RGF Real Estate Fund L.P. announces the acquisition of a three-storey “heritage” office building at 8 Elm Street in Toronto. It is designated as a mixed-use area in the City of Toronto’s Official Plan and ideally located just north of the Yonge and Dundas intersection.

This site is a prime location for a high-rise condominium either with or without the incorporation of the adjacent properties.

This project has been purchased in partnership with Muzzo Group, one of Canada’s most diversified developers and builders.

The current proposal has an 80-storey residential tower sitting atop the retained three-storey facade of the designated heritage building currently occupying the site.