The closing date is the day on which a real estate transaction is legally finalized and ownership of the property is transferred from the seller to the buyer.
Why Closing Dates Matter in Real Estate
The closing date marks the culmination of a real estate deal. It is specified in the Agreement of Purchase and Sale and is when the buyer pays the remaining balance, and the seller provides legal title and vacant possession of the property.
On this date, lawyers for both parties complete the necessary paperwork, ensure funds are transferred, register the new title, and handle any final adjustments for taxes or utilities. The buyer also receives the keys to the property on or shortly after the closing.
A delayed or missed closing date can have serious consequences, including financial penalties, lost deposits, or even breach of contract. That’s why both parties must ensure financing, inspections, and legal requirements are satisfied well in advance.
For buyers, being prepared for the closing date means having their mortgage finalized, closing costs ready, and legal documents reviewed. For sellers, it means ensuring the property is in agreed-upon condition and that they are ready to vacate.
Example of a Closing Date
A homebuyer in Ottawa agrees to a closing date of August 15. On that day, their lawyer finalizes the mortgage funds, registers the title, and the buyer receives the keys to their new home.
Key Takeaways
The day a property officially changes ownership.
Legal, financial, and administrative processes are completed.
Requires coordination between buyers, sellers, lawyers, and lenders.
Missing it can result in penalties or legal action.
Net operating income (NOI) is the total income generated by a property after operating expenses are deducted but before taxes and financing costs.. more
Rendering of 39 Newcastle Street/TACT Architecture
One of a series of Greater Toronto Area addresses that were placed under receivership in late-2023 and early-2024 has cropped up on the City of Toronto’s development application portal, with Osmington Gerofsky Development Corp filing plans in mid-August for the site at 39 Newcastle Street. The site, which neighbours the Mimico GO station, at the southeast corner of Newcastle Street and Windsor Street, was set to be developed by the Vandyk Properties before the company fell into severe financial distress.
According to a planning report that went to the City in mid-August, Osmington’s application is on behalf of 2495065 Ontario Inc. — the single-purpose real estate entity formed by Vandyk to redevelop the site. According to a spokesperson with Osmington, the firm is only the applicant on the file and “have not taken any ownership interest.”
“The property is in the hands of the receiver. LaCaisse (formerly Otera) was the primary lender to Vandyk and thus is steering the current effort with our support as applicant,” they also said.
Meanwhile, the application is in favour of a 39-storey tower and two 42-storey towers, to be delivered over two phases. The report further specifies a total gross floor area (GFA) of around 1,139,198 sq. ft, to be divided into approximately 5,490 sq. ft of non-residential GFA (to be located at grade, at the corners of the proposed development along Windsor Street) and around 1,133,708 sq. ft of residential GFA.
Pending the City’s approval, the development is set to deliver a total of 1,578 residential units — all planned to be rental in tenure — including 79 studios, 1,033 one-bedrooms, 303 two-bedrooms, and 163 three-bedrooms, for almost a 30% share of larger family-sized units.
View at the corner of Newcastle and Windsor/TACT Architecture
The proposal calls for a total of 50,956 sq. ft amenity space “evenly split between indoor and outdoor areas.” The bulk is planned for the mezzanine level, and the rest will be provided on the ground and eighth floors. In addition, 425 vehicular parking spaces with 592 bicycle parking spaces are planned. Finally, the report explains that a new privately owned public space (POPS) is planned along Windsor Street, to be “framed by the proposed retail spaces, contributing to a vibrant, active streetscape.”
Renderings of the development prepared by TACT Architecture show the 42-storey ‘Tower A’ with a five- to seven-storey podium, the 39-storey ‘Tower B’ with a five- to seven-storey podium, and the 42-storey ‘Tower C’ with a five-storey podium. The towers encircle an internal courtyard, which are joined at the mezzanine level.
“The buildings are designed to provide appropriate transitions in height and scale to the surrounding context,” the planning report explains. “Building height is concentrated adjacent to the Mimico GO station, decreasing towards the established residential neighbourhood to the northwest. The 39-storey tower is located on the northwest of the site, with the two 42-storey buildings oriented adjacent to the Mimico GO station and rail corridor.”
