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Hamilton

Greybrook invested equity capital alongside Castlepoint Investment Group and Andrin Homes, and is overseeing their development of the Hamilton project.

The development site is expected to be developed into a master-planned community located in Hamilton, Ontario. The city has become a highly sought-after housing market. More homebuyers are looking to migrate from the Greater Toronto Area (GTA) to more affordable single-family homes in Hamilton. In 2014, Hamilton had the tightest housing market in the country with the lowest supply-demand gap among major Canadian cities.

Equity Investment:
$21,800,000
Asset Type:
Low-Rise
Total Units:
Master-planned community comprised of over 900 Units
Developer Partner:
Castlepoint Investments, Andrin Homes
Status:
Active
Completion Value*
$400,000,000
*Total completion value estimated at time of investment.

Project News

Hamilton Pier 8 Proposal Approved by City

Portfolio Updates
August 6, 2018

In June, the City of Hamilton approved the Waterfront Shores Corporation’s Pier 8 proposal as the preferred proponent for the waterfront revitalization of Hamilton’s West Harbour. Historically utilized for industrial and commercial purposes, the West Harbour redevelopment has already seen…

Serviced Lot Values in Hamilton Increased Dramatically Since Our Acquisition

Portfolio Updates
November 16, 2017

When Greybrook originally invested in our Hamilton site with Castlepoint Development Group and Andrin Homes, serviced lot values in the area were a fraction of their current value. Serviced lots are construction-ready parcels of land that have been rezoned, have…

Greybrook’s Glanbrook, Hamilton Project to Benefit from $1 Billion in Hamilton Area Transit Improvements

Portfolio Updates
June 8, 2015

The province of Ontario announced May 26th that it will provide $1.2 billion towards the development of a light-rail transit system and the extension of existing GoTransit service within Hamilton. The LRT system will extend from McMaster University to Queenston…

Glanbrook, Hamilton Residential Development – CLOSED – $21,800,000

Company News
May 4, 2015

Greybrook Securities Closes $21,800,000 Equity Financing for Residential Development in Partnership with Castlepoint Development Group and Andrin Homes. Greybrook Securities Inc. and Greybrook Realty Partners Inc. are pleased to announce the successful closing of a $21,800,000 equity private placement of…

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