REASONS TO BUY
POPULATION GROWTH & ECONOMIC OUTLOOK
Toronto, as the largest city in Canada, currently accommodates over 2.7 million residents and is experiencing continuous growth. Projections suggest that an additional 259,000 new homes will be required from now until 2031 to meet the demands of the expanding population. However, estimates indicate that the city will only be able to provide 157,800 new homes by then, resulting in a shortfall of over 100,000 homes. This anticipated shortage is expected to drive up demand for existing housing, leading to increased real estate values and rental rates.
WORLD-CLASS CITY STATUS
Widely acknowledged as a world-class city, Toronto stands out for its vibrant economy and high-quality living standards. Internationally recognized as the most diverse and multicultural city globally, it serves as a hub for innovation, boasting the second-largest financial center and one of the fastest-growing tech sectors in North America. Additionally, Toronto is home to THREE world-renowned universities – the University of Toronto, Toronto Metropolitan University, and York University – solidifying its status as a center of academic excellence.
CONNECTIVITY & TRANSPORTATION
Toronto's transportation infrastructure includes subway transit, Up Express, streetcars, GO Transit, the Eglinton LRT (Light Rail Transit), Billy Bishop Airport, and a short commute to Pearson International Airport. This comprehensive network ensures that Toronto is well-connected and can seamlessly take residents anywhere they need to be.
PRIME LOCATION
Home to a thriving Downtown Core, iconic venues such as the Rogers Centre and Scotiabank Arena, as well as attractions like the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, world-class universities, and the scenic Lake Ontario to the south, Toronto offers an abundance of amenities and experiences.
TRUSTED DEVELOPERS
Fengate Real Estate, with a history dating back to 1974, has managed over 75 real estate properties and investments totaling over $10.4 billion. Specializing in managing institutional and pension plan capital, Fengate's active portfolio includes strategically located commercial and residential developments in urban and suburban nodes across Ontario, with $8.9 billion currently under development or undergoing stabilization.
Trolleybus, a well-capitalized real estate development firm operating within the Greater Toronto Area and select outside markets, boasts a track record of 23 projects, 4,630+ residential units, 3,115,588+ sq ft in high-rise development, and 85+ acres in low-rise development.
