Boutique mid-rise targets luxury market

|| Nov 10, 2016, Published in The Global and Mail, written by Sydnia Yu

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THE DEVELOPMENT Avenue and Park

BUILDER/DEVELOPER Stafford Homes

SIZE 1,000 to 4,000 square feet

PRICE Starting from $1.5-million

CONTACT To register for the Nov. 17 launch at 1910 Avenue Rd., phone 416-787-4292 or visit avenueandpark.ca

Stafford Homes is targeting downsizing homeowners who are still interested in upscale living with their new luxury boutique building in Lawrence Park.

Family-run Stafford says the seven-storey project will offer 36 large suites with access to a team of support staff and services.

“For people looking to sell their homes and move into a condominium – or maybe downsize or want a livable suite for their family – it’s almost impossible to find a building with larger units,” president Jonathan Goldman says.

“[Units in] this building averages about 2,000 square feet and we went ultrahigh-end luxury and very green, and there are a lot of not only technological advances in the building, but a ton of good-sized amenities.”

“We’ve done little things that make this particular to a particular buyer who wants to have a beautiful, large livable suite in the city, but don’t necessarily want to be down in the high traffic areas,” Mr. Goldman explains.

“That little node is very quiet, but that area of Avenue Road and Lawrence [Avenue] is one of the fastest growing – and thriving – neighbourhoods in the city.”

Page + Steele/IBI Group Architects designed the contemporary mid-rise amid parks, shops, restaurants and upscale grocer, Pusateri’s, which will reopen along with this project’s unveiling on Nov. 17.

“We have a very good relationship with Pusateri’s – and a number of other service providers – so we’ve done a deal so Pusateri’s will do grocery delivery, catering, chef services and flower delivery,” Mr. Goldman states.

Dog walking, grooming, car washing and detailing will also be available, along with laundry and shoe cleaning courtesy of 24/7 provider, Alfred.

Also on the premises will be a wellness and fitness facility with massage and physiotherapy rooms, a business centre, cinema, party space and terrace with its own kitchen.

“We’re able to do almost 8,000 square feet of amenities in this smaller boutique building, but we’re able to keep the maintenance fees low because we’ve done a very efficient building from a green standpoint,” Mr. Goldman adds.

On the floors above, U31 fashioned units will average $1,000 to $1,400 per square foot.

“These will be multiple bedroom suites with gracious living and entertaining spaces, huge walk-in closets, huge master bathrooms with freestanding tubs, big laundry rooms, lots of storage areas, gracious entryways and foyers,” Mr. Goldman notes.

“Materials we used on the outside of the building and the inside are very exquisite, we spared no expense anywhere.”

Ten-foot ceilings and Miele appliances, including wine fridges will be standard, as well as gas outlets for outdoor space up to 3,000 square feet.

“There’s a huge amount of outdoor spaces for units, such as big terracing all across multiple sides of the building, as well as the entire rooftop will be outdoor, usable space for the penthouse units,” Mr. Goldman says.

“The rooftops even come with hot tubs, fire pits and outdoor kitchens as well.”

Units will include monthly fees of 65 cents a square foot and two-car parking in most cases. “We didn’t hold back on parking because we figure everybody in the building will want two or three parking spots,” Mr. Goldman says.

“There are 129 spots in the building for 36 units.”

For more information contact:

RoseWater Group of Companies
Mario Bottero
(905)760-2570
Mario@rosewatergroup.com
www.rosewatergroup.com

RoseWater Capital Group
Trevor Rabie
(905)760-2121
Trevor@rosewatercapital.ca
www.rosewatercapital.ca
 

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RoseWater Capital Group and RoseWater Developments announce new partnership with Stockworth Developments

|| Mar 21, 2015 


RoseWater Capital Group and RoseWater Developments, subsidiaries of The RoseWater Group of Companies, are pleased to announce that they have entered into a partnership with Stockworth Developments on their recently acquired site located on Baldwin Street in the Community of Brooklin, Town of Whitby, Ontario. The site will be a mixed use development consisting of a small retail component and a combination of luxury and stacked towns. RoseWater and Stockworth will co-develop and build the site out.

RoseWater Capital Group worked with its lenders to secure the necessary financing for the project.

"RoseWater has worked with Stockworth in the past so we're familiar with the high degree of competence and the skill level they bring to the table" stated Trevor Rabie of RoseWater Capital.

"This project is something we all got excited about when we first saw it" stated Richard Fava of RoseWater Developments. "We saw this as another important piece of growing our company with high profile, highly sought after locations, and something that we can really be proud to put our name on."

The property is located in the highly desirable Brooklin community, and the Baldwin corridor continues to be a focal point within the community, and this development will add to the overall prestige of this node.

"We've worked hard on this project to get it to this point," stated Robert Carey of Stockworth Homes, adding "this development is very much a jewel in our cap and we look forward to working as a team with the RoseWater Group to get this done."

