Marlin Spring is pleased to announce the acquisition of 2189 Lakeshore Boulevard West, located in the Humber Bay Shores neighbourhood in Toronto’s South Etobicoke area. The .67 acre site currently includes an Esso gas bar, car wash facility, and Circle K retail store that contains a Tim Hortons outlet.
Marlin Spring has plans to improve the site by developing and constructing a ~50 storey condominium tower providing approximately 600 much needed homes to this sought after neighbourhood.
Future residents of this project will benefit from an exceptionally unique waterfront location in south Etobicoke. In addition to unobstructed lake views to the south and park views to the north, it has superior access to major commuter routes, public transit, parks and greenspaces and is in close proximity to all the amenities of downtown Toronto.
This development is the first project to be part of Marlin Spring’s recently announced Development Fund. The Fund closed in April 2021 with commitments of over $115 million from a group of prominent investors including its cornerstone investor, Osmington Inc.
We thank the many dedicated individuals involved in this transaction and congratulations and thank you to the entire dedicated and exceptional Marlin Spring Team.
To read the full News Release: https://lnkd.in/efMy6Av9
To read more about the Development Fund: https://lnkd.in/eK2T_rc