I was reading a report that CBRE research put out (Canadian Multi-Housing Marketview) that had this image showing some large commercial multi-family transactions in Canada in 2009:
In Kitchener Waterloo, the largest transaction in this sector that sold was the apartment building at 345 King Street, that sold for over $28 million to an investor represented by our firm Keller Williams. It is a student residence, leased exclusively to a university.
For more information about the commercial real estate market in Waterloo Region, contact me today at Benjamin@BenjaminBach.com or call me at 519.772.4376.
KW Commercial is your one stop shop for commercial, investment, retail and multi family advice and brokerage in Waterloo Region.
Related posts:
- Notable Multi Family & Student Housing Transactions in Waterloo This afternoon I was showing a real estate investor a...
- How profitable can investing in Kitchener Waterloo Real Estate be? I just got this email from a client, who bought...
- Commercial Real Estate news around the web Here are some commercial real estate reports and stories I’ve...
- Cash Flow Analysis of an Investment Property in Waterloo I was just talking to a real estate investor, and...
- 3 Things You Should Look For Before Investing in a Condo in Kitchener Waterloo Over the last few years our clients have been investing...
- Changes coming to licensing of lodging and student rental houses in Waterloo? The City of Waterloo recently sent out the Lodging House...
- Is Waterloo’s Student Housing Market Being Over Built? What do you think - Is Waterloo's Student Housing Market...
