Me and my team members, Randi Kwinta, Daniel Freeman, and our Broker of Record Elden Freeman have been selected to sell some amazing properties for Toronto Community Housing Corporation.
TCHC has a $750 Million dollar capital repair obligation. In conducting this sale TCHC is able to raise the required funds meet to repair obligations. Approvals have been obtained to sell 103 stand-alone properties. An additional 55 properties will be brought to market bringing the total number of stand-alone properties approved for sale to 158.
Any properties for sale are publicly listed on the Multiple Listing Service (MLS®)
Net proceeds from the sale of these properties will be allocated to the State of Good Repair Fund, which is used strictly for capital repairs. Toronto Community Housing Corporation will publish information on all process and expenditures from the State of Good Repairs Funds.
Stand-alone units on the open market to the highest bidder in order to maximize the revenues raised for the State of Good Repair Fund.
Properties will be listed on the Toronto MLS® System. Registering with me will ensure you get notified of new properties as they become available. All properties will have an offer registration date and an offer submission time deadline. Toronto Community Housing will accept the best offer.
Copyright 2015 Kate Hobson. All rights reserved.