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Taurus Wealth raises capital for Guelph student residence
11 November 2026 | Investment | Canada | 400 beds | Development
Taurus Wealth has raised further capital for a student residence being developed with Elysium Investments near the University of Guelph.
Key details
Asset type | Development |
Location | Guelph, Canada |
Capacity | 400 beds |
Investor 1 | Taurus Wealth |
Investor 2 | Elysium Investments |
Value | Undisclosed |
Source: Taurus Wealth
The seven‑storey project at 210–222 College Avenue East is expected to open in 2029. Its estimated development budget is C$78 million, with site‑plan approval and construction permits still required.
Strategic context
Taurus previously invested in five Canadian student‑housing projects with Forum Asset Management in 2024, spanning Toronto, Ottawa and Guelph. Its team also helped with the development of 1 Asset Management’s student portfolio in the Baltics and Poland. The Guelph funding plan envisages €6 million from Taurus and its partners within €7.6 million of total equity, including Elysium’s contribution.
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