This is a special opportunity to make an equity investment into a two-tower high-rise condominium development site located at 40-60 St. Lawrence Avenue, Etobicoke, Ontario. This will be Greybrook’s 14th residential development project with Marlin Spring, a long-standing partner with whom they are developing the neighbouring property along The Queensway.
Average Annual Return
Attractive Opportunity to invest in a Prime Asset
Greybrook and Marlin Springs plan to build a two-tower condominium with one 29 storey tower and one 34 storey tower on a four-storey shared podium with a total of 775 units averaging ~583 SQ. FT. per unit.
Adding Value in a Growing Market
Situated within the Greater Toronto Area / Greater Golden Horseshoe, the condominium will provide much needed residential units in a region with restrictive land use policies. Additionally, the region boasts strong population growth with a diversified workforce economy.
Developer & Builder with Stellar Track Record
Greybrook Realty Partners is a leading real estate private equity firm with a $30+ billion portfolio in estimated completion value. As an experienced active asset manager, Greybrook will perform the lead role in acquisition, execution and completion of the project. Greybrook will partner with developer Marlin Springs and Queenway IV will be their 14th collaboration. Collectively, their body of work represents an impressive 4,200 residential units completed or currently under development across the GTA with an expected completion value of ~$3.4 billion.
Maximize returns: TFSA/RRSP eligible and 0% fees
This opportunity is available to accredited and eligible investors alike. With a target annualized return of 20%, an equity investment can be made in a LP or a Trust. Investors in the Trust can leverage tax advantages by using registered funds such as TFSA or RRSP. For a limited time, Parvis will be foregoing all investors fees to prioritize investor returns. Grow your wealth with us.