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229 College

229 College Street, Toronto, ON

College St. & Spadina Ave.
44,000 SF
Interest held

Property Overview 

27% was acquired from the Institute of Christian Studies for $3.7 million. The balance of the building was in the control of a receiver who sold it in a stalking horse bid for $10 million to Smycorp. The partnership acquired this asset well below market, given the process, and went about repositioning the tenancy in the building to an educational focus with only 2 tenants (Braemar College and The University of Toronto).

For restricted access to comprehensive and confidential materials on our portfolio, please send an email to or call 416-937-1876

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