Cranson Capital Securities Inc. has successfully raised $6.5 million for the development of the Oakville Garden Towns, a new townhouse community in partnership with Brightstone Developments in Kerr Village, Oakville.

Information on the Target

Cranson Capital Securities Inc. recently announced the successful completion of a $6.5 million capital raise for the Oakville Garden Towns Limited Partnership (the "LP"). This funding is intended to facilitate the development of a new townhouse community in collaboration with Brightstone Developments, located at 109 Garden Drive, close to downtown Oakville.

The LP has successfully secured a prime 1.23-acre site in the vibrant Kerr Village neighborhood. The planned development will comprise 42 freehold townhomes, including 36 back-to-back units and 6 row townhomes. These homes will range in size from approximately 1,700 to 3,000 square feet, with anticipated pricing around $1.6 million and sales expected to launch in 2026.

Industry Overview in Oakville

The real estate sector in Oakville, Ontario, benefits from a unique mix of urban and suburban characteristics. As part of the Greater Toronto Area, Oakville has seen robust demand for housing