Four Points Toronto Airport
Sales Date: March 2016
Keys: 204
Price: $15,500,000
Client: Offshore Private Investment Group
Buyer: Eastons Group of Hotels
Colliers International Hotels is pleased to announce the sale of the 204-room Four Points by Sheraton Toronto Airport. The transaction was part of a larger portfolio sale on behalf of an offshore private investment group. The broader portfolio also consisted of the 489-room Crowne Plaza Toronto Airport and 154-room Hilton Garden Inn Toronto/Mississauga.
The Hotel enjoys an ideal location within the Toronto Airport market being directly across from Toronto Pearson International Airport’s Terminal 3 arrivals/departures gate. This 204-room full-service hotel offers indoor recreation amenities that include a fitness centre, whirlpool and indoor heated pool. The Hotel also offers casual dining in De Maple Restaurant and Lounge, and has approximately 10,500 SF of meeting space.