TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (“Fengate”) celebrated the official groundbreaking of The Dennis, a new purpose-built rental community located in the Mount Dennis neighbourhood in Toronto, and one of the first approved projects to break ground under the City of Toronto’s Purpose-built Rental Housing Incentives Stream.

The Dennis is a LiUNA Pension Fund of Central and Eastern Canada (LPFCEC) project, built in partnership with Fengate and The Hi-Rise Group. It will deliver more than 448 new units, including 89 affordable homes and six rental replacement units. The Dennis is one of the first projects approved through the City of Toronto’s Purpose-built Rental Housing Incentives Stream, which launched last year to deliver over 7,000 new purpose-built ren

See Full Page