The Heathview

Heathview named Rental Property of the Year

Monday, December 7, 2015

Morguard’s “The Heathview” took top honours for the 2015 Rental Development of the Year as announced by the Federation of Rental-Housing Providers of Ontario (FRPO). The FRPO MAC Awards recognize Ontario’s top landlords and property managers for excellence in the rental housing industry.

The Heathview is a 30-storey, twin-tower, multi-unit residential development located in Forest Hill Village – one of Toronto’s most sought after neighbourhoods. The transit-oriented development (TOD) is within steps of the St. Clair West subway and St. Clair streetcar line.

“The Heathview is a testament to Morguard’s ability to meet market demand for condo-quality rentals through a sustainable, long-term value investment,” said K. Rai Sahi, Chief Executive Officer, Morguard Corporation. “As a LEED Candidate, we are committed to developing projects that use less energy, minimize waste, and provide green spaces.”

The Heathview replaced two end-of-life multi-unit residential buildings with a new Class A LEED-designed project that has revitalized the community. This new development is the first  purpose-built rental in 40 years to be located in this prime neighbourhood, and supports market demand for a luxury rental product in short supply. Equally important, it offers an attractive alternative to condominiums.

 

 

 

 

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