Just a few blocks from downtown Toronto, Canada, sits XYZ Storage (formerly known as All Canadian Self-Storage), a five-story building with all the bells and whistles of an award-winning self-storage property. The property was constructed on 1.5 acres of premium real-estate overlooking the Toronto skyline after John Donald and Hal Spradling, founders of All Canadian Self-Storage, purchased the land that was the parking lot for a former bakery. After buying the property, the city of Toronto saw a substantial real estate boom. Rather than sell the land for two to three times what they paid, Donald and Spradling kept the land for its unique location and proximity to downtown.
Spradling’s vision featured a full drive-thru facility where tenants would directly access units from their vehicles. This vision proved challenging, as the property’s long L-shape made access to the main street difficult. To add to the hurdle, the drive-thru only design had to meet Toronto’s strict fire codes. Adhering to codes was just the beginning of a very long and arduous approval process from the city and ended up being a lengthy construction process. A new hurdle seemed to present itself at every turn, from zoning bylaws, including height limits, required parking, and gross floor area. After the numerous uphill battles, XYZ Storage’s conditional site plan approval finally came in February 2018.
Bond Securcom Inc. installed a fully integrated PTI access control security system for XYZ Storage. In addition to installing PTI access control keypads, XYZ Storage installed DoorBoss smart locks on their 1,592 units for individualized unit monitoring. With the implementation of smart locks and keypads, Bond Securcom Inc. helped XYZ Storage the EasyCode mobile app for mobile accessibility. This feature has kept both employees and customers safe during the coronavirus pandemic. According to XYZ’s cloud-based software, more than 50 percent of rentals have been contactless this year.
Five years after purchasing the land, XYZ Storage – Eastern opened in October of 2019. Despite it being a challenging year, XYZ – Eastern has managed to attain 61 percent occupancy and is expected to reach full capacity within the next few years.