Fairview Towns

Scarborough Low-Rise Development

2771-2773 Victoria Park Avenue
Scarborough, Ontario


Info

Total Units: 64

Equity Raised: $7.25 M

Estimated Investment Horizon: 4 Years

In 2023, Cranson Capital Securities Inc. launched a $7.25M capital raise for the Fairview Towns Limited Partnership with Profile Developments to build a community of stacked townhomes in Scarborough on Victoria Park Avenue and Huntingwood Drive. Profile intends to develop 64 residential units in a 4-storey stacked townhouse project.

Zoning, site plan and demolition approvals were successfully secured in 2024. The developer plans to demolish the existing building on the site in March 2025.

Pre-sales are expected to commence in Q2 2025 and construction is expected to start in Q4 2025.

The developer plans to start construction in Q4 2025.

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