Centurion Asset Management Inc. and LASH Group Respond to Growing Rental Demand in Etobicoke

Centurion Asset Management Inc. (“Centurion”) with its partner LASH Group is proud to announce the groundbreaking of Radius Etobicoke at 5507 Dundas Street West in Etobicoke. The milestone was celebrated today, April 28, 2026, marking the start of construction on a 22-storey residential development in a well-connected Toronto submarket. 

The project represents a continued investment in high-quality rental housing across the Greater Toronto Area, supporting growing demand in transit-accessible, amenity-rich neighbourhoods. 

“Toronto has a real shortage of good rental housing, and that gap isn’t closing fast enough. More and more people aren’t just renting because they have to – they’re choosing to, and they deserve buildings that reflect that choice,” said Stephen Marshall, Executive Vice President, Property Operations at Centurion. “Etobicoke is a growing, well-connected community and we saw a real opportunity to invest here and work with LASH, at a time when a lot of capital is sitting on the sidelines.” 

Once complete, Radius Etobicoke will feature 259 residential suites, offering a mix of one-, two-, and three-bedroom layouts designed to meet a range of Resident needs. The property will also include approximately 12,600 square feet of retail space at grade, enhancing the convenience and vibrancy of the surrounding community. 

Residents will benefit from a curated amenity offering, including a business centre with private work pods, theatre, sports lounge, fitness centre, and party room, as well as an outdoor terrace with BBQs and a children’s play area. These features are complemented by contemporary interior design throughout the building. The development will also include 178 parking spaces across three levels, serving residential, retail, and visitor use. 

"The traditional dream of homeownership is facing a significant reality check in Canada," said Carl Gomez, Chief Economist & EVP, Research at Centurion. "We're seeing a clear pivot toward renting as a long-term lifestyle choice, where flexibility and mobility are prized over the old 'own vs. rent' debate. This cultural shift suggests Canada may be trending toward a more European model, where long-term renting is the norm rather than the exception. Radius Etobicoke is being built for exactly that renter, someone who isn’t necessarily waiting to buy, but choosing to rent well." 

Centurion holds an 85% ownership interest in the project, reflecting continued conviction in the long-term fundamentals of purpose-built rental housing and sustained demand across the GTA. 

In collaboration with LASH Group, this development will contribute to the delivery of much-needed housing supply in a growing and transit-connected area of Toronto. 

At Centurion, we focus on purpose-built, professionally managed rental housing in markets supported by strong population growth and long-term rental demand. 

About LASH Group 

For the past seven decades, the LASH Group of Companies has been a leader in the development, construction, sales and management of condominium residences, rental and retirement communities, retail, commercial and industrial space. We understand the qualities required to build projects of lasting value: integrity, inspiration, and craftsmanship, backed by a commitment to new thinking in everything we do. Our leadership team is second to none with the experience and vision to surpass your expectations. 

For more information about LASH Group, please visit: lashgroup.ca

About Centurion Asset Management Inc. 

Centurion Asset Management Inc. is a leading asset management company specializing in private alternative investments across real estate and corporate mortgage financing. 

Centurion currently manages $7.8 billion in assets across its multi-residential, student housing, and medical office portfolios. 

With a growing presence in 45 cities across Canada and the U.S., Centurion is committed to providing high-quality rental housing, supporting real estate development, and delivering strong, stable returns for investors. 

For more information about Centurion, please visit centurion.ca

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