Harlo Capital and a partner completed the construction of this 494-unit, 350,000 sf condominium project in January 2023. The building sits on a 0.8-acre property located in the heart of downtown Kitchener and is within walking distance to two light rail transit stations. During the land use approvals process, the partnership was able to obtain further density entitlements, which made it the tallest approved building in Kitchener at the time.
We achieved a 31.22% IRR and 2.91x Equity Multiple - January 2023.
Please visit dtkcondos.ca for more information.
Harlo Capital and a partner acquired a 0.57-acre parcel to develop a high-rise condominium project in downtown Kitchener, Ontario. The property is located 500 meters from the region’s planned transit hub where GO Transit regional train and bus services, VIA rail, LRT, and other ground-oriented transit will converge. The 45-storey, 548-unit, 385,000-sf building will be a short walk to Google Headquarters, the Tannery tech incubator, downtown amenities, and Victoria Park
Please visit tektower.ca for more information.
Harlo Capital and a partner currently own 0.6 acres of land at Weber St. and Scott St., a highly desirable urban location in downtown Kitchener. The property has a Walk Score of 97 and is conveniently located steps away from the ION Rapid Transit System, an $868-million public investment that simplifies travel and lowers transit costs for residents in Kitchener. The lack of supply for luxury rental options in Kitchener makes this project an attractive rental building opportunity that directly aligns with the needs of the municipality.
We achieved a 29% IRR and 2.46x Equity Multiple- February 2022.
Please visit www.thescott63.com for more information.