The new Class A property targets one of the Greater Toronto Area’s most densely populated and supply-constrained corridors.

February 27, 2026

Strategic Storage Trust VI, Inc. has announced the opening of a new Class A self-storage facility in Toronto, Ontario, marking the latest step in the company’s ongoing expansion across Canada’s largest urban market.

The Property

The facility, situated at 1983 Kipling Ave., is a five-story, climate-controlled building offering roughly 90,300 net rentable square feet. Designed to serve both residential and commercial tenants, it features:

• Multiple elevators for convenient access across all floors
• Enhanced security systems
• Large indoor loading bays
• Modern architectural design

The property is purpose-built to provide professionally managed, secure storage options for customers across the region.

A Strategically Chosen Location

Location was a central factor in the development. The site sits near Highway 401 and Kipling Avenue, a high-traffic commercial corridor drawing around 400,000 vehicles per day. The surrounding trade area offers a compelling demographic profile:

• Nearly 600,000 residents live within a five-mile radius
• Approximately 45% of households within three miles are renter-occupied — a profile considered favorable for sustained self-storage demand

The facility is expected to draw customers from a broad swath of the Greater Toronto Area, including Rexdale, Mississauga, Brampton, Vaughan, Woodbridge, and North York.

Leadership Commentary

Company leadership emphasized that the opening reflects a deliberate strategy of targeting high-density urban markets with constrained supply. President and CEO H. Michael Schwartz described the property as well-positioned to address the storage needs of residents and businesses across the surrounding communities, citing its premier location, design quality, and strong local demographics.

About Strategic Storage Trust VI

SST VI is a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., which trades on the NYSE under the ticker SMA. As of late February 2026, SST VI’s portfolio includes:

• 13 operating properties in the United States, comprising approximately 9,100 units and 1,080,000 rentable square feet
• 12 operating properties in Canada, comprising approximately 11,100 units and 1,130,000 rentable square feet
• Joint venture stakes in several additional properties across Ontario and Québec

About SmartStop Self Storage REIT

SmartStop operates as a self-managed REIT with a team of more than 1,000 professionals and a portfolio exceeding 460 owned or managed properties across 35 U.S. states, the District of Columbia, and Canada. Its Canadian footprint alone spans 50 operating properties across four provinces, totaling approximately 43,000 units and 4.3 million rentable square feet.