Greybrook invested equity capital alongside Fieldgate Homes and Redwood Properties and will oversee their development of the Durham IV project.
Located on the intersection of Trulls and Pebblestone Roads in Clarington, Durham, the development spans over 54 acres of scenic landscapes and the Greenbelt Natural Heritage system to the north and east. Once developed, the project will produce over 90 lots of freehold townhomes and 260 lots of single detached homes.
The close proximity to Oshawa, Bowmanville, and Darlington Provincial Park, as well as a short drive away from the cottage country, allows Durham IV to have a perfect combination of small-town country charm and urban city living. The community is well-situated in the heart of the region, with a direct connection to Highway 2 and 401 and easy access to the 407 and 400 highway series system, and served by GO Transit and Durham Region Transit.
Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $19,360,000 to acquire and oversee the development of a parcel of land located in Courtice, Ontario. Together with its developer partners, Fieldgate…