On October 31, 2019, the Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of Oxford Haus Apartments (Building F), a luxury apartment property in Stratford, ON, for $16.35 million.
The property comprises 59 units and is Skyline Apartment REIT’s third acquisition in the city of Stratford. With plenty of shopping, amenities and park space nearby, Oxford Haus offers a mix of bright 1 and 2-bedroom suites with luxury finishes and is professionally managed by Skyline Living staff.
The property also features a luxurious amenity building featuring a gym, business centre, and full-size kitchen and entertainment centre for hosting get-togethers with family and guests.
“We’re pleased to be growing Skyline Living’s presence in the city of Stratford with Oxford Haus’ bright and spacious luxury accommodations,” said Matthew Organ, President of Skyline Apartment.
“Five years ago, the purchase of our first Stratford property at 136 Ontario Street marked our 10,000 suite milestone for the Skyline Apartment REIT. The city is a beautiful and vibrant place to live and work, and we’re proud to be contributing to the community by offering this new series of high-end suites for residents to call home.”
Introduced in 2006, the Skyline Apartment REIT is fully managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisitions, management, and investment firm.
Post-acquisition, the Skyline Apartment REIT comprises 204 properties in 56 communities in eight provinces across Canada, with a total of 17,981 suites.