Park Terraces at Valhalla Town Square North Tower — Toronto Pre-Construction
Park Terraces at Valhalla Town Square North Tower is a resale pre-construction condos development by Edilcan Development Corporation in Toronto's Islington…
Park Terraces at Valhalla Town Square North Tower Quick Facts
| Project Name | Park Terraces at Valhalla Town Square North Tower |
|---|---|
| Developer | Edilcan Development Corporation |
| Address | 2 Gibbs Road |
| City | Toronto |
| Neighbourhood | Islington Village |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 10 |
| Suite Sizes | 446 – 1325 sq ft |
| Pricing | $333,000 – $1,010,000 |
| Deposit Structure | 5% + 5% on Occupancy |
| Maintenance Fees | $1 / sq ft / month |
| Occupancy | 2021-01-01 |
| Walk Score | 68 |
| Transit Score | 73 |
About Park Terraces at Valhalla Town Square North Tower in Toronto
Park Terraces at Valhalla Town Square North Tower is a completed home community by Edilcan Development Corporation at 2 Gibbs Road in the Islington Village neighbourhood of Toronto. The project is 10 storeys tall and contains 387 homes. Architecture is by Page + Steele / IBI Group Architects, with interiors by Tomas Pearce Interior Design Consulting Inc. Park Terraces at Valhalla Town Square North Tower was completed in 2021. Homes range from 446 to 1,325 sq. ft. The location has a Walk Score of 68 and a Transit Score of 73.
Key Highlights of Park Terraces at Valhalla Town Square North Tower
ABOUT PARK TERRACES AT VALHALLA TOWN SQUARE NORTH TOWER IN ETOBICOKE
Park Terraces at Valhalla Town Square North Tower is a new condominium project by Edilcan Development to be located at 2 Gibbs Road in Etobicoke’s Islington Village community. It’s currently in preconstruction and supposed to be completed sometime in 2020.
✔ Proposed to have a total of 387 luxury condo units (suite sizes range from 469-square-feet to 1,087-square-feet) with 10-storeys
✔ Architecture by Page + Steele IBI Group Architects
✔ Amenities include one free parking space, four large (shared) terraces, a stunning courtyard, dining room for residents, a yoga studio, library, kids’ area, gym, and social lounge for residents and guests
✔ The Valhalla Town Square Condo project consists of three residential condo towers clad in glass and dark brick overlooking a European style courtyard garden
ABOUT ISLINGTON VILLAGE/ETOBICOKE
The Islington Village area of Etobicoke is about a 31-minute commute to Downtown Mississauga by car or 46-minutes away via bus. The new condo project is located conveniently close to Highway 427.
✔ Good WalkScore of 67/100 and TransitScore of 73/100, and okay BikeScore of 53/100
✔ Local attractions, things to do, and landmarks in and around the area include Humber Bay Park, Centennial Park Greenhouse, Woodbine Centre, Colonel Sam Smith Park, Toronto Congress Centre, the Islington Mosaic (a street mural the area is famous for among locals and tourists), Etobicoke Creek Trail, Loreland Park, Kingsway Theatre, Cineplex Cinemas Queensway & VIP, Sismet Park, historic Montgomery’s Inn, St. James Park, James Gardens, First Canadian Place, Centennial Park Golf Centre, Royal Woodbine Golf Club, Village of Islington, Neilson Park Creative Centre, Theatre Etobicoke, historic Applewood The Shaver Homestead, Westmount Gallery, and St. George’s Golf & Country Club
✔ Public and private schools near the community include Bloorlea Middle School, St. Elizabeth Catholic School, Bloor West Montessori, Wedgewood Junior School, Etobicoke Collegiate Institute, Central Etobicoke High School, Kipling Collegiate Institute, Bishop Allen Academy, Don Bosco Catholic Secondary School, Holy Child Catholic School, Etobicoke School of the Arts, Nativity of Our Lord Elementary School, and Eatonville Junior School
✔ Public transportation options near the area include the 2 Line 2 Bloor-Danforth rail line and bus lines such as the 3 Bloor, 49 Bloor West, 111 East Mall, 112 West Mall, and the 307 Philip Pocock-Bloor East line
ABOUT EDILCAN DEVELOPMENT CORPORATION
Edilcan Development is a Vaughan-based real estate developer and builder with new and preconstruction projects in the Greater Toronto Area, including Mississauga, Etobicoke, and surrounding cities/communities.
