Location
Church-Yonge
Units
101
Height
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