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Equiton Residential Income Fund Acquires Hamilton Apartment Buildings

BURLINGTON, ON, April 1, 2021– The Equiton Residential Income Fund has completed the purchase of two apartment buildings, in the Beasley neighbourhood of East Hamilton.   Located at 125 Wellington Street North and 50 Cathcart Street, the connected buildings contain a total of 360 Bachelor, 1, 2, and 3-Bedroom suites, and occupy nearly an entire city block.   Wellington Place is conveniently located only minutes from downtown Hamilton, and a short commute to McMaster University. Nearby are several public parks, public transit, …

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Profiting from an Imbalance

Apartment rentals can be an attractive alternative to home ownership depending on several factors in your life. Here, we breakdown some of the key reasons why the rental apartment industry continues to thrive and is an ideal alternative investment solution. AffordabilityToday’s housing market is experiencing unprecedentedly low mortgage rates, but property prices are increasing, creating …

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