Published 5 August 2026 · Updated 5 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Islington–City Centre
Verge Condos East Tower in one look.
1007 The Queensway, Etobicoke, Toronto
Storeys
17
Suites
341
Developer
RioCan Living
Corporation
TSCC-3160
Walk Score
91
Free · about 45 seconds · no obligation
What is your unit at Verge Condos East Tower worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Good Transit
Bike Score
Bikeable
Transit, nearest first
- 8080 QueenswayTTC busSteps away
- 110110 Islington SouthTTC busSteps away
- 1515 EvansTTC bus0.6 km
- GOMimico GOLakeshore West line1.7 km
- 2Kipling stationLine 2 Bloor–Danforth2.3 km
- 501Lake Shore Blvd W at Superior Avenue501 Queen / 507 Long Branch streetcar2.3 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–5
Castlebar Junior School
70 Chartwell Rd
0.8 km · ~13 min walk
Zoned for this address
Middle
Norseman Junior Middle School
105 Norseman St
1.2 km · ~19 min walk
Zoned for this address
High schoolGr 9–12
Etobicoke Collegiate Institute
86 Montgomery Rd
3.0 km
Zoned for this address
Catholic elementary
Holy Angels Catholic School
0.6 km · ~9 min walk
Nearest, confirm zoning
Catholic elementary
St. Louis Catholic School
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic secondary
Bishop Allen Academy Catholic Secondary School
1.5 km · ~23 min walk
Nearest, confirm zoning
French-language · MonAvenir (Catholic)
École élémentaire catholique Sainte-Marguerite-d'Youville
1.7 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Verge Condos East Tower actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 0 | too few | 43 | $2,000/mo |
| 1 bed + den | 0 | too few | 73 | $2,250/mo |
| 2 bed | 0 | too few | 32 | $2,600/mo |
| 2 bed + den | 0 | too few | 3 | $2,750/mo |
| 3 bed + | 0 | too few | 22 | $3,100/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Verge Condos East Tower
Do mostly owners or renters live here?
Renter-heavy building. Of 173 deals here in the last 24 months, 173 were leases and 0 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Verge Condos East Tower?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Verge Condos East Tower
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at Verge Condos East Tower lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Pasta
Ragu Scratch Pasta
0.3 km · ~5 min walk
Greek
Souvlaki Place
0.4 km · ~6 min walk
Ukrainian
Golden Lion Restaurant
0.4 km · ~6 min walk
Caribbean
Scottybons Caribbean Grill
0.5 km · ~8 min walk
Burger
Mike's
0.5 km · ~8 min walk
Coffee
Tim Hortons
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Queensland Park
- Queensway Park
- Ourland Park
Prices: TRREB MLS® System aggregate medians for 1007 The Queensway, last 12 months (updated 5 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Verge Condos East Tower at 1007 The Queensway is the tallest thing on this corridor at 17 storeys and 341 suites, and it comes with the most ambitious amenity program I have seen in Etobicoke — a golf simulator, two interactive fitness studios, a putting green and a ninth-floor terrace with Lake Ontario views. It is also brand new: RioCan registered the corporation in January 2026, which means almost nothing about its resale behaviour is known yet. I’m Jatin Dua, RE/MAX Quantum Realty, and here is what we do and don’t know.
Quick answer
Verge Condos East Tower is a 17-storey, 341-suite condominium at 1007 The Queensway in Etobicoke, Toronto, developed by RioCan Living. Both Verge towers currently appear under TSCC-3160, registered 8 January 2026; whether they are one corporation or two is unresolved. Maintenance fees: Not published as at August 2026 — pre-construction material listed them as “TBA” and the corporation registered only in January 2026.
What this building has actually traded for: the last 12 months
Resales and leases recorded on the TRREB MLS® System for 1007 The Queensway, 5 October 2025 to 5 October 2026.
No unit at this address resold through MLS in the past 12 months, while 172 were leased. For now it trades as a rental building, so an owner thinking of selling has no recent in-building sale to price from — that is exactly where a careful valuation matters.
