At the start of the 1990s, the Optima Aegidius Group purchased the Silver Spear as part of the extension of its portfolio to include Canada.
With a floor area of around 16,290 m2, the 14-storey residential building has space for around 200 residential units.
The building is in direct proximity to various parks, such as the Centennial Park. The Toronto Pearson International Airport is only 14 km away.
The property was successfully sold in December 2000.