RioCan Living

RioCan Living, a prominent name in Canada's real estate landscape, is expanding its expertise into the residential condominium market. As the largest and most trusted Real Estate Investment Trust in Canada since 1993, RioCan has built a reputation on managing a vast portfolio of shopping centres and supermarkets, primarily in Ontario and Alberta. Now, under the leadership of founder and CEO Edward Sonshine, the company is venturing into Toronto's thriving condo market with a series of mixed-use developments.

With a focus on community-centric spaces, RioCan Living aims to create environmentally-friendly properties in accessible locations. Their commitment to quality and tenant satisfaction is evident in their motto, 'Real Vision, Solid Ground.' As they embark on building 10,000 new residential units over the next decade, RioCan Living is poised to make a significant impact on Toronto's housing market, offering buyers and investors a trusted brand with a proven track record.

RioCan Living's Vision & Approach

RioCan Living's transition into residential development is driven by a vision to address the growing demand for rental properties in Toronto. With buyers increasingly priced out of the housing market, the company is strategically positioning itself to provide high-quality, accessible housing solutions. Their approach is rooted in creating well-balanced communities, where both residential and retail tenants can thrive.

The company's properties are designed with sustainability and community in mind, ensuring that each development meets the evolving needs of the market. By partnering with leading condo developers across the GTA, RioCan Living is leveraging its expertise to deliver projects that not only meet but exceed expectations, offering units with the highest standards of quality and design.

Previous & Current Projects

While RioCan Living is relatively new to the residential market, its partnership with Tribute Communities on the Queen & Portland Loft & Condominium Residences marked a successful foray into condo development. Completed in 2011, this chic boutique mid-rise condominium in Toronto's Queen West neighbourhood showcases the company's ability to create modern, community-focused spaces.

Currently, RioCan Living has several pre-construction projects underway, each reflecting the company's commitment to quality and innovation. Notable developments include:

- **11 YV Condos**: Located at 11 Yorkville Ave, Toronto, with prices starting from the low $1,200,000's and occupancy in 2024. Developed in partnership with Capital Developments and Metropia.

- **ABOVE Condos**: Situated at 30 Bristol Rd E, Mississauga, with prices from the mid $600,000's and occupancy in 2027. A collaboration with Marlin Spring Developments.

- **Queen & Ashbridge**: At 1555 Queen St E, Toronto, offering prices from the low $800,000's and occupancy in 2025. Developed with Context.

Additionally, several projects are coming soon, including developments at 83 Bloor Street West, 660 Eglinton Avenue E, and 3140 Dufferin St, among others, all promising to deliver RioCan Living's signature blend of quality and community.

Why Choose RioCan Living?

Choosing a RioCan Living property means investing in a brand synonymous with trust, quality, and community. With a portfolio that spans both commercial and residential sectors, RioCan Living brings a unique perspective to condo development, focusing on creating spaces that enhance the lives of residents and the surrounding neighbourhoods.

For buyers and investors, RioCan Living offers the assurance of a well-established company with a proven track record. Their commitment to environmentally-friendly properties and accessible locations ensures that each development is not just a home, but a valuable addition to the community. As Toronto's housing market continues to evolve, RioCan Living is positioned as a leader in providing innovative, high-quality residential solutions.

Resale Opportunities

For those interested in resale properties, RioCan Living's Kingly Condos at 620 King Street W, Toronto, offers a prime opportunity. Developed in partnership with Allied Properties, this project, completed in 2019, exemplifies RioCan Living's dedication to creating desirable, modern living spaces. Prospective buyers are encouraged to inquire about pricing and availability for this sought-after development.