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Cambridge Grand Condominiums

Status Completed

Cambridge Grand Condominiums was a condominium conversion project undertaken in the city of Cambridge in southern Ontario. Constructed in 1991, this 169-unit rental property was acquired in 2000, refurbished, and converted to condominiums for sale to separate-title owners and is one of several significant historical investments the principals of Churchill acquired and/or developed acting in an independent capacity.

Syndicated 1999
Unit Size $0
Total Units 0
Total Equity Raised $12,250,000
Date Completed 2001
Properties Acquired 1
Properties Divested 1
Properties Remaining 0
Property Name Location Asset Type SF Purchase Date Purchase Price Sale Date Sale Price Value +/-
Aggregate SF: 0 Aggregate Purchase: $12,250,000 Total Gross Profit Margin: $4,250,000

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