In December 2020, Montcrest Asset Management (formerly known as NYX Capital Corp.) acquired Lakeshore Self-Storage, one of three locations in the GTA that were acquired together as a portfolio in partnership with Bluebird Self Storage.
This facility is a former industrial building in south Mississauga that has been converted to fulfil self-storage purposes. This modern facility consists of 84,068 net rentable square feet and 812 units of climate-controlled units, and 66 parking spaces. Spread across 3.8 acres, this property offers numerous amenities, including a gated entrance with key code access, 24-hour video surveillance cameras, and a moving supplies retail area.
The surrounding area has excellent demographics, with a population of 131,000 within a five-kilometre radius. Mississauga is the sixth largest city in Canada, and the Lakeview Village area continues to experience major growth.