RoseWater Capital Group and RoseWater Developments are the most recently formed divisions within the RoseWater Group of Companies. The divisions are headed by Trevor Rabie, Marcelo Perez and Richard Fava, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, they have created a unique dynamic that brings their individual strengths to the forefront.

About RoseWater Group of Companies
RoseWater Group of Companies consists of RoseWater Management Group Limited, an industry leader in responsible Land Development, Property Management and Project Management, RoseWater Capital Group Limited, a leader in Financing and Strategic Partnerships, and the newly formed RoseWater Developments Limited, parent company of RoseWater Homes and RoseWater Construction Group, companies that work with public and private partnerships to develop and build out specific projects. Each company focuses on its core discipline and has worked with pension funds, and both public and private entities to acquire, finance, manage and develop real estate assets. Rosewater's seasoned teams have the experience and expertise required to successfully complete every phase of the land development and construction process.

About Stockworth Developments
Robert Carey, and John Lennox are the sole principals of Stockworth and the related entities that operate under the Stockworth banner. Over the years they have been involved in corporations that have developed, constructed and financed approximately 3,500,000 square feet of commercial retail space, and the development and construction and sales of over 2,000 housing units. Their experience also includes the development, construction and sales of over 1,000,000 square feet of industrial space throughout southern Ontario. Robert Carey was the Chief Financial Officer of a public real estate company which he was instrumental in taking public in the 80's. Stockworth was formed by Lennox and Carey in the early nineties and has been active in a variety of development projects across southern Ontario.

For more information contact:

RoseWater Developments
Richard Fava
(905)760-2570
Rfava@rosewaterdevelopments.com
www.rosewaterdevelopments.com

RoseWater Capital Group
Trevor Rabie
(905)760-2121
Trevor@rosewatercapital.ca
www.rosewatercapital.ca
 

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The RoseWater Group of Companies announces its newest division

|| Feb 19, 2016 


The RoseWater Group of Companies, is pleased to announce the launch of its newest division, RoseWater Developments. RoseWater Developments will consist of RoseWater Construction Group, a construction company that will build Industrial and Commercial projects, and RoseWater Residential Group, which will build out residential properties, from single family low rise to mixed use midrise.

RoseWater has joined forces with Richard Fava, a seasoned veteran of the residential construction industry with over 25 years of experience and over 1,500 homes to his credit and winner of multiple industry awards.

"I've known the RoseWater team for some time and was always waiting for the right time to join forces" stated Richard Fava, "and when I saw the opportunities they had in front of them, I knew this was the perfect time to start this division and bring things to a new level."

RoseWater Developments is the most recently formed division within the RoseWater Group of Companies. This division will be headed by Richard Fava.

About RoseWater Developments

RoseWater Developments is involved in the construction of residential, commercial and industrial projects throughout Ontario.
The RoseWater Developments founders are directly involved in over 2,800 residential units, from high rise to low rise and over 2,000,000 square feet of commercial and industrial space

About RoseWater Group of Companies

RoseWater Group of Companies consists of RoseWater Management Group Limited, an industry leader in responsible Land Development, Property Management and Project Management, RoseWater Capital Group Limited, a leader in Financing and Strategic Partnerships, and RoseWater Developments Limited, who works with pension funds and asset managers on specific projects. Each company focuses on its core discipline and has worked with pension funds, and both public and private entities to acquire, finance, manage and develop real estate assets. Rosewater's seasoned teams have the experience and expertise required to successfully complete every phase of the land development process.

For more information contact:

RoseWater Group of Companies

Mario Bottero
(905)760-2570
Mario@rosewatergroup.com
www.rosewatergroup.com 

Marco Lorenti
(905)760-2570
Marco@rosewatergroup.com
www.rosewatergroup.com 

RoseWater Developments
Richard Fava
(905)760-2570
RFava@rosewaterdevelopments.com
www.rosewaterdevelopments.com

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The RoseWater Capital Group has completed the acquisition of 28 River Street Toronto

|| Dec 17, 2015 


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce the acquisition of 28 River Street in the City of Toronto, Ontario. The site will be a mixed use redevelopment consisting of a retail component and midrise residential above.

The property currently is tenanted by the Beer Store and consists of approximately 18,000 square feet of land.  The property is just North of Queen Street in a very vibrant retail and residential market.

RoseWater Capital Group negotiated the acquisition and secured the necessary financing required for the transaction. “We were very lucky to be able to add this prestigious site to our rapidly growing portfolio,” stated Marcelo Perez of RoseWater Capital, “Sites like this don’t become available often.”

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies. This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, have created a unique dynamic that brings their individual strengths to the forefront..

