LAND ASSEMBLY FINANCING

RICHMOND HILL, ONTARIO

PROJECT SUMMARY:

The properties consist of two adjacent rectangular parcels of land, which were purchased for a total price of $6,000,000 in 2015. The property will be phase two of the developer’s two-phase stacked townhome project. The planning process is expected to take 12-14 months in order to obtain site plan approval for the 88 unit development.

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