8 Locust St

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Toronto is the largest city in Canada. It is home to over 2.7 million people and GROWING! It is estimated that Toronto will need an additional 259,000 new homes from now until 2031 to meet the demands of a growing population but it is estimated that the city will only be able to provide 157,800 new homes by then which means that there will be a shortage of over 100,000 homes. This will ultimately drive up demand for existing housing which will lead to increased real estate values and rental rates!

WORLD CLASS CITY
Toronto is widely considered to be a world-class city due to its vibrant economy and high-quality living standards. It is also recognized internationally as the most diverse and multicultural city in the WORLD. The city is also a hub for innovation, boasting the second largest financial center and one of the fastest-growing tech sectors in North America. In addition, Toronto is home to THREE world-renowned universities, including the University of Toronto, Toronto Metropolitan University, and York University, further cementing its status as a center of academic excellence.

CONNECTIVITY & TRANSPORTATION
The city is serviced by Subway transit, Up Express, Streetcars, GO Transit, The Eglinton LRT (Light Rail Transit), Billy Bishop Airport and is only a short commute to Pearson International Airport – Toronto is connected and can take you anywhere you need to be.

LOCATION, LOCATION, LOCATION
Home to a thriving Downtown Core, the Rogers Centre, the Scotiabank Arena, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, world-class Universities, Lake Ontario to the south, thousands of restaurants – Toronto has so much to offer.

REPUTABLE DEVELOPERS
Fengate Real Estate has managed over 75 real estate properties and investments worth over $10.4 billion since 1974. With 20 years of experience in managing institutional/pension plan capital, Fengate’s active portfolio of commercial and residential developments is strategically located in urban and suburban nodes across Ontario, with $8.9 billion currently under development or undergoing stabilization.

Trolleybus is a well-capitalized real estate development firm operating within the Greater Toronto Area and select outside markets. Their track record includes 23 projects, 4,630+ residential units, 3,115,588+ sq ft in high rise development, and 85+ acres in low rise development.

Quick Facts*

Developer: Fengate Properties & Trolleybus Urban Development Inc.
Address: 8 Locust St, Toronto
Nearest Intersection: Eglinton Ave W & Weston Rd
Pricing: TBA
Occupancy: TBA
Storeys/Suites: 35-Storeys / 372 Suites
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: ​TBA
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: TBA