Fund V

Equity Raised: $88,950,000                                       

​11  Active Investments
0  Exited Investments

Final Closing: Q1 2021

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Featured Investments​

Mid-Rise Condo
​​$7,500,000
Toronto, ON
​JV Equity

Purchased:
A five-house assembly at the corner of Marlee Avenue and Lawrence Avenue West.
​
​Opportunity:
Rezoning, sale and construction of approximately 280 units.
​
​Initial Funding Date:
Q4 2020
​

Rental Townhouses
​​$2,635,000
Waterloo, ON
​JV Equity

Purchased:
51 townhouse rental units located in Waterloo, ON.

​Opportunity:
Improve the property through in-suite renovations and exterior capex.

​Initial Funding Date:
Q1 2021

Townhouses
​​$4,550,000
Barrie, ON
​JV Equity

Purchased:
An entitled 1.2-acre site located north of the Barrie GO station.
​
​Opportunity:
Sale and construction of 58 back-to-back townhouses.
​
​Initial Funding Date:
Q1 2021
​

Rental Apartment
​​$10,025,400*
Mirabel, QC
​JV Equity

Purchased:
An entitled 4.22-acre site located in Mirabel, 45 minutes North-West of Montreal, Quebec.
​
​Opportunity:
Construction, leasing and sale of a 348-unit apartment building with 11,596 sf of commercial space.
​
​Initial Funding Date:
Q2 2021
​

Townhouses
​​$6,662,500
Toronto, ON
​JV Equity

Purchased:
An assembly of six properties totaling 2.03 acres in the Willowdale West neighbourhood of North York.
​
​Opportunity:
Rezoning, sale and construction of approximately 44 townhouse units.
​
​Initial Funding Date:
Q2 2021
​

Townhouses
​​$4,800,000
Whitby, ON
​JV Equity

Purchased:
An assembly of four parcels totaling 3.8 acres located at 935 ‐ 945 Taunton Road and 3557 Garrard Road.
​
​Opportunity:
Rezoning, sale and construction of 132 townhouse units.
​
​Initial Funding Date:
Q3 2021
​

* Represents the total amount committed by the Fund Manager, of which a portion will be contributed by Fund V and a portion by a co-investor.