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Durham IV

Greybrook invested equity capital alongside Fieldgate Homes and Redwood Properties and is overseeing the development of our Durham IV project.

Located at the southeast corner of Trulls Road and Pebbleston Road in Courtice, the 51.4-acre development site is conveniently situated near Darlington Provincial Park in Bowmanville and McLaughlin Bay Wildlife Reserve in Oshawa.The area promotes a healthy, active lifestyle with ample opportunities for hiking, biking, and family recreation. From a transportation standpoint, the site offers excellent connectivity, with Highway 401 and Highway 407 nearby providing direct access to Toronto, Oshawa, Whitby, and other parts of the GTA.  Residents also benefit from proximity to medical centres, schools including Durham College, community facilities and local retail and dining amenities.

The transaction officially closed on June 7th, 2021. For more details, click here.

Equity Investment:
$19,360,000
Asset Type:
Low-Rise
Total Units:
Over 360 Single-Detached Homes and Freehold Townhomes
Developer Partner:
Fieldgate Homes
Status:
Active
Completion Value*
$319,000,000
*Total completion value estimated at time of investment.

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