Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $20,250,000 to acquire and oversee the development of a prime parcel of land located at 5481 & 5551 Bethesda Sideroad in the Town of Whitchurch-Stouffville, Ontario. Together with its developer partner, Treasure Hill Homes, the firm intends to develop the land into a 210-unit residential community consisting of 80 townhomes and 130 single-detached homes.
Located in close proximity to the City of Markham and approximately 30 kilometres north of the City of Toronto, the township of Whitchurch-Stouffville is an urbanizing community that has experienced exceptional population growth that is forecast to persist in the years ahead. Attracting an upper middle class and diverse population, Whitchurch-Stouffville is recognized for its quaint and secure atmosphere, offering residents and visitors a unique agrarian environment accompanied with scenic ravines, lakes, and forested highlands, easily accessible by a network of designated walking and biking trails. Situated amongst main transit nodes, the development site provides easy access to Highway 404 and is a short drive to the New Elm GO / Lincolnville and Stouffville GO Train stations. The site is near notable area amenities including, the Spring Lakes Golf Club and the Timber Creek Golf & Family Fun Centre, with access to shopping malls and an abundance of adjacent facilities and services in neighbouring Markham and Richmond Hill.
“The need for more housing in the province of Ontario has never been greater. With the federal government recently increasing Canada’s annual immigration targets well beyond historical levels for 2022 through 2024, and the province of Ontario’s persistent housing supply challenges, many more homes will need to be built to keep up with the demand,” said Sasha Cucuz, Chief Executive Officer at Greybrook Securities Inc. “This development site is a great opportunity to partner alongside one of our most active and well-respected developer partners, Treasure Hill Homes to deliver needed homes in one of the most attractive suburbs in the GTA. This will be Greybrook’s tenth residential development with Treasure Hill Homes, who has built and has in development over 10,000 homes across the GTA, and Greybrook’s 18th project in York Region.”
Forward-Looking Information
This news release contains forward-looking statements that are based on management’s current expectations and are subject to known and unknown uncertainties, which could cause actual results to differ from those contemplated or implied by such forward-looking statements. Greybrook is under no obligation to update or revise any forward-looking statements contained herein, whether as a result of new information, future events, or otherwise
At Greybrook, 2025 was a year defined by leadership, perspective, and purposeful progress. Throughout the year, we remained at the forefront of industry conversations, helping to shape dialogue across the real estate and housing development landscape while continuing to execute…
Sasha Cucuz, CEO of Greybrook, joined Jake Cohen, President of Daniels Corporation, and Bob Blazevski, President and CEO of Blaze Urban, on the Toronto Under Construction podcast hosted by Ben Myers, President of Bullpen Research & Consulting Inc. The discussion…
We are pleased to announce that Elser Hotel & Residences in downtown Miami is now fully sold out. With its unique hotel-condo model, prime waterfront location, and expansive amenity platform, Elser has attracted exceptional demand across local, national, and international…
Following a well-received sales launch in October, the initial release of single-detached homes at Chateau 9 in Stouffville rapidly sold out, prompting the release of an additional wave of homes. To date, the community has achieved an impressive 91% sell-through…
From boardrooms to podcast studios, Greybrook Securities CEO Sasha Cucuz has been at the forefront of key discussions this past year, sharing his perspective on everything from the global economy to the local real estate market and long-term business strategy.…
On Friday, November 14, the City of Cambridge officially unveiled the newly renovated Preston Memorial Auditorium, marking an exciting completion of a transformative $33 million project that modernizes the beloved community facility while honouring its 1972 heritage. The revitalized facility features a…
How is global uncertainty shaping confidence, supply, and the future of Canada’s housing market, and what lies ahead? What bold government actions are needed to unlock housing supply and help stabilize the market? These are just some of the key…
Toronto, ON — Greybrook is proud to announce its official sponsorship of the York University Lions Men’s Hockey Team at the Gold level, marking a historic milestone as the first-ever lead sponsor of the Men’s Hockey Program. This sponsorship reflects…
138 Yorkville, our ultra-luxury development in partnership with Cityzen and First Capital, recently hosted internationally acclaimed designer Gaurav Gupta for an exclusive showcase at our presentation gallery. Gaurav, celebrated for his sculptural silhouettes and red-carpet couture, presented a curated selection…
Sales have launched at Chateau 9, an exclusive new low-rise community featuring contemporary single-detached homes and townhomes in one of Stouffville’s most sought-after neighborhoods. Developed in partnership with Treasure Hill, Chateau 9 combines modern architectural design with small-town charm. Located…
