1045 THE QUEENSWAY, TORONTO
EQUITY INVESTMENT: $6,670,000
TOTAL UNITS**: Over 280 residential units, 7,500 sq ft of commercial space
DEVELOPER PARTNER: Marlin Spring Developments
Greybrook invested equity capital alongside Marlin Spring Developments and will oversee their development of the project at 1045 The Queensway, Toronto. This project is an expansion of an existing project with Marlin Spring on the adjacent parcel of land located at 1049 the Queensway, which was acquired in 2017. The combined project is expected to yield over 280 residential units and more than 7,500 square feet of commercial space.
Located southwest of downtown Toronto, the development site is situated in the flourishing south Etobicoke region and is surrounded by an abundance of commercial amenities. Conveniently located near the Gardiner Expressway and Highway 427, the site also provides easy access to a number of public transit nodes including Kipling and Islington TTC stations, and Mimico GO Station.
COMPLETION VALUE*: $140,000,000**
*Total completion value estimated at time of investment.
** Combined total with Queensway I