View south from the POPS/
View across Windsor to the proposed POPS/TACT Architecture
“The towers have compact floor plates that are oriented to maximize sunlight into the proposed dwelling units and mitigate shadows on the surrounding area,” the report goes on to say. “To address rail safety matters, a crash wall is proposed along the south side of the building, with low-occupancy uses proposed within the rail safety buffer area, in accordance with Metrolinx’s requirements.”
As mentioned, 39 Newcastle Street was roped into receivership proceedings over several properties owned by Vandyk. The order was granted by the Ontario courts on December 12, 2023, amid allegations that LaCaisse (formerly Otera Capita) was owed around $72,945,845. The property was approved for sale in March 2024 alongside 10 other Vandyk-owned sites, with CBRE to handle the process.
Prior to the insolvency proceedings, Vandyk was seeking approvals for 22, 30, and 36 storeys with 833 residential units, according to an application filed with the City in July 2017. Although the plans were refused by city staff later that year (in October), Metrolinx announced a partnership with Vandyk in October 2018 to fund the construction costs of a revamped Mimico GO station as part of the Mimico GO Transit Oriented Community (TOC) known as Grand Central Mimico.
Grand Central Mimico extended to include 23 Buckingham Street and 315-327 Royal York Road, and 39 Newcastle Street was identified as “a future phase” of the larger project in May 2023. That all said, the receivership proceedings surrounding Vandyk led to Metrolinx terminating its TOC agreement with the embattled company in February 2024.
A rendering of the 10-storey Nexus office project planned for 220 Prior Street in Vancouver. / MCMP Architects, Keltic Development
Just a few months after California-based medical technology company Masimo backed out of its deal to purchase the Nexus office building from Vancouver-based real estate developer Keltic Development, the project has become the subject of a receivership application, according to filings in the Supreme Court of British Columbia obtained by STOREYS.
The project is set for 220 Prior Street in Vancouver, immediately west of the new St. Paul's Hospital campus currently being constructed and north of Pacific Central Station. It is planned to be a 10-storey commercial building designed by MCMP Architects with over 102,000 sq. ft of medical office space, industrial space, and retail space.
In 2022, Masimo agreed to buy the entire building for $123 million and paid a deposit of $21 million. According to the purchase and sale agreement, the construction completion deadline was set for July 31, 2025. However, earlier this year, Keltic revealed that Masimo was backing out of the agreement and pivoted to marketing the project as a strata office project with a new name: Nexus.
Construction officially commenced in August 2022, but has yet to be completed, according to court documents. The property is beneficially owned by Keltic Development through Keltic (Prior) Development Limited Partnership under 1232616 BC Ltd. — formerly known as Keltic (Prior) GP Ltd. before the name was changed in 2023. BC Assessment values 220 Prior Street at $38,487,000 in an assessment dated to July 1, 2024.
220 Prior Street
The receivership application, which has yet to be granted by the Supreme Court, was filed on August 25 by SHAPE Capital Corp, which is the real estate lending arm of SHAPE Properties, the developer behind The Amazing Brentwood and The City of Lougheed master-planned communities in Burnaby.
According to SHAPE, they entered into a mortgage agreement with Keltic Development in November 2022, later amended several times, for a construction loan facility up to $62,000,000, a letter of credit facility up to $3,000,000, and a sub-facility for work-in-progress advances. The loan was guaranteed by Keltic Canada Development Co., Keltic Group Entities (2019) Ltd., Keltic Projects Development Ltd., and DDAW Holdings Ltd., as well as Rui "Anna" Wang and Wei Guo Li, all of whom are respondents in the filing. Wang and Li are an immigrant couple from China who together founded Keltic Development in 2016.
