The Lexington Condos Phase 2
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Condo Project Summary
A luxury condominium made to complement a top Toronto tourist attraction looks to become a red-hot investment opportunity in the local short-term rental accommodation market.
The Lexington Condos Phase 2 is a residential condominium by Royale Grand Woodbine Developments in the Etobicoke neighbourhood of Rexdale . This new pre-construction project is located north of Woodbine Racetrack on Queens Plate Drive.
Together, with The Lexington Condominium Residences by the Park Phase 1, this exquisite new luxury residence represents the closest condominiums to Toronto’s only permanent horse racing and gambling facility. At just 5 minutes away by foot, this condo’s investment opportunities for lucrative, in-demand rental accommodation are so clear, they simply present themselves.
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Befitting the sport of kings, this regal development features a clean-lined, sharply-contoured design that is home to palatial condo suites, each fit for royalty.
This development’s 13-storey condo tower perches atop a 5-storey podium and contains the following 125 condo suites:
- 32 one-bedroom units (44-57 square metres)
- 63 one-bedroom + den units (51-70 square metres)
- 7 two-bedroom units (72-101 square metres)
- 23 two-bedroom + den units (65-124 square metres)
The condo will be served by a four-level underground garage that will host parking space for 145 vehicles and 126 bicycles.
And, with construction on Phase 1 now finished, The Lexington Condos Phase 2 looks to be just as luxurious and sumptuous as its well-appointed predecessor.
The precursor Lexington Phase 1 features such impressive features and finishes as 10-foot-high ceilings (on certain floors), elegant plaster cornice moulding, kitchens with expansive breakfast bars, and bathrooms with contemporary maple vanity base cabinets.
Not only that, Phase 1 features such 5-star condo amenities as a boardroom, a party room with bar and catering kitchen, and a fitness room equipped with cardio, aerobics, and weight training facilities. And, with Phase 2 planned to contain 250 square metres of both indoor and outdoor amenities, it’s clear that future residents have a lot to look forward.
With more details to come, be sure to register with GTA-Homes today in order to receive all the latest updates.
Location & Neighbourhood
First opened in 1956, Woodbine Racetrack has hosted a string of important races like the Queen’s Plate and the Breeders Crown that have made it a mainstay of Canada’s most important racetracks. And, as the adjoining Casino Woodbine continues to expand with eTables and slot machines, the surrounding neighbourhood has also grown considerably, now offering a full line-up of retail shops, services, and all-round conveniences.
Located beside Woodbine Racetrack and Casino Woodbine is retail counterpart Woodbine Centre. Located a 5 minute walk from the condo, this neighbourhood amenity is complemented by yet another retail area, again to the east. Here, located just past Highway 27, residents can find a bank, a Fortinos, and many restaurants.
As well, this area is also supported by educational facilities such as Etobicoke General Hospital, William Osler Health Centre, and the school grounds for Humber College and University of Guelph-Humber, nearby facilities where attending students have an ongoing need for accommodations.
Aside from its immense convenience when it comes to local amenities, this area also happens to be well-suited for local commuters.
In just 22 minutes by transit, residents are able to access the Etobicoke North GO Station, allowing for 21-minute-long train trips to downtown Toronto. And, surrounded by a set of intertwining highways that include 401, 407, 427, this area is nothing short of superb for local drivers. From this location, motorists can reach downtown Toronto in just 28 minutes, Pearson International Airport in just 5 while numerous employment centres can be found in nearby Mississauga.
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The Lexington Condos Phase 2 Developer
As the proud builder of The Lexington Condominium Residences by the Park, Royale Grand Woodbine Developments has proven itself to be among the elite group of GTA condominium developers. A publicly traded company listed on the Toronto Stock Exchange, this developer is committed to satisfying their clients with homes made to the highest possible standards.
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