Verge 2 - East Tower
1007 The Queensway, Toronto
Your rent at Verge 2 - East Tower is not capped. The building's first tenants moved in Nov 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
The building
The building
RioCan Living brings Verge 2 - East Tower to 1007 The Queensway, a 17-storey high-rise in Etobicoke's evolving Queensway corridor. The completed building offers 335 suites, from compact one-bedroom layouts to larger homes up to 972 square feet.
Amenities
Amenities
The Queensway is one of Etobicoke's busier retail and dining strips, lined with everyday shops, restaurants, and services within easy reach of the building. Nearby Sherway Gardens and the broader commercial areas of the west end add larger-format shopping and big-box retail, while local parks and green spaces along the corridor offer room to unwind. As part of the greater Toronto region, the surrounding area connects residents to a full range of amenities without straying far from home.
Rent control
Your rent here is not capped
Your rent at Verge 2 - East Tower is not capped. The building's first tenants moved in Nov 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.
Getting around
Getting around
The Queensway is a direct east–west route into downtown Toronto and out toward Mississauga, and the Gardiner Expressway and Highway 427 are both close by, making car travel across the west end and beyond straightforward. TTC surface routes serve The Queensway, connecting to the subway network, and the nearby GO network links the area to the wider region for commuters heading further afield.
Who built it
RioCan Living
The company focuses on mixed-use and transit-oriented residential communities, often paired with retail, across the Greater Toronto Area. Its projects reflect a background in large-scale urban development in established, well-connected locations.
Questions
Questions
- Can my rent at Verge 2 - East Tower go up by any amount?
- Your rent at Verge 2 - East Tower is not capped. The building's first tenants moved in Nov 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
- When did the first tenants move into Verge 2 - East Tower?
- The builder's first move-in date for Verge 2 - East Tower is Nov 2025. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
- Who built Verge 2 - East Tower?
- RioCan Living built Verge 2 - East Tower at 1007 The Queensway, Toronto.
- Can I find a unit at Verge 2 - East Tower on this site?
- Nothing is listed at Verge 2 - East Tower right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
- What size are the suites?
- Homes range from 487 to 972 square feet across the building's 335 units. Specific floor plans and layouts are confirmed by RioCan Living.
- When is occupancy?
- Construction is complete and estimated occupancy is November 2025.
- Where is Verge 2 - East Tower located?
- The building is at 1007 The Queensway in Etobicoke, Ontario, in Toronto's west end near the Gardiner Expressway and Highway 427.
Toronto
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