SOLD OUT

Toronto Apartment Portfolio

Opportunity to invest in a 19-building, 95-unit multi-family portfolio in Toronto, ON.

Property Highlights

  • Estimated 12.6% Internal Rate of Return (IRR)(details in section 2.2 of Offering Memorandum)
  • 19 Buildings
  • 95 Units
  • Sits on two acres of land across two city blocks
  • It is 99% occupied
  • Units consist of 76 two-bed units and 19 one-bed units

You can review all of the due diligence done on the property within your account.

Estimated IRR Explained

We estimate a 12.6% Internal Rate of Return * on this property. Here are the key numbers to explain how me make this estimate.

Property Cost

$48M
Total Cost

$291,000
addy Portion

Renovation Cost

$12.5M
Total Estimated Cost

$76,000
addy Portion
Funded through
45% debt and 55% equity

Sell Price

$97M
Total Estimated Proceeds

$588,000
addy Portion

EQUITY RAISED

$33M
Total Project Equity

$200,000
addy Subscription

AVAILABLE FOR DISTRIBUTION

$63.75M
Total Estimated Project Distribution

$361,000
Estimated Distribution to addy Subscribers

ESTIMATED INTERNAL RATE OF RETURN

12.6%
Pre Tax

Property Cost

$48M
Total Cost

$291,000
addy Portion

Renovation Cost

$12.5M
Total Estimated Cost

$76,000
addy Portion
Funded through 45% debt and 55% equity

Sell Price

$97M
Total Estimated Proceeds

$588,000
addy Portion

EQUITY RAISED

$33M
Total Project Equity

$200,000
addy Subscription

AVAILABLE FOR DISTRIBUTION

$63.75M
Total Estimated Project Distribution

$361,000
Estimated Distribution to addy Subscribers

ESTIMATED INTERNAL RATE OF RETURN

12.6%
Pre Tax

Property Cost

$48M
Total Cost

$291,000
addy Portion

Renovation Cost

$12.5M
Total Estimated Cost

$76,000
addy Portion

Sell Price

$97M
Total Estimated Proceeds

$588,000
addy Portion
Funded through 45% debt and 55% equity

EQUITY RAISED

$33M
Total Project Equity

$200,000
addy Subscription

AVAILABLE FOR DISTRIBUTION

$63.75M
Total Estimated Project Distribution

$361,000
Estimated Distribution to addy Subscribers

ESTIMATED INTERNAL RATE OF RETURN

12.6%
Pre Tax

Property Cost

$48M
Total Cost

$291,000
addy Portion

Renovation Cost

$12.5M
Total Estimated Cost

$76,000
addy Portion

Sell Price

$97M
Total Estimated Proceeds

$588,000
addy Portion
Funded through
45% debt and 55% equity

EQUITY RAISED

$33M
Total Project Equity

$200,000
addy Subscription

AVAILABLE FOR DISTRIBUTION

$63.75M
Total Estimated Project Distribution

$361,000
Estimated Distribution to addy Subscribers

ESTIMATED INTERNAL RATE OF RETURN

12.6%
Pre Tax

Please note that the above reflects just the key numbers affecting our estimated return. For a more fulsome explanation please be sure to review our Offering Memorandum.

The estimated Internal Rate of Return constitutes “future-oriented financial information” or “financial outlooks” within the meaning of applicable Canadian securitieslaws. Such information reflects current expectations with respect to current events and is not a guarantee of future performance. Subscribers should notplace undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as withforward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out in Item 8 of the Offering Memorandum.

* Internal Rate of Return (IRR) is the average annual financial return of an investment over its investment lifetime, which in this case is estimated to be 5 years.

Testimonial

"The Toronto region, being the largest in Canada, is a strong investment candidate for addy. Couple this with investing in ground oriented rental buildings on the edge of a major metro area, which both are significant growth areas in real estate in 2020, makes this an attractive opportunity."

- Andrew Gaucher, Founder & President at Catalyst Land Development, Kelowna, BC and Member of addy’s Investment Committee

About addy

addy is reinventing real estate investment. We’re a new platform that removes the financial and administrative barriers to real estate investment, making it possible for anyone to participate in today’s most lucrative type of investment — quickly, conveniently, and for as little as $1.

Meet The Team

Our Promise

Absolute accessibility grab

Absolute Accessibility

We offer everyone a chance at homeownership. When anyone can invest in a property for any dollar amount, everyone has a chance to get into the market.

Handsoff ownership

Hands-off Ownership

We remove the unexpected headaches that come with homeownership. From contracts to closing, from being a landlord to juggling maintenance—we handle all the details, so owners can just pick an address and go.

Expert coowners

Expert Co-owners

We’re in this together, both as investors and expert partners. Not only do we share the risk by investing alongside you, we will offer a robust selection of properties that have been pre-vetted by experts with decades of experience.

Tangible investing

Tangible Investing

By investing in real estate and land, owners are investing in something real that they can drive by, point to, and follow updates to see how it’s doing. This is an investment you’ll be proud to own!

* These projections are for illustrative purposes only, and do not guarantee any type of return.