Equiton buys Vicinity Condos dev. property on Toronto’s Queensway

Equiton, a Burlington-headquartered private equity firm and real estate developer, acquired the property from Format Queensway Inc. for $12.75 million on Aug. 29. It was marketed by Colliers executive vice-president Ryan Thomson. “We like the area and like that there’s a lot of activity in the area already with lots of infill development,” Equiton vice-president of development Alan Dillabough told RENX.