NEW Private Offering: Greybrook "Yonge and Eglinton" Development – HIGH-RISE Condominium Development

E-mail alex.basso@greybrook.com for more details.

WEBINAR DETAILS: To learn more about this investment opportunity, please watch the available webinar – Click here to view

Greybrook, in partnership with Stafford Homes, is excited to present our new offering, the “Greybrook Yonge and Eglinton Limited Partnership” and “The Greybrook Yonge and Eglinton Trust”:

Opportunity to invest in the acquisition and development of a condominium development site comprised of an assembly of five homes located just steps away from Yonge and Eglinton, on Berwick Avenue, just a short walk from Eglinton Subway Station.(1)
The property is being acquired for approximately $59 per square foot and is being purchased debt free.
With a walk score of 100, the site is steps away from an array of shops, restaurants, services, and cafés on Yonge Street, the Yonge-Eglinton Centre, Farm Boy grocery store (located across the street from the project site), Eglinton and Oriole parks, and numerous other amenities to meet residents’ daily needs.(1)
In and around the Yonge and Eglinton area, only four new high-rise condominium developments have been introduced since 2021, selling at an average price of ~$1,608 PSF with prices reaching north of $1,700 PSF.(2)
The project has been underwritten based on an average sale price of $1,295 PSF, which is anticipated to enable us to achieve our target returns at a material discount, when compared to previous recent projects in the area.(3)
135% projected return on investment (ROI), which translates to a 20% projected average annual return (AAR) and a 20% projected weighted average annual return (WAAR).(4)
Estimated total term of the project: 6.75 years.(5)

Minimum investment $25,000 – available to ACCREDITED and ELIGIBLE investors.

Registered Plan Eligible (RRSP, TFSA, RESP and LIRA, among others).
With a transit score of 100, the property is within short walking distance to the future Metrolinx Eglinton Crosstown LRT line, expected to open in 2025 or shortly thereafter.(1)(6)
Stafford Homes is a long-standing Greybrook partner with a portfolio of over 20,000 homes in Canada and the United States, representing an estimated completion value of over $10 billion.(7)
This will be Greybrook and Stafford’s 9th development project together.

Greybrook investors will never be required to invest additional capital.

Greybrook is excited to continue building on our long-standing tradition of providing the highest quality development-based investment opportunities to our investors.

Sources:

google.com/maps.
Urbanation data.
This represents forward-looking information. Refer to page 2 of the attached slide presentation.
Please refer to page 23 of the attached slide presentation for a sensitivity analysis relating to projected returns. Prospective investors should also refer to page 2 of the attached slide presentation, which addresses forward-looking information and describes some of the material assumptions used in preparing the attached slide presentation.
Please refer to page 20 of the attached slide presentation for a table outlining the projected project timeline. Prospective investors should also refer to page 2 of the attached slide presentation, which addresses forward-looking information and describes some of the material assumptions used in preparing the attached slide presentation.
metrolinx.com/en/projects-and-programs/eglinton-crosstown-lrt. This represents forward-looking information. Refer to page 2 of the attached slide presentation.
Source: Stafford Management.

It is important that the information provided in this e-mail communication, including in the attached slide presentation, be read in conjunction with the Offering Memorandum of Greybrook Yonge and Eglinton Limited Partnership and The Greybrook Yonge and Eglinton Trust (the “Offering Memorandum”). Please review Schedule “A” to the Offering Memorandum for a description of the assumptions underlying the projected returns. A copy of the Offering Memorandum will be available from Greybrook Securities Inc., the lead placement agent for the offering. The Offering Memorandum will also contain a description of certain rights to damages and rescission available to certain investors in the event the Offering Memorandum contains a misrepresentation (as defined under securities legislation).

Each of Greybrook Yonge and Eglinton Limited Partnership and The Greybrook Yonge and Eglinton Trust is a “related” issuer (as such term is defined in National Instrument 33-105—Underwriting Conflicts) of Greybrook Securities Inc., because, among other reasons, they share common owners and executive managers. Investors who are considering purchasing limited partnership units or trust units should read the Offering Memorandum before making an investment decision, especially the section titled “Conflicts of Interest”.

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