Wednesday, September 27, 2006

Ottawa's Largest Rental Communities For Sale

Heron Gate, situated between Heron and Walkley Roads in Ottawa's south end, is on the block. The more than 5,000 residents who live in the all-rental community will probably have a new landlord within months.

Heron Gate was built by Minto Developments in the late 1960s and early 1970s and has been managed by Minto since its inception. The rental portfolio includes eight apartment buildings, 40 town homes and 497 garden homes, totalling 1,700 rental units.

The sale will be made by invitation only to qualified investors. And only those prospective purchasers who are contacted will be asked to submit offers.


Anonymous Anonymous said...

Minto are lousy landlords and all us tenants have had enough of these buggers.

Call Kevin at the Federation of Metro Tenants Associations. He is organizing all Minto tenants across Ontario to rise up and fight them 416-413-9442

11:47 AM  

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