Churchill International Property Corporation
Suite 1010, 1040 West Georgia Street, Vancouver, BC Canada V6E 4H1
T: 604.689.8500
F: 604.689.5910
E: [email protected]
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.
Property Name | Location | Asset Type | SF | Purchase Date | Purchase Price | Sale Date | Sale Price | Value +/- |
Cambridge Grand Condominiums | Cambridge, ON | Multifamily | - | March 2000 | $12,250,000 | November 2001 | $16,500,000 | $4,250,000 |
Aggregate SF: | 0 | Aggregate Purchase: | $12,250,000 | Total Gross Profit Margin: | $4,250,000 |
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