Festival Condos

Set to be Canada’s first all-female development project

It is not often that we come across life changing opportunities. Here, we present to you an opportunity to be a part of The Queensway’s community. Reina Condos is a family-friendly, midrise condominium being built by Urban Capital and Spotlight Development, located at The Queensway and Royal York Rd. Starting from the low $500,000s, we would like to extend to you an exclusive opportunity to be an owner of this historic landmark.

Starting with the architecture, Reina Condos is a complete reinvention of urban condominium living design. Not only is it spectacularly beautiful, with sinuous architecture and interiors, but it also fosters a stronger sense of community, making the building feel like its own neighbourhood. Residents of Reina Condos can also take full advantage of the amenities and activities, in order to connect with the community and foster new relationships.

General Information

Location

Reina Condos is located front and center of the Etobicoke of the GTA. Not only does it occupy prime real estate in the GTA, it’s fairly close to the downtown core as you’re able to hop on the 501-301 Queen streetcar or the Lakeshore West Line through Mimico GO station. For residents who own a vehicle, you are only minutes away from Gardiner Expressway.

Reina Condos is a part of a well-connected community. From Fashionable malls to fine restaurants, everything you can think of is within your convenience. Nearby there is a Cineplex, Costco, local pubs, eateries and clubs.

For young families, there are a myriad of options for elementary, secondary, and post-secondary education. Whether it is private, public, or Catholic schools, they’re all within a short driving distance of Reina Condos. Meanwhile, commutes to Humber College, George Brown College, U of T, and Ryerson University are just a few stops away with local transportation.

Amenities

Reina Condos is set to feature some of the best World-class amenities. Whether it be the luxurious lobby, the contemporary designed lounges, the outdoor BBQ and fire pit, or the state-of-the-art multi-media facilities, all of these amenities will meet the same level of luxury and prestige associated with Reina Condos’ brand and reputation.  

Condo Finishes

Suite Features

  • Suites with 9′ high ceilings on floors 2 to 8, 10′ high ceilings on floor 9 and above
  • Exposed concrete or smooth*** ceilings and columns,* and floor-to-ceiling rolling doors*
  • Wide-plank laminate flooring** throughout
  • Suite entry doors with security viewers
  • Brushed aluminum contemporary hardware

Balcony and Terraces

  • Electrical outlets on balconies and terraces
  • Water lines on all terraces

Kitchen

  • Open-concept kitchens with spacious built-in pantry and integrated bookshelf*
  • Engineered stone countertops and backsplash**
  • Under-mount stainless steel sink, with single-lever black faucet
  • Energy Star®* appliances including fully integrated fridge and dishwasher, stainless steel convection oven, induction cooktop and hood fan

Bathroom

  • Vanities with undermount sinks, engineered stone countertops** and contemporary single-lever black faucets
  • Medicine cabinet with storage and mirror
  • Contemporary bathroom fixtures throughout
  • Square-designed tub(s) and/or custom shower(s)* with full-height tile surrounds**
  • Frameless glass shower enclosures for separate showers*
  • Porcelain tile flooring and porcelain tile for full height along vanity wall**
  • Temperature control valves in all showers

Laundry

  • Stacked washer and condensing dryer in every suite

Electrical And Communications

  • High speed internet service included in the condominium fees and available for use within all suites and the amenities****
  • Service panel with breakers
  • Switch-controlled receptacles in living areas and bedrooms, light fixture(s) in foyer, track lighting in kitchen and rough-in for overhead fixture in dining room
  • Individual electric sub-metering
Note
* As per plan / where applicable
** From builder’s samples.
*** Smooth ceilings are available as an option at extra cost for units with exposed concrete. Smooth ceilings may be standard in certain units throughout the building or portions of units (e.g. under terraces, mechanical PH or other transfer or acoustic conditions)
**** Bulk Internet has been committed to for the building. See budget for details.

Photo Gallery

Additional Information

Deposit Structure

  • $5,000 Bank Draft on Signing
  • Balance to 5% in 30 Days (10% in 30 Days)
  • 5% in 120 Days (10% in 120 Days)
  • 5% in 365 Days (5% in 120 Days)
  • 5% on March, 2022 (5% on March, 2022)
  • 0% on Occupancy (5% on Occupancy)

Parking Price

  • $45,000

Locker Price

  • $6,000

Assignment Fee

  • Currently Free

About The Developers

Urban Capital is a business with deep roots in the city of Toronto. The company was formed in 1996s by David Wex and Mark Reeve, both entrepreneurs, visionary and successful businessman, who initially wanted his business to be focused on building residential properties that delivered outstanding quality and lasting value. Over the years, Urban Capital has developed over 4,500 urban condominiums, with another 2,600 now under construction and several thousand in the pipeline

Spotlight Development Inc. is a real estate development firm, specialized in the acquisition of properties for the purpose of redevelopment into high density residential and mixed-use projects. What makes Spotlight Development Inc unique is the decision to create Toronto’s first all-female real estate development team. In partnership with Urban-Capital, Spotlight Development’s all female real estate development team are set to build Reina Condos together.

What defines Urban Capital and Spotlight Development Inc. as reliable brands are their remarkable track record in developing commercial and residential projects. Both Companies have shown great success with developing properties in some of Canada’s largest communities, such as The Smart House, in downtown Toronto. Together, they have completed hundreds residential and mixed-use buildings with many more in various stages of planning and development.

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