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Super 8 Downtown Toronto

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Colliers Hotels is pleased to announce we acted as advisors to Sterling Group in the sale of the Super 8 Downtown Toronto, located at 222 Spadina Avenue, to the City of Toronto.

Under the Government of Canada’s Rapid Housing Initiative, the City is planning to renovate the Hotel to studio, one-bedroom and two-bedroom apartments with a bathroom and kitchen to provide affordable supportive housing for people in need.

The transaction closed in April 2021.

 

For More Information, Please Contact:

Tiffany Chow

Director | Hotels | Canada

Toronto Downtown

Tiffany provides market knowledge/expertise, property underwriting and financial analysis in the preparation of hotel valuations, proposals, investment memoranda and strategic advisory assignments. She specializes in disposition and acquisition due diligence and has been involved in over $3.8 billion in deal volume since joining Colliers, working with a wide range of industry stakeholders including private Canadian and U.S. hotel investors, institutional clients, REITs, high-net-worth groups, opportunity funds, publicly traded hotel companies, lenders, and brand and management companies.

Tiffany's background varies across the Hotel, Economic & Development, and Marketing sectors including working for the City of Toronto and consulting for a non-profit in São Paulo, Brazil.

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