GreyBrook logotype
Investor Login Contact Us

Greybrook Realty Partners Invests $26,385,000 in a Low-Rise Residential Development Project with Treasure Hill in Brooklin, Ontario

Date:
May 17, 2022
Share:

New residential development becomes firm’s 13th project in Durham Region.

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $26,385,000 to acquire and oversee the development of a prime parcel of land located in Brooklin, Ontario. Together with its developer partner, Treasure Hill Homes, the firm intends to develop the land located at 6760 and 6900 Baldwin Street North into a residential community consisting of over 470 townhomes and single-detached homes.

Located east of Toronto, in the Town of Whitby, the community of Brooklin has experienced exceptional population growth that is projected to persist in the years ahead. Offering residents modern conveniences surrounded by historic charm, the development site is situated in close proximity to Brooklin’s bustling downtown core, a designated heritage area with an eclectic variety of restaurants, cafes, shops, and pubs. The 28-acre development site, is well connected, providing easy access to Highway 407 and 401, with connections throughout the GTA. The community boasts sprawling areas of natural greenspace, accompanied by a network of designated walking and biking trails. The site is near notable area amenities including, the Winchester Golf Club and the renowned Herber Down Conservation Area, with access to an abundance of amenities located throughout the broader Durham Region.

“We look forward to further expanding our presence in Durham Region and providing the necessary homes required to meet the strong housing demand experienced” said Jared Berlin, Executive Director, Asset Management at Greybrook Realty Partners. “This marks Greybrook’s 11th residential project with long-time developer partner, Treasure Hill Homes, a respected developer with over 10,000 homes built or in development across the GTA.”

Forward-Looking Information

This announcement 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.

Latest Insights

Greybrook Realty Partners Invests $9,800,000 in a Residential Development Project with Tercot Communities and Cityzen in Guelph, Ontario

Portfolio Updates
September 23, 2022

Greybrook Realty Partners announces the successful acquisition of a prime parcel of land located at 115 Watson Parkway North in the City of Guelph, Ontario following the successful close of an equity investment by its managed issuer of $9,800,000 to…

Greybrook x Toronto Life x Canadian Business Host 3rd Thought Leadership Panel

Insights
September 15, 2022

As proud Canadians and active real estate investors and city builders, we are keenly focused on Canada’s growth and economic prosperity, and exploring its reputation as a global leader. The film and television industry is no exception, having played a…

Greybrook Sponsors and Participates in 2022 Constantine Yorkville Run

Uncategorized
September 13, 2022

Greybrook is proud to have continued our support as a sponsoring partner and participant of this year’s Constantine Yorkville Run. Over 1,000 enthusiastic runners and walkers came out to support and raise funds for more than 30 local charities. Known…

Greybrook Projects Taking Shape Across the Portfolio

Portfolio Updates
August 31, 2022

Featured in this article are just a few of the exciting updates on projects taking shape within our portfolio. Stockyards District Residences If you take a drive along St. Clair Avenue West in Toronto’s west-end, you will come across our…

The Regional Municipality of York – Building for the Future: A Region on the Rise

Insights
August 30, 2022

Click here to view Greybrook’s portfolio in York Region Stretching north from Toronto to Lake Simcoe, York Region is a rapidly growing municipality comprised of nine cities and townships and is home to more than 1.1 million residents, forming the…

Greybrook x Toronto Life x Canadian Business to Host 3rd Thought Leadership Panel

August 30, 2022

Continuing the theme of Canada’s appeal on the global stage, our upcoming panel will explore Canada’s emergence as a global leader in the film and television industry and why it is being hailed as ‘Hollywood North’. With international competition for…

Greybrook Participating in Upcoming 3rd Annual Velo Blu Charity Ride in Support of Blu Genes

August 25, 2022

Velo Blu is a sought-after charity ride for avid and recreational cyclists and is a celebratory event on a mission to advance gene therapy for rare genetic disorders. The BLU GENES Foundation began with a personal mission to find a…

Underground Construction Steadily Progresses at Society Atlanta

Multi-Family
August 24, 2022

The development progressed swiftly following land acquisition, building design, and the receipt of municipal approvals. Work onsite has been focused on completing the drill shafts and piles to anchor the building to the bedrock below. We received our vertical permit…

Greybrook Launches Career Page and Celebrates Team Growth

Uncategorized
August 15, 2022

At Greybrook, we pride ourselves on our ability to foster an inclusive culture that supports our employees, recognizes talent, and encourages creative problem-solving, leadership, and initiative. As we continue to grow our organization and portfolio of projects across Canada and…

Greybrook x Toronto Life x Canadian Business Host 2nd Thought Leadership Panel

Insights
July 29, 2022

As Canadians and active real estate investors and city builders we are keenly focused on Canada’s future, the country’s growth, and its economic and social prosperity. Coming out of a period of major disruption due to the pandemic and navigating…

All Posts

Join our newsletter and keep up to date with our news & insights

Contact us

Join our newsletter and keep up to date with our news & insights

Subscribe to our newsletter
Enter correct email