Two subsidiaries of Toronto’s Baz Group of Companies have announced significant acquisitions: Marlin Spring has purchased a Toronto development site at 5280 Dundas St., W., and Spring Living has acquired seven retirement residences in Ottawa and Montreal.
The 905 has supplanted Toronto proper as the region’s hub of condominium development, largely owing to the latter’s exorbitant land costs and surging tax regimes. Stubbornly elevated interest rates aren’t helping the 416, either.
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