Category: Ontario

AvranceCorp Developments partners with Lumbao Architects to elevate its Georgian Bay Terrace project

AvranceCorp Developments, a leader in cutting-edge real estate development, is proud to announce its strategic partnership with Lumboa Architects, renowned for their innovative and sustainable architectural designs.

 

This collaboration represents a significant milestone in the development of future projects that aim to redefine urban living spaces through cutting-edge design, sustainability, and community-centered development.

 

With a shared commitment to excellence and forward-thinking design, the partnership will leverage the expertise of both companies to deliver visually striking, environmentally sustainable, and functionally superior spaces that meet the needs of modern communities.

 

Starting with AvranceCorp Developments’ Georgia Bay Terrace project in 2020, Lumbao Architects took over as the principal architect and primarily assisted with the finalization of the site plan approval process. They will also assist with managing the development of the Georgian Bay Terrace through to completion.

 

“At AvranceCorp, we believe in creating developments that not only meet the needs of today but also anticipate the needs of tomorrow,” AvranceCorp vice chairman and acting CEO Ravi Thakur explained. “Our partnership with Lumboa Architects represents a shared vision of building smarter, more sustainable urban spaces that improve the quality of life for their inhabitants. Together, we are committed to delivering design solutions that are both innovative and environmentally responsible.”

 

Founded in 2017 and primarily led by principal architect Rommel A. Lumbao, Lumbao Architects is a member of the Ontario Association of Architects, the Royal Architectural Institute of Canada (RAIC), and the Architectural Institute of British Columbia. The team consists of architects, designers, engineers, building technologists, and project managers with over 25 years of experience in the fields of construction, management, engineering, and architecture.

 

 

About Lumboa Architects

Founded in 2017, Lumboa Architects is an award-winning architecture firm that specializes in sustainable, forward-thinking design. With a focus on creating functional, environmentally conscious spaces, Lumboa Architects has earned recognition for its innovative use of materials, energy-efficient design, and creative approach to integrating architecture with the natural environment. Their portfolio includes residential, commercial, and civic projects that prioritize both aesthetic appeal and practical functionality.

 

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact

 

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
📧 kenai@avrancecorp.com
📞 647-368-8888

 

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AvranceCorp Developments partners with Eringate Homes on its Georgian Bay Terrace and Springbank Lux projects

TORONTO, ONTARIO — DECEMBER 9, 2025 — AvranceCorp Developments announced a strategic partnership with Eringate Homes to co-develop two premier residential communities: Georgian Bay Terrace, a luxury waterfront-inspired development near Georgian Bay, and Springbank Lux, a nine-storey luxury residential project in London, Ontario.

 

This collaboration brings together two respected builders known for quality craftsmanship, design innovation, and community-focused development. AvranceCorp Developments and Eringate Homes share a common vision: to create communities where architectural excellence meets exceptional livability.

 

“Our collaboration with Eringate Homes marks an exciting chapter in AvranceCorp’s growth,” said Ravi Thakur, Vice Chairman and Acting CEO of AvranceCorp Developments. “These projects reflect our mutual dedication to delivering homes that enrich everyday life and stand the test of time. Together, we’re shaping communities that blend modern amenities with natural and cultural surroundings.”

 

Eringate Homes, a privately held Toronto-based property development and construction firm founded in 2016, brings more than 40 years of combined industry experience to the market. The company’s expertise spans residential and commercial construction, industrial, and infrastructure projects. As the general contractor for AvranceCorp, Eringate Homes will oversee key phases of construction for both developments.

  • Georgian Bay Terrace: A five-story boutique residence with 150 luxury suites located at 1 Legion Road in Meaford, Ontario.
  • Springbank Lux Condos: A nine-storey luxury residential project featuring 175 condo suites, 11 luxury townhomes, and four ground-floor commercial units. Currently in pre-construction, it is situated within walking distance of the scenic Thames River and just eight minutes from downtown London, Ontario.

