Investor Presentaiton
Dream | Impact Trust
Canary Indigenous Hub
PURPOSE DRIVEN RETURNS
27
Address
Asset Class
Project Partners
Ownership %
Total Residential GFA³
ΕΠΕΝ
425 Cherry St, Toronto, ON
Residential Rental
Kilmer Group, Tricon Capital
25%
326,000 sf
Total Commercial GFA³
26,000 sf
Occupancy Date
2024
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Project Overview
The Indigenous Hub and Canary House are being developed in
partnership with Anishinábe Health Toronto and are comprised
of a 206-unit condominium building (Canary House) and
26,000 sf of retail, along with a 237-unit residential rental
building, community health centre and a mixed-use
commercial building that includes a training, education and
employment centre, a city daycare and commercial space
(the Indigenous Hub). Construction commenced in May 2021
with initial occupancies in 2024.
Impact Highlights
Expected to reduce energy consumption by 31%
compared to NECB 20151
Expected to reduce GHG emissions by 38% compared to
NECB 20151
Increased access will reduce illness diagnosis times,
increase continuity of care, improve the overall
effectiveness of health services within these communities²
Fully funded education, health and childcare center to
support the local Indigenous community
Note 1 - National Energy Code of Canada for Buildings
Note 2 - National Collaborating Centre for Indigenous Health, 2019
Note 3 - Across the rental, condo and retail components; the Trust is invested in the project's rental componentView entire presentation