On February 24, 2022, AIMCo Realty Investors LP and 6 Dawes Fitzrovia LP purchased the property municipally known as 6 Dawes Road, Toronto, Ontario for $132,252,000.
Previously owned by Slate Asset Management, the property adjoins the Danforth GO station and has been rezoned to permit the development of two mixed-use buildings with four towers of 44, 46, 37 and 19 storeys in height.
Stikeman Elliott LLP acted as counsel to AIMCo Realty Investors LP and 6 Dawes Fitzrovia LP with a team led by Douglas J. Klaassen, Scott Brasil, and Kim Newman (Real Estate).
Wildeboer Dellelce LLP acted for Slate Asset Management with a team that included Daniel Shapira, Brendan Wu and Julianne Cerelli (Commercial Real Estate).