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689 The Queensway Towns

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689 The Queensway, Etobicoke, ON M8Y 1L1
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Townhome Project Summary

This new pre-construction townhome development proposed by Parallax Development Corporation. Slated to be a contemporary selection of 55 urban residences, The project occupancy is not known yet. This stretch is ideally located in a rapidly gentrifying neighbourhood, close to parks, the lake and highway access. 689 The Queensway Towns is located at The Queensway neighbourhood in Etobicoke.

These new Etobicoke townhomes sit at 689 The Queensway, just two blocks east of Royal York Road. The development plan calls for 55 residential units and 3,186 square-feet of retail space divided into four distinct portions. These retail units will front onto The Queensway, while the townhouse – each reaching three storeys – will front onto the quieter Penhurst Avenue and Wesley Street to the east and west.

689 The Queensway Towns
New Townhome Development at 689 The Queensway, Etobicoke, ON M8Y 1L1

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The building’s U-shaped architecture will allow for a private courtyard to anchor it, professionally landscaped and perfect for socializing, celebrating or enjoying a quiet moment after a hectic day. A single level of underground parking is proposed, which will house 77 vehicle spaces, 60 of which will be allocated for residents.

Residents will have the option of choosing either three or two-bedroom-plus-den layouts, ranging from 1,500 square feet to 1,630.

This Townhome . project will boast tasteful brick-clad exteriors and open, light-filled interiors that connect to private backyards and rooftop terraces. Celebrity designer Mike Niven will be handling the interior design. Featuring contemporary features and finishes, these townhouses will be a fantastic addition to this rapidly urbanizing stretch of Etobicoke.

Townhomes are ranging from 1,500 square feet to 1,630

Location & Neighbourhood

Scoring an 83/100 on its Walk Score, this stretch has plenty of amenities within walking distance, including restaurants, grocery stores, shops and services. It’s a short distance from Queensway Park, which features an ice rink and athletic fields and Mimico Creek, which is surrounded by parkland and a network of secluded walking trails.

The site is also a short drive to the waterfront, where you’ll find parks, yacht clubs and some of the city’s best locations to watch the sunrise. The Queensway neighbourhood really does offer the best of both worlds; urban amenities, a neighbourly feel and stunning access to nature.

Commuters will appreciate the location too, as it’s a few minutes’ drive to the Mimico Go station and not too much farther to the Gardiner Expressway, which will take you directly into downtown Toronto

We’ve seen a number of modern condominium proposals along this stretch, including condominium towers, townhomes and commercial and retail spaces, encouraged by the area’s growing population with young families and professionals.

Just to the north, the Islington City Centre neighbourhood has also seen a rapid population and development growth. It’s a bustling commercial district home to the newly-upgraded Sherway Gardens mall and the head offices for several companies in the science, technology and creative industries.

Convenient, exciting and picturesque, Etobicoke has so much to offer for the motivated real estate investor.

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Towns Project Developer

Parallax Development Corporation is a boutique firm with experience working on retail, condominium and mixed-use projects throughout Canada and the United States. Their diverse portfolio is a testament to the breadth of their knowledge, which spans several aspects of the development spectrum, including development, sales and property management.

Read more about Parallax Development Corporation.

Parallax Development Corporation

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