Vicinity Condos will be a mid-rise about 20 minutes from downtown Toronto on the south side of The Queensway strip in Etobicoke.

Equiton recently acquired the land at 875 The Queensway for the purpose of developing the site into 150 residential units. Zoning approvals are now complete and the project is scheduled for construction in 2025, with occupancy by 2026.

Plans calls for studios to three-bedroom layouts. KFA Architects and Planners designed the 11-storey building with three levels of underground garage and a five-storey podium facing the street.

In a recent statement, Equiton announced its team is actively pursuing additional development opportunities. “Our goal is to achieve strong financial returns for our investors while helping to address Canada’s pressing housing needs,” said Equiton’s Vice President of Development, Alan Dillabough. “Our current development projects in Ottawa, Guelph, and Toronto have a projected completion value exceeding one billion dollars and will encompass over a million square feet of space, including 1,500 housing units. With an extensive market understanding, we’re fully equipped to support investors in securing a stable financial future.”