Fund III

Equity Raised: $55,400,000                                       
​10  Active Investments
1  Exited Investments
Final Closing: Q2 2016

Featured Investments​

Detached Houses
​​$2,500,000
Mississauga, ON
​JV Equity

Purchased:
An assembly of three single family homes on a 3.8 acre site in Mississauga, ON.
​
​Opportunity:
Sale, servicing and construction of 15 luxury detached houses.
​
​Initial Funding Date:
Q4 2016
​
Current Status:
Exited and units closed in Q1 2020.

Rental Apartment
​​$4,800,000
Langley, BC
​JV Equity 

Purchased:
Two adjacent parcels on a 3.8 acre site in Langley, BC.
​
​Opportunity:
Rezoning, construction and lease-up of two six-storey rental buildings.
​
​Initial Funding Date:
Q1 2017
​
Current Status:
Undergoing development approval process.

Multi-Residential
​​$11,600,000
Mississauga, ON
​JV Equity

Purchased:
Undeveloped 14.4 acre site that is part of the Shaping Ninth Line initiative being undertaken by the City of Mississauga.
​
​Opportunity:
Rezoning, sale and construction of a proposed multi-residential development, with a portion of the land to be sold on an entitled basis.
​
​Initial Funding Date:
Q1 2017
​
Current Status:
Undergoing development approval process.

Mid-Rise Condo
​​$4,600,000
Toronto, ON
​JV Equity

Purchased:
0.94 acre site with a free standing commercial building in Etobicoke, ON.
​
​Opportunity:
Rezoning, construction and sale of an eight-storey condo development comprised of 167 units and retail at-grade.
​
​Initial Funding Date:
Q2 2017
​
Current Status:
Under construction and 95% sold as of Q4 2020.

Queensway Park

Townhouses
​​$9,000,000
Burlington, ON
​JV Equity

Purchased:
27.5 acre infill site near the intersection of Highway 407 and 403 in Burlington, ON.
​
​Opportunity:
Rezoning, sale and construction of a medium density development comprised of 210 townhouses.
​
​Initial Funding Date:
Q2 2017
​
Current Status:
35% sold as of Q4 2020.

Multi-Residential
​​$3,600,000
Ottawa, ON
​JV Equity

Purchased:
An assembly of six adjoining properties on a 45.5 acre site in the Ottawa suburb of Orléans, of which 14.1 acres are currently developable.
​
​Opportunity:
Rezoning, sale and construction of a medium density development which includes condo flats, condo townhouses, traditional townhouses and semi-detached bungalows.
​
​Initial Funding Date:
Q4 2017
​
Current Status:
Undergoing development approval process.