Cushman & Wakefield Arranges $54.7 Million Sale of 357-Bed Community in Ontario

1Eleven, located near the University of Ottawa in Ontario, was recently sold by CA Ventures for $54.7 million. 1Eleven, located near the University of Ottawa in Ontario, was recently sold by CA Ventures for $54.7 million.

Ottawa, Ontario — Cushman & Wakefield has arranged the $54.7 million sale of 1Eleven, a 357-bed student housing community located near the University of Ottawa in Ottawa, Ontario.

Travis Prince and Victoria Marks of Cushman & Wakefield’s student housing capital markets group represented the seller, CA Ventures, in the transaction. Alignvest Student Housing Inc. acquired the property. The community offers one-, two- and four-bedroom, fully furnished units. Shared amenities include study lounges, a fully equipped gym, yoga studio, game and social lounges and on-site laundry facilities. 

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