162 Queens Quay Condos is a new condo development by Empire Communities currently in preconstruction at 162 Queens Quay East, Toronto. 162 Queens Quay Condos has a total of 460 units.
Empire Quay House Condos Summary
This new condo development by Empire Communities steps away from the picturesque shores of Lake Ontario, featuring 460 suites, this 20-storey building is an excellent opportunity to invest in one of Toronto’s rapidly rejuvenating neighborhoods. Empire Quay House Condos is coming to Toronto’s East Bayfront neighborhood.
With a close proximity to parks, waterfront trails and the downtown core, this is an ideal area for individual investors and families, who desire a community atmosphere with the conveniences of living within the heart of a thriving urban centre.
This 20-storey condominium will include 450 suites. Based on developer previous waterfront projects the building will feature a selection of one-, two-bedroom and one-bedroom plus den suites along with a limited number of three-bedroom luxury suites. While the square footage of individual suites is not available, based on the developer’s previous Condo developments, Empire Quay House Condos suites will range from 650 sq.ft,. to 1,2000 sq. ft.
Based on previous condominiums the developer favours finely appointed features and finishes with options including quartz and granite counters and ceramic and laminate flooring. Previous developments have also included shared outdoor terraces, BBQs, fitness centres and shared workspaces, creating a truly community oriented living experience.
The developer is known for creating custom experiences that make the most of waterfront living, and Empire Quay House Condos is expected to include features such as outdoor terraces that offer spectacular waterfront views.
Location & Neighborhood
The East Bayfront is one of four distinct waterfront neighborhoods that include West Don Lands, Central Waterfront and Port Lands. Each area offers a unique atmosphere that includes access to the arts, entertainment, shopping and dining. Nautical aficionados will appreciate the accessibility to the lakeshore and access to boating, swimming and any other water sports imaginable..
Residents will appreciate the proximity to the Corktown neighborhood and Distillery District, which has become home to award-winning restaurants, cafes and microbrewers. An outdoor pedestrian-friendly area that was once the home of Gooderham and Worts Distillery, the area has undergone a transformation into a thriving collective of artist studios and local retailers. During the holiday season the Distillery District is transformed into Toronto’s Christmas Market which features an outdoor marketplace, light displays and carnival rides.
As an area that has undergone significant rejuvenation and development since the early 2000’s, The neighborhood also features many parks and green spaces including Sculpture Gardens, plus impressive views of Lake Ontario and Toronto Islands.
Residents will appreciate this location for a perfect 100 on its Transit Score and a 90 on its Walk Score so much so that vehicular transportation is not necessary for daily errands.
One of the last Toronto Waterfront properties is now for sale. Located across from Sugar Reach at Queens Quay East 0 lower Jarvis, Empire Quay House Condo is set to tilt the appetite of anyone wanting Waterfront Condos.
What makes this project even more special Is how affordable the condos are (from the mid/high $400,000’s) and the amazing deposit structure (only 5% Deposit yearly) That means, for less than $25,000 per year, you can afford a Jr. One Bedroom condo in one of the last Toronto Waterfront properties.
Why buy at Empire Quay House Condo:
- Toronto Waterfront condos arc extremely scarce and command a big premiurn in the resale market.
- Rental Rates are very high due to the lack of supply and the growing demand.
- This condo is extremely affordable from both a price point and deposit terms.
- The Toronto Waterfront will be home to 50,000 new jobs.
- Sugar Beach is across the street from this development.
- A new LRT will be built to connect directly to Union Station and the PATH.
- The views are amazing (Water Views & Toronto Skyline view).
- Free Assignment, Free Rental Listing, Right to Lease at Occupancy.
- Excellent Developer (Empire Communities) with a long and proven track record.
- George Brown College & the innovation Centre is across the street.
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