Boutique mid rise in a growth corridor

Kazmir Condos is an 8 storey boutique building by Lormel Homes at 880 The Queensway in south Etobicoke. It adds just over 100 suites to a corridor seeing steady mid rise growth, supported by proximity to downtown, the Gardiner and west end employment. Completion and occupancy are targeted for the mid 2020s, so buyers are looking at a near term handover rather than a long, uncertain build window.

Efficient 1 bedroom with outdoor space

• South facing 1 bedroom, 1 bath
• Approx. 528 sq ft on the 2nd floor
• Full balcony for fresh air and extra usable space
• Minimal hallway, clear living, dining and sleeping zones
• Easy to furnish footprint for end users and tenants
• Strong fit for renters who want modern finishes and a smart size over extra square footage

Amenities that support renter appeal

• Concierge for security and deliveries
• Fitness room and dedicated yoga studio
• Party room for hosting and events
• Indoor and outdoor children’s play areas
• Outdoor terrace with BBQs

Amenity mix that helps compete with other new projects without adding unnecessary ultra luxury costs

Location and demand drivers

Kazmir sits on The Queensway near Islington, with TTC bus service at the door and quick access to the Gardiner, Highway 427 and the QEW. Sherway Gardens, Costco, restaurants and daily retail are a short trip away, while Humber College Lakeshore, Mimico GO and the waterfront are reachable within minutes. This mix of commute options, retail and green space supports demand from both tenants and end users.

Rental context and assignment angle

Recent one bedroom rentals around 880 The Queensway and nearby buildings suggest a rent band that supports investor interest while remaining competitive for local tenants, especially for 1 bed units around 500 to 600 square feet without parking. As an assignment, a buyer steps into an existing agreement at an earlier pricing phase, with deposits already paid and original levy caps set out in the APS. That structure can help manage total cash required and closing costs compared to buying at current list prices.