OTTAWA: LANCASTER APARTMENTS
324 CAMBRIDGE STREET NORTH, OTTAWA, ON
TOTAL UNITS: 200 units
ASSET MANAGERS: Greybrook Realty Partners, Marlin Spring Investments
Greybrook invested equity capital alongside Marlin Spring Investments and will oversee the execution of the value-add program to renovate rental suites, improve common areas, and increase building efficiencies for the 324 Cambridge Street North property.
Located in close proximity from downtown Ottawa, the city’s two major universities (University of Ottawa and Carleton University) and offers excellent transit and highway access. The property is situated in a neighbourhood that boasts a high walk score and is experiencing ongoing gentrification.