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InterRent Picks Up Lakeview Apts. in Hamilton

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Ottawa, Ontario-based InterRent Real Estate Investment Trust purchased a 74-suite mid-rise apartment building in Hamilton, ON from Cachet Property Management for $11.25 million, or about $152,000 per suite. Lakeview Apts. was constructed in the 1956 on 1.2 acres at 3 East 37th St. near the edge of the Niagara Escarpment overlooking Lake Ontario and Hamilton. The six-story building is home to studio, one- and two-bedroom apartments ranging from...

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