EAST OF MCGILLIVARY ROAD, WEST OF HIGHWAY 27, BETWEEN RUTHERFORD ROAD AND MAJOR MACKENZIE DRIVE, VAUGHAN
EQUITY INVESTMENT: $28,215,000
TOTAL UNITS: Over 100 single-detached and freehold townhomes
DEVELOPER PARTNERS: Castlepoint Investment Group
Greybrook invested equity capital alongside Castlepoint Investment Group and will oversee their development of the Vaughan project.
The 25-acre development site is situated east of McGillivary Road and west of Highway 27, between Rutherford Road and Major Mackenzie Drive, in Vaughan, and is expected to be developed into over 100 single-detached homes and freehold townhomes.
In addition to York Region Transit and regional GO Transit, the recently completed TTC Toronto-York Spadina Subway Extension provides subway service from the Vaughan Metropolitan Centre to downtown Toronto in approximately forty-five minutes.
COMPLETION VALUE*: $59,000,000
*Total completion value estimated at time of investment.