Forward-Looking Statements

This release may contain forward-looking statements relating to the future performance of the Georgian Bay Terrace project. Such statements involve risks and uncertainties, and actual results may differ materially due to various factors including regulatory changes, construction timelines, and market shifts.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact

 

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
📧 kenai@avrancecorp.com
📞 647-368-8888

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Wasaga Lux Condos: A Modern Community Minutes from Ontario’s Most Iconic Beach

TORONTO, ONTARIO – MAY 1, 2022 – AvranceCorp Developments, a Tarion-licensed Canadian real estate developer with a growing Ontario portfolio, proudly announces Wasaga Lux Condos, a signature mid-rise community designed to bring contemporary living to one of Ontario’s most desirable resort towns.

 

Situated just five minutes from the world-famous Wasaga Beach shoreline, Wasaga Lux Condos offers the best of both worlds; a tranquil, nature-rich setting with quick access to waterfront recreation, shopping, and dining.

 

Wasaga Lux represents our vision for a connected, sophisticated, and sustainable community,” said Samuel Babarinde, CEO and Founder of AvranceCorp Developments. “We’re building modern homes that reflect the spirit of Wasaga; vibrant, community-driven, and surrounded by natural beauty – while keeping lifestyle convenience at the forefront.”

 

Modern Living, Naturally Connected

 

Planned as part of a larger master-planned vision, Wasaga Lux Condos will feature two contemporary mid-rise buildings offering approximately 392 residential suites. Residents will enjoy resort-inspired amenities, modern design, and seamless integration with the surrounding environment; including nearby nature trails, forested green space, and scenic views of the Nottawasaga River area.

 

With proximity to Collingwood, Blue Mountain, and Highway 26, Wasaga Lux provides effortless access to recreation and essential amenities, appealing to retirees, professionals, and families seeking long-term value in a growing, Four-season destination.

 

A Legacy of Community-Driven Development

 

AvranceCorp Developments continues to expand its footprint across Ontario with communities emphasizing affordability, sustainability, and thoughtful urban design. Its portfolio includes developments in Ottawa, Meaford, London, and the Greater Toronto Area, each focused on long-term community and investor value.

 

“Every AvranceCorp project begins with purpose,” added Babarinde. “We aim to create spaces that enhance the lifestyle and economy.”

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact

 

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

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T City Townhouse and Condos Phase I and II — A Landmark Multi-Tower Investment Opportunity in North York

TORONTO, ON — OCTOBER 22, 2025 — AvranceCorp Developments (“AvranceCorp” or “the Company”), a Tarion-licensed real estate developer based in North York, Ontario, is pleased to announce T City Townhouse and Condos Phase I and II.

The development represents a significant expansion of the company’s T City mixed-use community and a compelling investment opportunity in one of the Greater Toronto Area’s most promising urban growth corridors.

“The plan for the first phase is on the way, which is townhouses,” AvranceCorp CEO and founder Samuel Babarinde said. “It could be 50 units, full townhouses, or 125 unit stacked townhouses on the south side of the property. Proceeding with 5 towers on the north side of the property, which could average 2,400 units.

“It’s going to be a lot of affordable housing through this project,” Babarinde clarified. “We have partnered with the city of Toronto to offer 20 per cent of the total unit as affordable housing. We’re going to be working with different non-profits as well, and we’re going to be offering a lot of exciting incentives to the public to enable the public to gain access to this development. We look to dedicate about three towers for rental, and the last two towers, as phase three, will be dedicated as condos.

“The essence of the entire development is to provide affordable housing both in terms of rental, and in terms of ownership, condominium to the public.”

Major New Development for a Growing Corridor

T City Condos Phase II will feature approximately 2,400 modern condominium suites across multiple towers, forming a dynamic and well-connected community that integrates residential, retail, and green spaces.

Strategically located near transit routes, the Humber River, and key arterial roads, the project offers residents urban accessibility while maintaining proximity to natural surroundings.

“T City Phase II represents a strategic growth opportunity for AvranceCorp and our investment partners,” Babarinde added. “With its scale, prime location, and alignment with Toronto’s demand for connected, livable condominium communities, we believe this project will deliver strong equity growth and sustainable returns over its development cycle.”

