As the largest city in Canada, Toronto is a thriving metropolis with a current population exceeding 2.7 million and continuing to grow. Projections suggest that Toronto will require an additional 259,000 new homes by 2031 to accommodate its expanding population. However, it is anticipated that the city will only be able to provide around 157,800 new homes, resulting in a shortfall of over 100,000 homes. This scarcity is expected to intensify demand for existing housing, leading to heightened real estate values and rental rates.
Toronto stands as a global city, celebrated for its robust economy and high living standards. Internationally recognized as the most diverse and multicultural city in the world, Toronto is also a hub of innovation with the second-largest financial center and one of the fastest-growing tech sectors in North America. Hosting three esteemed universities—University of Toronto, Toronto Metropolitan University, and York University—further solidifies its reputation as a center of academic excellence.
With an extensive transportation network, Toronto ensures seamless connectivity. Services such as subway transit, UP Express, streetcars, GO Transit, Eglinton LRT (Light Rail Transit), Billy Bishop Airport, and easy access to Pearson International Airport provide residents with convenient options for commuting.
Toronto boasts a dynamic downtown core, iconic landmarks like the Rogers Centre and Scotiabank Arena, cultural events such as the CNE and Budweiser Stage at Ontario Place, sporting venues like BMO Field, and major shopping destinations like CF Toronto Eaton Centre. Nestled by Lake Ontario to the south, Toronto offers a plethora of dining options with thousands of restaurants, making it a city with a diverse and vibrant lifestyle.
Graywood Developments, with a legacy dating back to 1985, stands as a highly reputable developer. Over three decades, Graywood has contributed to the development of more than 31,100 housing units across various asset classes, including residential lots, low-rise housing, mid- and high-rise condominiums, hotels, and retirement residences, with a total value surpassing $8.3 billion. Currently, Graywood has over 6,000 units (5.2 million sq. ft.) under development, representing a value exceeding $4.3 billion.