Toronto, the largest city in Canada, currently boasts a population of over 2.7 million, and this number is on the rise! Projections indicate that by 2031, an additional 259,000 new homes will be needed to accommodate the expanding population. However, the city is expected to provide only 157,800 new homes by then, resulting in a shortfall of over 100,000 homes. This anticipated housing shortage is likely to drive up demand for existing properties, leading to increased real estate values and rental rates.
Toronto is widely acknowledged as a world-class city, attributed to its dynamic economy and exceptional living standards. Internationally recognized as the most diverse and multicultural city globally, Toronto serves as a hub for innovation, hosting the second-largest financial center and one of the fastest-growing tech sectors in North America. Moreover, the city is home to three prestigious universities, including the University of Toronto, Toronto Metropolitan University, and York University, solidifying its reputation as a center of academic excellence.
With a comprehensive transportation network, Toronto ensures easy accessibility through subway transit, Up Express, streetcars, GO Transit, the Eglinton LRT (Light Rail Transit), and Billy Bishop Airport. Furthermore, it offers a quick commute to Pearson International Airport, making Toronto well-connected and convenient for travel.
Nestled in a vibrant Downtown Core, Toronto features iconic landmarks such as the Rogers Centre, Scotiabank Arena, the CNE, Budweiser Stage at Ontario Place, BMO Field, Billy Bishop Airport, CF Toronto Eaton Centre, and world-class universities. With Lake Ontario to the south and a plethora of restaurants, Toronto's location is unparalleled in its offerings.
Gairloch, a versatile real estate organization, specializes in acquiring, developing, and constructing urban infill projects in prime neighborhoods. Harlo Capital, backed by over 40 years of real estate expertise, brings a wealth of experience in land acquisition, development management, project financing, and institutional real estate asset management to the table.
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