Purchase: Yonge and Elm (Toronto)

On July 16, 2018 RGF Real Estate Fund L.P. finalized the purchase of 348, 350, 352 and 354 Yonge Street, Toronto and secured the air rights above 356 Yonge Street. This constitutes a strategic addition to the previously acquired three-storey “heritage” office building at 8 Elm Street. The current designation is mixed-use in the City of Toronto’s Official Plan and ideally located just north of the Yonge and Dundas intersection.

This site is considered a prime location for a high-rise development.

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