GreyBrook logotype
Investor Login Contact Us

Greybrook Realty Partners Invests $14,500,000 in a Low-Rise Residential Development Project with Treasure Hill in Vaughan, Ontario

Date:
March 30, 2021
Share:

Development adds to the firm’s growing real estate development portfolio in the Greater Golden Horseshoe region

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $14,500,000 to acquire and oversee the development of a parcel of land located in Vaughan, Ontario. Together with its developer partner, Treasure Hill, Greybrook will develop the property into a residential community consisting of 74 single detached estate homes.

The site, located at the northwest corner of Teston Road and Kipling Avenue in the Village of Kleinburg, is situated in a prestigious enclave, surrounded by picturesque woodlands and nestled within the protected Greenbelt Natural Heritage System. Meticulously designed estate homes will be constructed on 60’, 70’ and 90’ lots, that will offer homebuyers superior craftsmanship in an exclusive and sought-after location. Known for its charm and serene setting, Kleinburg is part of the rapidly growing City of Vaughan, currently the fifth largest city in the Greater Toronto Area. The city offers residents easy access to urban conveniences, including the Vaughan Metropolitan Centre (VMC) (the new 442-acre central business district around the intersection of Highway 7 and Jane Street) and the VMC subway station – the northwestern terminus of the Yonge–University TTC subway line, which opened in 2017.

“This is a great development project and investment opportunity for our investors,” said Peter Politis, CEO, Greybrook Realty Partners. “Given the project’s strong interest and the current demand for housing, Greybrook and Treasure Hill made the decision to expedite the sales launch of our McMichael Estates branded project, which resulted in the successful sale of over 50 percent of the homes in the project by early-March 2021. This project demonstrates our ability to source outstanding development sites and our developer partner’s ability to rapidly mobilize and execute on the development plan.”

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 10,500 ground-related homes in the Greater Golden Horseshoe region.

Read the full announcement on the Globe Newswire site

Latest Insights

Greybrook Realty Partners Invests $22,470,000 in a Residential Development Project in Brantford, Ontario

Company News
June 19, 2025

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $22,470,000. This investment will support the acquisition and management of a development spanning 150 projected net developable acres, located south of Tutela…

Boardroom Brief: EP. 08 – Investing With Geographic Perspective

Insights
June 16, 2025

What happens when strong long-term fundamentals are met with short-term economic headwinds? In the latest episode of Boardroom Brief, we explore how Greybrook is navigating the delicate balance between opportunity and caution in today’s dynamic real estate landscape. Greybrook Securities…

John Huffman speaking at the PCMA Annual Conference 2025

Beyond Headwinds: Unpacking Canadian Real Estate Opportunities at PCMA 2025

Community
June 16, 2025

The recently hosted PCMA 2025 Annual Conference – Canada’s premier event for private investment leaders – served as a critical forum for dissecting 2025’s complex real estate landscape. As a conference sponsor and featured panelist, our firm was proud to have…

From Boardroom to Ballpark: Greybrook Celebrates Summer Social 2025

Culture
June 9, 2025

This year’s Summer Social was a home run! Held in the TD Executive Lounge at Rogers Centre, the Greybrook team came together to enjoy an afternoon of baseball, camaraderie, and celebration as we cheered on the Toronto Blue Jays. Highlights…

Greybrook Team Pedals to Support 4th Annual Baycrest Bike for Brain Health

Community
June 2, 2025

This past Sunday, members of the Greybrook team proudly participated in the 4th annual Baycrest Bike for Brain Health charity event, riding along the Don Valley Parkway and Gardiner Expressway to help raise awareness for brain health. As Canada’s largest…

Greybrook and PMG Celebrate Topping Off of Society Las Olas Phase II

Portfolio Updates
May 16, 2025

Greybrook and our partner PMG, are pleased to announce the topping off of the second phase of Society Las Olas, a 563-unit, 42-story apartment tower in Downtown Fort Lauderdale. Located at 140 SW 2nd St., Society Las Olas is a…

Boardroom Brief: EP. 07 – BMO Chief Economist Douglas Porter on Post-Election Forecasts, Trade Tensions & Canada’s Housing Market Outlook

Insights
May 8, 2025

For this special episode of Boardroom Brief, we invite you to listen in on a timely fireside chat between Greybrook Securities CEO Sasha Cucuz and Douglas Porter, Chief Economist at BMO Financial Group. The conversation took place live at Greybrook’s…

Navigating Uncertainty: Key Insights from Greybrook’s 2025 Investor Event

Insights
May 5, 2025

Last Thursday, Greybrook hosted its 2025 Perspectives & Insights event, bringing together investors for an evening dedicated to unpacking critical economic trends and their implications for real estate and investment strategies. Doug Porter, Chief Economist at BMO Financial Group, served…

Leaders Lounge 2025: Toronto’s Real Estate Leaders Gather to Chart the Future

Community
April 24, 2025

On April 3rd, Toronto’s premier real estate networking event, Leaders Lounge 2025, brought together some of Toronto’s most influential industry leaders for an unforgettable evening of insights, conversation, and collaboration. Hosted by UJA and Toronto Real Estate Leaders, the invitation-only…

Greybrook Invests $22,850,000 in a High-Rise Residential Development Project with Stafford Homes in Toronto, Ontario

Company News
April 23, 2025

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $22,850,000 to acquire and oversee the development of a prime parcel of land located west of Yonge Street on Berwick Avenue, immediately…

All Publications

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

Contact us