GreyBrook logotype
Investor Login Contact Us

Greybrook Realty Partners Invests $30,110,000 in a Low-Rise Residential Development Project with Treasure Hill in Nobleton, Ontario

Date:
July 31, 2017
Share:

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $30,110,000 to acquire and oversee the development of a prime parcel of land located in Nobleton, Ontario. Together with its developer partner, Treasure Hill, the firm will develop the land into a residential community consisting of over 210 single-detached homes.

Nobleton is conveniently located 30 kilometers north of the City of Toronto in the affluent Township of King, where the median household income is over $190,000. Located south of the Oak Ridges Moraine and nestled among several conservation areas, Nobleton is a peaceful village surrounded by beautiful rolling hills and forests. Home to over 130 local businesses and more than 4,500 residents, this growing market is expected to see its population increase by approximately 45% from 2015 to 2021, as homeowners seek the charm and comfort of Nobleton’s established heritage community.

The development site, located at 13500 Highway 27, is adjacent to an existing residential community and minutes away from Highway 400. The development will offer future residents easy access to GO Transit bus services and the nearby King City GO Station, which provides daily transportation to downtown Toronto. “We are thrilled to have secured one of the last remaining developable parcels of land within the municipal boundary of Nobleton,” states Peter Politis, CEO, Greybrook Realty Partners Inc. “This development with Treasure Hill will provide the community with a collection of beautiful homes ranging from 3,000 square feet homes on 40 foot lots to 4,200 square feet homes on 60 foot lots in a stunning natural environment.”

The portfolio of low-rise development holdings managed by Greybrook Realty Partners Inc. includes several development properties that are projected to result in the completion of over 8,000 ground-related homes in the Greater Golden Horseshoe region.

Read the full release on Globe Newswire.

Latest Insights

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…

Society Biscayne Converted to The Elser Hotel & Residences Miami

Portfolio Updates
July 27, 2022

Miami has demonstrated exceptional market fundamentals, with accelerated corporate and population relocation in recent years. The demand surge has not been met with commensurate housing supply growth resulting in pronounced price increases for housing that has even outpaced rent growth.…

Toronto Ranks Top 10 in the 2022 Global Liveability Index

Uncategorized
July 22, 2022

As a highly competitive and attractive nation with stable environments, accessible healthcare, and availability of quality housing – Canada offers a high standard of living for residents and newcomers alike. Established as “The Global Liveability Index”, the report recently published…

Greybrook and Marlin Spring Host Grand Opening for Akin Stockyards Studio

Uncategorized
July 19, 2022

Guests had the opportunity to explore the expansive new studio and see the amazing artwork and talented local artists. Thank you to everyone from the community who attended, including special guest, Councilor Frances Nunziata for making this opening event a…

Evoke Towns in Thornhill Receives Registration as Construction Advances

Portfolio Updates
July 12, 2022

The most advanced blocks are nearing completion, foundations have been poured on the majority of the blocks, and framing is progressing on the bulk of the site. As the remaining blocks are completed, the final topcoat of asphalt will be…

Miami Becomes First City in the U.S. to Achieve the WELL Health-Safety Rating and Advocates Others Do the Same

Multi-media
June 24, 2022

This forward-thinking accomplishment cements Miami and Mayor Francis X. Suarez’s commitment to supporting healthy buildings in cities. Mayor Suarez recently leveraged his leadership role as President of the U.S. Conference of Mayors to encourage fellow mayors to join him in…

Greybrook Participates in the 2022 Land & Development Conference

Uncategorized
June 20, 2022

Returning to an in-person format this year, the much-anticipated event focused on real-time trends and opportunities impacting owners, developers, investors, and lenders by bringing together industry leaders and active participants to provide market insights on development, acquisition, current challenges, and…

Construction Advances at Society Wynwood

Portfolio Updates
June 16, 2022

We are pleased to report that construction of Society Wynwood’s thoughtfully designed multi-family residence has progressed significantly since our last update with all three crane towers now erected, the building’s foundation poured and vertical construction progressed to the second of…

Construction Underway for Our McMichael Estates in Kleinburg, ON

Portfolio Updates
June 14, 2022

The strong sales momentum allowed for an accelerated start to construction and 65 of 75 homes are currently being built. With construction progressing steadily, home closings are set to commence in Fall 2022 and continue through Q4 2023. Located at…

Greybrook Hosts Canadian Business Thought Leadership Panel

Insights
June 3, 2022

Listen to the full panel below. Live from the ROM’s C5 Lounge and moderated by our Greybrook Securities’ CEO, Sasha Cucuz, the event featured a dynamic panel comprised of business leaders Jon Love C.M., Founder & CEO, KingSett Capital, Sabrina…

All Publications

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

Contact us