KSQUARE CONDOS BEGINS CONSTRUCTION JUST ONE MONTH AFTER OFFICIAL SALES LAUNCH
TORONTO, ON – JUNE 27, 2019 – Today, Kingdom Developments Inc. celebrates the official groundbreaking of its Canadian flagship, mixed-use condominium development, KSquare Condos, just one month after launching sales for the highly successful project.
“We’re thrilled with the opportunity to start construction just one month after our sales launch,” said Eric Jensen, Kingdom Developments’ Vice President Projects. “This speaks volumes to the success of KSquare Condos and the significant demand the project commands from both end-users and investors who recognize the incredible value and ownership opportunity that KSquare presents,” he added.
KSquare Condos is located in the heart of central Scarborough at Kennedy Rd. and Sheppard Ave. E., an area currently experiencing a major transformation in new city planning and rapid development growth.
“As one of the first major developments in the City’s most dynamic neighbourhood, KSquare Condos is an exciting addition to Scarborough, an area that’s naturally poised for a residential density boost,” said Ward 22 Scarborough-Agincourt Councillor, Jim Karygiannis.
With over 485,000 sq. ft. of planned development comprising of retail, office and mixed-use residential, KSquare presents a terrific investment and ownership opportunity. In fact, over the next decade, KSquare Condos is expected to kick-start rapid growth in population density and spur new job opportunities in this already fast-growing neighbourhood.
Across the rail corridor from KSquare, the City’s ambitious plans for Agincourt Mall will create retail and office jobs in a dynamic community of new shops, restaurants, cafes, offices, parks and a public square. With 10 million sq. ft. of office space, Scarborough has seen impressive job growth over the last decade, and is home to the head offices of top Fortune 500 companies including Toyota, IBM, Compaq, BMO, HSBC, Sony, Volvo and Lenovo.
Dubbed ‘Kennedy Central,’ this area between Kennedy Road and Highway 401, will soon benefit from improved planned transit service with the proposed $5-billion plan to build a three-stop subway extension in Scarborough with stops at Lawrence East, Scarborough Town Centre and McCowan Rd.
With the existing Agincourt GO station to the north and projected SmartTrack and Sheppard East LRT stations nearby, residents will be able to connect to downtown in minutes. Drivers will also appreciate easy access across the GTA via Highway 401, which is directly to the south of KSquare Condos.
Designed by IBI Group with interiors by Tomas Pearce Interior Design, KSquare Condos features two sleek, elegant glass towers rising 34 and 31 storeys above a shared seven storey podium.
KSquare features a wide range of suite types and sizes including one-bedroom, two-bedroom and three-bedroom layouts. Prices start from $372,900 and early buyers can also take advantage of a free parking space included in their purchase price.
Not only will KSquare be home to Toronto’s largest private condo library and study area, condo residents will also have access to a plethora of outstanding amenities such as two private music rehearsal rooms, state-of-the-art gym, pet grooming spa, kids zone, 24-hour concierge, an expansive party room with two dining areas and a stunning rooftop terrace offering panoramic neighbourhood views.
The KSquare community will be surrounded by nature and green space. Bordering the building, South Linear Park boasts over half an acre of parkland and trails and the building’s grounds will also feature lush landscaping that will weave into a central courtyard to the east of the main entrance.
Those interested in ownership opportunities at KSquare Condos can register online for information at ksquarecondos.com or visit the Presentation Gallery located at 2035 Kennedy Rd., Scarborough. Hours: Mon-Thurs 12 pm – 7 pm; Sat & Sun 11 am – 5 pm, closed on Fridays.
Marketing & Strategic Communications Specialist
905-472-2000 ext. 247
*Please contact to receive hi-res project renderings and official photos from the event.
ABOUT KINGDOM DEVELOPMENTS INC.
For over 20 years, Kingdom has brought their unique vision and perspective to communities around the world. With interests in real estate development, investments, property management, landscaping and modern agriculture, Kingdom is a broadly-based group of companies operating in Vancouver and now in Toronto. Their portfolio of accomplishments includes millions of square metres built and developed, including residential and commercial projects as well as entertainment complexes and conference centres. Learn more: kingdomcanada.com