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    The Lexington Condominium Residences

    840 Queens Plate Drive

    4for Sale
    3for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    17
    Number of Units:
    170
    Condo Completion:
    2017
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,331 SQFT
    Unit Availability:
    Low
    Property Management:
    No Data

    Listing History for The Lexington Condominium Residences

    Amenities

    Security System
    Party Room
    Concierge
    Gym Room
    Guest Suites
    Games Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 840 Queens Plate DriveThe Lexington Condominium Residences

    Turner Fleischer Architects is a jack-of-all-trades, having worked on everything from the adaptive repurposing of Maple Leaf Gardens to the sleep design of Nespresso’s Toronto flagship store. These adaptable architects were able to flex their creative muscles when planning The Lexington Condominium Residences, resulting in an elegant, black and white tower at 840 Queens Plate Drive.

    The condo was developed in 2017 by Royal Grand Developments and reaches to a cool 17 storeys. Not too big and not too small, 840 Queens Plate Drive contains 170 Toronto condos in all. And as for the amenities at The Lexington Condominium Residences, there’s a concierge, gym, meeting room, party room, and bicycle parking.

    The Suites

    Prospective residents looking for cozy, one bedroom Toronto condos for sale have come to the right place, and so have small families seeking something a little roomier — pun intended. While the smallest units at 840 Queens Plate Dr start at around 500 square feet, the largest reach to 1,300 and contain two bedrooms plus a den.

    The Lexington Condominium Residences straddle the line between elegant and modern. Bright, modern living spaces feature laminate flooring, plus ceramic tiles in foyers, kitchens, bathrooms, and laundry rooms. The kitchens are particularly sleek, with clean lines, maple kitchen cabinets, granite countertops, and stainless steel appliances.

    While 9-foot ceilings are the standard at 840 Queens Plate Dr, suites on the 1st, 10th, and 17th floors boast ceiling heights of 10 feet. And those who are concerned about water and energy consumption will be pleased to hear that these homes feature low-flow bath and showerheads, low-consumption toilets, and energy-efficient thermal windows.

    The Neighbourhood

    An address like 840 Queens Plate Dr is pretty exciting: residents live down the street from some of Etobicoke’s most sought-after attractions. To start, there’s Woodbine Mall, a large shopping centre that’s also so much more than that. Woodbine Mall is also home to Fantasy Fair, an indoor amusement park that serves a pretty important purpose for anyone with kids. Canada’s Wonderland may not be that far off from the Lexington Condominium Residences, but it’s most certainly not open year-round. Residents can also spend the day at the Woodbine Racetrack, and while children under 18 aren’t allowed to bet, they are welcome to watch the races.

    Yet another great thing about living in the Rexdale, West Humber, and Clairville neighbourhood is the abundance of green space in the area. Residents can spend time exploring parks along the Humber River, such as the Humber Arboretum and Humberwood Park. More extreme nature enthusiasts can also visit the Clairville Conservation Area, an 848-acre piece of land filled with rare bird species and even a couple of white deer.

    Transportation

    Although 840 Queens Plate Dr is a ways away from a subway station, that doesn’t mean residents need cars to get around. Residents can travel as far as Union Station in just over one hour by using a combination of buses and the UP Express train. Even Pearson International Airport can be reached in around 35 minutes via the 927 and 52 TTC buses.

    As for those who do drive, living so close to the 427 comes in handy. Accessible via an on-ramp on Rexdale Boulevard, this major highway transports drivers north toward the 407 and south to the 401 and the Gardiner Expressway.

    4

    Listings For Sale

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    3

    Listings For Rent

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    Nearby Amenities

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    29,421
    Average Individual Income
    $68,829
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,546
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    35%
    High Rise Apartment
    31%
    Semi Detached
    19%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    12%
    Cantonese
    9%
    Spanish
    1%
    Urdu
    1%
    Tagalog
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at The Lexington Condominium Residences spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 15 condos in the Rexdale | West Humber | Clairville area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    The Lexington Condominium Residences offers the
    ?
    best value out of 15 condos in the Rexdale | West Humber | Clairville neighbourhood

    Appreciation Rank

    The Lexington Condominium Residences has the
    ?
    highest ROI out of 15 condos in the Rexdale | West Humber | Clairville neighbourhood

    Rental Yield

    The Lexington Condominium Residences yields the
    ?
    highest rent prices out of 15 condos in the Rexdale | West Humber | Clairville neighbourhood

    High Demand

    The Lexington Condominium Residences is the
    ?
    most popular building out of 15 condos in the Rexdale | West Humber | Clairville neighbourhood

    Transaction Insights at 840 Queens Plate Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$475,000 - $540,500No Data$630,000 - $735,000
    Avg. Cost Per SqftNo Data$720No Data$603
    Avg. Wait for Unit Availability92 Days23 DaysNo Data379 Days
    Ratio of Units in Building18%74%2%9%

    Maintenance Fees

    The Lexington Condominium Residences vs The Rexdale | West Humber | Clairville Area

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