| Queenston Manor (77 rental suites) | ||||||
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382 Queenston Street St. Catharines, Ontario It all started with a phone call from a First Leaside partner who was also invested in an underperforming property alongside a few hundred retired school teachers, Ontario Teachers Retirement Village Inc. (Kitchener). This partner asked First Leaside's Managing Partner, David Phillips, to assess the property and the potential for First Leaside to resuscitate it. That was in 1999. Today, Queenston Manor is a profitable asset that provides a warm environment in a tranquil ravine-backed setting where residents, primarily retirees, take great pride of ownership. Queenston Manor is located in "Canada's Garden City" -- St. Catharines, Ontario -- in the heart of the Niagara wine region which is among the fastest-growing regions in Canada. The town is filled with tree-lined streets and well preserved Victorian neighbourhoods. Niagara Falls, the Shaw Festival and other attractions draw millions of tourists to the area each year. The region, however, is no longer strictly dependent upon tourism and agriculture, as its close proximity to the Canada/U.S. border and Southern Ontario markets are making it a desirable destination for corporate relocations. Built in 1983, Queenston Manor is a 5-storey apartment complex with 77 rental suites. Facilities include: exercise and game rooms, furnished patio with BBQ's, a meeting room with full kitchen facilities, saunas, a whirlpool, library and resident parking.
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