October 24, 2020, by Teviah Moro
The city hopes to sell a public works yard on 125 Barton St. W. along with empty parcels on Burlington Street East and an old yard in Flamborough.
The 125 Barton site — which includes a sprawling warehouse between Caroline and Bay — is home to public works’ facilities operations and maintenance shop, carpenter shop, and its parks, structure and equipment section.
The goal is to use the proceeds to buy another property as an ongoing effort to shed underutilized public works sites.
Councillors discussed the real estate moves in camera during the general issues committee meeting. Their direction needs final approval at council.
What does this mean?
This article is fascinating, even enlightening, but you may have no idea what to do with the information it provides.
It’s dangerous to load up on knowledge and move without the practical wisdom to act.
Every week, our coaches post real estate insights and stories from the streets. They unpack real deals, breaking down the numbers, and highlight trends that their clients are making money off of.
Their wisdom is freely available to you right here.
Sign up for the iWIN Real Estate Newsletter now so you never miss the practical wisdom we are already sending to thousands of investors in Ontario.