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Showing posts from September, 2019

AKELIUS CANADA LTD SELL 12 TORONTO PROPERTIES FOR $176.8 MILLION DOLLARS

ON SEPTEMBER 15, 2019 AKELIUS CANADA SOLD THE FOLLOWING PROPERTIES TO STARLIGHT INVESTMENTS LTD. FOR $176.8 MILLION DOLLARS. PROPERTIES AKELIUS CANADA SOLD TO STARLIGHT INVESTMENTS SEPTEMBER 15, 2019 Here are the apartments that Akelius sold: Links to the profile page of each building offering further detailed information.  PLEASE READ EACH PROFILE PAGE  TO FURTHER UNDERSTAND HOW AKELIUS CANADA LTD. ACHIEVED THE SALE PRICE FOR EACH PROPERTY .   *  580 The East Mall:  122 units with an average size of 1,001 square feet. Thirty-seven percent of the suites have been renovated and the building has received capital expenditures of $3.8 million; *   2701 Eglinton Avenue West:  49 units averaging 610 square feet. Sixty-one percent of the suites have been renovated and the building has received capital expenditures of $927,000; *   2040 Eglinton Avenue West:  37 units averaging 690 square feet. Forty-nine percent of the suites have been renovated and the building has received capit