In February 2017, Montcrest Asset Management (formerly known as NYX Capital Corp.) acquired 7.7 acres of land located at 12 Henderson Avenue, Brampton. The 374,000 square foot proposed development will consist of both mid-rise apartments and back-to-back, stacked townhomes providing a total of 402 residential units.
The property is located near the heart of downtown Brampton and only a 15-minute walk to the Brampton Go Station. It is easily accessible by major highways and is close to schools, parks, restaurants, and other local amenities.