At Primecorp Commercial Realty Inc., a member of TCN Worldwide Real Estate Services, we are always exploring new investment opportunities with long-term growth potential for our valued client base. One of our latest is an opportunity to acquire two clean, and well maintained high-rise apartment buildings in Toronto, Ontario. This multi-residential portfolio is comprised of 262 spacious units, conveniently located in North York and Scarborough with great upside potential for unit turnover.
195 Exbury Road, North York (Downsview-Roding-CFB District)
Designed by architect Uno Prii in 1968, this 20-storey, family oriented multi-residential apartment building has an enclosed yard for children, contains 159 spacious units with large balconies and is well maintained and professionally managed. Major capital work has been completed and new capital requirements are limited. This building is conveniently located in a quiet residential neighbourhood beside the Oakdale Golf and Country Club, in close proximity to North York Sheridan Mall, York Plaza, Highway 401 and with several schools and parks nearby. 24-hour public transit is only minutes away.
560 Birchmount Road, Scarborough (Clairlea-Birchmount District)
Constructed in 1972, this 13-storey multi-residential building was also designed by architect Uno Prii. This building is secure and professionally managed with 103 large units and many amenities including: laundry facilities, outdoor swimming pool and family-friendly playground. This well maintained building has the convenience of 24-hour public transit at the door, is situated close to the Eglinton Town Centre, Elginton Corners and Smart Centre. There are numerous schools and parks nearby, with easy access to both Highway 401 and the Don Valley Parkway.
More Information About This Multi-Residential Real Estate Investment Portfolio
A portfolio sale is preferred; however, each asset can be sold separately. Existing financing can be treated as clear. For detailed specs on the unit breakdown see our flyer. For pricing and further information, contact Sam Firestone: firstname.lastname@example.org (416) 214-3690, Founding Partner and Broker of Record, or Aik Aliferis: email@example.com (416) 306-2846, Founding Partner and Broker.