Greenrock Property Management Ltd, a property management company, purchased the apartment building at 166 Eastbourne Ave. in Toronto from Berkshire Axis Development for $5.1 million, or about $243,000 per unit.
The 21-unit building was not actively for sale when the company was approached by the buyer and buyer broker. During the time of this sale, the property also went under a rent reduction
David Lieberman of Avison Young handled the deal...
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