1049 THE QUEENSWAY, TORONTO
EQUITY INVESTMENT: $10,030,000
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 1049 The Queensway, Toronto.
Located in the City of Toronto’s rapidly growing south Etobicoke region, the development site is well-connected with quick access to the Gardiner Expressway and Highway 427, and a number of public transit nodes including Kipling and Islington TTC stations and Mimico GO Station. Nearby amenities include 400 acres of recreational and natural green space at High Park (Toronto’s “Central Park”), the Humber Bay Park along the waterfront, the newly expanded CF Sherway Gardens, as well as popular retail chains, restaurants and the Cineplex Odeon Queensway Cinemas.
COMPLETION VALUE*: $140,000,000**
*Total completion value estimated at time of investment.
** Combined total with Queensway II