45 STRACHAN AVENUE, TORONTO
EQUITY INVESTMENT: $9,500,000
TOTAL UNITS: Over 450 residential units
DEVELOPER PARTNERS: Fernbrook Homes, Cityzen Development Group, Greybrook Realty Partners
Greybrook invested equity capital alongside Fernbrook Homes and Cityzen Development Group and will oversee their development of the 45 Strachan project.
The development site is located in the Ordnance Triangle area, on the eastern boundary of Liberty Village, adjacent to Greybrook’s Garrison Point project. 45 Strachan is expected to be developed into a 1,700-unit multi-tower, mixed-use development comprised of both residential, retail and open space components.
This will be Greybrook’s second investment into the Ordnance Triangle area and third investment in the broader Liberty Village neighbourhood. An early investor in this vibrant west-end Toronto neighbourhood, Greybrook’s King West Life development added 1,600 residential units across four towers to the immediate community.
COMPLETION VALUE*: $160,000,000
*Total completion value estimated at time of investment.