Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $11,950,000. The equity will be used to acquire serviced lots located in Oakville, Ontario on standard builder’s terms. Together with its developer partner, Treasure Hill, the firm will develop the land into a residential community consisting of 83 single-detached homes.
Located 30 kilometers west of downtown Toronto, on the shores of Lake Ontario, the Town of Oakville is recognized as one of the most sought-after communities in the Greater Toronto Area (GTA). Boasting a high quality of life and quick connectivity to major transportation networks, Oakville has experienced strong residential demand and rapid price growth in recent years, reflected in the 96% increase in single-detached home prices from March 2012 to 2017. Situated in North Oakville, the site resides within one of the newest planned areas of growth within the established town. Future residents of the development will have easy access to area amenities and green space including the abutting ravine system that comprises Sixteen Mile Creek.
“These days sourcing construction-ready serviced lots in supply-constrained markets in the GTA can be quite challenging. Our partnership with some of the best developers in Southern Ontario, such as Treasure Hill, provide us with attractive real estate investment opportunities like this one,” stated Alex Riajskikh, Director of Private Capital Markets, Greybrook Realty Partners. “This is a strategic acquisition and natural fit for our investment portfolio that allows us to continue to provide our investors with access to exceptional development-based investment opportunities.”
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 ground-related homes in the Greater Golden Horseshoe region.
We’re excited to share the highlights from Inside Track 2024, our annual investor event that offers industry-leading insights and engaging discussions on the future of real estate and the broader economy. This year, attendees had the opportunity to hear from…
Greybrook and our partners PMG, are pleased to announce that pre-leasing has commenced for Society Atlanta. Located at 811 Peachtree St. NE, Society Atlanta is a 31-story tower featuring 460 rental apartments, over 87,000 square feet of office space and…
We recently had the opportunity to fly over our Archetto Towns project in Woodbridge, offering a new perspective of our 91 townhomes low-rise community. Standing out against the eye-catching backdrop of vibrant fall foliage, this exclusive collection of contemporary townhomes,…
We are thrilled to announce that our Artistry Condos high-rise development in Toronto’s vibrant Grange Park community has reached a significant milestone with the successful topping-off of the building. This achievement marks the completion of the structural formwork at its…
We are proud to share that Linx Condos was recently nominated for the prestigious Heritage Toronto Awards in the Built Heritage category. This year’s 49th Annual Heritage Toronto Awards celebrated exceptional contributions to the preservation and evolution of the city’s…
In the latest episode of the Toronto Under Construction podcast, CEO Sasha Cucuz joins Bullpen Consulting’s Ben Myers and guest co-host Matt Young for an in-depth discussion on real estate investment. The conversation offers insights into Greybrook’s evolution, highlighting its strategic…
On October 20th, 2024, the Ontario government’s Provincial Planning Statement, 2024 (PPS 2024) came into effect, aiming to streamline the province’s land use planning framework. This new policy replaces both the Provincial Policy Statement, 2020, and A Places to Grow:…
The evening featured the prominent Benjamin Tal, Deputy Chief Economist and Managing Director of CIBC World Markets, who delivered his expert analysis of macroeconomic data and real estate trends in the Canadian market. Following his keynote, attendees enjoyed an engaging…
In a recent episode of The Tom Storey Show, CEO Sasha Cucuz joined co-hosts Tom Storey and Steve Karrasch to discuss the financialization of Canadian housing—an interesting topic in today’s real estate landscape. This episode delves into how the increasing…
Characterized by record-low sales activity and stagnant prices, there’s been no shortage of unknowns and questions surrounding the Canadian real estate market this year. Will the Bank of Canada’s recent rate cuts, and potential for more, encourage homebuyers to re-enter…
