It’s almost time to say goodbye to Retreat Condos
This property will close on May 24 at 11:50 pm PT.
ICYMI: Retreat Condos is a a 357-unit condo development situated at the address of 3291 Kingston Rd and 2&4 Windy Ridge in Scarborough, Toronto, Ontario. The objective is to build a contemporary 11-storey residential, mid-rise condominium building within a 48-month timeframe and subsequently sell the individual units.
This is the second drop from LCH Developments, the first being The Cliffside Condos which sold out to 1181 people!
More details on the property:
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Invest in Toronto:
The Issuer:
LCH Developments, established by two driven, first-generation Polish immigrant brothers, Michal and Lukasz Wywrot, is a forward-thinking real estate development company revolutionizing the Greater Toronto Area (GTA).
This grassroots business emerged from humble beginnings in 2007 with limited resources and capital at its disposal. Through the implementation of innovative investment strategies, the brothers successfully procured an array of properties using diverse approaches such as student rentals, rent-to-own, multifamily, conversion, and buy-rent-refinance. In 2013, the brothers ventured into the domain of real estate development by constructing custom homes and townhouses. By 2017, LCH had shifted its focus to the development of high-density mid-rise buildings, prompting the pursuit of community-building initiatives and other exciting growth prospects for the company.
LCH Developments is currently completing its first major mid-rise project, “Merge Condos”, which is set to become a new iconic landmark in the growing Scarborough Bluffs skyline. With the success of this project, LCH has five other mid-rise projects with over 1,200 units in the pipeline.
What sets LCH Developments apart is the management team’s unwavering will to become a leader in the GTA development community by creating true live-work-play communities. The company’s first ‘Lifestyle Business’, Merge Spaces, a vibrant coworking hub located right next to Merge Condos in Toronto’s Cliffside Village, is a testament to this philosophy.
The Dealer:
Purchasing these securities will be conducted by Equivesto Canada Inc. (Equivesto), an Exempt Market Dealer (EMD) in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, Yukon, North West Territories, Nunavut, Prince Edward Island, Nova Scotia, New Brunswick, and Newfoundland and Labrador (ND# 63820). Equivesto and Addy Portal Corporation (addy) have entered into an agreement, pursuant to which and subject to its terms, Equivesto shall act in the capacity of an EMD for distributions facilitated by addy. This portal is operated pursuant to that agreement.
