Q Tower: a proposed 59-storey mixed-use rental and condominium buildings designed by Wallman Architects for Lifetime Developments and Diamond Corp on the southeast corner of Harbour Street and Lower Simcoe Street, in Toronto's Waterfront.
This single tower includes a 6-storey, mixed-use podium that will hold retail, office and amenity space. The units will come in studio-, one-, two-, and three-bedroom layouts ranging in size from 361 sq.ft up-to 825 sq.ft.
According to the developer, the sales are there. There's also a major non market housing component suggesting the development is going to be included in any of the municipal, provincial, federal housing accelerators.
This one is very likely going ahead not long after the site is prepped for construction
Lifetime Developments and DiamondCorp are advancing toward the construction of a rare development in Toronto these days. Q Tower is a 60-storey, 980-unit condominium on the site of a former parking garage at 200 Queens Quay W.
The 1.248-acre site was acquired from Canada Lands Company for $100 million in February 2020 when the Crown corporation realized there were better uses for the prime downtown location.
Sales for Q Tower kicked off in November 2023 at the Real Sports Bar & Grill. Close to 70 per cent of the units have been sold.
“We're very fortunate to be in a position today where we've achieved enough sales to allow us to get our construction financing to allow us to start construction and to allow us to commit to a delivery date, which will be at the end of 2029 to early 2030,” Brown said.
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TORONTO | Q Tower | 648 FT, 197 M | 59 FLOORS
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