Elysium Investments Expands One of the GTA's Leading Purpose-Built Rental Pipelines with Sixth Transit-Oriented Acquisition at 41
Acquisition expands pipeline to more than 4,250 homes and C$3.24 billion in projected completion value; bolsters one of the GTA 's largest purpose–built rental pipelines
TORONTO, June 19, 2025 /CNW/ - Elysium Investments Inc., a fast–growing real–estate development firm specializing in transit–oriented intensification, today announced the acquisition of 41–47 Talara Drive in North York. The strategic purchase marks Elysium's sixth major acquisition since its 2023 launch, bringing the company's active pipeline to approximately 3.22 million square feet of gross floor area and more than 4,250 purpose–built rental homes.
"This is density with purpose—on transit, by design," said Sayf Hassan, Chief Executive Officer of Elysium Investments.
"We're not chasing rooftops. We're building rooted, resilient communities."
Site Highlights
Address: 41–47 Talara Drive, North York, Ontario
Transit Access: Three–minute walk to Sheppard–Yonge Station (TTC Lines 1 & 4)
Planned Program: High–rise purpose–built rental tower emphasizing design, livability and sustainable mobility
Coming Soon — Yarra: Redefining Purpose–Built Student Accommodation
Explore the platform at yarra.ca
In tandem with its core residential work, Elysium is poised to launch Yarra, a next–generation platform for purpose–built student accommodation (PBSA). Designed around flexibility, community, and professional management, Yarra will deliver thoughtfully priced rental housing tailored to the evolving needs of post–secondary students.
"Yarra will give students more than a bed—it will give them a place to belong," added Hassan.
About Elysium Investments Inc.
Founded in 2023, Elysium Investments Inc. is a privately held real–estate investment and development company focused on creating design–forward, transit–oriented communities across the Greater Toronto Area. The firm was co–founded by Harley Mintz, former Vice–Chair of Deloitte Canada, and Jamie Torpey, a 35-year real estate veteran and founder of VPH, a European retail developer. with extensive development experience in Europe. Under the leadership of CEO Sayf Hassan, Elysium is unlocking under–utilized urban sites and delivering housing solutions that respond to Toronto's pressing affordability and livability challenges.
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