Kingside Residences

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Scarborough is the eastern district of Toronto, which is the largest City in Canada, and is home to over 2.7 Million people and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!

WORLD CLASS CITY
Toronto has been recognized internationally as the most diverse and multicultural city in the WORLD! There is desirability for others to move here which is evident by the high amount of immigration and migration into the city. Toronto has one of the fastest growing tech sectors in North America and is home to the 2nd largest Financial Centre in North America and is home to THREE world renowned Universities (The University of Toronto, Toronto Metropolitan University & York University), not to mention it is safe and is full of diverse food and entertainment options for everyone.

CONNECTIVITY & TRANSPORTATION
The city is serviced by TTC Bus Transit, 6 GO Stations, Subway Transit, Highway 401 located only a short distance from the Pearson International Airport and the newly proposed Sheppard East LRT!

LOCATION, LOCATION, LOCATION
Living in Scarborough means having easy and quick access to Downtown Toronto by either car or public transportation. The city is also home to the Scarborough Town Centre (the largest shopping centre in Toronto’s east end), the Toronto Zoo, University of Toronto, Centennial College, Rouge National Urban Park and of course the famous Scarborough Bluffs.

REPUTABLE DEVELOPER
Altree Developments is a full-service development company with deep roots in the industry that date back to the 1950s and are committed to challenging the status quo and breaking new ground in creating inspirational residential, commercial, and retail projects with a compelling offering that creates significant value for customers, investors, and community stakeholders.

Quick Facts*

Developer: Altree Developments
Address: 2151 Kingston Rd, Scarborough
Nearest Intersection: Kingston Rd & Danforth Ave
Pricing: Starting From The High $400s
Occupancy: Estimated Fall 2026
Storeys/Suites: 10-Storeys / 156 Suites
Suite Types: Studio – Three Bedroom + Den
Suite Sizes: 339 sq ft – 1,338 sq ft
Maintenance Fees: Approx. $0.68/ sq ft (Excludes hydro, water, cable, and internet)
Deposit Structure: $10,000 on Signing // 5% Minus $10,000 in 30 Days // 2.5% in 180 Days // 2.5% in 365 Days // 2.5% in 540 Days // 5% in 720 Days // 2.5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($15,900 for Studios, 1 Beds & 1 Bed + Dens // $18,900 for 2 Beds & 2 Bed + Dens // $19,900 for 3 Beds & 3 Bed + Dens), Capped Section 37 at $5,000 (regularly $8,500), Capped Meters at $1,500 per meter plus applicable taxes, $5,000 Assignment (valued at $10,000), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Right to Lease During Interim Occupancy, Parking and Locker Incentives: Regular Parking: $85,000 $75,000, EVG Parking: $95,000 $85,000, Locker: $10,000 $8,500
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Indoor Amenities: Glass elevator with views of the city, Relaxation Lounge, Open Concept Coworking Area, Private Meeting Rooms, Party Room, Fitness Centre, Pilates Reformer Beds/Yoga Stretch Room // Outdoor Amenities: Outdoor Workout Area, Games Table, Lounge Seating Area, Rooftop Lounge Seating Area, Rooftop Dining with BBQs