Construction at 41 River Street is moving along as the entirely geothermally-heated and cooled development by Percy Ellis nears its end-of-November completion date. Located between Toronto's Regent Park neighbourhood and the lower Don Valley, the Studio JCI-designed five-storey, environmentally conscious building has been under construction since 2019, and will boast a total of 29 units, ranging from one to three bedroom layouts.
41 River is a purpose-built rental building, with property management handled in-house by Percy Ellis. The development is an effort to help create much needed "missing middle" housing in Toronto, a term used to describe a range of multi-unit housing that is compatible in scale with single-family homes, which help meet the growing demand for walkable, urban living. Ideally for young professionals and families who are not yet ready to purchase their own homes, 41 River is conveniently located with direct access to downtown by transit, and is within walking distance of many convenient local amenities. The building will also boast its own in-house amenities for residents too, including a general purpose lounge room, a rooftop terrace space that features views of the downtown core, and more.
Several measures have been taken to maximize environmental friendliness. Each unit's utilities will be separately metered for the amount of electricity, gas, and water consumed to encourage energy conservation, while keeping monthly costs low for tenants. Geothermal energy is also being used throughout the building—harnessing the heat energy just feet below the ground, and converting it into warm air through the use of geothermal heat pumps—and resulting in big savings on energy costs.
We'll be back with more about 41 River soon, but in the meantime, additional information and more images can be found in our Database file for the project, linked below. Want to get involved in the discussion? Check out the associated Forum thread, or leave a comment below.
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