Woodbridge golf course to be developed into residential area

by Ephraim Vecina08 May 2017
Clubhouse Developments Inc. has announced its intention to turn part of The Country Club Golf Course in Woodbridge into a residential area “with a blend of family homes and a significant amount of green space accessible to the community.”

The comments came in the wake of the completion of RGF Real Estate Fund’s purchase of the 290-acre parcel in Humber River. Roughly one-third of the prime real estate will be developed into housing space.

“Low-rise housing inventory is down 65% year over year in the GTA. With this shortage and an 8% population increase in Woodbridge alone in the last five years, this rare land opportunity can help fulfill the growing need for desirable housing in Ontario,” RGF president John A. D’Angelo said.

“Future residents can look forward to life in the thriving community of Woodbridge, with excellent schools, business and employment opportunities; exceptional shopping, restaurants and entertainment; and easy access to the great outdoors in parks and conservation areas,” RGF stated.

No development timetable has been supplied at the moment..

Related stories:
Sales fall, listings up in Toronto
Ontario’s budget and housing

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?