According to court documents, the trouble at 220 Prior started to occur around the time Masimo backed out of the deal to buy the building. That announcement was made in late-January and SHAPE issued a notice of default on February 7, informing Keltic that it had defaulted by failing to inject its initial equity requirement into the project, by failing to deliver an executed supplement to their mortgage agreement, and by failing to provide the required collateral security. The court filing does not mention Masimo and it is unclear whether Masimo's decision to back out of its purchase came before or after the default.
A rendering of the 10-storey Nexus office project planned for 220 Prior Street in Vancouver. / MCMP Architects, Keltic Development
SHAPE then issued demand letters in May. The two sides reached a forbearance agreement extending enforcement until June 13, then again until July 4, when the forbearance agreement expired "without the Debtors providing the Lender with an adequately funded solution for the completion of the development of the Project."
Concurrently, SHAPE also discovered in February that Keltic had "misappropriated $3.2 million from the holdback account established for the benefit of the contractors on the Project." It then learned that Keltic made another unauthorized withdrawal in July. In August, the general contractor of the project, Syncra Construction, then issued its own notice of default, citing the unauthorized withdrawals and failure to make payments.
According to SHAPE, Keltic owed $2,148,892.57 to Syncra and $372,075.90 to BC Hydro. To avoid serious construction delays, SHAPE then advanced $2,520,968.47 to Syncra and BC Hydro on August 18. SHAPE says it is owed $61,905,222.01 as of August 25, with interest continuing to accrue.
River Garden
Complicating the matter further is that Keltic Development also provided a property it owns in Richmond as security for the 220 Prior Street mortgage. This property is referred to as the River Garden lands and consists of 5900 No. 2 Road, 6191 Westminster Highway, 6311 Westminster Highway, and 6751 Westminster Highway in Richmond.
STOREYS reported in February that Keltic Development was gauging market interest in the aforementioned River Garden lands, which together with 6651 Elmbridge Way make up a 27-acre industrial property called the Brighouse West Business Park that Keltic acquired from QuadReal Property Group in 2021 for $300 million. Keltic has been planning to redevelop the site.
Notably, SHAPE says that a mortgage was registered on the property on May 13, 2025. Details of this mortgage were not provided, but SHAPE says that Keltic has also defaulted on this mortgage. Furthermore, SHAPE says that the owners of the River Garden lands, 1319188 BC Ltd. and Keltic (River Garden) Development Ltd., also served as guarantors for the 220 Prior Street mortgage.
The 27-acre Brighouse West Business Park in Richmond. / Google Earth
Although Keltic has defaulted on the River Garden mortgage and also provided the property as security for the 220 Prior Street mortgage, SHAPE is seeking to appoint a Receiver over just the 220 Prior Street property. The lender also notes that "Syncra has stated its intention to cease work on the Project if the misappropriated funds are not returned to the holdback account."
As the project is already nearing completion, if the receivership application is granted, the Receiver will most likely work towards completing the project rather than selling the project as a whole. However, as Masimo had the building tied up until earlier this year, Keltic has not had much time to secure presales and the market for strata office units is not what it once was, adding to the challenge of resolving this situation.
STOREYS has reached out to Keltic Development for comment but has not received a response as of publishing.
Elsewhere in Metro Vancouver, Keltic Development is currently undertaking the big redevelopment of REVS Bowling at 5502 Lougheed Highway in Burnaby. In 2022, Keltic also acquired 4444-4488 Kingsway in Burnaby for $145 million, where it has proposed two high-rise towers. Also in Burnaby, it is currently nearing completion on the 30-storey O2 Metrotown condo tower at 6620 Sussex Avenue, which is expected to complete construction in 2026.
Clockwise from top centre: Donny van Dyk, OpenForm Properties, Laura Ferguson, Michael Brimer, Paris Lavan, Beedie
Despite troubled times in the market, the real estate industry and adjacent sectors continued to tough it out and many companies — big and small — continued to hire or promote from within.
The most notable of them all, perhaps, was the City of Vancouver hiring Donny van Dyk as its new City Manager, less than two weeks after parting ways with Paul Mochrie. (The short timeline is now under investigation.) Meanwhile, companies like Conwest Developments, Prologis, Townline, OpenForm Properties, and Beedie all filled some important leadership positions.
