For many Torontonians, renting an apartment instead of purchasing is more than a financial decision. It gives them greater flexibility with where they live, access to amenities and there’s much less stress when it comes to maintenance and repairs. But finding rental-only developments within the city that are contemporary in style, environmentally friendly and encompass a variety of safety features can be rather challenging.
That was until 41 River, a new pet-friendly rental building found in the Regent Park neighbourhood, was constructed by Percy Ellis. The Toronto-based company exclusively develops, builds and manages purpose-built rentals, putting tenants’ needs at the forefront of its operations. Percy Ellis’s success in the development sector can be attributed to its tenant-first mentality and drive to create buildings that push the boundaries of design and function.
The building is close to Toronto’s downtown core, which makes it suitable for young professionals, couples and families eager to immerse themselves in all that the city has to offer.
Tenants can take advantage of its electric rideshare options, incorporated SmartOne technology, workstations with free Wi-Fi and close proximity to grocery stores, cafes and restaurants and more.
In addition to being one of the city’s most sustainable rental-only buildings, there are several other reasons why 41 River should be your next home.
The Regent Park neighbourhood is best known for its sense of community, large green spaces and independently owned cafes where locals can grab their morning cup of coffee. Those living in 41 River can easily commute to downtown Toronto in less than 10 minutes by car or 30 minutes by foot.
“My favourite feature of 41 River is the location and walkability of the area,” says James Burton, Co-Owner of Percy Ellis. “You can walk to the Distillery District, parks, Queen Street, King Street or the nearby 24-hour grocery store, Rabba. There are tons of trendy coffee shops in the area like Sumach Espresso. Plus, there’s a community centre with a gym and indoor running track that’s perfect for people who like to stay active during the colder months.”
41 River is also close to a medical centre, pharmacy, brewery, kayak and canoe launching areas and multiple banks. On Friday nights, residents can visit the family-owned Italian restaurants Fusilli or il Ponte for a glass of wine and margherita pizza.
The building’s unique amenities
The building invites tenants to utilize its sustainable rideshare options, including e-bikes, e-scooters and an electric Tesla. SmartOne technology is also built into every apartment, allowing tenants to control the temperature and manage the security features of their unit remotely via smartphone.
“The amenity room located on the 5th floor is a huge perk of living in the building,” says Katie Schimke, associate development manager at Percy Ellis. “It’s equipped with free Wi-Fi and workstations overlooking downtown, which is convenient for people who choose to work from home. The amenity room will also provide tenants with a space to watch television, play games and even host parties or gatherings.”
Environmentally conscious design
The use of a sustainable energy source to power the building sets 41 River apart from many other developments found in Toronto.
“It’s entirely geothermal and doesn’t have a gas hookup,” says Schimke. “Along with being environmentally friendly, using geothermal energy will result in reduced utility costs for our tenants.”
Dedicated property management team
When asked if he would recommend renting with Percy Ellis to others, current tenant Marco Lima responded, “Without a doubt in my mind. They don’t just strive for ordinary but instead, they strive for extraordinary through their development projects and willingness to go above and beyond for their tenants.”
An involved and organized property management team can make living in a rental-only building stress-free and pleasurable – their job is to keep tenants happy while maintaining the units and public areas.
“When it comes to design and appearance, Percy Ellis developments break traditional Toronto expectations,” says Lima. “But the true beauty lies within their attentive team. Their willingness to be transparent and accessible is what sets the bar high, allowing you to appreciate the space that you’re living in.”