Choice Properties REIT, a Toronto-based public REIT, acquired the three-story, eight-unit multifamily building located at 2252 Dundas St. West in Toronto from High Horizons for $5.5 million, or about $687,000 per unit.
The 7,896-square-foot building delivered in 1910 and is located adjacent to Choice REIT’s principal retailer, Loblaws.
No brokers were involved in the sale as the seller was approached directly for this off-market transaction...
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