Another Metrotown apartment building has sold; this time at 6695 Dunblane Avenue, closer to Royal Oak Avenue. The 38 unit building is located on a 25,504 SF site and is zoned RM-3. The purchase price was $9,360,000, or $246,316 per unit.
Richport Town Centre, a large strip retail and office complex located on a 5.37 acre site on Ackroyd Road has sold for a reported $74,800,000.
The property contains 116,426 SF of rentable area and is anchored by Chapters Books, Royal Bank, Starbucks, Pennington Superstore, and City Fresh Market and many other retail and office uses.
