Joint Venture Investment Opportunity

MSR Holdings has identified and secured an investment opportunity to construct a new multi-story boutique condo development on the corner of Yonge Street and Benson Avenue in Richmond Hill.
INVESTMENT HIGHLIGHTS
  • Anticipated 10 floor project subject to planning approval
  • Precedence set with multiple neighbouring builds to support a minimun of 8 floors
  • In line with the Richmond Hill’s official plan to encourage residential builds in the vicinity of transit locations
  • Centrally located between Elgin Mills and Major Mackenzie Road
  • Within 1 block distance from the Go Train and bus station
  • Steps away from Yonge Street town centre
  • 2 year project plan to start building pending city planning approval
  • Further 2 years from planning approval to complete the build
  • Unit sales would commence within year 2 of the 4 year project