Retreat

LCH Developments is developing Retreat, an 11-storey, 320-unit purpose-built rental building in Scarborough. The development is designed to create a space featuring over 11,000 SF of amenity space, including a meditation room, red light therapy room, spa, and co-working spaces, intended to enhance the residential experience. The project benefits from full zoning permissions, advanced Site Plan Approval, and has begun Building Permit Drawings, with construction slated to begin as early as Summer 2026. This presents an opportunity to partner in a development that combines strategic planning with favorable project conditions.

Strategic Investment Opportunity

The project offers limited partners to participate in a purpose-built rental building in the GTA, a strong market with significant upside for long-term growth and returns. The new units being offered to investors have exceptional equity security ranking higher than all existing capital injected to date while and offering a high preferred return.

Strong Development Pipeline

LCH Developments has a robust pipeline with over 1,200 residential units, representing over $1 Billion in developments, demonstrating the company's capacity to execute large-scale projects and deliver value to investors.

In-House Construction Management

LCH Developments' sister company, Elevate Construction Management, will manage construction, ensuring streamlined processes, quality control, and potential cost efficiencies that benefit the investment.

Potential for Attractive Returns

Investors are expecting to receive a development IRR of 33% IRR per year. Following the stabilisation of the rental asset, there may be a continued holding IRR of 17% per year, enhancing the financial appeal of this opportunity.

Favourable Project Conditions

The project will benefit from low subsurface water levels, strong soils, grandfathered development charges, and as a new development, the project is exempt from Ontario's rent control regulations enabling sustained rent growth post-stabilisation and increasing its attractiveness to institutional buyers.

The Retreat development focuses on the construction and leasing of an 11-story, 320-unit purpose-built rental building in Scarborough. This offering allows investors and partners to participate in a project with full zoning permissions, advanced site plan approval, and significant amenity space designed to cater to modern lifestyles and attract quality tenants. LCH Developments, in collaboration with Elevate Construction Management, is dedicated to delivering a high-quality residential building, ensuring a valuable asset for investors, with a focus on sustainability and community integration. The project is targeting construction completion by June 2028, with project stabilisation by March 2029+.