Fengate Breaks Ground on The Forty-Eight, a New Rental Community in Hamilton

Fengate breaks ground on The Forty-Eight, a new rental community in Hamilton

HAMILTON, Ontario, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Today, Fengate Asset Management ("Fengate") celebrated the official groundbreaking of The Forty-Eight, a new rental community located at 48 Ferguson Avenue South in

Rental construction is at a 50-year high in Toronto and Hamilton area, as more than 27,000 units converted from condos

A new report points to more than 61 projects converting to condos, as developers bank on rents rising when supply tightens.

Toronto, CreateTO breaks ground on new purpose-built rental project

The City of Toronto celebrated the start of construction of a new purpose-built rental project in midtown Toronto. This development, a strategic partnership between the City, CreateTO and Collecdev-Markee, will deliver a total of 494 new rental homes including 148 affordable rental homes. “The City of Toronto is investing more than $8 million dollars and leveraging City owned land to build more affordable homes for Torontonians. We are pleased t…