Starlight Investments Completes Acquisition of Premium Newly Built 139-Suite Rental Residence in Guelph, Ontario
Toronto – February 7, 2025 – Starlight Investments (“Starlight”), a leading global real estate investment and asset management firm, has announced the acquisition of a brand new 139-suite rental residence in the City of Guelph, Ontario. This strategic acquisition adds to Starlight’s growing Canadian residential portfolio and strengthens the company’s position as a leader in Canadian real estate.
Situated in a scenic location near Watson Parkway North and Eastview Road, this rental community was completed in 2025. The residence offers convenient access to numerous local services and amenities including a hospital, schools, restaurants, grocery stores, and a variety of shopping centres – while Rockwood Falls is a short drive away. The residence is also a 10-minute drive from downtown Guelph and is near public transportation including the Guelph Central GO Station.
“We are pleased to further strengthen Starlight’s presence in the vibrant and picturesque City of Guelph,” said Neil Fischler, Executive Vice President, Asset Management, Canadian Residential at Starlight Investments. “The addition of this exceptional residence to our growing portfolio underscores our commitment to investing in contemporary and sustainable communities that enhance the living experiences of our residents.”
About the Residence
The community is a 10-storey rental residence that comprises a total of 139 suites and offers a range of spacious one-bedroom, two-bedroom and three-bedroom layouts, with a portion designated as overnight guest suites. The suites feature high-quality, modern finishes including vinyl plank flooring, in-suite laundry, large pantries, stainless-steel kitchen appliances, LED lighting, smart thermostats and private balconies. The residence features extensive surface-level and underground parking, electric vehicle charging stations and bike storage for residents. Best-in-class amenities include a social and games room, workstations, a fitness centre, and exterior leisure spaces. The property will be professionally managed onsite by Greenwin Corp.
About Starlight Investments
Starlight Investments is a leading global real estate investment and asset management firm headquartered in Toronto, Ontario, Canada. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space with CAD $30BAUM, Starlight offers a range of investment vehicles across various real estate strategies. Starlight’s guiding mission is to balance its tenure with visionary curiosity to create positive impact for investors and communities alike. At Starlight, we invest with impact.