racing events, including the Queen's Plate and Breeders Crown. As Casino Woodbine continues to expand, it attracts more visitors, making the condos a potentially lucrative option for short-term rentals, catering to tourists and racing enthusiasts.
- Growing Neighborhood Amenities: The surrounding neighborhood has experienced substantial growth, offering a wide range of amenities and conveniences. With Woodbine Centre, just a 5-minute walk away, residents have access to retail shops and services. Additionally, the area boasts banks, grocery stores like Fortinos, and numerous restaurants. This growth enhances the appeal of the condos for both residents and potential short-term renters.
- Excellent Transportation Connectivity: The condominium's location is strategically situated for commuters. It's a mere 22-minute transit ride to the Etobicoke North GO Station, providing quick access to downtown Toronto within 21 minutes by train. Moreover, the area is well-connected by major highways, including the 401, 407, and 427, facilitating a 28-minute drive to downtown Toronto and a 5-minute drive to Pearson International Airport. This accessibility is attractive to both residents and potential tenants, making it an enticing investment opportunity.
- Developer: Royale Grand Woodbine Developments
- Architect: Turner Fleischer Architects
- Building Type: Condominium
- Ownership: Condominium
- Building Status: Pre-construction
- Selling Status: Planning
- Storeys: 13
- Suites: 125