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This development has been canceled.

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The Selby

In November of 2014 we put together an exclusive incentive package, in partnership with Insider Condo Club, that made for one of the year’s best investments. The 49 storey tower coming to Bloor and Sherbourne offered investors a great location, situated just blocks away from both the Yonge and Bloor subway lines.

Though somewhat marred by stigmas surrounding the area, the location makes for an excellent real estate investment. There is a somewhat quiet $1.1 Billion revitalization project about to get underway, with The Selby leading the charge. More than six new towers, rows of townhomes and revamped green space are set to refresh the neighbourhood and bring an injection of money and capital into the community.

Just after we held a private one-day sales event, the developer gave notice that the entire development had drawn interest from multinational investment firms and was subsequently sold to a North American Private Equity Fund in an unprecedented sale.


MOD Developments Inc

Sales Status



592 Sherbourne St, Toronto

Estimate Completion




Priced From

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bKL Architecture (Thomas Kerwin)

Storeys & Units

49 Storeys & 441 Units

Interior Designer

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Building Type


*Dates and Information are subject to change


Rooftop Swimming Pool

Fitness Center

Outdoor Lounge Area

Party Room

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Location Location Location


Steps from both the Yonge and Bloor subway lines. Get anywhere in the city, fast.

$1.1 Billion Revitalization

6 new towers. 2,415 new residential units. $1.1 Billion in improvements to the area.


Lesser, older buildings in immediate proximity are trading at higher prices than The Selby.

Two Year Leaseback

The developer agreed to offer a two year leaseback program which guarantees you a healthy rental rate for two years starting on Occupancy. What does it mean? Cash flow.

One Year Free Maintenance

What’s the only thing better than low maintenance fees? No maintenance fees. Fatten your bottom line and increase cash flow from year one as the developer gives you a cheque for one year’s maintenance fees.

$3.30/PSF Rental Guarantee

Rent your unit for two years at a guaranteed rate of $3.30 per square foot. That’s more than 10% above the current market value. Rental guarantees are a staple element of sound condominium investing.

Developer Information

MOD Developments Inc

Since its founding in 2009, MOD Developments has grown to become one of Toronto’s most innovative development firms specializing in high-density development with a focus on architectural excellence, heritage preservation and city-building. It is our mission to create mindful development in Toronto that pays homage to our city’s rich cultural and architectural heritage while being a key contributor in the progression towards the city of tomorrow.

Tricon Luxury Developments

Tricon is a principal investor and asset manager focused on the residential real estate industry in North America with approximately $5.4 billion (C$7.1 billion) of assets under management. We invest in a portfolio of single-family rental homes, for-sale housing assets and purpose-built rental apartments, and manage third-party capital in connection with our investments.

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"CONNECT, and in particular Ryan, introduced us to the condo market in 2006 and we have since done a number of transactions with them. We have gotten to know and work with him, Matt and their exceptional team (Spring in particular). CONNECT, our exclusive Broker, took the time to understand our investment objectives, enabling us to waste less time "shopping the market".


“I just want to thank you for your solid advice, direction and your personal attention. I am amazed at what you have helped me accomplish in less than a year!”


“The hardest working team in real estate!! CONNECT asset management is the first to know about investments both inside and outside of the city!”


“I found CONNECT asset management through a regular information e-mail and was able to buy an excellent new build property with them. Matt, Ryan and Spring are all very pleasant, helpful and quick to reply. I highly recommend them!”


"I rely on CONNECT's un-matched knowledge of the market and their exceptional honesty, reliability, and customer focus. For example, their response time to questions is usually within the hour. I appreciate the hand-holding that is done by the team at CONNECT to ensure that you are on top of meeting payment schedules on new developments."


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