929 Queen Street East

Core Development Group and Woodbourne Capital are developing a 9-storey, mixed-use co-living residential building, comprised of 71,573 SF in gross constructable area containing 70 residential units / 167 beds (30 private suites / 137 co-living beds) and 2,122 SF of retail at grade, located at 929 Queen Street East in Toronto. The project is fully approved and construction ready.

The project is designed as a co-living rental which provides an all-inclusive housing supply at a 20-30% discount (trended rent) to traditional studio rentals. Rents are inclusive of additional services such as WiFi, in-suite cleaning, and all utilities.

The project will provide a low carbon footprint via highly efficient energy systems (geothermal heating and cooling) and construction (low carbon materials, steel vs concrete construction) offering robust Environmental, Social and Governance (“ESG”) credentials.

‍Proven Track Record

Core Development Group has a strong history of managing and executing residential multifamily projects across the Greater Toronto Area, with over $2.3 billion in development.

Prime Location

Situated in the vibrant Leslieville neighborhood, just ~4km east of downtown Toronto, the project benefits from convenient access to essential amenities, transportation, and local attractions.

High Return Potential

With a projected IRR of 31%, this opportunity offers the potential for robust returns and enhances the performance of your investment portfolio.

Sustainable and Inclusive

The development provides affordability through its co-living format and minimizes environmental impact with its efficient energy systems and construction practices. The project will provide a low carbon footprint via highly efficient energy systems (geothermal heating and cooling) and construction (low carbon materials, steel vs concrete construction) offering robust Environmental, Social and Governance (“ESG”) credentials.