Davies Smith - The Onyx

Rising high on a firm foundation

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Davies Smith builds high-rise condos renowned for their sophistication and convenient amenities. The 353-unit Onyx Condominium and Loft complex is a 35 story work of art in the Mississauga Town Centre, close to everything that matters to the downtown dweller.

  • Onyx was our second inventory loan for Davies Smith.
  • At $5.9 million, it represents a 77% LTV on 25 unsold units and facilitated repayment of the construction loan.
  • It provided an equity take-out and allowed for the orderly sale of the remaining Onyx units over the next 12 months.

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Expert management team with more than 100 years of industry experience... Long-standing relationships with key industry stakeholders... Solid base of institutional and private investors.

We proudly support Sick Kids Hospital and the Yonge Street Mission.
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