39 Newcastle Street Project Details
39 Newcastle Street Condos is a flagship component of the Grand Central Mimico master-planned community, a transformative 55-acre “urban village” designed to be South Etobicoke’s most significant transit-oriented hub. Under the renewed leadership of Osmington Gerofsky Development Corp, the project features three soaring towers (rising 39 to 42 storeys) and over 1,500 proposed units. This development seamlessly blends modern luxury with the historic charm of Mimico, offering residents a sophisticated lifestyle just footsteps from the Mimico GO Station.
REGISTER TO GET PRICING FOR 39 Newcastle StreetReasons to Buy*
POPULATION INCREASE & ECONOMIC OUTLOOK Etobicoke is located on the western edge of Toronto and is one of the city’s fastest-growing regions. Toronto is home to over 2.7 million people and is projected to require 259,000 new homes by 2031. Current estimates suggest only 157,800 units will be provided. This massive shortage of over 100,000 homes ensures a permanent supply-demand imbalance. This fundamental metric will ultimately drive up demand for existing housing, leading to increased real estate values and rental rates for years to come. |
ELITE CONNECTIVITY & TRANSPORTATION 39 Newcastle Street is a “Commuter’s Dream,” offering one of the most connected addresses in the Greater Toronto Area. Residents are mere steps from the station, providing a rapid, stress-free 15-minute commute to Union Station and the Financial District. Etobicoke is serviced by Highways 427 and the Gardiner Expressway, seamlessly connecting residents to all major GTA arteries. The area is a transit powerhouse, home to the UP Express, MiWay, TTC Bus and Streetcar Transit, and multiple Subway Stations, making it incredibly easy to get anywhere you need to go. |
LOCATION, LOCATION, LOCATION: THE BEST OF ETOBICOKE Living at 39 Newcastle Street means being at the center of the Mimico Regeneration Area, where billion-dollar investments are transforming the urban landscape. Residents enjoy quick access to Downtown Toronto, the CNE, Budweiser Stage, and Billy Bishop Airport. To the south, Lake Ontario offers scenic views and waterfront trails. Minutes from Sherway Gardens and Humber College, tapping into a consistent pool of professional and academic demand. Experience Toronto’s largest public park, spanning 399 acres with hiking trails, sports facilities, a dog park, and a zoo, all within easy reach. |
REPUTABLE DEVELOPER EVOLUTION While originally part of the VANDYK Group’s vision, the project has transitioned to Osmington Gerofsky Development Corp, bringing renewed stability and scale to the Grand Central Mimico master plan. The VANDYK Group is a well-established developer recognized for delivering high-quality residential and mixed-use projects across the GTA with a focus on sustainable development. Now leading the advancement of the site, Osmington Gerofsky is focused on delivering a high-density, transit-centric rental and condo village that enhances neighborhood appeal and resident satisfaction through long-term community building. FAQ* Following the VANDYK Group’s restructuring, Osmington Gerofsky Development Corp has officially taken the lead in advancing the site. In late 2024 and throughout 2025, new plans were filed to increase the project’s scale to three towers (up to 42 storeys) and approximately 1,578 units, primarily focusing on rental tenure to address the city’s housing shortage. This evolution ensures the completion of a critical piece of the Grand Central Mimico master-planned vision. Yes, exclusive Platinum VIP incentives are available for the new phases of development. These typically include first access to floor plans and VIP pricing, capped development levies, and assignment rights. Additionally, select investors may qualify for 1 year of free property management and leasing services to ensure a turn-key experience. To secure the latest floor plans and VIP pricing for the upcoming launch, contact the My Investment Brokers team. The primary driver is its direct proximity to the Mimico GO Station. Properties within walking distance of major transit hubs historically appreciate faster than the market average and maintain higher rental demand. As part of an all-inclusive, 55-acre master-planned community, residents aren’t just buying a unit; they are investing in a future-proof “urban village” with on-site retail, grocery stores, and over 15 acres of parkland. |
39 Newcastle Street Quick Facts*
Developer: VANDYK Group
Address: 39 Newcastle Street, Etobicoke
Nearest Intersection: Newcastle Street and Royal York Rd
Pricing: TBA
Occupancy: TBA
Storeys / Suites: 36 Floors // 730 Suites
Suite Types: TBA
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structures:
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
MIB Incentives*
Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements



