2400 Bathurst Street
Location: 2400 Bathurst Street, Toronto, Ontario
Description: 5‐storey apartment building registered as a co‐ownership located at the corner of Bathurst Street and Elm Ridge Drive just north of Eglinton Avenue. Rezoned to allow for a 147‐unit, 13‐storey condominium building totaling 152,000 sf, which includes the replacement of 31 rental units. Ultimately sold to Akelius who has chosen to maintain building as a rental apartment and substantially renovate the building rather than redevelop and intensify the property.
Date: Acquired in 2008. Sold in 2014.
Partner: Cadan Inc.