XML 41 R26.htm IDEA: XBRL DOCUMENT v3.24.1
Investments in Unconsolidated Real Estate Ventures (Tables)
12 Months Ended
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Investments in Unconsolidated Real Estate Ventures

The Company's investments in unconsolidated real estate ventures is summarized as follows:

 

 

 

 

 

 

 

 

 

 

Carrying Value of
Investment

 

 

 

Location

 

Date Real Estate
Venture Acquired
Land

 

Real Estate
Venture Status

 

Equity
Ownership %

 

December 31,
2023

 

 

December 31,
2022

 

Toronto

 

Toronto, Ontario

 

April 2021

 

Under development

 

50%

 

$

4,167,466

 

 

$

3,820,955

 

Toronto II

 

Toronto, Ontario

 

December 2021

 

Under development

 

50%

 

 

7,012,910

 

 

 

5,706,395

 

Dorval

 

Dorval, Quebec

 

February 2023

 

Under development

 

50%

 

 

2,693,055

 

 

 

 

Hamilton

 

Hamilton, Ontario

 

November 2023

 

Under development

 

50%

 

 

3,102,250

 

 

 

 

 

 

 

 

 

 

 

 

 

$

16,975,681

 

 

$

9,527,350