Canadian Residential
Toronto – June 19, 2024 – Starlight Investments (“Starlight”), a leading real estate investment and asset management firm, is pleased to announce the acquisition of a 23-suite rental residence in the Lawrence Manor neighbourhood of Toronto, Ontario.
The residence, situated near Lawrence Avenue West and Bathurst Street, is in an excellent location that offers convenient access to numerous local amenities. Schools, restaurants, grocery stores and a variety of retail shops are short distances away. The residence is also in close proximity to major highways and public transit including the Lawrence West subway station, providing residents with a smooth commute to downtown Toronto and other parts of the Greater Toronto Area.
“This property’s attractive location and suite offering make it a valuable addition to our Canadian multi-family portfolio”, said Neil Fischler, Executive Vice President, Asset Management, Canadian Residential at Starlight Investments. “This acquisition is aligned with Starlight’s dedication to providing and investing in quality rental homes for individuals and families across the region.”
About the Residence
The residence is a six-storey mid-rise rental community that comprises a total of 23 suites. It presents a range of spacious one-bedroom, two-bedroom and three-bedroom layouts with in-suite laundry and modern stainless steel kitchen appliances. The residence is pet-friendly and features surface-level parking for residents, storage lockers and amenities such as a party room and a fitness centre. The community is professionally managed by Signet Group.
About Starlight Investments
Starlight Investments is a leading global real estate investment and asset management firm with CAD $28B AUM. A privately held owner, developer and asset manager of over 68,000 multi-residential suites and over 7 million square feet of commercial property space, we offer a range of investment vehicles across various real estate strategies. Starlight’s guiding mission is to balance our tenure with visionary curiosity to create positive impact for investors and communities alike. At Starlight, we invest with impact.
Learn more at www.starlightinvest.com or connect with us on LinkedIn.