Business · CA ·
Ontario-backed fund buys 43 Toronto condos for $22.3 million
The Globe and Mail · Business
Published · Updated
- High Art Capital, an Ontario government-backed firm, purchased 43 unsold condo units in midtown Toronto for $22.3 million, well below market rate.
- The purchase at Line 5, a condo complex near Eglinton Avenue, is the $1.3-billion fund's first transaction.
- The bulk buy works out to an average of $518,000 per unit, according to CoStar Group data.
Read it at the source
The Globe and Mail↗We link out rather than republish. The reporting belongs to the publications above; the summary and the search data on this page are ours.
