BAZIS has closed on the acquisition of a Yonge Street site in midtown Toronto where it has already submitted an application to construct a 41-storey mixed-use development.
The Vaughan-based developer acquired the Balmoral Medical Arts Facility at 1366 Yonge St. in the Deer Park neighbourhood for $31.925 million from Joseph Dermastja, who had purchased the property in the early 1990s when it was a gas station.
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