$21.5 Landmark Toronto Hotel, $4.2M Apt bldg.

John Gallagher, Broker, Cirrius Realty Inc., Brokerage had a nice sale at a previous company,  A large hotel trust had tried numerous methods to sell one of their landmark Toronto hotels without any success for over TWO years. Using our proprietary marketing methods which included Gary’s ICIWorld we were able to get the property under contract within 85 days. Not bad for a $21,500,000 property that was a fixer-upper! John now specializes in tax planning for real estate owners from $10M-$250M with large capital gain issues.