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The RoseWater Management Group has completed the acquisition of 1718 Wilson Avenue, Toronto

|| Dec 17, 2015 


RoseWater Management Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce the acquisition of 1718 Wilson Avenue in the City of Toronto, Ontario. The site is fully leased with two commercial tenants with room for expansion.

RoseWater Management Group negotiated the acquisition and worked with the partners to secure the necessary financing required for the transaction. "This site represented a great opportunity for us to add to our growing portfolio of assets" stated Mario Bottero of RoseWater Management Group.

RoseWater Management Group is a division within the RoseWater Group of Companies.

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The RoseWater Capital Group and Fieldgate Urban complete the acquisition of 1200 Dundas Street West, Toronto

|| Dec 15, 2015 


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce that it has acquired, along with it's partner, Fieldgate Urban, 1200 Dundas Street West in the City of Toronto, Ontario. The site will be a mixed use redevelopment consisting of a retail component and midrise residential above.

The property is at the core of the very popular Dundas West and Ossington neighborhood, an area that continues to grow in resurgence and is home to some of the Cities trendiest restaurants and shops. This neighborhood has clearly established itself as one of the Toronto's best new spots to be.

"This is our third mixed use midrise project with Fieldgate, and they continue to be a great partner" stated Mario Bottero of RoseWater Group.

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies. This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, they have created a unique dynamic that brings their individual strengths to the forefront.

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The RoseWater Capital Group announces new development partnership with Fieldgate Urban

|| Dec 1, 2015 


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce that it has entered into a partnership with Fieldgate Urban on the development of their recently acquired site located in the City of Toronto, Ontario at 572 Church Street. The site will be a mixed use redevelopment consisting of a retail component and midrise residential above.

The property is located in the popular Church-Wellesley village, one of Canada's most vibrant communities. This is a community rich in its diversity and home to the Pride festival as well as the Halloween Street festival, both internationally recognized and attracting people from around the world.

RoseWater Capital Group acquired the property in December 2014.

"Our second mixed use midrise project with Fieldgate will be an exciting project for all of us and we can't wait to get started" said Mario Bottero of RoseWater Group.

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies. This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, they have created a unique dynamic that brings their individual strengths to the forefront.

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The RoseWater Capital Group announces new development partnership with Fieldgate Urban

|| Dec 1, 2015 


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce that it has entered into a partnership with Fieldgate Urban on the development of their recently acquired site located in the City of Toronto, Ontario at 1285 Queen Street East. The site will be a mixed use redevelopment consisting of a retail component and midrise residential above.

The property is located in the heart of the trendy Leslieville neighborhood, an area that continues to be a highly desirable address. When the New York Times talked about Leslieville, it stated it was "emerging as Toronto's hippest place to dine, drink, shop and live."

RoseWater Capital Group acquired the property in December 2014.

"Our relationship with Fieldgate goes back over many years and includes many projects and to have them as a partner in this project, we are thrilled that they came on board to help make this project a reality and something great for Leslieville" stated Marco Lorenti of RoseWater Group.

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies. This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, they have created a unique dynamic that brings their individual strengths to the forefront.

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The RoseWater Group has completed the acquisition of 529 Oakwood Avenue, Toronto

|| Oct 18, 2015 


RoseWater Management Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce the acquisition of 529 Oakwood Avenue in the City of Toronto, Ontario. The site is fully leased with an expansion planned for 2016.  The property has 3 street frontages.

The building is a single tenanted property and is currently zoned commercial with a long term lease in place.  The ultimate plan is to take advantage of a developing vibrant retail and residential market and redevelop the property to its highest and best use.

RoseWater Management Group negotiated the acquisition and worked with the partners to secure the necessary financing required for the transaction.  “We immediately saw the long term potential of this site with the construction of the Crosstown LRT along Eglinton Avenue West and a station at Oakwood, we knew we wanted the site.” stated Marco Lorenti of RoseWater Management Group.

RoseWater Management Group is a division within the RoseWater Group of Companies. 

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The RoseWater Capital Group announces new joint venture partnership with Lifetime Developments

|| Feb 18, 2015 


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce that it has entered into a partnership with Lifetime Developments on the development of their recently acquired site located at 500 Dupont Street in the City of Toronto, Ontario.  The site will be a mixed-use redevelopment consisting of a retail component and midrise residential above.  Lifetime Developments will be the primary developer for this project.

The property is ideally located in the highly desirable Annex neighborhood, and this corridor is undergoing tremendous change with many newly planned buildings.

RoseWater Capital Group negotiated the acquisition of the parcel and worked with Lifetime to secure the financing to complete the transaction.   

“Working with Lifetime Developments to get this property closed was a great experience for us. We see great potential with this site and we look forward to commencing the process immediately with our new partners.” stated Trevor Rabie of RoseWater Capital.

