Cactus Estates LP
North Toronto Rezoning Project
150-160 Cactus Avenue
Toronto, Ontario
Info
Current Units: 65
Planned Units: ~465
Planned Density: ~385,000 Sq. Ft
Equity Raised: $8.65 M
In February of 2019, Cranson Capital announced that it has completed an $8.65 million capital raise for the Plaza Partners Cactus Estates LP for the purpose of rezoning a 60-unit townhouse rental complex on a 3.5-acre site in North Toronto, across the street from the City of Vaughan.
The asset is planned to be held for 3-5 years where the value is expected to rise significantly due to the high population growth and development occurring in the area.
Developer
In the Media
Cranson Capital: Plaza Partners - Cactus Estates Limited Partnership Raises $8.65 Million