New rental building in Hamilton touts eco-friendly and modern features
Published September 27, 2023 at 1:21 pm
Hamilton’s decades-old rental stock just got a refresh as a new 75-unit rental building has opened its doors in the city’s historic Delta district.
The Delta Lofts features modern finishes, geo-thermal heating and cooling, a private rooftop terrace and a deal for unlimited internet, heating and air conditioning, said its Toronto developer Tibro Properties.
Tibro Properties is renting out unfurnished suites in the 50,645 square-foot building at Ottawa and Main streets. The Delta Lofts is near Gage Park, an elementary school, restaurants, specialty shops and barbers.
The south-facing studios and two-bedrooms with views of the Hamilton escarpment are already fully occupied. One-bedrooms are still available. The company didn’t provide the rental costs for the two types of suites that have no vacancies.
The one-bedroom suites have multiple layout options starting at $1,890.
On its website, it highlighted features, such as geo-thermal heating and cooling in every suite, high-end finishes and stainless steel appliances for all the suites.
The Delta Lofts offers private rooftop eating and lounging space, gas barbeques and panoramic views of the Hamilton escarpment.
Each room has in-suite washing and drying appliances. A “monitored” indoor bicycle storage and small car parking are available to all residents. It has ground-level shops in the building.
As well, Tibro said it offers savings with a fixed $100 monthly cost for unlimited internet, heating and air conditioning for all suites. Hydro and water are not included.
It said suites may vary in colour, design, layout and/or finishes.
The Toronto developer Tibro describes itself as a lifestyle company that builds and provides rental suites.
“With a long-term hold strategy and a goal for stable cash flows, we aim to own and manage strong, stable, and proud communities. We strive to have tenants for life,” it wrote on its website.
The company said its mission is to address the national rental housing shortage by filling the “long term demand for new, high quality and well-priced rental housing stock.”
With much of Hamilton rental stock built in the 1960s and 1970s and the influx of immigrants to Canada, Tibro said it aims to offer “the quality of living” renters demand. The current rental apartments lack “modern finishes, technologies, amenity spaces, measures for sustainability and are not designed for the future,” it said.inthehammer's Editorial Standards and Policies advertising