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Starlight Investments Acquires Mid-Rise Residential Apartment Building Totaling 27 Units in East York, Ontario

Canadian Residential

Toronto – 22nd June, 2022 – Starlight Investments (“Starlight”) announced today that it has completed the acquisition of a 27-unit low-rise property in East York, Ontario (the Property”).

The Property is a boutique building with 27 units. The building is pet-friendly and comes complete with on-site laundry facilities, storage lockers, elevators, and both underground and surface-level parking. The Property will be professionally managed by Sterling Karamar.

At Starlight, we are always looking to expand our offerings in quality neighbourhoods with strong fundamentals and this property exemplifies this approach. The Leaside community and the entire East York neighbourhood are some of the best that Toronto has to offer, and we couldn’t be more pleased to be able to offer such a high-quality property to potential residents,” stated David Chalmers, Starlight’s President, Canadian Multi-Family.

Located in the heart of the beautiful Leaside neighbourhood, just steps away from large green spaces like Sunnybrook Park and Sherwood Park. East York has made the list of Toronto’s 25 Best Neighborhoods to live in multiple times in recent years and it is easy to see why. High-quality grocery stores like Whole Foods are a short walk away, as are Sunnybrook Hospital, the Ontario Science Centre, and a number of well-known schools for all ages. A neighbourhood perfect for young professionals and families alike, Leaside offers many of the appeals of downtown along with the quiet charms of a suburban community.


About Starlight Investments

Starlight Investments is a privately held Toronto-based, full service, multi-family and commercial real estate investment and asset management company driven by an experienced team of over 360 professionals. The company currently manages over $25.0 billion of direct real estate as well as real estate investment securities. Investment vehicles include institutional joint ventures, True North Commercial REIT, Starlight U.S. Multi-Family Funds, the Northview Fund and Starlight Capital Funds. Starlight Investment’s portfolio consists of approximately 73,000 multi-residential units across Canada and the U.S. and over 9.0 million square feet of commercial properties. Please visit us at www​.starlight​in​vest​.com and connect with us on LinkedIn at www​.linkedin​.com/​c​o​m​p​a​n​y​/​s​t​a​r​l​i​g​h​t​-​i​n​v​e​s​t​m​e​n​t​s​-ltd-

David Chalmers
President
Canadian Multi-Family
+1 – 416-2348444
dchalmers@​starlightinvest.​com

Talia Schwebel
Director
Marketing
+1 – 416-2348444
tschwebel@​starlightinvest.​com