GreyBrook logotype
Investor Login Contact Us

Greybrook Realty Partners Invests $24,170,000 in a Low-Rise Residential Development Project with Treasure Hill in King City, Ontario

Date:
March 29, 2017
Share:

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment of $24,170,000 by its managed issuer to acquire and oversee the development of a prime parcel of land located in the Township of King, Ontario. The 53-acre property is jointly owned with Treasure Hill and is expected to be developed into a residential community consisting of over 90 luxury single-detached homes.

Situated on the southern slope of the protected Oak Ridges Moraine, the community of King City is located immediately north of the City of Vaughan and Toronto. Recognized for its’ scenic setting, quality of life and convenient access to the 400-series highways and GO Transit, King City continues to attract affluent homebuyers that have helped precipitate the rapidly increasing housing prices in the area. The development is expected to bring to market an exclusive community of large upscale homes, with a notable portion of the development offering secluded lots that back onto protected greenspace.

“We believe the development’s premium product is well-positioned to meet the growing demands of an increasingly affluent buyer looking to purchase in the exclusive King City community,” stated Alex Riajskikh, Director, Private Capital Markets, Greybrook Realty Partners. “New developments in the area have experienced rapid absorption rates in recent years and with constrained supply in this submarket continuing to persist, we expect this trend to continue.”

“We are thrilled to be partnering with Treasure Hill on this development. With extensive experience building luxury homes in premier locations throughout the Greater Toronto Area, including King City, Treasure Hill’s expertise will help ensure an exceptional community is realized,” noted Mr. Riajskikh.

The portfolio of low-rise development holdings managed by Greybrook Realty Partners includes several development properties that are projected to result in the completion of over 7,000 single-family homes in the Greater Golden Horseshoe region.

Read the full release on Globe Newswire.

Latest Insights

Greybrook Holds Town Hall 2026

Company News
February 18, 2026

Greybrook recently hosted its 2026 town hall event, bringing the entire team together to reflect on the progress we’ve made, celebrate the people driving our success, and share a clear vision for the next phase of growth. This year’s gathering focused on the strength of our foundation…

Celebrating Dedication and Impact: Our 2026 Team Promotions

Company News
February 17, 2026

As we continue to strengthen our foundation and build from a position of discipline and focus, we are proud to recognize the individuals who are helping drive that progress forward. We’re pleased to celebrate well-earned promotions across our team, honoring the dedication,…

The Real State of GTA Development: An Honest Conversation on Today’s Market

Insights
January 23, 2026

With development activity slowing and capital becoming increasingly selective in today’s market, it’s more important than ever to sit down, cut through the noise, and have an honest conversation about what’s really happening on the ground. Last weekend, Greybrook Securities…

Building Together: Greybrook’s 2025 and the Year Ahead

Uncategorized
December 23, 2025

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 on Toronto Under Construction: Navigating Costs, Cycles, and the Path to Real Estate Resilience

Uncategorized
December 17, 2025

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…

Elser Hotel & Residences Now Fully Sold Out

Portfolio Updates
December 16, 2025

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…

Chateau 9 in Stouffville Well-Received by the Market, Released Units Over 90% Sold

Portfolio Updates
December 4, 2025

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…

Boardroom Brief: EP. 11 – From Lessons to Opportunities: Sasha Cucuz Reflects on 2025

Insights
December 2, 2025

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.…

Greybrook Celebrates Community Connection at Preston Memorial Auditorium Grand Reopening

Community
November 20, 2025

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…

Boardroom Brief: EP. 10 – Unpacking Insights from Inside Track 2025

Insights
October 30, 2025

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…

All Publications

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

Contact us