Investor Presentaiton
Dream | Impact Trust
Weston Common
Location
Asset Class
Project Partners
Ownership %
Total Units
Commercial Space
Toronto, Ontario
Residential Rental
Dream, Dream Impact Fund
33.3%
841 (at 100%)
52,000 sf
PURPOSE DRIVEN RETURNS
30
дод
Project Overview
The asset is a unique combination of core and value-add multi-
family apartments located in Toronto's Weston neighbourhood. It
is a two-tower mixed-use apartment complex with a total of 841
suites adjacent to the Weston GO / UP Express station. The first
tower, West 22, is a newly constructed (2019) rental building
with best-in-class finishes and amenities. The second tower, The
Residence at Weston, is a building constructed in 1974 that has
seen $15 million of recent capital improvements prior to
acquisition.
Impact Highlights
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The Trust intends to increase the number of existing
affordable housing units within the building at a 21%
discount to market rent
The Trust intends to hire an off-site Community Animator to
facilitate inclusive community programming such as
student tutoring or employment skills training
The Trust intends to allocate a portion of construction and
operating contracts to local businesses that are owned by
equity-seeking groups
The Trust intends to retrofit building systems to reduce
energy and water usage at The Residence at WestonView entire presentation