New building will bring hundreds of rental units to Oakville


Published April 18, 2024 at 1:54 pm

A new project that will bring more than 350 rental units to Oakville broke ground recently.

Ovation Rentals will rise six storeys on the southwest corner of Bronte Road and Saw Whet Boulevard.

Scheduled to open late in 2026, the development will have 374 underground parking spots. The units will be available in one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den layouts.

The project is a joint venture between New Horizon Development Group and Krpan Group called Newrise.

“The creation of Newrise brings two unique sets of expertise together, expanding our ability to create lasting communities with a focus on sustainable building technologies in the GTHA,” said John Krpan Sr., CEO of Krpan Group.

Newrise seeks to redefine industry standards, elevating the quality of living opportunities through the partnership’s commitment to lasting craftsmanship and forward-thinking design.

“We’re excited about the opportunity Newrise brings. It is a testament to the power of partnership – our alignment and shared vision accelerates our ability to bring much-needed new home communities to fruition” said Jeff Paikin, president of NHDG.

For more information about the project, or to sign up for the mailing list, visit here.

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