GreyBrook logotype
Investor Login Contact Us

Towns of Cornell (Markham)

Greybrook invested equity capital alongside developer partners Tiffany Park Homes and Andrin Homes and oversaw the development of the Towns of Cornell project, a 200-unit low-rise development.

Located at the intersection of Highway 7 East and Highway 48 Road in the City of Markham, one of the fastest-growing municipalities in Ontario, the 9.7-acre parcel of land was successfully taken through a zoning approval process and 200 townhomes were sold, constructed and delivered to homebuyers. The new Towns of Cornell community offers its residents easy access to many of Markham’s urban amenities, top schools, and convenient access to major highways and transit.

The development was successfully completed in 2020.

Equity Investment:
$8,600,000
Asset Type:
Low-Rise
Total Units:
200 Freehold Townhomes
Developer Partner:
Andrin Homes, Tiffany Park Homes
Status:
Completed
Completion Value*
$110,000,000
*Total completion value estimated at time of investment.
Greybrook Project
Greybrook Project
Greybrook Project
Greybrook Project

Project News

Construction & Occupancies at Towns of Cornell

Portfolio Updates
May 11, 2020

With spring weather upon us, we decided to take a moment earlier this month and fly over our Towns of Cornell development. Our Markham townhome community with partners Tiffany Park Homes and Andrin Homes continues to move closer to being…

Majority of Homes Occupied at Towns of Cornell

Multi-media
January 20, 2020

Greybrook is pleased to announce that occupancies have continued at the Towns of Cornell, our Markham townhome project alongside partners Tiffany Park Homes and Andrin Homes.  Construction of all 22 freehold townhome blocks have been substantially complete, with over 80%…

While Construction Advances, First Home Closings at the Towns of Cornell

Portfolio Updates
June 10, 2019

Greybrook is pleased to share that with construction progressing well at our Towns of Cornell project, we have begun home closings on completed townhomes.  While framing and masonry is being completed on Block 3 and Block 6 respectively, the remaining freehold…

Towns of Cornell Construction Progress

Portfolio Updates
March 27, 2019

We are pleased to share that construction of our Towns of Cornell project continues to advance thanks to our partners Tiffany Park Homes and Andrin Homes. Progress on-site continues to advance, moving smoothly as foundation work has been completed for…

Towns of Cornell Construction Update

Portfolio Updates
December 20, 2018

We are pleased to share updated construction progress of our Towns of Cornell development in partnership with Tiffany Park Homes and Andrin Homes. Construction has commenced on all of the freehold town units, with foundation work, framing, and roofing near…

Towns of Cornell Under Construction

Portfolio Updates
September 10, 2018

We are pleased to share updated aerial photos of our Towns of Cornell development in partnership with Tiffany Park Homes and Andrin Homes. Excavation is primarily complete, with foundation work well underway on several townhome blocks and framing proceeding on…

Towns of Cornell Construction Update

Portfolio Updates
July 29, 2018

We are excited to share that our Towns of Cornell development has officially been registered as a new subdivision. The necessary building permits required to begin the foundation work were received and construction is currently well underway. Roads on site…

Towns of Cornell is now 99.5% sold out!

Portfolio Updates
June 5, 2017

We are pleased to report that since the Towns of Cornell sales program launched in November 2016, 99.5% of units are sold out! The one remaining unsold lot is temporarily on hold as a potential location for the construction site…

Towns of Cornell Approvals Continue with Strong Initial Sales

Portfolio Updates
February 12, 2017

We are pleased to report that the Official Plan Amendment, Zoning By-law Amendment and the red line revision to the Towns of Cornell Draft Plan Approval were approved by City of Markham Council on November 29, 2016. Following the above…

Towns of Cornell Friends and Family Event Causes a Stir

Portfolio Updates
November 24, 2016

With some eager guests arriving more than two hours early, it’s no surprise that our exclusive Friends and Family event for Towns of Cornell was a great success. The Tiffany Park Homes, Andrin Homes and Greybrook Realty Partners freehold and…

7128 Highway 7 Officially Branded as “Towns of Cornell”

Portfolio Updates
August 13, 2015

  Tiffany Park Homes and Andrin Homes recently announced the launch and branding of the Greybrook Markham Limited Partnership development as the Towns of Cornell development.  Under the tagline of “Live the Perfect GTA Lifestyle in South Cornell”, this community…

7128 Highway 7 in Markham – CLOSED – $8,600,000

Company News
January 16, 2015

Greybrook has provided equity capital and ongoing asset management to acquire and develop a highly-marketable site, in partnership with Andrin Homes and Tiffany Park Homes. This townhouse development is located in the heart of Markham, one of the fast growing municipalities…

All Publications

Contact us about similar investment opportunities

Contact us