We’ve just launched our FIFTH property located in North Vancouver!
This is a unique opportunity for addy members to own a part of a 100% occupied newly re-built in 2013 twenty-two suites apartment building located at 1629 St Georges Ave North Vancouver, BC V7L 3J6. The building is called the Avesta Apartments.
The Offering Memorandum will include complete details. Residents over the age of the majority from BC, Alberta and Ontario will be eligible to invest up to $1,500 CAD.
The Internal Rate of Return (IRR) for this project and other details are included in the Offering Memorandum and due diligence documents that are available within your addy account.
Property Highlights:
- Rebuilt in 2013
- 100% occupied
- 22 large oversized units with contemporary high-end suite design feature new flooring, rebuilt kitchens and bathrooms, modern appliances (including in-suite laundry, microwaves and dishwashers) and open concept floor plans with lots of natural light
- 11 one bedrooms averaging 605 SF
- 10 two bedrooms averaging 856 SF
- 1 two bedroom + den totaling 1,180 SF
- Surface parking, secure storage for tenants (21 lockers), bicycle storage, and balconies
- Extremely convenient location with public transit, shopping, entertainment and various amenities along Lonsdale Avenue close by
Meet Avesta Apartments
Meet Avesta GP Ltd.
You can learn more about this opportunity here or if you’re ready to invest, click the button below!
Invest Today:
Can I invest thru my RRSP or TFSA Accounts?
Hi Lyndon,
No, sorry can’t invest via TFSA or RRSP.
Let us know if you have more questions.
Thanks
Steve
Hi,
I’ve already invested 200dls but I’d like to invest another 200dls. Can I still do that?
Thank you.
Yes, investors can invest up to $1500 per property (or until it is sold out) 🙂
Hey guys
I’m new on addy and had invested a small amount. But …..
For my Own Curiosity and maybe others ion Addy as well .
How come there is a 1500 dollar cap on properties?
Thanks
Hi Daniel, we have this limit in place so that as many people as possible can invest in properties. For those that want to invest more than $1500, they can invest in multiple properties. We will soon have more than one for sale at any given time. Stay tuned 🙂
ARE THERE ANY FEES OR COSTS ABOVE THE INITIAL INVESTMENT DURING THE SET TERM FOR PRORERTIES.
No. At this time addy does not charge any fees. There are no transaction fees, no property acquisition fees, no withdrawal fees, no promotion fees, no lifts on the property of any kind, nothing.
In the future, addy will charge a small fee to members. When that fee starts, a member’s existing investments will be grandfathered in.
Can minors invest?
Hi Ravi – at this time, unfortunately, minors cannot invest. Sorry!
how can I start. I have my wallet balance.
Hi Rosalina, if you need some assistance please click the live chat button (the orange chat icon in the bottom right of your screen) and someone from our Membership Squad can help you out!