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Yorkville

Greybrook invested equity capital alongside developer partner Empire Communities and oversaw the planned development of the Yorkville project, a high-rise luxury condominium.

Located at the northeast corner of Yorkville Avenue and Avenue Road in the heart of Toronto’s most luxury neighbourhood, the luxury condominium site was successfully taken through a zoning approval process and sold prior to the commencement of the marketing and sales program. Greybrook Yorkville Limited Partnership investors successfully exited the investment through the realization of a property sale of the approved lands.

The sale transaction successfully closed in 2019.

Equity Investment:
$41,400,000
Asset Type:
High-Rise
Total Units:
Over 100 Luxury Suites, 40,000 sq. ft. of Commercial Space
Developer Partner:
Empire Communities
Status:
Exited
Completion Value*
$400,000,000
*Total completion value estimated at time of investment.
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Project News

140 Yorkville Approvals Received

Portfolio Updates
July 14, 2018

We are pleased to share that we have received our full approvals on our planned luxury development at 140 Yorkville Avenue. The newly approved design will reach 29 storeys high and be comprised of 100 luxury high rise condominiums units.…

140 Yorkville Designs Resubmitted

Portfolio Updates
February 16, 2017

After several discussions with the City regarding changes to the design of 140 Yorkville, Empire Communities and Greybrook Realty Partners have resubmitted the building design following the Ontario Municipal Board hearing on January 20th. The resubmitted design for a 29-storey…

BlogTO names Lower JCT & 140 Yorkville top two Toronto condos of 2016

Insights
January 4, 2017

BlogTO’s list of the top 10 new Toronto condo developments in 2016 kicks off with two Greybrook Realty Partners developments leading the way. Lower JCT. (in partnership with Castlepoint Numa) and 140 Yorkville/33 Avenue (in partnership with Empire Communities) were…

Greybrook Realty Partners Invests $17,785,000 in a Luxury Retail Redevelopment Project with First Capital Realty in Toronto, Ontario

Company News
September 21, 2016

Greybrook Realty Partners Inc. is pleased to announce the successful deployment by its managed issuer of $17,785,000 in equity to acquire a property located at 101 Yorkville Avenue, Toronto, Ontario. The property, which is co-owned with First Capital Realty Inc.,…

Heritage Toronto Plaque finds home as part of 140 Yorkville development

Portfolio Updates
May 18, 2016

One of Toronto’s most successful folk music coffee houses will be memorialized in a Heritage Toronto plaque to be placed on the historic Victorian row-house that will be saved as part of the 140 Yorkville development. The Purple Onion opened…

140 Yorkville Making Waves in the News

Portfolio Updates
March 14, 2016

The latest renderings for the Empire Communities-Greybrook Realty Partners development at 140 Yorkville Avenue have been submitted to the city for approvals, and have also prompted media buzz and quotes such as “a forest in the sky” in reference to…

Greybrook news

140 Yorkville Avenue Development Update

Portfolio Updates
February 5, 2015

The City has received a Rezoning application to construct a new 40-storey (128 metres, plus mechanical penthouse) mixed-use building with 330 residential dwelling units and retail/commercial uses in the first three storeys. A total of 284 parking spaces and 350…

Hazelton Lanes to be Re-Branded as Yorkville Village

Portfolio Updates
December 17, 2014

Flanking either side of the 140 Yorkville Avenue development project will be a newly branded shopping and entertainment centre to be known as Yorkville Village. For more detail about this exciting addition to our neighbourhood click here.    

Toronto Star Article: Peter Politis Talks 140 Yorkville

Company News
November 21, 2013

By Lucas | on August 2, 2013 | Recently, we had the opportunity to chat with Peter Politis of Greybrook Realty Partners, whom we interviewed earlier this year about Greybrook’s role in the new home building industry. This time, we…

140 Yorkville Avenue – CLOSED – $41,400,000

Company News
November 11, 2013

Provided equity capital and ongoing asset management to acquire and develop a highly-marketable site, in partnership with Empire Communities. The site is located at northeast corner of Yorkville Avenue & Avenue Road – within the node of one of the…

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