Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $4,825,000 to acquire and oversee the development of a prime parcel of land located in Whitby, Ontario. Together with its developer partner, Fieldgate Homes, the firm will develop the property into a residential community consisting of over 70 freehold townhomes.
Located approximately 50 kilometres east of Toronto, the Town of Whitby is connected to the Greater Toronto Area (GTA) and surrounding communities in Durham Region by several major highways and public transit options. This flourishing community has experienced a population increase significantly higher than the national average over the past fifteen years, encouraged by growth of their diverse economy and investments in educational, recreational, and cultural facilities.
The 3.5-acre infill development site is situated at the corner of Scadding Avenue and Gordon Street, adjacent to the Port Whitby Marina, amid expansive green space and well-served by nearby retail and community amenities. The site is minutes from the Whitby GO Train station, Highway 401 and 412, which will provide residents direct connectivity to downtown Toronto and beyond.
“At Greybrook, we continue to focus on strategic investments across the GTA. Given the evolving housing market and homebuyer preferences, well-situated communities with superior transportation and transit accessibility, like Whitby, offer a tremendous opportunity for our investors,” states Peter Politis, CEO of Greybrook Realty Partners. “We are also delighted to make another investment alongside Fieldgate Homes, a leader in the industry with a strong track record of over 60 years of experience building homes across the GTA.”
Greybrook has deployed over $320 million in equity in 2017, increasing its real estate investment portfolio to over 32 million square feet of residential and commercial density, with an estimated completion value of $14 billion.
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 Château 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, Château 9 combines modern architectural design with small-town charm. Located…
Bringing together in-depth macroeconomic insights from Benjamin Tal, Deputy Chief Economist at CIBC, with a dynamic fireside discussion featuring Greybrook CEOs Sasha Cucuz and Peter Politis alongside Tyler Meredith (Founding Partner, Meredith Boessenkool & Phillips Policy Advisors), Justin Sherwood (SVP,…
The federal government recently launched Build Canada Homes, a new agency with an ambitious mandate: to rapidly scale up housing construction across the country, aiming to help double the national housing supply and improve affordability as part of Canada’s broader…
With interest rates elevated, higher costs, and policy hurdles mounting, Greybrook CEO Peter Politis joined The Your Life! Your Terms! Show on the “How Billion Dollar Developers See Canadian Real Estate In 5 Years” episode to discuss what these shifts…
The 6th Annual Velo Blu charity ride returned to Peller Estates Winery in Niagara-on-the-Lake on September 19th, once again demonstrating the power of community commitment to life-changing medical research. This year’s inspiring event raised $360,000, bringing Velo Blu’s cumulative contribution…
On September 17th, Greybrook proudly celebrated the grand opening of our new Vancouver office with a special lunch event at Seasons in the Park restaurant. The occasion was a great success and a celebration of Greybrook’s established presence in the Vancouver area.…
September was a busy month for Greybrook as we deepened our commitment to Vancouver’s investor community through two exclusive gatherings that underscored our mission to engage directly with local investors, share actionable market insights, and enhance our local presence in…
