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Canadian Residential

Starlight Investments Completes the Development of Major New Rental Community in Central Saanich, British Columbia

Saanich – February 11, 2025 – Starlight Investments (“Starlight”), Canada’s leading developer of multi-family residential rental properties, has announced the completion of Bella Vista, a new 235-suite purpose-built rental community in Central Saanich, British Columbia.

As one of Canada’s most active developers of purpose-built rental housing, Starlight is on track to deliver over 28,000 rental suites over the next 10 years, providing thousands of much-needed new homes in communities across Canada.

By leading transformational residential housing projects, like Bella Vista, Starlight is actively increasing the supply of high-quality rental housing for Canadians. This two-block, six-storey community demonstrates the company’s dedication to delivering value to local communities and creating welcoming places for residents to call home.

Bella Vista exemplifies our dedication to making a meaningful impact in the communities we serve,” said Howard Paskowitz, Vice President, Development, Starlight Investments.​“We are committed to creating vibrant living spaces and sustainable communities that individuals and families can live, thrive, and grow in over the long term.”

Bella Vista, situated within Greater Victoria’s Marigold community and near Saanichton Bay Park, features a suite mix of spacious and open-concept studio, one-bedroom, two-bedroom and three-bedroom layouts which integrate modern finishes. With proximity to major highways and public transit, nearby hiking and biking trails, and short drives to the Victoria International Airport and Sidney Ferry Terminal, Bella Vista stands out as a highly livable community. 

The development features an array of premium amenities, including two rooftop patios complete with BBQ facilities, lounging areas with natural gas firepits, and stunning views of Mount Baker, in addition to a state-of-the-art fitness center, social lounge, outdoor courtyard with a fire pit, children’s play area, and dog run. The property includes surface-level and underground parking, electric vehicle charging stations, secure indoor bike storage, and 1Valet service. Bella Vista offers convenient access to numerous local services and retail, including hospitals, a pharmacy, schools, and popular restaurants and cafes, further enhancing livability for residents. 

Bella Vista is professionally managed onsite. By partnering with a robust network of best-in-class professional property management companies, Starlight continues to invest in day-to-day operational needs to deliver exceptional resident satisfaction. 

Learn more about Bella Vista: https://​www​.rentat​bellav​ista​.com/

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 $30B AUM, 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. 

Learn more at www​.starlight​in​vest​.com or connect with us on LinkedIn.

Gwen McGuire

Director, Communications