500 Asher is a 5-storey, 127-unit purpose-built rental apartment building at 500 Asher Road, developed by Troika and completed in 2025. The unit mix includes 4 studios, 86 one-bedroom, and 37 two-bedroom units, with 118 parking stalls between underground and surface parking.
As new purpose-built rental supply, 500 Asher adds density to Rutland North without adding to the resale condo market — it's rental-only, professionally managed by Troika Management Corp, not stratified for individual ownership.
If you're currently renting at 500 Asher and considering ownership instead, Asher Place — a 34-unit strata condo building — sits close by at 140 Asher Road, built in 2007 with an established resale market.
Own Instead of Rent — Nearby Strata Buildings