Here are all the people who changed jobs or received promotions last month.
Development and Construction:
Erin Elliott has joined Conwest Developments as Chief Financial Officer.
Matthew Brock has joined Prologis as VP, Investment Officer, Vancouver, after over eight years at Bosa Properties.
Michael Brimer has joined Townline as VP of Construction.
Ryan Williams has joined Anthem Properties as Director of Construction.
Asli Yilmaz Yetkin has been promoted to Director of Development at OpenForm Properties.
Paris Lavan has joined Beedie as Director of Leasing, after over 11 years at JLL.
Julien Kuehnhold has been promoted to Senior Development Manager at Anthem Properties.
Brendan Djambazov has been promoted to Manager of Acquisitions and Financial Analyst at OpenForm Properties.
Mitchell Walter has joined Chard as Senior Investment Analyst, Asset Management, after over a year at Wesgroup.
Sam Zheng has joined QuadReal as Analyst, Global Portfolio Management.
Jesse McCallum has been promoted to Property Manager at Morguard.
Tolga Tosun has joined Beedie as a Senior Property Accountant.
Dazle Gumaboa has joined Marcon as a Development Coordinator.
Kole Macmillan has joined WCPG Construction as Development Coordinator.
Dante Roman Caballero has been promoted to Construction Project Coordinator at Northland Properties.
Chelsea Nicholson has been promoted to Building Energy Manager at the BC Non-Profit Housing Association.
Saleh Lavaee has joined Creative Energy as Manager of Regulatory Affairs.
Sign up for our newsletters for weekly updates on hirings, promotions, and job vacancies. To spotlight a new hire or an open position that needs to be filled, email: advertising@storeys.com.
Clockwise from top left: David Cogliano, Chadwick Westlake, Bryce M. Lee, Kiran Penumala, Heather Grey-Wolf, and Doug Rollins
Like our ever-changing cities and towns, Ontario's real estate and development landscape (and the people who make it run) are also ever-changing. From new hires and retirements to promotions and partnerships, here are all the notable moves you should know about from June.
Notable moves from last month include Heather Grey-Wolf being named Chief Investment Officer at Infrastructure Ontario, Doug Rollins being announced as Executive Director of the City of Toronto’s Housing Secretariat, and David Cogliano being promoted to Partner and Executive Vice President of Tercot Communities.
Development:
David Cogliano has been promoted to Partner and EVP of Tercot Communities.
Jeffrey Lum has joined Peakhill Capital as Managing Director of Corporate Development.
Miguel Santos has been promoted to Director of Construction Operations at Fitzrovia.
Archie Mahalingam has been promoted to Director of Digital Buildings & Systems at QuadReal Property Group.
Liam Rodrigues has been promoted to Senior Associate, Private Equity at Fengate Asset Management.
Brokerages:
Royal LePage has announced that Carolyn Cheng has retired as Chief Operating Officer, while Kelly McCain has been promoted to VP of Services Delivery and Development, David Piaia has been promoted to VP of Brokerage Technology & AI Enablement, Anne-Elise Cugliari Allegritti has been promoted to VP of Research and Communications, and Stefani Penner has returned as VP of Agent Growth, Development & Success.
Ama Joppa has started as an Associate VP at Colliers, and Dan Berdusco has been promoted to Associate Director.
Heather Grey-Wolf has been named Chief Investment Officer at Infrastructure Ontario.
Kiran Penumala has joined the Building Ontario Fund as Managing Director of Investments.
Doug Rollins has been announced as Executive Director of the City of Toronto’s Housing Secretariat on a permanent basis.
Investment:
Bryce M. Lee has joined Oakbank Capital as Director.
Richard Marques has started as Portfolio Manager and Senior Wealth Advisor at Harbourfront Wealth Management, and Paul Polyviou has started as Associate Portfolio Manager and Senior Wealth Advisor.
William Xu has joined IMCO as a Real Estate Analyst.
