Profile
As one of Canada’s largest private owner-operators of rental properties, Realstar Properties (Realstar) manages over 22,000 apartment units coast-to-coast and is an active owner of more than 80 per cent of these units through its six private equity funds and collection of private partnerships. Realstar’s track record of success over the decades is a result of a business approach founded on consistency, honesty, and integrity. Environmental concerns continue to represent some of our largest ESG priorities at Realstar, as we tackle a constantly-changing landscape. Efforts to prepare for decarbonization are intensifying, and research to strengthen asset resilience is ongoing. In looking at environmental concerns holistically, it brings us some consolation that many of the strategies that can be used to assist with decarbonization will also strengthen asset resilience. Additionally, many efforts we have made around energy and water efficiency have already made substantial impacts. Learn more about Realstar’s commitment to sustainability.
Disclaimer
Profiles presented are based on information provided by participants. Participants’ GHG emissions performance published are based on utility data submitted and converted to GHG emissions. The emission factors applied aligns with the period of energy data reported (2020). The emission factors utilized for the conversion are calculated based on a combination of sources: Government of Canada (National Inventory Report & Canada’s Proposed Greenhouse Gas Quantification Requirements), Government of Ontario (Guide: Greenhouse Gas Emissions Reporting), The Atmospheric Fund (A Clearer View on Ontario’s Emissions – Electricity emissions factors and guidelines) and Enbridge Gas Inc. (Chemical Composition of Natural Gas).
Number of Buildings in the Portfolio Enrolled in GWI
1 of 4
GHG Emissions Intensity
1.66
kgCO₂e/sq ft²/yr
Total GHG Emissions
592
tCO₂e/yr
Accomplishments at the Building Portfolio
Electricity sub-metering is being implemented on suite turnover
Electricity sub-metering is being implemented on suite turnover
Will lead to an expected annual reduction of 30-40 per cent in annual electricity consumption or the equivalent of 300,000 kWh/year once all suites are enrolled.
Installed new low-flush toilets and fixtures in 2021
Installed new low-flush toilets and fixtures in 2021
Decreased annual water consumption of 40 per cent or the equivalent of 24 million litres of water per year.
New smart thermostats are planned for installation in 2022 on all suite fan coil units
New smart thermostats are planned for installation in 2022 on all suite fan coil units
Will lead to an expected annual reduction of 10 per cent in electricity and natural gas.
Installed LED lighting throughout all common areas with active dimming technology in 2021
Installed LED lighting throughout all common areas with active dimming technology in 2021
Decreased annual electricity consumption by 10 per cent or the equivalent of over 200,000 kW/year. Exterior lighting replacement with LED technology is planned for completion in 2023.
Water sub-metering is being implemented on suite turnover
Water sub-metering is being implemented on suite turnover
Will lead to an expected annual reduction of 15-20 per cent in annual water consumption or the equivalent of 5,000,000 L/year once all suites are enrolled.