Ormstown - On September 12, 2024, 9519-2902 QUÉBEC INC. sold five residential buildings to GROUPE MAPPAH INC. for approximately $7.1 million. The complex, located on Marais and Vallée streets, comprises a total of 30 housing units constructed in 2021. The municipal assessment of the 5 buildings totals nearly $5 million.
The residential complex, situated in Ormstown, represents a significant real estate transaction in the area. With its recent construction date of 2021, the buildings offer modern accommodations spread across two streets. The difference between the sale price and the municipal assessment suggests a potential for value appreciation or reflects current market conditions in the region.
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