The Hawthorne
Gorman Park Purpose Built Rental Development
130 Gorman Park Road
Toronto, Ontario
Info
Building Size: 168,000 Sq. Ft.
Total Units: 171
Equity Raised: $8 M
Estimated Completion Value: $112.3 M
In May of 2021, Cranson Capital raised and invested $8 million into the Pinemount Gorman Park Limited Partnership. The LP will enter a development management agreement with Pinemount Developments to build a purpose-built rental in North York. Located at Sheppard Avenue West and Gorman Park Road, the development site offers connectivity with nearby transit stations, shops, schools, and amenities in North York’s desirable Clanton Park neighbourhood. The development project will consist of a single building with 170 apartment units with commercial space on the ground floor and underground parking.