Campus Common Student Residence

Residential

Campus Common Student Residence

Project Type

Residential

Location

50 Gerrard Street East, Toronto, ON, Canada

Status

Overview

Unique Challenges

Key Features / Outcomes

Overview

Campus Common, developed, owned, and operated by Horizon Legacy, is a trailblazing project in Toronto’s student housing market. As one of the city's first purpose built privately-owned student residences, it meets the increasing demand for student accommodation for Toronto’s vibrant university scene.

Unique Challenges

Securing financing was challenging due to the novel concept of purpose built private student housing. Nonetheless, Horizon Legacy's superb operational track record, combined with solid financial strategy and visionary approach persuaded lenders.

Key Features

A Prime Location in downtown Toronto: Steps from Toronto Metropolitan University, OCAD University, George Brown College, and the University of Toronto.
Meeting a Need: Student housing is in significant demand in Canada, and in particular, Toronto.
Met a strong demand for housing that wasn’t able to be filled by local university dorms.

Amenities

Fully-furnished units, study and social spaces, fitness center, yoga/dance studio, arts and crafts studio, game rooms, on-site security, professional management, bike storage, card-operated laundry, roommate matching services.

Our Impact

Horizon Legacy is revolutionizing the construction industry with the first and largest neighborhood in Canada built using onsite robotics.

Cost Efficiency

Our approach delivers an average cost of under $300K per unit (costs exclude land, servicing, softcosts) showcasing that robots can be integrated affordably while meeting and exceeding the Ontario Building Code.

With 26 rental units, including 30% affordable, we surpass industry standards.

Our project achieves a 20% reduction in energy intensity and greenhouse gas emissions, and our all-electric buildings ensure zero greenhouse gas energy consumption.

By creating wall assemblies with R-30 thermal performance and consolidating three trades into one, we effectively address the labor shortage, demonstrating the transformative potential of robotics in construction.

Horizon has generated over 14 million kilowatthour (KWH) of clean energy

We have created over 7 million square feet of Toronto’s major developments

“Horizon has built and financed major buildings for ourselves as the long-term owners, wherein, we have then had to live with the operational ramifications of design, construction and financial decisions made at the development stage for the over 20 years life of a building. This is a perspective very distinct from that of the traditional contractor or lender.”