AKELIUS CANADA LTD SELL 12 TORONTO PROPERTIES TO STARLIGHT INVESTMENTS LTD.
ON SEPTEMBER 15, 2019 AKELIUS CANADA SOLD THE FOLLOWING PROPERTIES TO STARLIGHT INVESTMENTS LTD. FOR $176.8 MILLION DOLLARS. PROPERTIES AKELIUS CANADA SOLD TO STARLIGHT INVESTMENTS SEPTEMBER 15, 2019 * 580 The East Mall: 122 units with an average size of 1,001 square feet. Thirty-seven percent of the suites have been renovated and the building has received capital expenditures of $3.8 million; * 2701 Eglinton Avenue West: 49 units averaging 610 square feet. Sixty-one percent of the suites have been renovated and the building has received capital expenditures of $927,000; * 2040 Eglinton Avenue West: 37 units averaging 690 square feet. Forty-nine percent of the suites have been renovated and the building has received capital expenditures of $600,000; * 310-312 Lonsdale Avenue: 35 units averaging 665 square feet. Eighty-six percent of the suites have been renovated and the building has received capital expenditures o...