Source: TRREB MLS® System data, compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty, Brokerage. Aggregate figures only; individual sale prices are not published on this page. Medians exclude zero and null values; samples under three are shown as counts only. The information is deemed reliable but not guaranteed. Updated 5 October 2026.
Verge Condos East Tower at a glance
The amenity program is the pitch
RioCan built this as a lifestyle building and the programming shows it. On the ground floor there is a dog and pet spa, a co-working space with meeting rooms, personal booths, communal tables and a fireplace. Level two carries a kids’ play studio, a traditional fitness centre and two interactive fitness studios set up for remote training, plus a golf simulator studio and outdoor fitness space.
The ninth-floor terrace is the showpiece: a party room, outdoor lounge and fire pit, cabanas and sun beds, fully wired outdoor co-working stations, BBQs and outdoor dining, a games room — and Lake Ontario views. Level eleven adds a putting green and green roof.
That is a genuinely deep package. The honest counterpoint: every one of those spaces has to be cleaned, heated, insured and eventually replaced, and that cost lands on 341 owners. Amenity-rich buildings tend to see fees rise faster over a twenty-year horizon than plain ones.
What we genuinely do not know yet
It is also unresolved whether the two Verge towers share one corporation or operate as two — both currently appear under TSCC-3160. That is not a trivial detail: it determines whose fees pay for what.
The one price figure that exists is a building average around $1,275 per square foot, which reflects pre-construction and developer pricing rather than resale. Based on what happened at 859 West and Reina — where developer pricing ran 30 to 35% above resale — I would expect resale here to settle materially below $1,275. But that is a reasoned expectation, not a fact, and I will not present it as one.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
The location is the strongest on the corridor
1007 sits at Islington and The Queensway, anchoring the corner. Gardiner ramps are roughly 450 metres away. Cineplex Cinemas Queensway & VIP is on the same lot — you can walk to a movie in two minutes. RioCan built a new public park between the two Verge towers, and there is over 30,000 square feet of retail at grade across the project.
Transit: Route 80 Queensway at Islington, plus 110 Islington South and 37 Islington. Kipling Station is about a 21-minute walk. Mimico GO is roughly 7 minutes by car, putting Union under 20 minutes by train. Sherway Gardens is about 5 minutes.
Building specifications
| Building name | Verge Condos East Tower (Phase 2) |
| Address | 1007 The Queensway, Etobicoke, Toronto M8Z 6C7 (project address 1001 The Queensway) |
| Developer | RioCan Living (RioCan REIT); built with SKYGRiD |
| Architect | Turner Fleischer Architects; interiors by DesignAgency; landscape by Forrec |
| Storeys | 17 (60.3 m / 198 ft) |
| Suites in this tower | 341 |
| Project total | 544 to 545 suites across both towers |
| Condo corporation | TSCC-3160, registered 8 January 2026 |
| Suite sizes | Approximately 443 to 1,108 sq ft |
| Unit types | 1 bed, 1+den, 2 bed, 2+den, 3 bed |
| Project unit mix | 28 studios, 252 one-bedroom, 200 two-bedroom, 57 three-bedroom across both towers |
| Retail | Over 30,000 sq ft at grade across the project |
| Affordable units | 12 affordable rental units in the project |
| Maintenance fees | Not yet published |
Amenities at Verge Condos East Tower
The eleventh-floor putting green and the golf simulator studio are unusual for a building this size. Guest suites, EV charging and visitor parking counts were not verified in any source.
Jatin’s honest take on Verge Condos East Tower
Who this building suits
People who will actually use the amenities — the golf simulator, the co-working space and the fitness studios are not decoration, and if you work from home and exercise seriously they represent real monthly value. It also suits anyone who wants brand-new construction with lake views and the best highway access in south Etobicoke.
What I’d want you to check
Do not buy here without a published maintenance fee. An amenity program this large with an unknown fee is an open-ended commitment, and first-year actuals in new buildings routinely exceed builder projections. Also establish who manages the building and whether the two towers share one corporation. And apply the corridor lesson: compare any developer price against resale comparables once they exist, because the pattern at 859 West and Reina was a 30 to 35% gap.
