- Nov 19, 2007
- Reaction score
Maybe they had just bought the Esso Station and not the property, i highly doubt that property would have only been worth $4.6 M in 2016
You are correct, it was worth more than 4.6 mill. That sale was part of a portfolio sale of around 270 properties across Ontario and Quebec IIRC. The allocation of value between properties is not clear and certainly not based on their land values in downtown Toronto, or any growth centre probably.