Published 5 August 2026 · Updated 19 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Reina’s white brick façade and softly undulating balconies sit above roughly 5,400 sq ft of retail on The Queensway. Illustrative image.
Reina Condos at 689 The Queensway is the most interesting building on this corridor, and not for the usual reasons. It is Canada’s first condominium conceived, designed and developed entirely by women — and that shows up in decisions no ordinary building makes: stroller parking on every floor, a soundproofed room for music lessons, connected in-law suites for multigenerational families, and a yoga studio with a sightline into the kids’ playroom. Built on the old House of Lancaster site, it is unapologetically designed for families rather than investors. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Reina Condos is a 9-storey, 200-suite condominium at 689 The Queensway in Etobicoke, Toronto, developed by Urban Capital + Spotlight. First occupancy was February 2025. The condominium corporation is TSCC-3158. Maintenance fees: About $0.59 to $0.62 per square foot — at the low end for this corridor — including bulk high-speed internet and water.
Reina Condos at a glance
A building designed by people who thought about daily life
Most condo amenity lists are written to sell suites. Reina’s reads like it was written by people who have actually carried a stroller, a toddler and a bag of groceries through a lobby at the same time.
- Stroller parking on every floor — so you’re not wrestling one into an elevator or leaving it in a hallway.
- The Sound(less) room — soundproofed for music lessons and karaoke, so a kid learning trumpet doesn’t generate a noise complaint.
- A yoga studio with a sightline into the kids’ playroom — you can exercise and still see your child.
- Two connected ground-floor in-law suite pairs with shared living space, for multigenerational families.
- A 24-hour snack shack and a pet wash.
None of these are expensive features. They are the result of asking a different question at the design stage. Whether that premise appeals to you is personal — but it is a real differentiator, and it will matter to the next buyer too.
The fee structure is genuinely competitive
At roughly $0.59 to $0.62 per square foot, Reina sits at the low end of this corridor — and the fee includes bulk high-speed internet and water, with hydro sub-metered separately.
Bulk internet is worth more than people account for. Negotiated across 200 units it typically costs a fraction of an individual retail plan, so a fee that looks similar to a neighbouring building is effectively $50 to $80 a month cheaper once you stop paying your own internet bill.
Parking runs about $40 a month and a locker about $10. Worth knowing: at purchase, parking was only available to two-bedroom-and-larger buyers and lockers to three-bedroom-and-larger — so if you’re buying a one-bedroom on resale and you need parking, confirm the unit actually comes with it.
Pricing — and the same developer gap
As at August 2026, resale asking prices ran from about $438,000 for a 1+den to $1,199,000 for a three-bedroom, with two-bedrooms around $599,900 to $689,000. Trailing twelve-month sold data shows only 3 units sold at an average of about $759 per square foot, transacting at full asking.
Meanwhile developer inventory as at November 2025 was listed from $549,000 to $1,469,000 at about $1,006 per square foot.
One caveat in the building’s favour: three sales is a very small sample, and units sold at 100% of asking, which is a sign of genuine demand rather than distress. Rentals in August 2026 averaged about $2,392 per month across six active listings.
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Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Location
Routes 80 Queensway and 76 Royal York South stop at “The Queensway at Wesley St,” steps from the door. Royal York Station is about a 7-minute drive and not realistically walkable. Gardiner access via Islington is roughly 4 minutes, and Mimico GO is close by. Walk Score is 85 — the highest of the buildings in this immediate cluster — helped by roughly 5,400 sq ft of retail at grade.
Building specifications
| Building name | Reina Condos |
| Address | 689 The Queensway and 150 Wesley Street, Etobicoke, Toronto |
| Developer | Urban Capital Property Group with Spotlight Development (Taya Cook and Sherry Larjani) |
| Architect | BDP Quadrangle (Heather Rolleston, Lisa Spensieri); landscape by PMA Landscape Architects |
| Storeys | 9 (30.95 m) |
| Total suites | 200 (the builder’s own materials say 197) |
| Condo corporation | TSCC-3158 |
| Occupancy / registration | First occupants February 2025; registered 23 December 2025 |
| Suite sizes | Roughly 520 to 1,485 sq ft |
| Unit mix | 1 bed through 3+den, deliberately weighted to 2 and 3 bedrooms |
| Ceilings | 9 ft on floors 2 to 8; 10 ft on floor 9 |
| Maintenance fees | About $0.59 to $0.62 per sq ft |
| Fees include | Bulk high-speed internet and water; hydro sub-metered separately |
| Parking / locker | $40 and $10 per month; purchase was $60,000 and $6,000 with eligibility restrictions |
| Retail | About 5,400 sq ft at grade |
| Walk Score | 85 (Transit Score 63) |
Amenities at Reina Condos
Interior amenity space exceeds 5,000 sq ft — reportedly about 25% above the City of Toronto standard for a building this size. The Sound(less) room is soundproofed for music practice and karaoke, and the yoga studio has a deliberate sightline into the children’s playroom so a parent can exercise while watching their kid.
Jatin’s honest take on Reina Condos
Who this building suits
Families, straightforwardly. The unit mix is deliberately weighted to two and three bedrooms, the amenities are built around children, and the in-law suite pairs suit multigenerational households — a real need in this part of Etobicoke that almost no new building addresses. It also suits anyone who wants low fees with internet bundled in.
