Stelco Lands Sell for $630,000 an Acre, Only Weeks After An Ontario Tribunal Valued It at $52,431 Per Acre
, Editor |
Less than two weeks after Ontario’s Assessment Review Board declared the Stelco lands to be worth only $41,160 per acre, Stelco announced on Tuesday it was selling its 806.2 acres of land for $518-million, $643,000 per acre.