1060, 1106 BURNHAMTHORPE ROAD WEST, OAKVILLE
EQUITY INVESTMENT: $17,390,000
DEVELOPER PARTNER: Cityzen Development Group, Tercot Communities
Greybrook invested equity capital alongside Cityzen Development Group and Tercot Communities, and will oversee their development of the Oakville project.
The 20-acre development site is located within the planned Glenorchy neighbourhood of the New Communities of Oakville, expected to house 50,000 people, create nearly 35,000 jobs, and include residential, commercial, employment, institutional and natural open spaces. Situated in Oakville’s north end, this area is one of the last remaining areas designated for residential development within the Town.
Exit Value*: $45,000,000
*Total completion value estimated at time of investment.