Posted on November 15, 2023
Marlin Spring Developments Announces new Acquisition in Partnership with Claridge

The Baz Group is proud to announce Marlin Spring Development Fund II's acquisition in partnership with Montreal based Claridge, of the property at 4241-4231 Dundas Street West.

Located in a transit-oriented, mixed-use community, the site is located just west of downtown Toronto. It will be improved with the development and construction of a 10-storey condominium building, providing more than 270 homes in a most sought-after Toronto neighbourhood.

Conveniently located with nearby transit options, the site is within a 20-minute walk to Royal York subway station, a 15-minute drive to downtown Toronto and a 15-minute drive to Pearson Airport. Also within walking distance are many amenities including schools and parks, James Gardens, the Humber River Trail system, restaurants, major grocery stores and other local and national retailers.

“The Dundas and the Kingsway node has experienced significant growth and development activity, including the on-going redevelopment of Humbertown Shopping Centre, and there are a number of other developments in the larger community  at various stages of construction,” said Pedro Lopes, CEO, Marlin Spring Developments. “We have a strong presence in the west end of Toronto, with a few other projects currently under construction in the nearby vicinity. This acquisition further strengthens our ability to deliver. We are very pleased and honoured to have the opportunity to continue to provide more housing options and quickly, in this fantastic community.”

“We’re deeply honoured to be partnering with Claridge on this new acquisition,” said Benjamin Bakst, Executive Chairman, Marlin Spring Developments and CEO of the Baz Group. “Marlin Spring Developments continues to follow its focused investment philosophy of acquiring properties which will provide exceptional value to all stakeholders. Through the company’s growing portfolio of high and low-rise developments, we are proud to be providing many thousands of new homes in Toronto and its surrounding areas.”