Richmond Hill Grace Towns
By Grand Grace DevelopmentsRichmond Hill
39 Jefferson Side Rd, Richmond Hill, Ontario, L4E 1M1
96 homes planned
Richmond Hill Grace Towns is on hold
Get notified when new townhomes launch in Richmond Hill.
Gallery
20 photos · tap to expand
About Richmond Hill Grace Towns
Updated October 9, 2026
Richmond Hill Grace Towns — a 96-home townhouse community on Jefferson Side Road in Richmond Hill marketed by Grand Grace Developments — went into receivership on December 21, 2023. The court appointed Albert Gelman Inc. as receiver of the owners, 2011836 Ontario Corp. and Jefferson Properties LP, on the application of the lender, Cameron Stephens. About 79 of the homes had been pre-sold.
A May 27, 2024 court order allowed the receiver to terminate the freehold purchase agreements, and they were terminated. Tarion has said those buyers have no realistic prospect of recovering deposits through the receivership and should file Tarion deposit protection claims. Nothing is offered for sale.
Bought at Richmond Hill Grace? See Tarion's notice for this project and get independent legal advice for your agreement.
Looking for new towns in Richmond Hill? Register with Royale Realty for VIP access to communities that are selling.
Key Features
Quick Summary
- Type
- Townhome
- Status
- On Hold
- Price From
- Contact Us
- Occupancy
- Pre-construction
Find a Similar Project
This project is on hold — register for VIP access to new condos nearby
Related Projects
Explore the area
Richmond Hill Grace Towns reviews
No verified buyer reviews for Richmond Hill Grace Towns yet. Reviews are published after moderation, and most pre-construction buyers write theirs at occupancy.
Frequently Asked Questions
What happened to Richmond Hill Grace Towns?
The owners went into receivership on December 21, 2023, with Albert Gelman Inc. appointed receiver on the lender's application. A May 2024 court order allowed the receiver to terminate the freehold purchase agreements.
What can Richmond Hill Grace buyers do about their deposits?
Tarion has said buyers whose freehold agreements were terminated have no realistic prospect of recovering deposits through the receivership and should file Tarion deposit protection claims. Get independent legal advice for your agreement.
Can I buy at Richmond Hill Grace Towns?
No — nothing is for sale. Register with Royale Realty for new towns selling in Richmond Hill.