A private individual acting under the investment entity Bayview Hills Apartments acquired a 40-unit, four-storey purpose-built rental apartment building at 165 Colborne Ave. in Richmond Hill, Ontario, from Firm Capital for $12 million, or $300,000 per unit. The four-storey rental property was built in 1963 and underwent renovations in 2020.
Firm Capital divests 40-unit Richmond Hill purpose-built rental
Bayview Hills Apartments buys Toronto-area multifamily for $12 million
By Melissa Rosenberger with
September 2, 2026 | 6:38 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Firm Capital
Finance and Insurance
- Contacts
- Chris Bertucci
Sales Representative, Colliers
- Dayma Itamunoala
Vice President, Sales Representative, Colliers
- Yianni Tsiampas
Sales Representative, Colliers