About this project

A portfolio of 22 properties which includes a total of 4,279 apartment units, broken down between four cities as follows:
Ottawa: 14 Buildings, 3,060 units
Toronto: 4 buildings, 824 units
Edmonton: 3 buildings, 251 units
Calgary: 1 building, 144 units

Altus Group was contacted in March 2018 regarding Minto’s intent to establish a publicly traded REIT of a portion of their multi-residential apartment buildings in Canada. The portfolio of 22 properties included a total of 4,279 apartment units. In addition to the appraisals, the Ottawa valuation team completed a report on the portfolio premium-discount applicable.