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Holiday Inn Mississauga Toronto West

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Holiday Inn Mississauga Toronto West 

Sales Date: September 2014
Keys: 138
Price: $8,850,000
Client: InnVest REIT

Buyer: Private Investor

Colliers International Hotels served as the exclusive agent to InnVest REIT in the sale of the Holiday Inn Mississauga Toronto West.

The Holiday Inn Mississauga Toronto West is ideally positioned in the western Greater Toronto Area (“GTA”), proximate to local business and leisure demand generators as well as the Toronto Pearson International Airport (IATA: YYZ), Canada’s busiest airport which handled a record 36.1 million passengers in 2013. The Hotel also benefits from its strategic location at the major intersection of Hurontario Street and Britannia Road East offering high visibility as well as easy access across the City of Mississauga and the GTA. The Property received considerable interest from a range of investor groups and was ultimately purchased by a local private investor.