Other:
Matt Livingstone has been promoted to VP of Business Development at RentSync.
Heigh O’Reilly has joined LandLogic as Chair of the Board of Directors.
Sign up for our newsletters for weekly updates on hirings, promotions, and job vacancies. To spotlight a new hire or an open position that needs to be filled, email: advertising@storeys.com.
This article was written and submitted by Shadi Adab, an urban designer and planner with nearly 20 years of experience working on projects across Ontario.
Urban planning and urban design are often treated as separate disciplines, with one viewed as strategic and regulatory, and the other as aesthetic and subjective. But this idea of these professions operating independently of each other is doing real damage to how we shape our communities. In Ontario, the state of this divide has been highlighted by recent legislation, most notably Bill 17: Protecting Ontario by Building Faster and Smarter Act, 2025.
The title sounds reassuring. Who wouldn’t want to build faster and smarter? However, in practice, Bill 17 continues a trend of stripping away critical layers of oversight, with the most recent being the design review, all in the name of expediency. While it aims to streamline approvals and facilitate housing delivery, it fails to safeguard the long-term quality, livability, and resilience of what gets built, and the value that those considerations bring to buildings and places.
Urban planning sets the policy direction, land-use frameworks, and infrastructure strategies that guide development. But these frameworks do not build communities on their own. It is urban design that gives these plans their human shape, translating density into livable forms, growth into walkable neighbourhoods, and housing targets into real homes with streets, parks, and public life.
You can plan for complete communities on paper. But if you fail to integrate urban design, what gets built may be technically compliant, but spatially and socially dysfunctional. Poor transitions, inactive frontages, lifeless public spaces, and disconnected blocks are not minor issues; they are design failures that affect residents’ daily experience, mental health, mobility, and sense of belonging for generations to come.
And here is the critical distinction: bad design can rarely be easily fixed. A flawed site plan, an inaccessible layout, or a sterile streetscape can persist for 50 or 60 years, long after the legislation has been superseded by the next government. Unlike policies that can be revised or repealed, poorly designed development is permanent. And when it’s done on a large scale, it sets back entire generations.
This is why Bill 17 is so alarming. The tools that Bill 17 is eliminating at an early stage of development are not bureaucratic delays; they are there to ensure that greenfield development and intensification result in livable, coherent places. Weakening them in the name of speed is not just short-sighted; it denies local government the ability to fulfil its responsibility of upholding matters of Provincial Interest under Section 2 of the Planning Act, particularly Sections 2(q) and (r), which speak directly to design.
In my nearly 20 years as an urban designer, trained in both architecture and urban planning, I’ve seen how powerful it is when design and planning work hand in hand. I’ve also seen what happens when they don’t. No matter how visionary a plan may be, if it doesn’t include design from the start, it risks becoming a series of disconnected buildings rather than a functioning community.
Design is not a luxury or an aesthetic flourish. It is the interface between policy and people. It is how a plan becomes a place. It is how public investment translates into social and economic value. And it is essential, especially now, as we embark on one of the most rapid and ambitious phases of growth in Ontario’s history.
Bill 17 reflects a political appetite for speed. But if we are serious about building communities that are inclusive, sustainable, and enduring, we need more than speed; we need design leadership. Urban planning provides the strategy. Urban design ensures we don’t regret how we delivered it.
Let’s stop treating urban design as optional. If we want to build smarter, we must also make better decisions, and that means putting design back where it belongs: at the very heart of planning and decision-making.
On a quiet lot in Toronto’s Oakwood Village, a modest mid-century bungalow is getting a second life.
The old roof has been torn off. Two new storeys are going up. Out back, what used to be a detached garage will soon be something else entirely: a compact, self-contained home. When all is said and done, that single-family house will have become five: four generously sized three-bedroom rental suites, plus one garden suite tucked neatly at the rear of the property. It’s not just a renovation — it’s a rethink.
