Lākhouse development reaches partial occupancy

August 3, 2023

Congratulations to our client, Aalto Development, on reaching partial occupancy at their stunning Lākhouse development! The 10-storey contemporary condo is located on the shores of Lake Simcoe in the vibrant city of Barrie, Ontario.

MarshallZehr provided a construction loan for the project in 2020, and we are happy to see their vision becoming a reality.

As Lākhouse approaches full occupancy, we anticipate the bright future it will bring to the community, and we couldn’t be happier for the residents who will be settling into their new homes.


About MarshallZehr Group

MarshallZehr Group provides customized construction and development financial solutions for high-performing real estate developers. With more than $3.9B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted real estate capital partners. We add value beyond capital – our team’s decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions, all backed by our industry recognized mortgage administration services.

About Aalto Development

Aalto Development is a premium real estate developer dedicated to quality above all else. They recognize that where you live impacts how you live, so they create homes and buildings with the goal of enriching your lifestyle through beautiful design. Aalto Development’s roots can be traced back to Finland. With many successful projects in Finland, The Aalto Group expanded into the Canadian Marketplace to offer Canadians the same premium living experiences that made them successful in Europe.