We are delighted to announce the recent closing of a small adjoining parcel of land located in the northwest corner of our Ivylea Towns at Richmond Hill site. The newly acquired 0.84 acres piece of land will form Phase 4 of the project and will establish the foundation for the construction of 18 additional units, bringing the total number of townhomes in the project to 444.
The development continues to advance through the sales and servicing phases. Building off the momentum and success of our initial sales launch in June 2020, we are thrilled to announce the tremendous response received by our Phase 2 sales launch in November 2020 of which 115 out of the initial 130 units released sold firm as of March 2021. We will continue to release homes to the market over multiple phases, ensuring balance against the project servicing and construction programs.
Earthworks for the entire site nears completion as servicing of the municipal roads continues to progress. In accordance with our timeline, we anticipate construction will commence as planned in September 2021, with servicing for Phase 2 and 3 on track to begin in July 2021 and completed in sequence with the construction of the Phase 1 townhomes in the fall.
As we reflect on the last year, we proudly celebrate our team’s achievements across our organization and diverse portfolio of over 110 projects. In 2024, we remained focused on driving progress and adapting to shifting market dynamics, demonstrating our commitment…
On December 20th, Greybrook successfully closed on a $42,000,000 investment completed by its managed issuer. The funds will be used to acquire and oversee the development of a prime parcel of land located at the intersection of Warden Avenue &…
Greybrook is proud to share our support towards the revitalization of The City of Cambridge’s Preston Memorial Auditorium. This contribution will play a crucial role in the ongoing renovation and expansion of the recreational facility, which will continue to serve…
This past fall, the 5th Annual Velo Blu charity ride for Blu Genes took place, bringing together over 140 participants and raising more than $400,000 for gene therapy research. Set at Peller Estates Winery, this unforgettable event highlighted the power of community…
Since its launch last October, the low-rise, master-planned community—developed in partnership with Tribute Communities—has continued to attract interest from prospective buyers eager to experience the small-town charm of Lindsay. Now, with the grand opening of the showhomes, buyers have the…
The rise of artificial intelligence (AI) and the increasing adoption of technology across industries has led organizations to explore new ways to transform and streamline operations to stay competitive. As a result, the demand for tech talent has surged, often…
One of the most common questions we hear from investors is: How do we determine where to invest, especially as markets evolve? In today’s dynamic real estate landscape, making sound investment decisions requires a disciplined and selective approach. During a…
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…
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…
