A brand new high-rise rental tower is coming to Toronto

38-Storey Rental Tower Proposed West of Finch Station

Steps from Finch Station in the Newtonbrook West area of North York and within its Major Transit Station Area where the Province encourages high density development, a 38-storey purpose-built rental tower is being proposed at 41 through 47 Hendon Avenue. Designed by Arcadis for Capital Developments and Kilmer Group (operating as 41H Development Limited Partnership), the proposal would add purpose-built rental units within walking distance of the…

A brand new high-rise rental tower is coming to Toronto

Over 4,000 rental homes are coming to a major core region in Toronto. A report today by Elysium Investments Inc. revealed that the 41 to 47  Talara Drive region in North York has been acquired and is slated for a major real estate development. The project aims to construct 4,250 purpose–built rental properties across 3.22 million square feet of land. “We’re not chasing rooftops. We’re building rooted, resilient communities,” said Sayf Hassan, CE…