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
500 Asher is purpose-built rental housing, not a strata — 127 units across 5 storeys, built in 2025.
Built in 2025, making it one of the newest rental buildings in Rutland.
500 Asher Road, in Rutland.
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