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Yorkville III (138 Yorkville)

Greybrook invested equity capital alongside First Capital Realty Inc. and is overseeing the development of our Yorkville III project branded “138 Yorkville”.

Located at 138 Yorkville Avenue in Toronto, the development site, which will boast a collection of private residences, is conveniently situated just north of Toronto’s core on the coveted corner of Avenue Road and Yorkville Avenue, in the iconic Yorkville neighbourhood. Known as one of Toronto’s most cosmopolitan neighbourhoods, Yorkville boasts an enclave of prestigious designer boutiques, gourmet eateries, and internationally acclaimed art galleries and has established itself as Canada’s leading luxury destination and a pre-eminent centre of cultural vibrancy and unparalleled allure.

The site’s premier address will offer future residents convenient, full access to a district of culture and luxe living with high-end amenities, highly sought-after art galleries and museums, as well as major attractions−including Yorkville Village Shopping Center and Hazelton Lanes−all within walking distance. Its highly accessible location will connect residents to the downtown core in under ten minutes and is a short drive from major highways including the Don Valley Parkway and the 401.

Equity Investment:
$38,750,000
Asset Type:
High-Rise
Total Units:
Over 60 Ultra-Luxury Residences
Developer Partner:
First Capital
Status:
Active
Completion Value*
Over $1,200,000,000 Billion
*Total completion value estimated at time of investment.
Greybrook Project
Greybrook Project
Greybrook Project

Project News

138 Yorkville Welcomes Internationally Acclaimed Fashion Designer Gaurav Gupta

Portfolio Updates
October 21, 2025

138 Yorkville, our ultra-luxury development in partnership with Cityzen and First Capital, recently hosted internationally acclaimed designer Gaurav Gupta for an exclusive showcase at our presentation gallery. Gaurav, celebrated for his sculptural silhouettes and red-carpet couture, presented a curated selection…

Luxury Lifestyle Magazine Robb Report Spotlights Forthcoming 138 Yorkville

Portfolio Updates
December 20, 2024

Our ultra-luxury residence, 138 Yorkville, was profiled in an exclusive feature with Robb Report. The piece offered a glimpse into what is set to become an address that redefines luxury—where architectural precision and timeless interiors blend to offer an extraordinary…

Greybrook’s 140 Yorkville project featured on Urban Toronto

Portfolio Updates
March 25, 2020

We are excited to share that our Yorkville III project, located at 140 Yorkville Avenue, was featured in a recent Urban Toronto article.  With our latest development plans unveiled in a rezoning application submitted to the City of Toronto last…

140 Yorkville Development Plans Revealed

Portfolio Updates
March 19, 2020

We are thrilled to announce that in collaboration with our partners, First Capital REIT, the Zoning By-Law Amendment Application for the redevelopment our 140 Yorkville property has been submitted to the City of Toronto. Situated in the northeast corner of…

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