Strategic Storage Trust VI Opens Self-Storage Facility in Toronto
Strategic Storage Trust VI Inc., also known as SST VI, a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT Inc. (NYSE: SMA), has opened a new Class A self-storage facility in Toronto, Ontario.
“This new Toronto facility reflects our continued focus on expanding in high-growth, high-density markets with strong fundamentals,” said H. Michael Schwartz, president and chief executive officer of Strategic Storage Trust VI, Inc.
Located at 1983 Kipling Ave., the five-story, climate-controlled facility offers approximately 90,300 net rentable square feet and features modern design, enhanced security, multiple elevators, and large indoor loading bays for convenient access throughout the building. The property is purpose-built to serve both residential and commercial customers seeking a secure, professionally managed storage solution.
Strategically positioned with convenient access from Highway 401 and Kipling Avenue, SST VI said the property benefits from strong visibility within a high-traffic commercial corridor that sees approximately 400,000 vehicles pass daily. The surrounding trade area includes nearly 600,000 residents within a five-mile radius, with approximately 45% of households within three miles being renter-occupied, supporting sustained demand for self-storage.
The facility will serve customers across Toronto, Rexdale, Mississauga, Brampton, Vaughan, Woodbridge, and North York, providing modern storage solutions in one of the Greater Toronto Area’s most dynamic and densely populated corridors.
“With its premier location, modern design, and strong demographic profile, we believe this property is well-positioned to meet the storage needs of residents and businesses throughout the surrounding communities,” said Schwartz.
As of Feb. 26, 2026, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 9,100 units and 1,080,000 rentable square feet (including parking); 12 properties with approximately 11,100 units and 1,130,000 rentable square feet (including parking) in Canada, joint venture interests in four operational and one development property in two Canadian provinces (Ontario and Québec).
SST VI recently topped the three-year total return rankings among lifecycle REITs, via data from investment banking firm Robert A. Stanger & Company Inc. As of Dec. 31, 2025, the total assets under management for the SmartStop’s managed REIT platform, which includes SST VI, was approximately $1.07 billion.
SST VI is an affiliate of SmartStop Self Storage REIT Inc., a self-managed real estate investment trust. As of Feb. 26, 2026, SMA had an owned or managed portfolio of over 460 operating properties in 35 states, the District of Columbia, and Canada, comprising over 270,000 units and more than 35 million rentable square feet.
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