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Super 8 Downtown Toronto

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.

 

Pour plus d’informations, veuillez contacter:

Tiffany Chow

Transaction Manager | Hotels

Toronto Downtown

Tiffany has been involved in over $3.0 billion in deal volume since joining Colliers, providing real-time market knowledge, property underwriting and financial analysis in the preparation of hotel valuations, proposals, investment memoranda and strategic advisory assignments. In her capacity as Transaction Manager, she is the main liaison between respective buyers and sellers during the due diligence process to ensure a smooth and successful transaction for all parties.

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

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