INVESTOR PRESENTATION

The recent expansion of HST rebates on new homes priced up to $1.5 million, combined with slowing housing starts and new project launches across the GTA, may create a favourable environment for well-located low-rise housing developments focused on attainable family-oriented product.

On Tuesday, May 26, we are hosting an investor presentation for Cliffcrest Towns LP, a proposed 110-unit stacked townhouse development in Scarborough, with Profile Developments engaged as Developer.

The project is designed around family-oriented three- and four-bedroom homes averaging approximately $800,000 per unit (~$660 PSF), within walking distance of the Eglinton GO Station and future Eglinton Crosstown LRT extension. The project is currently in the final stages of zoning approval.