Markington Square Redevelopment Condos

About Markington Square Redevelopment Condos Development

Markington Square Redevelopment Condos is a new condo pre-construction phase by RioCan Living, located at 3201 Eglinton Avenue East, Toronto, ON. Markington Square Redevelopment Condos offers the most comprehensive mixed-use development currently proposed in eastern Toronto. This project’s estimated completion is still unknown.

Project Description & Vision

Markington Square is being transformed from an older shopping plaza—home to retailers like the Beer Store and other commercial tenants—into a contemporary, mixed-use condo community that reflects Toronto’s ambitious city building objectives for intensification along major transit corridors.

The development vision centres on creating outstanding communities where living, shopping, and recreation coexist seamlessly. DiamondCorp’s goal, in partnership with RioCan, is to translate these complicated sites into a vibrant, walkable destination that serves both new residents and the existing neighbourhoods around it.

Project Vision Highlights:

• Three residential towers positioned above a retail podium, with commercial development fronting Eglinton Avenue East
• Ground-floor shops, services, and a modern community centre offering indoor recreation and multi-purpose rooms
• Publicly accessible open spaces, including landscaped courtyards and small park areas integrated throughout the site
• Widened sidewalks and mid-block pedestrian connections linking the development to surrounding streets
• Secure bicycle parking to encourage cycling within Scarborough Village and to nearby trails
• Streetscape improvements along Eglinton Ave E and internal roads to enhance walkability
• Design that supports the nature of transit-oriented development near future rapid transit improvements

The project aligns with the City of Toronto’s planning framework for achieving municipal approvals on sites designated for higher development density along major corridors.

Suites, Floor Plans & Total Units

The residential component of Markington Square Redevelopment delivers approximately 1,057 condos across the three proposed buildings. The unit mix demonstrates a balance between compact investor-friendly layouts and larger suites suitable for families and couples.

Based on current proposals submitted to the city, the breakdown includes approximately 529 one-bedroom units and 528 two-bedroom units. As the project advances through municipal approvals, additional unit types such as studios, three-bedroom layouts, and townhome-style units may be introduced in later phases.

What to Expect in Typical Suites:

• Open-concept layouts are designed to maximize natural light and functional living space
• Floor-to-ceiling windows offering views toward the city, Scarborough Bluffs, and Lake Ontario from higher floors
• Modern kitchens with quartz-style countertops and energy-efficient appliances
• In-suite laundry facilities in most configurations
• Private balconies or terraces for the majority of units
• Contemporary finishes that reflect current GTA market standards

Building Heights, Density & Site Statistics

Markington Square is planned as a mid- to high-rise development with buildings stepping from approximately 9 storeys to 21 storeys. The tallest elements are positioned toward the centre of the site, with lower edges closer to existing low-rise neighbours to manage transition and shadowing impacts.

Site Statistics:

• The FSI of approximately 4.0 indicates a dense but planned community in compliance with city intensification policies
• Taller towers are positioned to minimize shadowing on adjacent properties
• Multi-phase construction allows the project to proceed in stages while maintaining some retail presence
• The integrated approach ensures retail, residential, and community uses are developed cohesively

Parking, Transportation & Connectivity

Transportation planning at Markington Square balances vehicular access with the transit-oriented lifestyle that development stems from its location along Eglinton Avenue East.

Parking Provisions:

• Approximately 1,363 vehicular parking spaces are proposed
• Dedicated resident parking, visitor garage, and short-term retail parking
• Secure bicycle storage areas to support cycling as a viable commute option

Transit Connectivity:

• TTC bus routes operating on Eglinton Ave E and Markham Road
• Direct connections to Scarborough Centre and Kennedy Station
• Future Eglinton East transit improvements will enhance rapid transit access
• Proximity to Kingston Road provides additional bus route options

Driving Access:

• Markham Road and Kingston Road offer straightforward routes to Highway 401
• Easy connections to the broader GTA highway network
• Strategic location between major arterial roads

Pedestrian improvements include crosswalk upgrades, safe access to nearby bus stops, and new internal walkways connecting to surrounding streets. These features support a walkable, integrated community where residents can access daily needs on foot.

Development Team: Diamond Corp & RioCan REIT

The Markington Square Redevelopment is being developed through a partnership between two established players in Canadian real estate: Diamond Corp and RioCan REIT.

Their combined expertise in navigating complicated sites and creating developments of this scale provides a foundation for the project’s execution.

Diamond Corp:

• Toronto-based developer with founding roots dating to approximately 2008
• Extensive experience in large-scale, mixed-use projects across the GTA
• Track record includes tens of thousands of homes and millions of square feet of developed space
• Known for expertise in complex rezonings and master-planned communities
• Committed to collaborating with local councillors and community groups throughout the planning process

RioCan REIT:

• One of Canada’s largest real estate investment trusts
• Historically invested in retail plazas and commercial properties
• Actively repositioning key sites into mixed-use, transit-oriented communities
• Brings strategic retail and site ownership experience to the partnership
• Unparalleled knowledge of retail integration within residential developments

The complementary nature of this partnership—RioCan’s retail expertise combined with Diamond Corp’s residential and planning capabilities—positions Markington Square for successful delivery.

Neighbourhood Profile: Scarborough Village & Surroundings

Markington Square is located within Scarborough Village in eastern Toronto, situated between Markham Road and Kingston Road along Eglinton Ave E, Toronto. This diverse, established community offers a mix of apartment towers, low-rise homes, schools, religious centres, and local businesses.

Natural Attractions:

• Scarborough Bluffs offer dramatic geological formations and hiking trails
• Bluffer’s Park provides beach access, picnic spaces, and a marina
• Lake Ontario shoreline is a short drive or bus ride away
• Rouge National Urban Park lies to the east, offering additional trail systems

Everyday Amenities:

• Grocery stores, pharmacies, and restaurants along Eglinton and Markham Road
• Local shopping plazas provide retail variety within walking distance
• Community services and recreational facilities serve area residents
• Healthcare clinics and Scarborough-area hospitals are within a short drive

Schools and Education:

• Public and Catholic schools serving elementary through secondary levels
• Post-secondary institutions accessible via transit connections
• Daycare and early learning centres in the surrounding area

The neighbourhood’s proximity to natural attractions while maintaining urban convenience makes it appealing to families, professionals, and retirees alike.

Frequently Asked Questions

What is Markington Square Redevelopment Condos by Diamond Corp and RioCan REIT?

It is a pre-construction mixed-use community in Scarborough Village that will transform an older retail plaza into a residential, retail, and community hub.

Where is Markington Square Redevelopment Condos located?

The project is located at 3201–3227 Eglinton Avenue East in the Scarborough Village neighbourhood of Toronto.

How many residential units are planned for Markington Square Redevelopment Condos?

The development is planned to include approximately 1,057 condominium units across three residential buildings.

What types of amenities will Markington Square Redevelopment Condos include?

The project will feature ground-floor retail, a community centre, landscaped open spaces, bicycle parking, and pedestrian-friendly walkways.

How tall are the buildings planned for Markington Square Redevelopment Condos?

The buildings are proposed to range from about 9 storeys to 21 storeys, with taller towers positioned toward the centre of the site.

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