Deveraux Group of Companies and Resident are pleased to announce their partnership on the development of 374-390 Dupont Street, a purpose-built rental project in Toronto’s vibrant Annex neighbourhood. The site is positioned to contribute new rental supply in one of Toronto’s most established and transit-connected neighbourhoods. Few neighbourhoods in Toronto offer the combination of history, connectivity, culture, and everyday livability found in the Annex. Home to some of the city’s most iconic streets, independent businesses, and educational institutions, it has long been one of Toronto’s most sought-after communities. With direct access to transit, employment hubs, parks, restaurants, and the University of Toronto, it continues to attract residents seeking an urban lifestyle in the heart of the city.
This marks the second partnership between Resident and Deveraux, building on a relationship founded on aligned values, complementary expertise, and a long-term approach to creating housing. The partnership brings together two organizations with a shared commitment to delivering high-quality rental housing in growing urban communities.
“Toronto continues to face a significant need for new rental housing, particularly in well-located neighbourhoods where residents can easily access transit, employment, education, and community amenities,” said Pinny Kaufman, CEO of Resident. “We are excited to continue our partnership with Deveraux on a project that will help address that need while contributing positively to the Annex community.”
The building will feature 250 new homes and an active retail and public realm along Dupont Street.
“We are proud to partner again with Resident on a project that reflects our shared commitment to delivering high-quality rental communities” said Denis Jones, President and CEO of Deveraux Group of Companies. “The Annex is an exceptional neighbourhood, and this development is an opportunity to add much-needed rental housingwhere residents can live, work, and connect with ease.”
Further details regarding the development will be shared as planning and approvals progress.