FOR IMMEDIATE RELEASE
AvranceCorp Developments Announces Bold Expansion to Deliver 7,000+ Residential Units Across Ontario
Toronto, Ontario — OCTOBER 2 — AvranceCorp Developments, a next-generation Canadian real estate developer with over $4 billion in projects under management, today announced its ambitious pipeline of more than 7,000 residential units currently in planning and development across Ontario.
Founded in 2016 by CEO Samuel Babs, AvranceCorp has grown from a family-led business rooted in urban planning expertise to one of Canada’s fastest-emerging development companies. With a focus on innovation, affordability, and community impact, AvranceCorp is redefining how residential communities are built and financed.
“Our mandate is clear: build sustainable housing that balances profitability with affordability,” said Babs. “While many developers in the Greater Toronto Area are pricing families out of the market, AvranceCorp is committed to moderate profit margins of 30–50%, ensuring our investors achieve strong returns while families access attainable housing.”
Highlights of the AvranceCorp Portfolio
• Weston & Sheppard (“Luxe Horizon”): A master-planned community of five towers with 1,800 units overlooking Humber River green space.
• Wasaga Beach “Lux” Project: 392 purpose-built rental units addressing high-growth rental demand in Georgian Bay.
• Springbank, London: Mixed-use community integrating townhomes and mid-rise rentals.
• Georgian Bay Terrace, Meaford: 150-unit development reshaping the waterfront.
• 3100 Weston Road, Toronto: A multi-phase community featuring stacked townhomes, condominiums, and rental towers.
Commitment to Innovation
AvranceCorp is also investing in AI-driven real estate technologies, pioneering a platform to transform presales, financing, and investor access to property markets worldwide. This disruptive approach positions the company at the intersection of real estate and technology, creating new opportunities for global investors.
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
Investor Relations Director and PR
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888