On February 15, 2022, Minto Communities GTA announced that it acquired a Master-Planned Community in Toronto’s Mimico neighbourhood for a total of $129M.
WeirFoulds represented the vendor, Freed Grand Park Development Inc., with a team consisting of Partner Patrick Nugent and Associate Talia Rotman.
The Mimico neighbourhood site is called Grand Park Village and will have approximately 6 towers, 32 stories and 1824 suites. Located at Royal York Rd and The Queensway the site is moments from the city’s highly sought-after amenities including the Mimico GO Station, Gardiner Expressway, Kipling and Islington Station, CF Sherway Gardens, Big Box Stores and much more.
WeirFoulds is pleased to have assisted Freed Grand Park Development Inc. in this transaction.
To learn more about WeirFoulds’ Commercial Real Estate practice, click here.