2075 Kennedy Road Condos Scarborough

Scarborough

Details

Updated on October 10, 2020 at 8:45 pm
  • Building: 39 Storeys
  • Units: 930 Units
  • Type: Apartment, Condo
  • Status: Future Development
  • Developer: KingSett Capital
  • Occupancy Year : TBD

Description

Floor Plans, Prices, And All Available Updates Are Here !!!!

2075 Kennedy Road Condos is a new condo development by Kingsett Capital, currently in preconstruction at 2075 Kennedy Road, Toronto.

Investors and home-owners can expect three towers developed by KingSett Capital and designed by Quadrangle. Currently, there is an existing 13-storey office tower in the vicinity that will be retained during the construction.

This project will give residents access to new parks and open spaces. A 0.2 hectare public park will be built and is expected to connect with a 0.26 hectare privately owned publicly accessible open space. This new landscape will brighten up the area.

The development is expected to house two towers at the south-end of the site that will be connected by a shared podium. The towers will reach 38 and 39-storeys high and the podium will reach an impressive 7-storeys high. The podium will be filled with retail and office space and the existing office building will be connected to the podium through a renovated lobby. This detail will give residents the opportunity to live and work in the same place.

The 38-storey tower is expected to house 300 residential units while the 39-storey tower will hold 310 residential units. Indoor and outdoor amenities will be available within the podium on the seventh floor while the outdoor amenities will sit atop the sixth floor. Also inside the podium, levels 2 through 7 will mainly consist of an above ground parking garage.

At the north-east corner of the site, investors can expect a third high-rise that will also reach 39-storeys. This tower will have its own 6-storey podium that will feature an above grade parking garage. The tower will house 320 residential units and similarly to the first two towers, indoor and outdoor amenity space will be available at the top of the podium.

In total, home-owners and investors can expect 930 residential units between all three buildings. The number of rooms in each unit will vary between one-bedroom to three-bedroom units.

KingSett Capital

KingSett owns interests in over $9.0 billion of assets and is Canada’s leading private equity real estate investment business co-investing with institutional and high net worth individuals using active management to create premium risk weighted returns.

Founded in 2002, KingSett has successfully raised $6.4 billion of equity for its Growth, Income and Mortgage strategies and for which it has completed over $23 billion of acquisitions, dispositions and mortgage lending.

KingSett owns interests in over $9.0 billion of assets and is Canada’s leading private equity real estate investment business co-investing with institutional and high net worth individuals using active management to create premium risk weighted returns.

Founded in 2002, KingSett has successfully raised $6.4 billion of equity for its Growth, Income and Mortgage strategies and for which it has completed over $23 billion of acquisitions, dispositions and mortgage lending.

They work together with principals, partners, and high net-worth individuals because of their proven track record of attaining excellent returns. Their experience includes real estate acquisition, ownership, development, leasing management, financing, construction, disposition and lending. They have worked with a variety of developments including office, retail, industrial, residential and hotel properties.

Their activity in apartments and condos has resulted in them curating a magnificent portfolio of multi-family developments that account for 3,700 units across urban centres in Canada. They believe in focusing on tenant satisfaction, efficient operations and sustainability. They do everything with the goal of enhancing their portfolio, creating premium risk weighted returns, but most importantly, improving the experience of living in apartments or condos across Canada.

  • Address 2075 Kennedy Rd, Scarborough, ON M1T 3V3, Canada
  • City Scarborough
  • State/county Ontario
  • Zip/Postal Code M1T 3V3
  • Country Canada

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