FORT ST. JOHN, B.C. – Yorkton Equity Group has acquired Shamrock Townhomes and Windsor Estates in Fort St. John for $6,480,000.

The transaction was announced on March 1st and completed on April 11th.

“The successful closing of this 50-unit townhouse complex shall add to our current well-diversified portfolio in the cities of Langford (Metro Victoria), Kelowna, Penticton and Fort St. John in the province of British Columbia, as well as the city of Edmonton in the province of Alberta,” Ben Lui, president and CEO of Yorkton.

“We plan to continue our rapid pace of accretive acquisitions and expand our property portfolio in strategic locations across Canada with significant upside potential based on strong population and job growth projections.”

In December 2021, the group announced the acquisition of Canterbury Estates and Midtown Apartments. During this time, they stated that they had “completed extensive research on the Fort St. John multi-family rental market,” determining it had significant upside potential based on the strong population in-migration and job market growth.