This Week’s Headlines

100+ Suites in Scarborough, $115K/suite, 5.25% CAP
– building does need a good deal of capital
– good location, large suites, lots of upside potential

30 Suites in Kawartha Lakes, $85K/suite, 6.5% CAP
– property consists of a mix of walk-up and townhouses
– property needs fair amount of capital
– tremendous upside, good returns, treat as clear

Top purchaser, will pay 4% CAP for quality Misissauga property
– most Mississauga locations applicable, but not all