Project Highlights

  • Developer: AvranceCorp Developments (Tarion Licensed)
  • Project Type: Multi-tower condominium community with mixed-use elements
  • Location: 3100 Weston Road, North York, Ontario (Weston Rd. & Sheppard Ave intersection)
  • Number of Units: Approx. 2,400 residential suites
  • Current Status: OPA & Zoning Application (Pre-construction)
  • Estimated Occupancy: To be determined

Investment Strengths

Prime Location and Connectivity
Situated in North York’s evolving Weston Rd. & Sheppard Ave. corridor, the project benefits from robust transit access, strong neighborhood infrastructure, and ongoing municipal investments in housing and transportation.

Scale and Market Reach
The large-scale, multi-tower design enables a mix of unit types and price ranges, appealing to first-time buyers, investors, and downsizers alike — while also achieving cost efficiencies and resilience to market fluctuations.

Demand Alignment
The GTA continues to experience sustained demand for suburban condominium living in well-connected, transit-oriented areas. T City Condos Phase II is designed to meet that need, combining urban amenities with community-oriented design.

Design and Community Vision

The development will feature a blend of modern architecture, professionally landscaped public areas, and resident-focused amenities. Retail and commercial spaces at street level will bring added vibrancy to the neighborhood, while the community’s variety of suite layouts — including studio, one-bedrooms, and two-bedrooms with dens — ensures wide market appeal.

“We are committed to executing with quality, transparency, and efficiency,” Babarinde explained. “T City Condos Phase II reflects AvranceCorp’s long-term vision of building thriving, sustainable communities while delivering strong value for all stakeholders.”

Next Steps

T City Condos Phase II is currently undergoing municipal review, with detailed design and site planning underway. Marketing and pre-sales are expected to launch following key approvals, with construction to proceed in phased stages.

Forward-Looking Statements:
This release may contain forward-looking statements relating to the future performance of the T City Townhouse and Condos Phase I and II projects. Such statements involve risks and uncertainties, and actual results may differ materially due to various factors including regulatory changes, construction timelines, and market shifts.

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

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Springbank Lux: A Landmark Boutique Condominium Project in London, Ontario

TORONTO, ONTARIO – DECEMBER 20, 2021 – AvranceCorp Developments, has announced its latest residential development, Springbank Lux, a nine-storey boutique condominium and townhome community located at 464 Springbank Drive in London, Ontario.

Set in the heart of London’s rapidly expanding west end, Springbank Lux will deliver a carefully curated mix of approximately 175 condominium suites, 11 luxury townhomes, and four ground-floor commercial units, blending urban convenience with contemporary design and riverside tranquility.

Construction is scheduled to begin in Spring 2026, with occupancy anticipated in 2028.

“Springbank Lux represents our commitment to creating thoughtfully designed communities that bring together architecture, livability, and long-term value,” AvranceCorp Developments CEO and founder Samuel Babarinde explained. “London is a city on the rise, and this project is a defining step in our expansion across Ontario’s high-growth urban markets.”

Each residence at Springbank Lux has been designed with modern living in mind — offering spacious open-concept layouts, premium finishes, floor-to-ceiling windows, and private balconies that take full advantage of the area’s natural beauty. Amenities are expected to include a fitness centre, indoor pool, lounge and entertainment areas, landscaped courtyards, and concierge service, establishing a new benchmark for boutique living in London.

Located just minutes from downtown London, the Thames River, and major transit corridors, Springbank Lux is ideally positioned to offer residents both serenity and connectivity. The project appeals to a broad range of homebuyers — from professionals and young families to investors seeking strong long-term growth potential in one of Ontario’s most dynamic housing markets.

“Springbank Lux is designed to reflect AvranceCorp’s ‘concept-to-creation’ philosophy — integrating every phase of development under one vision to ensure excellence, efficiency, and sustainability,” AvranceCorp vice president and partner Ravi Thakur added. “This development will be a cornerstone in London’s continued urban evolution.”

AvranceCorp is currently engaging with pre-construction investors and strategic partners as part of its development rollout. Early response to the project has been highly positive, with significant interest from both end-users and investors drawn to London’s strong economic fundamentals and the project’s boutique scale.

