

Cliffcrest Towns LP
Scarborough Low-Rise Development
5-11 Bellamy Road South, Scarborough, Ontario
In May of 2020, Cranson Capital raised and invested $8.4 million into the Huntingdale Towns Limited Partnership and entered a Development Management Agreement with Profile Developments (formerly known as Map Group) to build townhomes near the intersection of Finch Avenue East and Pharmacy Avenue. Five blocks consisting of 81 freehold townhomes are being built on a 1.76-acre site close to several amenities including a park, shopping, and public transit. The homes will feature 2, 3 and 5 bedroom units ranging between 1,048 and 5,062 square feet.
Construction is progressing and the units are expected to be ready for occupancy between Q2 and Q3 2025, as each of the five blocks are completed.
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“Missing Middle”
Demand for family-sized attainable units (3+ bedrooms) remains high across the GTA, yet new supply is constrained. Most new condo developments focus on smaller 1- and 2-bedroom units, while homes with 3+ bedrooms are rare. Stacked townhomes offer an ideal bridge between affordability and functionality for families and downsizers.
Why Townhomes Make Sense In Current Market
Townhome developments offer compelling advantages in today’s market. They are highly cost-efficient, avoiding the need for underground parking and using wood construction, which results in significantly lower hard costs compared to mid-rise or high-rise buildings. Shorter build timelines—often as fast as 18 months—not only reduce borrowing costs but also attract end-user buyers seeking quicker occupancy. Townhomes deliver attractive pricing with lower per-foot purchase costs and faster delivery to market. They provide spacious, family-oriented housing options with 2-, 3-, and 4-bedroom layouts, ideal for first-time buyers, families, and downsizers. Additionally, townhome projects typically achieve faster zoning approvals, as they have less community impact and align well with government housing priorities.
Experienced Developers with a Proven Track Record
Profile Developments is led by a team of multi-generational real estate entrepreneurs with over 40 years of combined experience in real estate and construction across the GTA and Southern Ontario. The management team has successfully delivered projects spanning land development, condominiums, hotels, and townhomes, with a particular focus on mid-density housing that bridges the gap between low-rise and high-rise living. All Profile projects to date have included mid-rise buildings, traditional townhomes, and stacked townhomes. By managing planning, financing, and construction under one roof, Profile streamlines the development process and ensures consistent execution from concept to completion.
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The site is located in Scarborough and is surrounded by low-rise single detached homes to the north, east, and west, along with several nearby public amenities and shopping plazas. Most of the housing stock in this neighbourhood was built before 1960, giving the area an established residential character. Approximately 46% of residents rent their homes, while 55% are homeowners. This is a highly transit-oriented location, within walking distance of Eglinton GO Station and the upcoming Eglinton Crosstown LRT, which will feature two stations nearby: Eglinton GO and Mason Station at Eglinton Avenue and Mason Road.
Gross Floor Area: ~141,540 Sq. Ft
Total Units: 54
Status: Raising
Maximum Remaining Offering: $4,800,000