BST Acquires 487 Multi-Residential Units in Toronto

BST Acquires 487 Multi-Residential Units in Toronto
News| July 27, 2026| Monte Stewart
Canada + Apartment Buildings

BST has purchased 487 multi-family units across three apartment towers in Toronto, the company announced Tuesday.

The acquisitions of the rental suites expand BST’s growing multi-residential portfolio in Ontario. Financial terms were not disclosed.

The Toronto-based real estate investment, development and asset management firm said the properties are located in established, transit-oriented neighbourhoods with access to subway stations, major transit routes and transportation corridors. The buildings are also close to retail amenities, schools, universities, healthcare facilities and major employment centres, supporting long-term demand for rental housing.

The acquisition was backed by institutional investment partners and aligns with BST Canada’s strategy of pursuing multi-residential investments through disciplined underwriting and a long-term ownership approach, according to the company.

“Backed by leading institutional investment partners, BST Canada continues to pursue attractive multifamily investment opportunities through a disciplined investment approach, rigorous underwriting, and a long-term ownership philosophy,” said the company.

BST said its integrated platform manages acquisitions, investment analysis, due diligence, construction oversight and asset management, enabling it to complete transactions efficiently while providing vendors with certainty of execution.

The company said it is actively seeking to acquire institutional-quality multi-residential properties with more than 100 units, as well as larger portfolio acquisitions across Ontario. Its primary investment targets are assets in the Greater Toronto Area, Ottawa and other major urban centres.

Other News

JLL Arranges Financing for Lightstone Acquisition on Upper West Side

New York & Tri-State + Apartment Buildings

JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...

Learn more

National City Investment Group Commences Workforce Housing Build

California & West + Apartment Buildings

The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...

Learn more

Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets

California & West + Apartment Buildings

 Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up