TransGlobe enters the vibrant Yonge and Eglinton corridor of Toronto 's midtown with the addition of a 36± suite residential building
Toronto , Ontario – August 7, 2007 – TransGlobe proudly announces the acquisition of a residential low-rise located in the vibrant area of Yonge and Eglinton. It offers 36± accommodating rental suites and is steps away from one of the city's liveliest neighborhood.
The property is located at:
· 3 Broadway Avenue
The building itself is equipped with an intercom and security cameras. Its 36± suites are accessible by a single, recently updated elevator and offer bachelor, one, two and three bedroom layouts to accommodate a variety of rental needs. The building's basement houses a laundry room and the rooftop patio boasts a sun deck that allows its residents to take full advantage of the summer season.
“This is an accommodating building that's located in a very attractive area,” comments Daniel Drimmer, TransGlobe's President. “Known simply as ‘Yonge and Eglinton', the area is at the very focal point of midtown Toronto in terms of its geographic location as well as its active social life.” He also adds, “It is definitely exciting to be able to offer our tenants more rental options in yet another one of Toronto 's beautiful and energetic neighborhoods.”
The ground floor of the building houses a handful of vendors; among them is a Tim Horton's coffee shop. It is also close to a number of shopping amenities, parks, schools and recreation centers. For those leading an active social life, the area offers an exciting mixture of some of the city's best restaurants, pubs, lounges and nightclubs. Being within minutes of HWY 401 and the DVP and just steps away from the bus route and the subway, the area is also easily accessible by a variety of means and from many directions.
TransGlobe's approach to property management is based on superior customer service, integrity and the belief that tenant retention begins by improving the tenants' rental experience. As such, TransGlobe plans to determine over the coming months if any building upgrades could enhance the rental experience for the residents of 3 Broadway Avenue .
This would only add value to the number of other benefits available to all of TransGlobe's residents such as the Rental Rewards program, a 24/7 Customer Care Centre and a dedicated maintenance crew that operates seven days per week.
“Over the years, o ur commitment to customer care has won us loyalty among our tenants,” adds Daniel Drimmer. “We will proudly offer the same kind of standards to the residents of 3 Broadway Avenue .”
The deal represents the next step in the company's robust growth strategy and continuous diversification of its residential portfolio. Further expansion in the GTA area is expected.
The company takes ownership and commences management of the property today.
About TransGlobe Property Management : TransGlobe Property Management is the proprietor for multiple industrial, commercial and residential properties across Canada . The locations include a number of major population centers across British Columbia , Alberta , Ontario , New Brunswick , P.E.I. and Nova Scotia
With over a decade of experience, a portfolio that includes over 24,000 apartments and more than 5.2 million square feet of commercial space as well as an unwavering dedication to property management with integrity, TransGlobe is one of the most renowned and fastest growing landlord companies in Canada .
If you would like more information about the above, or to schedule an interview with Daniel Drimmer , TransGlobe's President or Leonard Drimmer , TransGlobe's CEO, please contact Paul Dillon at 905-629-7770 or pdillon@GOtransglobe.com.
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