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18 Storeys

  • 18-storey, 101-unit multi-residential rental property in the Church-Yonge corridor of Toronto
  • Located 350 metres from Wellesley Subway station and a 15-minute walk from two of Toronto’s three major universities
  • Capital investment program includes:
    • In-Suite Upgrades: new vinyl plank flooring, renovated kitchens and bathrooms
    • New Amenities: fitness centre and outdoor barbecue area
    • Additional Rental Capacity: repurpose underutilized space to create 2 new suites
    • Common Area Improvements: improve “street to suite’ experience with new entryway canopy, exterior landscaping upgrades, lobby renovations and modernizing hallways
    • Energy Efficiency Upgrades: implementation of submetering, electric heat controls and low flow bathroom plumbing
  • Reposition asset to generate significantly stronger rental revenue while maximizing return on incremental capital and asset value

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