LeMine Investment Group
LeMine Investment Group is an emerging development group based in the GTA. They are a collection of companies that work together to invest in premium real estate across the region. Their goal is to improve the city around them by not only improving the value of the buildings they create, but also the living conditions of people who call the GTA home.
This organization was formed under the guidance of Thomas Liu, President and CEO. Thomas was a student at the University of Toronto Scarborough Campus, when he noticed a significant shortage in housing available for students. He had moved to the GTA with his wife to pursue new opportunities, but upon arrival, the housing situation was not what he expected.
Thomas didn't think there was sufficient affordable housing close to the campus. Most of the housing for that demographic was shared and cramped. In his first year he and his wife lived with 11 other students in a small townhome. There wasn’t much personal space, especially for an ambitious student planning to start their own development company. In his second year, Thomas and his wife shared a full-sized house with eight other students, only a marginal improvement. The reality is, students in that area are either left in overcrowded spaces or forced to commute over an hour just to get to school. Many of the houses that surround the campus are rooming houses, poorly-run and notorious for exploiting students and other low-income tenants.
This is why LeMine chose to build The Academy, a residential high-rise providing affordable condominium units for students and professionals in the area. The tower will stand 26 storeys and will contain 339 units. These condos aren’t just meant for students, however, as they're also ideal for staff and faculty members.
The building not only sold out in record time, but snagged the company a People’s Choice accolade at the 2015 BILD Awards. This developer is proving that they can build with the best of them!
As they continue to develop their portfolio, the team has indicated that they want to work across the globe, as well as within Canada, staying true to their philosophy of creating communities where everyone can enjoy the opportunity to work, live and play.
They believe their entrepreneurial spirit can solve any problem that may arise. To do this, they must confront problems and solve them by thinking outside of the box. They believe in maintaining a responsible and accountable business culture, and in bringing international currency to Canada’s strong economy and letting it flourish. They believe in pursuing what you love, because they love what they’re doing and hope for the same for everyone else. They also strive to create trustworthy bonds with their clients and partners so they can ensure their priorities become the company’s priorities. The believe in transparency and synergy. But beyond all of this, they believe that Canada is the best country in the world. This is saying a lot from a board with international representation, but by investing in Toronto’s future as a truly global city, they’re putting their money where their mouth is.
In addition to building affordable condos for students, they’ve also established bursaries for students attending the Scarborough campus. They are planning on committing $1,000 for every one of the units in The Academy. This could amount to $340,000. As this young company grows older, they will look for many more ways to contribute to Toronto's reputation as one of the best cities in the entire world.
Want The Inside Scoop On A Particular Developer’s Projects? Register Here & Find Out
Register Today To Get FREE Access To Platinum VIP Sales Events