88 Queen Condos

88 Queen Condos is new pre construction project phase 2 by St Thomas Developments. It will be located at 88 Queen St E Toronto; Major Intersection is Yonge St and Queen St. E. Close proximity to all major Universities, transit services, shopping, Entertainment centre makes it a sought after project.

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Details of 88 Queen Condos-

• No. of floors – 51
• No. of units – 550
• Suites Starting floor- TBA
• Number of suites/floor – TBA
• Development Name – 88 Queen Condos Phase 2
• Developer (s) – St. Thomas Developments
• Architects – Hariri Pontarini Architects 
• Interior Designer – TBA
• Proposed Building Height – TBA
• Sq footage from – 514 – 791 Sq ft (Plus outdoor wherever applicable)
• Available in 1 BR, 1 BR+den, 2BR, 2BR+Den, 3BR
• No. of Floor plans – TBA

Information for Investors-

• Rentability– Neighborhood vacancy rates below 2% with less than 21 days on market
• Rental Appreciation– Rental rates appreciated an average more than 6.5%  year over year (Source – Toronto Real Estate Board)
• Rental Rates in the area are following-
  Studio- $1800 -2100, Median- 1950, DOM- 11
• 1 Bedroom- $1995 – $2650; Median- $2250, DOM – 19
  1 Bedroom + Den- $2100-$3300, Median- $2350, DOM- 30
  2 Bedrooms- $3350-$3600; Median – $3400, DOM – 13
  3 Bedroom- $3700- 4300; Median – $3995, DOM – 15

(These are last 120 days stats from the date of creating this webpage i. e. 30 Jan, 2020; future leasing rates will move up)

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Highlights about 88 Queen Condos- 

• Located at core Downtown Area
• 7 Minutes walk to Ryerson University
• 12 Minutes short walk to OCAD University.
• George Brown College at a short distance and easily accessible through TTC or Bike ride
• 10 minutes small drive to University of Toronto
• 7 minutes walk to Toronto Eaton Centre is located nearby with all the big name shopping brand
• Yonge-Dundas Square nearby always has something exciting going on; just 5 minutes walk

• In the top retail, financial and entertainment area in Toronto
• Endless Shopping and Eateries in the Bay Street Corridor
• Next to TTC, Queen & Dundas Subway Stations, major streetcar routes
• Gardiner Expressway and Don Valley Pkwy are easily accessible for moving in or out of city

A five-level underground garage will be located at the site. It will have total of 264 vehicle parking stalls:

• 184 for residents
• 30 for residential visitors
• 48 for office use
• 2 for car sharing use

53 of these parking spaces have electric vehicle supply equipment (EVSE). The 88 Queen Condo Building will also provide space for bicycle parking:

• 516 long-term spaces for bicycle parking
• 77 spaces for short-term bicycle parking

• Transit Score 100/100
• Walk Score 97/100

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Renderings –

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Location of 88 Queen Condominiums-

88 Queen Street East, Toronto, Ontario, Canada

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Walk Score – 

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Special Extended Deposit Structure

• $10,000 Bank Draft with Agreement Balance to 5% in 30 days
• 5% in 60 days 120 days
• 5% in 180 days 365 days
• 5% in 480 days 540 days
• 5% Due on Occupancy
• All cheques payable to DENTONS CANADA LLP IN TRUST

Parking

$100,000 $80,000 *Parking available for select suites 700sf and larger
Parking Maintenance: TBA/month

Locker

Waitlist
Locker Maintenance: TBA/month

Tentative Occupancy

Spring 2024

Maintenance Fee

$0.64/sqft (excludes hydro & water) + Rogers HiSpeed Internet at $28.25/month for 2 years

VIP/Platinum Incentives

Big Incentives. Please register below

VIP/Platinum pricing

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 Floor Plans

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Why to Choose Us as Platinum/VIP Broker for Pre Construction Projects???

• First access guaranteed
• Platinum/VIP Prices
• Extended Platinum Deposit structure
• Best Platinum/VIP Incentives
• Capped closing Levies (Project Specific)
• Expert advise for condo unit selection and better understanding of floor plans
• Make you familiar with the process including important dates and closing costs
• Reviewing the Purchase and Sale Agreement before signing & making amendments, if necessary
• Mortgage approval assistance; Wide network of Mortgage Consultants
• Pre delivery Inspection arrangements for our clients to check everything before possession
• Free Lawyer Review of Agreement of Purchase (Conditions apply)
• Refer to Lawyer’s firm at closing; team of lawyers available to serve our clients
• Over above – Expert, honest and Professional Services

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Copyright © 2020. All Rights Reserved. The information provided is for reference purposes only and is without any representations and warranties. The information should be verified. The website owners don’t represent the builders and developers of the condo/house project but represent the buyer/client of units. Sizes are approximate. Sizes, Specifications, Prices, inventory, Incentives and any other promotion are subject to change without notice. Errors and Omissions are Excepted. For Further Information, Please contact Karambir (KB) Singh MBA, CSSBB, PMP Real Estate Broker & Platinum/VIP Agent, 416 948 4757, World Class Realty Point