Recent News Page
Minto Apartment REIT announced that it has waived its conditions under a definitive agreement to purchase two urban multi-residential rental buildings, dubbed “The Quarters” in Calgary, Alberta. The two-building multi-residential rental property is comprised of 199 suites and was constructed in 2017 and 2018 respectively. Situated in Quarry Park, a true live, work and play community within a 20-minute drive of the downtown core, the property also neighbours a 50-acre nature reserve and kilometers of pathways and trails.
Minto Communities Canada in partnership with Metropia, is thrilled to announce the closing of the 1000th home at Kingmeadow – a sold-out, award-winning, master planned community in Oshawa. To celebrate this significant milestone, the team welcomed the homebuyer for a toast to thank and congratulate her family on their new home – one of 60,000 homes built in the company’s 62 year history.
Minto Communities Canada is breaking ground at Glen Agar, a new community of 53 luxury, single-family homes in Etobicoke featuring customizable traditional and modern designs. Already 60% sold out, occupancy is expected to begin in spring 2019, with the model home currently under construction and available for viewing in early 2019.
Popular American game show, Wheel of Fortune, is partnering with Minto Communities USA and Margaritaville Holdings to give away a new home valued at $350,000 as a prize for one lucky viewer for the first time ever. Titled the “Home Sweet Home Giveaway”, this program will air nationwide from October 29th to November 2nd, 2018. The home is located at Latitude Margaritaville in Watersound, Florida, an active adult community projected to open in early 2020. Latitude Margaritaville Watersound will be the third of the communities to be developed.
Communities Canada wins 6 awards including: Production home, single detached, 2,000 sq. ft. or less (The Butternut), Production home, single detached, 3,501 sq. ft. or more (The Red Maple), Custom bathroom, 100 sq. ft. or less, contemporary (with Laurysen Kitchens), Custom bathroom, 101 sq. ft. or more, traditional (with Laurysen Kitchens), Mid-rise building, 5-9 storeys (Beechwood), High-rise building, 10 storeys or more (UpperWest)
On Monday, August 13th, 2018, Chief Executive Officer of The Minto Group and Minto Apartment REIT, Michael Waters, was joined by over 20 Minto executives, as well as Executive Chairman Roger Greenberg, to open the market at the Toronto Stock Exchange in downtown Toronto. Minto Apartment REIT is a real estate investment trust that owns and operates a portfolio of 22 high-quality, multi-residential rental properties in Toronto, Ottawa, Calgary and Edmonton. Minto Apartment REIT commenced trading on Toronto Stock Exchange on July 3rd, 2018.
For Martin Tovey, working alongside the team at The Minto Group has been a pleasure. Tovey is the vice president of acquisitions for the Ottawa, Ontario-based company, which started operations in 1955 when four brothers built and sold their first home. Today, The Minto Group continues to build single-family homes, as well as multi residential rentals and condominiums, commercial and retail developments.
Located in the trendy downtown west neighbourhood of Toronto, 39 Niagara is a high-end, mixed-use rental development set to open its doors in July, 2019. Comprised of 501 rental units and 22,000 square feet of amenity space, it is the embodiment of a young, hip lifestyle designed for discerning residents who want to stay connected to friends, their neighbourhood and the activities they hold dear.
Buy or rent. Residents of 39 Niagara, a new enclave being constructed in Toronto’s Downtown West District will have both options. The apartment building, located at Bathurst and Front, will consist of 501 rental units, 54,700 square feet of retail space and more than 25,000 square feet of indoor and outdoor amenities.
Nearly two years after becoming Palm Beach County’s 39th municipality, the city of Westlake, which lies in the heart of Central Palm Beach County, is taking shape. The city is poised to deliver thousands of high-paying temporary and permanent construction, retail, and professional-service jobs to the area.