✔ Portfolio includes One Valhalla Towns & Condos, Valhalla Town Square, Park Terraces at Valhalla Town Square, Triumph at Valhalla, and Thunderbird Condos
Park Terraces at Valhalla Town Square North Tower Renderings & Gallery
Park Terraces at Valhalla Town Square North Tower Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| B1 N/ST | 1 | 1 | 446 | $395,000 | Sold Out |
| B3S | 1 | 1 | 469 | $333,000 | Sold Out |
| B3 N/S | 1 | 1 | 469 | Register for pricing | Sold Out |
| B4 N/S | 1 | 1 | 477 | Register for pricing | Sold Out |
| B5S | 1 | 1 | 491 | $335,000 | Sold Out |
| B6S | 1 | 1 | 500 | $340,000 | Sold Out |
| B7 N/S | 1 | 1 | 517 | Register for pricing | Sold Out |
| B7S | 1 | 1 | 517 | $337,000 | Sold Out |
| C1N | 2 | 1 | 523 | Register for pricing | Sold Out |
| C1 N T/L | 2 | 1 | 523 | Register for pricing | Sold Out |
| C2S | 2 | 1 | 525 | $342,000 | Sold Out |
| C2N | 2 | 1 | 531 | $427,000 | Sold Out |
| C5S | 2 | 1 | 610 | $377,000 | Sold Out |
| C6S | 2 | 1 | 703 | $589,000 | Sold Out |
| D1S | 2 | 2 | 711 | $423,000 | Sold Out |
| D5S | 2 | 2 | 754 | $599,000 | Sold Out |
| D4S | 2 | 2 | 755 | $599,000 | Sold Out |
| D6S | 2 | 2 | 772 | $599,000 | Sold Out |
| E2S | 3 | 2 | 888 | $630,000 | Sold Out |
| F5S | 3 | 2 | 985 | $675,000 | Sold Out |
Full Park Terraces at Valhalla Town Square North Tower floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Park Terraces at Valhalla Town Square North Tower price list and floor plans.
Park Terraces at Valhalla Town Square North Tower Deposit Structure
5% + 5% on Occupancy
Deposit structures at Park Terraces at Valhalla Town Square North Tower can change between releases and may differ for international buyers. Confirm the current Park Terraces at Valhalla Town Square North Tower deposit structure before submitting a worksheet.
Amenities & Finishes
- ["-Media Lounge\n-Library Lounge\n-Fitness Centre\n-Formal Meeting Room\n-Yoga Studio\n-Outdoor Pool\n-Party Room\n-Kids Zone"]
Location: 2 Gibbs Road
Park Terraces at Valhalla Town Square North Tower is located at 2 Gibbs Road, Toronto in the Islington Village neighbourhood, Greater Toronto Area.
- Walk Score: 68/100
- Transit Score: 73/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Edilcan Development Corporation
Park Terraces at Valhalla Town Square North Tower is being developed by Edilcan Development Corporation, with architecture by Page + Steele / IBI Group Architects and interior design by Tomas Pearce Interior Design Consulting Inc..
See all Edilcan Development Corporation pre-construction projects.
How to Buy at Park Terraces at Valhalla Town Square North Tower
- Register early. Allocation at Park Terraces at Valhalla Town Square North Tower in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. The current published deposit structure is 5% + 5% on Occupancy.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Park Terraces at Valhalla Town Square North Tower
Budget beyond the purchase price at Park Terraces at Valhalla Town Square North Tower: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Park Terraces at Valhalla Town Square North Tower. Confirm each in the current agreement of purchase and sale before you sign.
Park Terraces at Valhalla Town Square North Tower — Frequently Asked Questions
Where is Park Terraces at Valhalla Town Square North Tower located?
Park Terraces at Valhalla Town Square North Tower is located at 2 Gibbs Road, Toronto in the Islington Village neighbourhood.
Who is the developer of Park Terraces at Valhalla Town Square North Tower?
Park Terraces at Valhalla Town Square North Tower is being developed by Edilcan Development Corporation.
How much do units at Park Terraces at Valhalla Town Square North Tower cost?
Pricing at Park Terraces at Valhalla Town Square North Tower starts from $333,000 and ranges to $1,010,000. Prices and incentives change with each release — request the current price list for live pricing.
When is occupancy at Park Terraces at Valhalla Town Square North Tower?
Estimated occupancy for Park Terraces at Valhalla Town Square North Tower is 2021-01-01.
How many units are in Park Terraces at Valhalla Town Square North Tower?
Park Terraces at Valhalla Town Square North Tower is planned as a 10-storey condo development.
How do I get platinum or VIP access to Park Terraces at Valhalla Town Square North Tower?
Circle Real Estate provides platinum access to Park Terraces at Valhalla Town Square North Tower, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.