Colliers International (“Colliers” or the “Advisor”) has been retained for the sale of 16 – 28 Centre Avenue, Toronto, Ontario (the “Property” or the “Development”).16 – 28 Centre Avenue has secured an Official Plan Amendment and a Zoning By-Law Amendment for a 10-storey residential building with a density of 3.98 FSI. The development will include 442 residential units, comprised of 287 1-bedroom units, 111 2-bedroom units and 44 3-bedroom units. The Property boasts substantial potential for profitability, backed by the strong pre-construction condominium sales in the area, reaching up to $1,600 PSF.