MIDDLE ROAD & WILLIAM FAIR DRIVE, BOWMANVILLE
EQUITY INVESTMENT: $7,300,000
TOTAL UNITS: 153 single-detached homes
DEVELOPER PARTNER: Treasure Hill
Greybrook invested equity capital alongside Treasure Hill and will oversee their development of the Durham project branded "Orchard West."
The site is located between Liberty Street and Regional 57 Road at Middle Road and Concession Road 3 in the town of Bowmanville, and is expected to be developed into a low-rise residential development comprised of 153 detached single-family homes. Orchard West offers a relaxing lifestyle at the many parks, golf courses and conservation areas in the surrounding landscape. The site is also 5 minutes away from Downtown Bowmanville, where residents can enjoy nearby amenities including schools, restaurants, banks, shops, annual festivals and more. With the new Highway 407 extension, Orchard West will conveniently connect to the rest of Southern Ontario seamlessly.
COMPLETION VALUE*: $110,000,000
*Total completion value estimated at time of investment.