12942 YORK DURHAM LINE, STOUFFVILLE
EQUITY INVESTMENT: $3,450,000
TOTAL UNITS: Over 90 freehold townhomes
DEVELOPER PARTNER: Cityzen Development Group, Tercot Communities
Greybrook invested equity capital alongside Cityzen Development Group, Tercot Communities, and will oversee their development of the Stouffville II project.
The development site is situated in the Town of Whitchurch-Stouffville, and is expected to be developed into a residential townhome community. The Town of Whitchurch-Stouffville, located just north of Markham, is the third fastest growing community in Canada and has experienced a notable residential boom in recent years.
COMPLETION VALUE*: $60,000,000
*Total completion value estimated at time of investment.