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Category: Residential

Is an apartment building residential or commercial?

Kelly Macsymic Residential Transactions National Sep. 30 2019

Technically, I suppose an apartment building could be considered both residential and commercial. Though they may exist in traditional residential zoning, apartment buildings absolutely qualify as a commercial investment. Here’s why. As commercial real estate agents, we use multiple approaches

RioCan buys 100% of Toronto ePlace rental, retail components

Don Wilcox Residential Development Toronto / GTA Sep. 27 2019

RioCan REIT (REI-UN-T) has paid $114.1 million to acquire the remaining 50 per cent interest of the apartment component, eCentral,  the remaining 50 per cent interest in the retail component and 70 commercial parking stalls at the ePlace mixed-use development

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