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

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Georgian Bay Terrace: A Landmark Boutique Development in Meaford, Ontario

TORONTO, ONTARIO – JANUARY 1, 2020 – AvranceCorp Developments Inc., one of Ontario’s emerging leaders in real estate development, is pleased to announce the upcoming launch of Georgian Bay Terrace, a premier five-storey boutique residential development located at 1 Legion Road in Meaford, Ontario.

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AvranceCorp Developments Unveils Smart Living at Georgian Bay Terrace Powered by Rogers 5G and 1Valet Technology

TORONTO, ONTARIO — DECEMBER 5, 2022 – AvranceCorp Developments, a Toronto-based real estate development firm, is redefining modern living at its to bring advanced smart living to its Georgian Bay Terrace project in Meaford, Ontario.

Continue reading “AvranceCorp Developments Unveils Smart Living at Georgian Bay Terrace Powered by Rogers 5G and 1Valet Technology”

AvranceCorp Developments Presents Georgian Bay Harbour

TORONTO, ONTARIO – FEBRUARY 26, 2024 — AvranceCorp Developments (“AvranceCorp” or “the Company”) proudly announces major progress on its flagship waterfront project, Georgian Bay Harbour, a purposefully designed mixed-use residential and commercial community located in the heart of Meaford, Ontario.

As the first development of its scale in Meaford, Georgian Bay Harbour represents a defining milestone for both the company and the town — setting a new standard for sustainable, design-driven waterfront living along the southern shores of Georgian Bay.

A Visionary Community at the Water’s Edge

The Georgian Bay Harbour site has been carefully guided through each stage of development, balancing architectural integrity, regulatory compliance, and market demand. The project received zoning approval in December 2023.

Project Overview

  • Project Name: Georgian Bay Harbour
  • Location: 23 & 37 Trowbridge Street East, Meaford, Ontario
  • Suite Count: 100 Residential Units + Ground-Floor Commercial

Investment Highlights

Waterfront Scarcity Premium:
Set along the Bighead River, with direct access to Georgian Bay, the project capitalizes on one of Ontario’s most limited and desirable real estate asset classes, which is waterfront property.

Small-Town Growth Dynamics:
The Grey County region, led by Meaford, continues to experience strong im-migration driven by remote work, early retirement, and lifestyle-focused living. Georgian Bay Harbour is strategically positioned for the demand for modern housing in a walkable, high-amenity setting.

Zoning and Risk Mitigation:
With zoning approval secured, the project now carries a significantly reduced entitlement risk compared to early-stage developments, offering investors greater confidence and predictability.

Multi-Channel Revenue Potential:
The inclusion of ground-floor and retail space creates an additional layer of value, generating potential ongoing cash flow while supporting local economic vitality.

Design, Livability, and Community Integration

Architecturally, Georgian Bay Harbour blends traditional lakeside aesthetics with modern amenities and thoughtful site design. The development includes:

  • A professionally landscaped public courtyard along the Bighead River.
  • Flood protection engineering incorporating a +two-metre elevation for all structures to enhance resilience and insurability.
  • Green roof terraces, benches, and active public spaces promoting community interaction.
  • Seamless integration with downtown Meaford, placing residents within walking distance of shops, restaurants, schools, and medical facilities

Capital Strategy and Timeline

  • Land Acquisition: March 2021
  • Zoning Approval: December 2023
  • Site Plan Approval: 2026
  • Construction Financing: Targeted before 2027
  • Construction Start: Anticipated 2027
  • Occupancy: Targeted for Q4 2030

AvranceCorp continues to welcome qualified investment partners, joint venture participants, and pre-sale allocation partners aligned with its commitment to sustainable growth and long-term value creation.

Leadership Commentary

“Georgian Bay Harbour is not only a beautiful waterfront development — it’s a transformational project for Meaford,” said Samuel Babarinde, Founder and CEO of AvranceCorp Developments. “As the first project of its size in this community, we are proud to be setting a precedent for quality, walkability, and design excellence. With zoning and site plan approvals secured, we’re excited to bring this vision to life and deliver lasting value for both homeowners and investors.”

Forward-Looking Statements:
This release may contain forward-looking statements relating to the future performance of the Georgian Bay Harbour project. Such statements involve risks and uncertainties, and actual results may differ materially due to various factors including regulatory changes, construction timelines, and market shifts.

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

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