Minto Capital Management Inc. announced plans for a new purpose-built rental building located at 1235 Marlborough in Oakville. The 14-storey building comprised of 144 units and state-of-the-art amenities is situated in a prime location in the College Park neighbourhood at Trafalgar and Upper Middle Road.

“In developing 1235 Marlborough, we’re proud to deliver a premium rental product that is under-supplied in the GTA market,” said Rob Pike, President of Minto Capital, the investment management division of Minto Properties and wholly owned subsidiary of The Minto Group. “This rental building will help fill a niche for rental housing in the Sheridan College area and provides a solid investment opportunity for our investors.”

The pet-friendly building will feature mostly two- and three-bedroom units. It is situated close to public transit, Oakville Place mall, schools and hospitals, making it perfect for young students, young professionals and families alike. Apartments will feature modern kitchens and bathrooms with quartz countertops, six energy-efficient appliances including in-suite washer and dryer, luxury vinyl tile throughout the suite and blinds installed in the living room and bedroom area.

The building will also feature top class amenities, including a fitness room with yoga space, indoor common area lobby equipped with USB ports throughout, an outdoor common area, quiet study rooms, bike racks, underground parking and an onsite resident services office.

The company broke ground on the property on June 4, 2017, and recently celebrated its topping off in January. Construction of the project is currently on target with pre-leasing underway and move-ins expected to begin in August.