The value question
Genuinely unknowable today, and I would rather say that than invent a number. The location is the best on The Queensway and the amenity package is the deepest. But with no resale history, no published fee and unresolved corporation structure, buying here right now means accepting real uncertainty. If you can wait six to twelve months for the first resale transactions to establish a floor, you will be buying with far better information — and I am happy to watch it for you in the meantime.
Free building report: Verge Condos East Tower
Send me your email and I’ll put together a current report on Verge Condos East Tower — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Verge Condos East Tower review: the honest pros and cons
This is my own read as a broker, drawn from the project record and the condo corporation filing above. It is not a summary of resident reviews — the building registered in January 2026 and there is not yet a meaningful body of owner experience to report. Where the record is still blank, I say so.
What Verge East genuinely gets right
- The location is the strongest on the corridor. Over 30,000 sq ft of retail at grade across the project means daily errands stay on foot.
- The amenity program is real, not decoration. The golf simulator, co-working space and fitness studios are the genuine pitch here, and they matter if you work from home.
- A credible team. RioCan Living (RioCan REIT) with SKYGRiD, Turner Fleischer Architects, interiors by DesignAgency, landscape by Forrec.
- Registered and past interim occupancy. TSCC-3160, registered 8 January 2026.
- Range of suite sizes. Roughly 443 to 1,108 sq ft across 1 bed, 1+den, 2 bed, 2+den and 3 bed.
What I would check before you buy
- Maintenance fees are not yet published. This is the single biggest unknown. On a 544-suite project with an amenity program this heavy, the fee is the number that decides whether it is good value — get it in writing before you commit.
- There is no resale track record yet. With registration in January 2026 there is no meaningful price history to reason from, so you are pricing on comparables from neighbouring buildings rather than this one.
- Amenity cost follows amenity depth. Golf simulators and multiple fitness studios are not free to run. Ask how the first-year budget assumes they will be staffed and maintained.
- Confirm which tower and which phase. The project address is 1001 The Queensway and this tower is 1007 — make sure the unit you are looking at is in the tower you think it is.
Verge Condos East Tower — frequently asked questions
Where is Verge Condos East Tower?
At 1007 The Queensway, at Islington Avenue in Etobicoke, Toronto (project address 1001 The Queensway). Gardiner ramps are about 450 metres away and Cineplex Cinemas Queensway is on the same lot.
How tall is Verge Condos East Tower?
17 storeys, 60.3 metres, with 341 suites. It is the taller of RioCan’s two Verge towers — the West Tower at 1037 The Queensway is 10 storeys.
Who built Verge Condos?
RioCan Living, part of RioCan REIT, built with SKYGRiD. Architecture is by Turner Fleischer Architects, interiors by DesignAgency and landscape by Forrec. The corporation TSCC-3160 registered on 8 January 2026.
What are the maintenance fees at Verge Condos?
Not published as at August 2026 — pre-construction material listed them as “TBA” and the corporation registered only in January 2026. Do not commit to a purchase here without a confirmed fee figure and what it includes.
What amenities does Verge East Tower have?
24-hour concierge, dog and pet spa, co-working space with meeting rooms and private booths, fitness centre plus two interactive fitness studios, a golf simulator studio, kids’ play studio, a ninth-floor terrace with lake views, cabanas, fire pit, BBQs, games room, and an eleventh-floor putting green and green roof.
Is Verge Condos close to a subway?
Kipling Station is about a 21-minute walk. Route 80 Queensway stops at Islington, with routes 110 Islington South and 37 Islington nearby. Mimico GO is roughly 7 minutes by car, which puts Union Station under 20 minutes by train.
Have any units resold at Verge Condos yet?
No verified resale transactions as at August 2026 — the corporation registered in January 2026 and there were no resale listings. The quoted building average near $1,275 per square foot reflects developer pricing, not resale. Expect resale to settle lower based on the pattern at nearby new buildings.
Should I buy from the developer at Verge Condos?