 “When we saw the opportunity we immediately knew we wanted to be a part of it. We have had great success with boutique style properties and with the transformation planned for Dupont Street over the next 10 years we see this as being another great site for this type of development”, stated Brian Brown Vice President at Lifetime Developments, adding “we look forward to working with everyone at RoseWater”.

"To be able to be part of this development and to put our stamp on how this corridor will look for generations to come is a great thing for us" stated Marcelo Perez of RoseWater Capital.

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies. This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, they have created a unique dynamic that brings their individual strengths to the forefront.

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The RoseWater Capital Group announces new development partnership with Stafford Homes and Greybrook Realty Partners

|| Jan 5, 2015 


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce that it has entered into a partnership with Stafford Homes and Greybrook Realty Partners Inc. on the development of 2 recently acquired sites located in the City of Toronto, Ontario.  One of them located at 1580 Avenue Road and the other at 179 Sheppard Avenue East.  The sites will be mixed use redevelopments consisting of a retail component and midrise residential above.  Stafford Developments will be the primary developer for both projects.

Both properties are located in high profile neighborhoods and have main road frontages.

RoseWater Capital Group negotiated the acquisition of the parcels and partnered with Greybrook Realty Partners to secure the financing required to complete the transaction. “Being able to work with Greybrook and Stafford on these sites is a great honor for us.  Both companies have great reputations and great people behind them.” stated Trevor Rabie of RoseWater Capital.

"We look forward to being part of these projects as they go from concept to reality" stated Marcelo Perez of RoseWater Capital.

“The two sites that our newly formed partnership will be developing are very exciting indeed. It’s been a pleasure working with Rosewater through the acquisition phase of this project and we are looking forward to continuing to build upon our relationship going forward”, stated Peter Politis from Greybrook Realty Partners.

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies. This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, have created a unique dynamic that brings their individual strengths to the forefront.

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The RoseWater Capital Group has completed the acquisition of 5 Prime redevelopment sites in Toronto

|| Dec 16, 2014 TBS.jpg


RoseWater Capital Group, a subsidiary of The RoseWater Group of Companies, is pleased to announce the acquisition of 5 Beer Store locations, all located in the City of Toronto, Ontario.  The sites will be mixed use redevelopments consisting of a retail component and either mid or high rise residential above.

The properties range from 12,000 square feet land area to over 31,000 square feet of land area with proposed densities above 100,000 square feet GFA for each site.  Each property has a mixed use zoning and are all strategically located to take advantage of a very vibrant retail and residential market.  The properties are located in high profile neighborhoods and are all on main roads. 

RoseWater Capital Group negotiated the acquisition and secured the necessary financing required for the transaction.  “To have 5 prime sites within the City in one transaction is almost unprecedented and we were thrilled to have had the chance to put this deal together” stated Trevor Rabie of RoseWater Capital, “we immediately saw the potential and knew we were the ones who could get it done.”

"Some of the sites will be residential condos and some will be rental apartments to take advantage of the growing rental market," stated Marcelo Perez, adding "we're just happy to have been given this opportunity and wanted to thank everyone involved in the sale, especially everyone at the Beer Store for all of their hard work."

RoseWater Capital Group is the most recently formed division within the RoseWater Group of Companies.  This division is headed by Trevor Rabie and Marcelo Perez, and working together with Mario Bottero and Marco Lorenti from RoseWater Management Group, have created a unique dynamic that brings their individual strengths to the forefront.

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The RoseWater Group of Companies along with Fortress Real Developments have completed the acquisition of Prime development lands in Whitby

|| Jul 14, 2014 Whitby-Commercial-Park-Aerial-Concept.jpg


RoseWater and Fortress are pleased to announce the closing of their transaction on Thickson Road and Highway 407 in Whitby, Ontario.  The lands will be a mixed use development with commercial and Industrial uses along with office components.

“We’re excited about the opportunity in front of us,” stated Vince Petrozza of Fortress Real Developments, adding “these lands are well situated and will capitalize on the growth planned for the area.  The exposure along Thickson Road with clear sight lines from the 407 make this piece the premier piece for future employment growth.”

The property consists of 117 acres and is designated in the Official Plan of Whitby.  Strategically located at the 407 off ramp at Thickson Road, this site will clearly help shape the future of the town of Brooklin.  Brooklin currently has a population of over 35,000 people, and that population is expected to more than double as the planned growth becomes a reality.

“We’ve put a lot of work into this project and we see the potential for some significant developments that we can all be proud of,” Stated Mario Bottero of RoseWater Management Group, “the timing couldn’t be better as the 407 continues to push forward with an expected opening date of December 2015.”

RoseWater Management Group will oversee the daily operations of the rezoning, property management, development management and leasing/selling processes.  “We’re happy to have teamed up with Fortress, they took a look at the opportunity and came to the same conclusion as we did,” added Mario Bottero, “this is a great site.”

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