The Livmore – GWLRA Actively Incorporates Sustainability Considerations Into Its Real Estate Investments

GWLRA actively incorporates sustainability considerations into its real estate investments, which helps to foster strong and stable long-term returns. There’s no better example of this than The Livmore, a 43-storey purpose-built rental apartment located in downtown Toronto.

The Livmore began leasing in 2018, bringing much-needed rental housing supply to the Toronto market. When designing The Livmore, GWLRA positioned the asset to attract premium rents, in part by offering sustainable features to prospective residents. Targeting LEED Gold certification, The Livmore is a green building, with a Walk Score of 99, over 600 bicycle spots and a 100% smoke-free environment.

In addition, suite sub-metering for electricity, natural gas and water incentivizes conservation, ensuring residents can realize their own energy and water usage and cost savings. It also benefits overall operating income, creating a win-win for the environment and investment returns. Additional sustainable design features and practices include electric vehicle (EV) charging stations, a green roof with a water retention and cistern system, and highly efficient building HVAC systems and common area lighting.