RENX.ca: Skyline’s Apartment Developments Span Much of Ontario

Skyline was recently featured on RENX.ca for its groundbreaking ceremony on a 267-suite development in Owen Sound, Ontario. The article provides an update on Skyline’s additional real estate development projects under construction in Barrie, Simcoe, Belleville, and Collingwood, Ontario, as well as our future construction plans throughout the province.

Skyline’s apartment developments span much of Ontario

Skyline already manages about 20% of the rental apartment buildings in Owen Sound, Ontario, and that number will increase after the recent groundbreaking for a 267-unit complex at 3195 East Bayshore Road.

Owen Sound is a city of more than 20,000 people in Grey County, located at the mouths of the Pottawatomi and Sydenham rivers on an inlet of Georgian Bay. It has high rental housing demand and currently has just over 2,000 units and a vacancy rate of 1.7%.

“Skyline currently has investments in Owen Sound totalling $98 million and this development represents another $100 million investment,” Greg Jones, the president of Skyline’s development arm, SkyDev, told RENX.

The 38-acre site of a former RCA factory on East Bayshore Road was acquired three years ago from a numbered company for an undisclosed price.

“What drew us to the site was being on the waterfront and having sunset views looking west over the bay,” Jones said. “And there are a lot of mature adults looking for a maintenance-free, turnkey lifestyle in the area.”

Read full article on RENX.ca

About Skyline

Skyline is a capital management company that acquires, develops, and manages real estate properties and renewable infrastructure assets, and offers them as private alternative investment products.

Skyline currently manages more than $9 billion* in assets across its real estate and renewable infrastructure platforms.

With approximately 1,000 employees across Canada, Skyline works to provide safe, clean, and comfortable places for tenants to call home, great places to do business, sustainable solutions for a greener future, and an engaging experience for its investors.

For more information about Skyline, please visit SkylineGroupOfCompanies.ca.

*As at June 30, 2025

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