Reina Condos

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About

Reina Condos

Reina Condos is a unique pre-construction condominium project, nestled in the heart of Toronto's bustling Queensway neighbourhood. The condominium is a product of an innovative partnership between Spotlight Development and Urban Capital Property Group, two respected names in the real estate industry. Currently under construction at 689 The Queensway, Toronto, Reina Condos boasts an impressive 85/100 walk score and a 63/100 transit score, indicating a highly accessible location with excellent transportation links. The development, designed by renowned architects BDP Quadrangle, is scheduled for completion in 2024.

Reina Condos
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Why Invest in

Reina Condos

This nine-storey development comprises a total of 197 suites, ranging in size from 520 sq.ft to 1485 sq.ft. These beautifully designed spaces are priced from $762,000 to $1,410,000, making the condo a viable option for a broad range of budgets. Considering Toronto's property market and its average rent prices, Reina Condos presents an attractive investment opportunity for those seeking to own a piece of this vibrant city.

Prices, Floor Plans, Availability

About the Project:
  • Address: 689 The Queensway, Toronto
  • Developer: Spotlight Development & Urban Capital Property Group
  • Occupancy: 2024
  • Area: TBA
  • Deposit: TBA
  • Storeys: 9
  • Maintenance Fees: TBA
  • Units: 197
  • Prices: $762,000 to $1,410,000
About the City:
  • Toronto, deriving its name from the Huron word for "fishing weir", is strategically located on the northwest shore of Lake Ontario.
  • The city covers 641 sq.km, stretching 43 km from east to west and 21 km from north to south at its longest points.
  • Toronto is home to over 1,600 named parks, offering over 200 km of trails suitable for biking and walking.
  • As of 2022, Toronto's population was 3,025,647, and the average household income was $84,000.
  • The city has a thriving rental market, with almost half of Toronto households renting, and average market rents for a two-bedroom apartment at $1,811.

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Reina Condos

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Details Behind This Pre-Construction Project in

Toronto, ON

About the Developer: Spotlight Development & Urban Capital Property Group

Spotlight Development is a reputed real estate developer led by Sherry Larjani. With a passion for creating beautifully designed spaces, Sherry Larjani has built a successful career in the real estate industry. Spotlight Development specialises in the acquisition of properties for redevelopment into high-density residential, commercial, and mixed-use projects. In 2019, Sherry partnered with Urban Capital to create Reina, a project with Canada's first all-female development team. The team's commitment to inclusivity and collaboration is testament to their innovative approach towards real estate development. With numerous successful projects under their belt, Spotlight Development & Urban Capital Property Group continue to make their mark on the Canadian real estate landscape.

DIAMOND CORP.

Diamond Corp. is committed to building on the legacy created by the late A.E. Diamond. The company has a proven track record in planning and real estate development, with an expertise in achieving rezoning approvals for complicated sites.

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