• Copper House
  • Copper House
  • Copper House
  • Copper House

The Copper House

Bolton, Caledon, ON

500 Wilton Drive
Revitalization of an underutilized site with residential and commercial development


Vision: Reposition strategically located lands to serve Bolton’s growth more effectively


The Copper House was formerly a purpose-built executive daycare facility for Husky Injection Molding Systems. With an ageing workforce, the site was underutilized and was a prime candidate for repositioning. Bolton is the downtown of the Town of Caledon. The community is quickly gentrifying. Already offering many amenities including entertainment, culture, restaurants and shopping surrounded by beautiful parks and trails, the community is in desperate need of thoughtful residential and commercial development to support a growing and diverse population. The medium-term leasing strategy was to support a much-needed daycare space, while simultaneously improving the lands via entitlements. The long-term vision includes re-entitling the subject site for a purpose built mixed-use property. That vision has been achieved with the disposition of the site to a retirement home builder and operator (V!VA Retirement Communities).


ELM delivered an IRR in excess of 70% with limited debt (sub-35% loan to value).


  • Type Development
  • Class Land Development
  • Sub-class Mixed use
  • Gross Commercial Floor Area 15,671 sq/ft
  • Site Size 4.54 AC
  • Acquisition Date 2019
  • Disposition Date 2022
  • Status Sold
  • Client ELM