Kingdom Developments entered the Toronto real estate market earlier this year with the introduction of KSquare Condos, and the project is already celebrating a major milestone. The two-tower development officially broke ground last week at a special ceremony attended by Jim Karygiannis, City of Toronto Ward 22 Councillor, Danny Tito, Executive Vice-President of SKYGRiD Construction and Jacob Ma, President of Kingdom Developments.
“We’re thrilled with the opportunity to start construction just one month after our sales launch,” says Eric Jensen, Vice President of Projects at Kingdom Developments. “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.”
Located at Kennedy Road and Sheppard Avenue East, KSquare Condos will play a pivotal role in the area’s transformation. When completed, the development is expected to add over 485,000 square feet of retail, office and mixed-use residential space to the rapidly-growing “Kennedy Central” corridor. Down the street from KSquare Condos is the Agincourt Mall, which is also expected to undergo extensive redevelopment plans that will create new retail and office jobs within a dynamic community of shops, restaurants, parks and commercial spaces.
“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,” says Karygiannis.
The area between Kennedy Road and Highway 401 will also benefit from the proposed $5 billion plan to build a three-stop subway extension in Scarborough, with stops at Lawrence East, Scarborough Town Centre and McCowan Road. Combined with the existing Agincourt GO station to the north and the planned SmartTrack and Sheppard East LRT stations nearby, residents of KSquare will be in the heart of Toronto’s newest transportation hub.
Designed by IBI Group with interiors by Tomas Pearce Interior Design, KSquare Condos features two elegant glass towers rising 31- and 34-storeys above a shared seven-storey podium. Available suites at KSquare start from $372,900 and offer a range of layouts and sizes, including one-bedroom, two-bedroom and three-bedroom floorplans appointed with modern features and finishes.
Not only will KSquare be home to Toronto’s largest private condo library and study area, but residents will have access to two private music rehearsal rooms, a state-of-the-art gym, pet grooming spa, kids zone, 24-hour concierge and an expansive party room with two dining spaces. The amenity area will be topped off with a stunning rooftop terrace, providing the perfect spot for entertaining friends and family. At the heart of the community is a landscaped central square that serves as a focal point and gathering space for residents, while a linear park bordering the buildings adds an additional half acre of parkland and trails.
To learn more about KSquare Condos, be sure to register online or visit the sales office located at 2035 Kennedy Road. Hours are Monday to Thursday from 12pm to 7pm and weekends from 11am to 5pm.
For more information, visit ksquarecondos.com to register.