Posted on November 2, 2021
Successful Disposition of Toronto Apartment Building

Marlin Spring is pleased to announce its successful disposition of a 112 unit multi-family apartment building located in Cambridge, Ontario.

The property which was purchased in 2019 benefited from Marlin Spring’s focused value-add program consisting of upgrading individual units and enhancing the common areas. We are proud to have achieved our mission of significantly enriching the resident experience through all of our team's efforts.

Thank you to our investors and partners, as well as our consultants and trades who’s involvement and insight contributed to the success of this project.

We congratulate and wish much success to the new purchaser, Starlight Investments and their incredible team, for ensuring the sales process was as seamless as possible.

We congratulate our investors and partners on the realization of their investment which well exceeded the initial project projections. Thank you for your continued confidence in Marlin Spring, we are honoured to play a role in your success.

We salute our incredible Marlin Spring team and wish everyone congratulations on this achievement.