Equiton has acquired land at 1099 Broadview Avenue for its third condominium development project in Toronto. TEN99 Broadview, near the Bloor-Danforth subway line and a short commute from downtown Toronto, is expected to welcome occupants in late 2028.

The mid-rise project is the latest from the Equiton Developments team, which operates out of the firm’s recently opened second office location in Toronto’s financial district.

“TEN99 is exactly the kind of project that we plan to acquire and develop more of in the near future,” says Equiton founder and CEO Jason Roque. “The property’s desirable, transit-oriented location is a stone’s throw away from some of Toronto’s best green spaces. Coupled with the local amenities, it’s ideal urban living.”

Private developers have been identified as key stakeholders in alleviating Canada’s housing shortfall. With this new condo, the Broadview corridor counts more than 2,300 units at various stages of development approval.

Last quarter, Equiton Developments launched registrations for KüL Condominium located at 875 The Queensway, west of downtown Toronto. The mid-rise is one of three Equiton projects in Toronto and expands on existing developments in Ottawa and Guelph.

“Our focus is on well-located, mid-rise developments in the early stages of planning,” said Ryan Donkers, Equiton’s vice president of investments. “With our development team’s experience in major markets like Toronto, we can feel very confident that a selected project will result in bringing new homes online while creating value for investors.”