CONCESSION ROAD 8 & COUNTRY ROAD 14, COLGAN
EQUITY INVESTMENT: $12,775,000
TOTAL UNITS: Over 300 single-detached homes and townhomes
DEVELOPER PARTNERS: Tribute Communities
Greybrook invested equity capital alongside Tribute Communities and will oversee their development of the Colgan II project.
The development site is a 98-acre parcel of land located in Colgan, Ontario, expected to be developed into over 300 single-detached homes and townhouses. This parcel is adjacent to the Colgan I development site and is well positioned to create a larger overall community and capture the strong demand for housing product in the area.
Colgan is a growing region north of the Greater Toronto Area adjacent to the rapidly expanding community of Tottenham, and is within South Simcoe County, one of the fastest growing regions in Ontario according to the MLS Home Price Index.
Completion value*: $200,000,000
*Total completion value estimated at time of investment.