As housing demand soars and affordability dwindles, Toronto’s “missing middle” has gone from planning lingo to urgent priority. It’s a term used to describe the low-rise, multi-unit housing that sits between single-family homes and condo towers; think duplexes, triplexes, fourplexes. The kind of housing that doesn’t overwhelm a streetscape, but still creates room for young professionals and starter families to live in the city. For years, zoning laws made building them almost impossible. But today, that’s changing. And Plexcon is leading the way in building the next generation of homes.
The Oakwood Village project is a sharp example of what the future could look like. The original structure was a typical one-storey bungalow with a basement suite — certainly livable, but also certainly under-utilized. Plexcon helped the homeowner transform it into a four-unit main building, each with its own entrance, and each spanning some 1,000 sq. ft. Two of those units are stacked townhome-style layouts, with bedrooms upstairs and living spaces down — ideal for renters who want the feel of a ground-level home without the cost. This spaciousness is intentional, and it’s also of-the-moment: with Toronto’s small-studio saturation, the multiplex approach is shifting towards larger units for young families, providing a cost-effective solution to the need for increased square footage.
Finally, behind the main house, the former garage is being converted into a 400 sq. ft garden suite, adding a fifth rental without pushing the limits on zoning or triggering costly variances.
plexcon.ca
This kind of density might have been unheard of even a few years ago, but recent citywide policy changes now allow up to four units on a residential lot, plus a fifth via a laneway or garden suite. The goal is to quietly and efficiently scale up the city’s housing supply in already livable neighbourhoods. For investors and homeowners alike, it’s a rare overlap of public interest and private opportunity.
Plexcon, though, has long been ahead of the curve.
The company started as a custom home builder, but has spent the last several years leaning heavily into multiplex conversions. This focus has included top-ups, interior reconfigurations, rear extensions, and backyard suites. And the company isn't just tackling construction — they handle design, permitting, and energy compliance too. That means working within zoning boundaries to avoid delays, coordinating phased permits to reduce development charges, and aligning with CMHC’s MLI Select energy-efficiency standards to help projects qualify for favourable financing.
Importantly, Plexcon builds with budget top of mind. While the concept of a custom home (or custom anything) may feel luxurious, bringing this type of vision to life doesn’t have to break the bank. Plexcon’s approach aims to generate max asset equity and cash flow without a heavy sunk cost.
The Oakwood build, for example, includes upgraded electrical service, individual heat pumps for each unit, above-code insulation, and high-performance windows. The construction has been designed to yield long-term value through cash flow, energy savings, and asset appreciation. In short, it's a win-win-win.
As multiplex conversions gain traction across Toronto, Plexcon’s early focus in this space has positioned the company as a go-to for real estate investors looking to scale their portfolios — and for homeowners ready to tap into the full potential of their lots.
More than 145 residential rental suites have already been completed under Plexcon's guidance.
As the city continues to shift its stance on what housing should look like, companies like Plexcon aren’t just following the trend — they’re laying its foundation.
To learn more and get a free quote, visit plexcon.ca.
351-377 Marlee, 2-6 Romar, and 265-269 Viewmount/Graziani + Corazza Architects
A development application recently filed with the City of Toronto is seeking to transform a two-storey commercial and retail strip plaza into a 39- and 36-storey mixed-use project that would deliver over 900 residential units to the Yorkdale-Glen Park neighbourhood. The plans were filed in late July on behalf of Tonlu Properties in favour of an Official Plan and Zoning By-law Amendment application.
If approved, the development would require the demolition of the existing strip plaza, which is currently occupied by several at-grade businesses with six residential rental units above, which are proposed to be replaced. Once complete, the project would contain 899 condo units, with the remainder being rental replacement units, alongside 8,105 sq. ft of retail space at grade.
The 1.36-acre site is located at 351-377 Marlee Avenue, 2-6 Romar Crescent and 265-269 Viewmount Avenue, just west of William R. Allen Road. As the site is within walking distance of TTC Line 1's Glencairn Station and serviced by several bus routes on the TTC’s “10-Minute Network," it sits within an area designated to become a Protected Major Transit Station Area.
