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TORONTO, CANADA – OCTOBER 9, 2025 – AvranceCorp Developments, a Canadian real estate leader with over $4 billion in active projects, is proud to share its story — one that began with knowledge and determination and has grown into a transformative force shaping the future of real estate in Canada and beyond.

The Founder’s Journey

The roots of AvranceCorp Developments trace back to Samuel Babarinde, who graduated from London Metropolitan University in 2006. Inspired by his father, a professor in urban planning, Samuel entered the world of real estate straight out of university. He had no financial capital, only knowledge, determination, and a vision to create something enduring.

In 2016, Samuel founded AvranceCorp Developments. With resilience and focus, the company began carving a place in the market. In 2020, AvranceCorp completed its first major acquisition, proving that expertise and vision could translate into tangible results despite financial barriers.

Where We Are Today

From those humble beginnings, AvranceCorp has grown into a Toronto-based developer with a $4 billion portfolio and a pipeline of more than 7,000 residential units. Its developments span multi-phase master-planned communities, high-rise condominiums, purpose-built rentals, and mixed-use projects across Ontario, including Toronto, Ottawa, and Wasaga Beach.

AvranceCorp has built a reputation for taking on complex development challenges and transforming them into opportunities that generate value for both investors and communities.

Where We’re Heading

Looking forward, AvranceCorp has a clear pathway to create 34,000 purpose-built rental units under a REIT platform, designed to deliver long-term, sustainable wealth for investors while addressing Canada’s growing demand for housing.

This vision is supported by:
• Technology Integration – Leveraging AI to strengthen investor engagement, streamline sales, and enhance customer service.
• Global Expansion – Laying the groundwork for projects in the UK, Africa, and beyond.
• Community Focus – Building inclusive, sustainable housing solutions, including 55+ communities and mixed-use neighborhoods.

Executive Commentary

“AvranceCorp was built not on wealth, but on knowledge and determination,” CEO and founder of AvranceCorp Developments Samuel Babarinde said. “From graduating in 2006 to founding the company in 2016, and making our first acquisition in 2020, every step has been about building with purpose. Today, with $4 billion in projects and a clear strategy to deliver 34,000 rental units under REITs, we are committed to creating long-term, sustainable wealth for our investors while addressing one of the most pressing needs of our time: housing.”

The Legacy Ahead

AvranceCorp’s story reflects resilience, ambition, and vision. What began as a founder’s dream built on academic knowledge is now becoming one of Canada’s most ambitious real estate platforms. With billions under development and a roadmap for 34,000 rental units, AvranceCorp is positioned to deliver both strong returns and lasting community impact for decades to come.

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a portfolio exceeding $4 billion and more than 7,000 residential units in active development. Founded in 2016 by Samuel Babarinde, AvranceCorp continues to expand its footprint in Ontario and beyond, with a long-term vision of creating 34,000 purpose-built rental units under REITs to drive sustainable investor wealth and community growth.

Media Contact

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

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TORONTO, ONTARIO — November 20, 2025 — AvranceCorp Developments premiered AvranceCorp Presents, where guest “The Canadian Food Professor” Dr. Sylvain Charlebois discussed Health Canada and cloned meat, one of the hot topics in the Canadian food and agriculture sector.

Charlebois is the senior director at the Agri-Food Analytics Lab at Dalhousie University and is also the co-host of The Food Professor podcast.

“To be honest, I’m a bit surprised by this whole story to be honest,” Charlebois explained to AvranceCorp Presents host Kenai Andrews. “I wrote an op-ed on Oct. 29 so a few weeks ago, basically stating what I was hearing in the industry. Health Canada is about to or has approved the commercialization of meat products, coming from offspring of cloned animals.

“It’s not the cloned animals per se, but its offspring, like babies, essentially.”

“What I was hearing is that Health Canada is considering these products as novel,” Charlebois added. “And when you look at the scientific literature, it is true that if you eat a conventional piece of meat, beef or pork, and a cloned piece of beef or pork, you wouldn’t be able to tell the difference. It’s true.”

“However, in the era of transparency and consumer trust, I thought that perhaps Health Canada would consider seriously to label these products. Well, it actually got worse. Not only that Health Canada is not looking at enforcing a mandatory rule around labelling for cloned meat, but it’s also not planning to send out a press release for media, to let media know what’s happening.

“Probably because they knew that people would not react appropriately.”

Predictably, the issue has generated a lot of online debate towards Health Canada.

Charlebois discussed several topics of concern to homebuyers, homeowners, and even builders on the episode, including his thoughts on the narrowly passed Canadian federal budget and its impact on the food and agricultural industry.

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp YouTube channel. Click here to watch the entire episode and for more content.

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

Previous Press Releases

TORONTO, ONTARIO — OCTOBER 9, 2025 — AvranceCorp Developments, Tarion-licensed real estate developer, is partnering with the City of Toronto via an official agreement to deliver 480 new affordable housing units at its 3100 Weston Road location.

Continue reading “AvranceCorp partners with City of Toronto and its 2020-2030 Action Plan to Deliver 480 Affordable Housing Units at 3100 Weston Road”

TORONTO, ONTARIO – OCTOBER 16, 2025 – AvranceCorp Developments announced the launch of a revolutionary real estate marketplace designed to eliminate the systemic failures that have plagued the housing market in recent years.

Continue reading “AvranceCorp Innovation: Ending Deposit Defaults and Market Instability”

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”

TORONTO, ONTARIO – October 28, 2025 — AvranceCorp Developments (“AvranceCorp” or “the Company”), a Tarion-licensed Canadian real estate developer with a growing portfolio across Ontario and the United States, is finalizing its new corporate headquarters at 2810 Matheson Boulevard East, in Mississauga, Ontario.

Continue reading “AvranceCorp Developments Set to Expand With New Corporate Headquarters”

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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TORONTO, ONTARIO – OCTOBER 15, 2025– AvranceCorp Developments, a real estate development firm based in Ontario, announced the appointment of Jason Macintosh as its new Chief Financial Officer (CFO). Mr. Macintosh will oversee AvranceCorp’s financial operations across Ontario and emerging markets.

Mr. Macintosh BComm, MBA, CPA, CGA, is a results-driven professional with over 25 years of comprehensive finance experience. In his previous role as CFO and Corporate Secretary for Canadian gold development company Stllr Gold Inc., Mr. Macintosh provided strategic leadership of accounting and finance operations, established robust policies and controls, and supported the company’s continued growth and significant exploration efforts in Ontario and the Northwest Territories.

“We’re excited to welcome Jason to our executive team,” AvranceCorp Developments CEO and founder Samuel Babarinde said. “His integrity and deep expertise in financial management and strategic planning will be invaluable as we continue to expand our operations and strengthen our market position.”

“Jason’s extensive experience in financial operations and accounting management make him the ideal CFO to help us deliver excellence at every stage of our developments,” AvranceCorp Developments executive vice president and partner Ravi Thakur added.

“I’m honored to join AvranceCorp Developments at such an exciting time in its growth,” Mr. Macintosh said. “I look forward to collaborating with the leadership team to build on the company’s success and deliver strong financial outcomes that support its long-term vision.”

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

Previous Press Releases