ROSE CORPORATION MEETS LOCAL HOUSING DEMAND with a new purpose-built rental housing project

ROSE CORPORATION MEETS LOCAL HOUSING DEMAND with a new purpose-built rental housing project

Bakerfield II in Uptown Newmarket welcomes its residents

NEWMARKET, ON, December 3, 2024 /CNW/ – The Rose Corporation, a leading real estate development and management company, today announced the completion of its newest rental project; The Bakerfield II. This building is the fourth phase of his successful 834-unit residential complex Newmarket. The Bakerfield II (www.thebakerfield.com) supports Rose Corporation's mission to provide a higher level of rental housing to the area with an emphasis on quality, community, service and sustainability.

“The opening of The Bakerfield II is a milestone for The Rose Corporation and marks the completion of this groundbreaking residential community,” it said Daniel BerholzPresident of Rose Corporation. “Newmarketlike other communities and urban centers everywhere Ontariois facing a very real housing crisis characterized by a shortage of rental housing. We believe our ability to deliver new, purpose-built rental projects that offer an upscale living experience will fill a gap in the local market.”

The 10-story building at 200 Deerfield Road in Uptown Newmarket offers 175 suites in a variety of floor plans (from 1 bedroom to 3 bedrooms plus study). Suites feature floor-to-ceiling windows, open concept living, modern kitchens, quartz countertops, private laundry facilities, stainless steel appliances, ample storage and outdoor living space. With the latest smart home technology, residents can enjoy high-speed internet and keyless access to the Salto Suite.

Residents of The Bakerfield I and The Bakerfield II each enjoy complimentary access to all amenities, providing an unrivaled selection for the area. Bakerfield II expands the already excellent selection of amenities to include a golf simulator, co-working areas and additional lounge and fitness area, including an expansive outdoor terrace with grills, dining area, gardens and lounge seating. Other amenities include a yoga studio, a shared lounge, a screening room, a game room, an indoor children's play area, an outdoor children's playground (public), a pet spa, a car wash, automatic package lockers, electric vehicle charging stations and a lobby lounge on site Chimney.

Bakerfield II is Rose Corporation's third purpose-built rental building since 2015 in the 6.8-acre master-planned community, which includes a 15-story residential tower that was also completed earlier this year.

The Bakerfield community is centrally located near boutiques, restaurants, galleries and local services Newmarkets Main Street. Convenient transportation options are easily accessible to residents, including the VIVA Rapidway route, Newmarket GO station, Highways 404 and 400, and biking and walking trails.

About Rose Corporation

Rose Corporation is a real estate development and asset management organization with a four-decade track record of successful real estate investments. Since 2014, The Rose Corporation has focused on the development and construction of functional rental apartments and low-rise single-family homes in the greater Golden Horseshoe area. As part of this mandate, Rose has recently completed or is in active development over 10,000 new homes and properties with completion values ​​in excess of 10,000 $6.0 billion. Rose Corporation is committed to building community for our valued customers while generating high returns for our partners.

SOURCE The Rose Corporation

For media inquiries please contact Jacob Katz ([email protected]).

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