Be cautious. At two comparable new Queensway buildings, 859 West and Reina, developer inventory was priced roughly 30 to 35% above what units actually resold for. Verge has no resale history yet to compare against, which is itself a reason to slow down. Ask me to review the pricing before you sign anything.
Who is the best real estate agent for Verge Condos in Etobicoke?
I’m Jatin Dua, a Realtor with RE/MAX Quantum Realty who works The Queensway corridor. For a building this new, the value is in knowing what is still unknown — the fee, the management, the corporation structure — and not letting you buy around those gaps. Call 833-330-1925 or email [email protected].
How much is rent at Verge Condos East Tower?
The median lease at Verge Condos East Tower over the last 12 months was $2,300/mo, from 172 leases. Units typically leased in 17 days.
What does each unit type cost at Verge Condos East Tower?
Over the last 24 months: One-bedrooms rented for $2,000/mo; One-bedroom-plus-dens rented for $2,250/mo; Two-bedrooms rented for $2,600/mo; Two-bedroom-plus-dens rented for $2,750/mo; Three-bedrooms rented for $3,100/mo. Each median uses three or more deals.
Do mostly owners or renters live at Verge Condos East Tower?
Mostly renters. Of the deals here in the last 24 months, 100% were leases and 0% were sales.
Can you Airbnb a unit at Verge Condos East Tower?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Verge Condos East Tower had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Verge Condos East Tower zoned for?
For TDSB public schools, the address is zoned for Castlebar Junior School (Elementary, JK–5), Norseman Junior Middle School (Middle), Etobicoke Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the Walk Score of Verge Condos East Tower?
Walk Score 91, Transit Score 58 and Bike Score 60. Most daily errands can be done on foot.
What restaurants and shops are near Verge Condos East Tower?
Within about a 10-minute walk: Ragu Scratch Pasta (Pasta), Souvlaki Place (Greek), Golden Lion Restaurant (Ukrainian), Scottybons Caribbean Grill (Caribbean), Mike's (Burger).
Which parks are near Verge Condos East Tower?
Queensland Park, Queensway Park, Ourland Park are the closest green spaces.
What is my unit at Verge Condos East Tower worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Verge Condos East Tower lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at Etobicoke more broadly? Start with my Etobicoke community guide — the neighbourhoods, what each pocket is like, and where they sit relative to one another.
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Condo Valuation
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worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
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Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
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Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Building data for 1007 The Queensway
Pulled from City of Toronto open data · Scarborough Southwest · read 2 November 2026
Most recent permits here
- Plumbing(PS) Building Permit Related(PS) · Revision Issued · 2026-02-26REV 02: REVISION TO GROUND FLOOR RETAIL REV01: Revised LayoutPlumbing - Proposal for a mixed use residential building.
- Mechanical(MS) Building Permit Related(MS) · Revision Issued · 2026-02-25REV 02: REVISION TO GROUND FLOOR RETAILREV 01: Revised layout.HVAC - Proposal for a mixed use residential building.
Registered unit counts and plan numbers come from the City’s register of residential condominiums (2002–2018), so buildings registered before 2002 show no plan data here. Permits and development applications come from the City’s open data and are updated automatically. Always confirm details with the status certificate before you buy.
About the author — Jatin Dua, Etobicoke real estate agent
I’m Jatin Dua, a Realtor with RE/MAX Quantum Realty, and The Queensway is my home turf. I work this corridor every week — Verge Condos East Tower and every other building between Royal York and Kipling. When people search for the best real estate agent in Etobicoke or a top Etobicoke condo agent, what they usually need is someone who actually knows the individual buildings: which exposures get afternoon sun, which corporations have healthy reserve funds, and which units are priced past what they’ll appraise for.
That’s the part I care about. If you’re buying or selling at Verge Condos East Tower, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Queensway building guides: Queensway Park · Qube · The Hive Lofts · 859 West · Reina
More resources: The Queensway neighbourhood guide · Etobicoke pre-construction · Etobicoke condo buying guide · Status certificates explained
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© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.