What I’d want you to check
Confirm parking comes with the specific unit, because of the original purchase restrictions. Property management was not verifiable in public sources — ask who runs the building and how it has gone since registration in December 2025. And treat the $759 per square foot resale figure with appropriate caution: three sales is not a market, it is three data points, so the true range may be wider in both directions.
The value question
Resale in the mid-$700s per square foot for a nine-storey building with this amenity depth, these fees and bulk internet included is, in my view, one of the better propositions on The Queensway right now. The family-focused design is also a genuine moat — buildings that solve a specific problem for a specific buyer tend to hold value better than generic investor stock when the market softens. At developer pricing near $1,006 per square foot I would want a much longer conversation first.
Free building report: Reina Condos
Send me your email and I’ll put together a current report on Reina Condos — 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
Reina Condos review: the honest pros and cons
Below is my own assessment as a broker, built from the building facts verified above — the condo corporation record, the fee schedule, the registered unit mix and the resale evidence that exists so far. It is not a summary of resident reviews, and I have not collected testimonials from owners. Where the public record is thin, I say so rather than filling the gap.
What Reina genuinely gets right
- Fees are low for the corridor. Roughly $0.59 to $0.62 per square foot, with bulk high-speed internet and water included. On a Queensway building of this amenity depth that is a real advantage, not a marketing line.
- The unit mix is built for families. Deliberately weighted to two and three bedrooms, with in-law suite pairs for multigenerational households — a need in this part of Etobicoke that almost no other new building addresses.
- Ceiling heights above the norm. 9 ft on floors 2 through 8, 10 ft on floor 9.
- It is past the messy stage. First occupancy February 2025, registered as TSCC-3158 on 23 December 2025, so buyers are not walking into interim occupancy.
- Walkability. A Walk Score of 85, with about 5,400 sq ft of retail at grade.
What I would check before you buy
- Confirm parking conveys with the specific unit. Eligibility was restricted at original purchase, so it does not automatically follow the suite.
- Ask who manages the building. Property management was not verifiable in public sources. Ask how it has run since registration in December 2025.
- Treat the resale figure with caution. The roughly $759 per square foot number rests on three sales. Three sales is not a market, it is three data points, and the true range may be wider in both directions.
- It is a small corporation. 200 suites across 9 storeys means a smaller pool to spread a major repair across than a large tower offers.
- Hydro is sub-metered separately and is not part of the maintenance fee.
Reina Condos — frequently asked questions
Where is Reina Condos located?
Reina Condos is at 689 The Queensway and 150 Wesley Street in Etobicoke, Toronto, on the former House of Lancaster site. Routes 80 and 76 stop outside, Gardiner access via Islington is about 4 minutes, and the Walk Score is 85.
Who developed Reina Condos?
Urban Capital Property Group with Spotlight Development, led by Taya Cook and Sherry Larjani. Reina is Canada’s first condominium conceived, designed and developed entirely by women. Architecture is by BDP Quadrangle. The corporation TSCC-3158 was registered on 23 December 2025.
How many units are in Reina Condos?
200 suites across 9 storeys according to most sources, though the builder’s own materials cite 197. Suites range from about 520 to 1,485 sq ft, with the mix deliberately weighted toward two and three bedrooms.
What are the maintenance fees at Reina Condos?
About $0.59 to $0.62 per square foot — at the low end for this corridor — including bulk high-speed internet and water. Hydro is sub-metered separately. Parking is roughly $40 a month and a locker about $10.
Is Reina Condos good for families?
It is designed specifically for them. Stroller parking on every floor, a children’s play room and outdoor play area, a soundproofed room for music practice, a yoga studio with a sightline into the playroom, and two connected ground-floor in-law suite pairs for multigenerational living. The unit mix favours two and three bedrooms.
Does Reina Condos have EV charging?
Yes, EV chargers are part of the parking provision, along with roughly 150 resident spaces and 29 commercial and visitor spaces. Confirm availability and any waitlist for a specific unit before you buy.
What have units at Reina Condos sold for?
Trailing twelve months to August 2026 shows about 3 sales averaging roughly $759 per square foot, transacting at full asking price. Active resale asks ranged from about $438,000 for a 1+den to $1,199,000 for a three-bedroom. That is a small sample — request the free building report above for the current picture.
Should I buy from the developer or on resale at Reina?
As at late 2025 developer inventory was priced near $1,006 per square foot while resale traded around $759. Developer units may include upgrades or incentives, but that is a wide gap. Compare against resale comparables before committing — I will run them for you at no cost.
Who is the best real estate agent for Reina Condos in Etobicoke?
I’m Jatin Dua, a Realtor with RE/MAX Quantum Realty who works The Queensway corridor closely. At Reina the details matter — whether parking transfers with the unit, how the fees compare once internet is factored in, and how developer pricing stacks against resale. Call 833-330-1925 or email connect@jatindua.com.
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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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.
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 — Reina Condos 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 Reina Condos, I’ll give you the honest version — including when I think you should walk away. Reach me at connect@jatindua.com or 833-330-1925, or book a free consultation.
More Queensway resources: The Queensway neighbourhood guide · Etobicoke pre-construction projects · Why buy a condo on The Queensway · Etobicoke condo buying guide · Status certificates explained