Construction has begun on Q Tower, a CAD$640 million condominium development rising 60 stories at 200 Queens Quay West on Toronto’s waterfront. The project will deliver nearly 980 new residential suites, adding long-term housing supply to one of the city’s most prominent and transit-connected waterfront precincts.
Q Tower is conceived as a full-spectrum residential environment. Amenities include family-focused spaces, social lounges, fitness and recreation facilities, outdoor dining terraces, and a street-level lobby with retail frontage, reinforcing the project’s role as both a residential building and an active urban interface along Queens Quay. Public and cultural engagement is also embedded within the project and a collaboration with German contemporary artist Michael Moebius will introduce large-scale illustrative works into the building’s common areas, integrating art into daily circulation spaces.
An economic impact assessment by Altus Group estimates that Q Tower will generate approximately CAD$295 million in direct economic benefits for Toronto, including development charges, education levies, parkland contributions, and municipal fees. The City of Toronto is projected to receive more than CAD$10 million in property taxes during construction and an additional CAD$6.7 million annually upon completion, scheduled for 2030, reinforcing the project’s long-term contribution to the city’s fiscal base, infrastructure capacity, and employment landscape.
Read more at Remi Network.