Tonlu's application joins a growing number of proposals for intensified development in the area, as planning policies have increasingly encouraged growth around transit stations like Glencairn Station. Notable projects include DiamondCorp's proposed 38- and 40-storey complex one block south at 15-19 Romar Crescent and Osmington Gerofsky Development Corp's proposed 40-storey tower at 250 Viewmount Avenue.
Designs for the proposed development come from Graziani + Corazza Architects and depict a dynamic, largely glass exterior with jutting balconies that create a crosshatch pattern. The six-storey podium would be clad in a brown brick veneer.
351-377 Marlee, 2-6 Romar, and 265-269 Viewmount/Graziani + Corazza Architects
The site is shown organized with the podium forming an east-facing 'C' shape, with 39-storey Tower A in the north and 36-storey Building B in the south. In the middle, a 11,291-sq.-ft outdoor amenity courtyard is proposed with a mix of plantings and hardscaping, and that would connect to a 4,348-sq.-ft indoor amenity space.
Inside, the ground floor would feature three retail units fronting onto Marlee Avenue, while the residential lobby would be accessed from Viewmount Avenue. Additional amenity space would be found in a floor-spanning, contiguous indoor/outdoor space on level six, resulting in a total of 19,816 sq. ft of indoor amenity space and 23,336 sq. ft of outdoor amenity space for the building.
A total of 905 residential units would be divided into 83 studio units, 505 one-bedroom units, 200 two-bedroom units, and 117 three-bedroom units, and residents would have access to 222 vehicle parking spaces and 1,007 bicycle parking spaces accessible across two levels of underground parking.
Once completed, the proposed development would deliver much-needed new housing within walking distance of a higher-order transit station, while providing retail at grade and replacing rental housing.
Tucked away in the heart of King Township’s horse country, Kincora Farm is more than a property — it’s a self-contained retreat where design, craftsmanship, and landscape come together in beautiful harmony.
Spread across five acres of rolling land, 13825 8th Concession unfolds as both a functional equestrian facility and a polished country residence.
At its centre is a beautifully renovated bungalow that seems to invite the outdoors in, thanks to oversized windows that frame lush gardens, paddocks, and long views across the property.
Inside, the home balances comfort and sophistication. The main living and dining area is anchored by a dramatic floor-to-ceiling fieldstone fireplace, a nod to timeless rural design, while an English-inspired study with built-in bookshelves offers a refined retreat. At the heart of the home, the chef’s kitchen combines natural stone counters, top-tier appliances, and a bright solarium addition — a space where morning light floods in, setting the stage for both quiet breakfasts and lively entertaining.
The primary suite serves as a sanctuary, complete with vaulted ceilings, dual walk-in closets, and a spa-like ensuite. The soaker tub overlooks the property’s greenhouse, underscoring the home’s seamless dialogue between indoors and out. Additional living areas, including a guest suite with a Murphy bed and a cozy family room, add flexibility for visiting family and friends.
Of course, what sets Kincora Farm apart is its wealth of amenities beyond the main home. The grounds are meticulously landscaped, with mature perennial gardens and a naturalized pool area that radiates charm and leisure. A one-bedroom guest cottage, nestled between the pool and barn, adds to the effortlessness of entertaining.
Equestrian enthusiasts will find the property’s facilities provide everything needed for their equine companions. A five-stall barn, large paddocks, and a 60ft x 140ft indoor arena (with its own gated drive and 4 extra stalls) allow for serious riding or boarding opportunities — though the arena can also double as secure car storage or various sports facilities, extending the estate’s versatility. Completing the picture is a greenhouse with brick herringbone floors, adding a touch of old-world elegance.
The property’s equestrian facilities elevate Kincora Farm into a class of its own. The five-stall barn and professional indoor arena give the estate real-world functionality, while the option to adapt the space for alternative uses — from car storage to private events — makes it feel as versatile as it is beautiful.
Located less than an hour from Toronto, and just minutes from some of the region’s most respected schools, this property serves the rare chance to embrace a lifestyle that blends rural escape with elegance and ease.