Galleries

 

If you ask a condo buyer in Canada what keeps them up at night, the answer usually isn’t square footage, green design, or countertop finishes.

Continue reading “Sustainable Development: How green design is reshaping Canadian condos”

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

Previous Press Releases

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.

Continue reading “Georgian Bay Terrace: A Landmark Boutique Development in Meaford, Ontario”

Canadian families prioritize spacious, flexible, and comfortable homes. A house that has space for work and personal life. 
Continue reading “Designing Spacious and Livable Homes for Modern Families”

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

Previous Press Releases

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”