Urbanfund Corp. is a real estate development and operating company.. The Company’s focus is to identify, evaluate and invest in real estate or real estate related projects. Its assets are located Toronto, Belleville and London Ontario. During the year ended December 31, 2008, its properties consisted of 84 suite townhouse complex located at the corner of Don Mills Road and Van Horne Avenue (the Don Mills Property), in Toronto, Ontario. The Company holds a 10% undivided interest in a 556 residential unit twin-tower apartment complex at 798 – 800 Richmond Street West, Toronto, Ontario (the Richmond Property). The Company holds a 68,866 square foot one-storey commercial shopping in Belleville property and a 16,000 square foot one-story commercial shopping centre in London property.