In 2015, the Canada Pension Plan Investment Board (CPPIB) acquired a 60% ownership interest in Minto High Park Village, a multifamily rental property, from Minto Properties Inc. (Minto) for approximately $105 million. 

 

Minto High Park Village comprises three towers located at 111 Pacific Avenue, 255 Glenlake Avenue and 66 Oakmount Road ranging from 12 to 23 storeys with a total of 750 rental units. The property is located within the highly desirable High Park neighbourhood in Toronto, approximately 10 kilometres from the downtown core, with convenient transport links and close proximity to High Park, the largest park in the city.

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Andrew Thomson and Justin George completed due diligence on the acquisition for CPPIB, as well as providing ongoing Advisory services.