Wychwood Multi-Family in Toronto, ON
This is your opportunity to participate in the ownership of a multi-unit multi-family complex consisting of 2 buildings located in the Wychwood neighborhood of Toronto, Ontario. The buildings are currently undergoing “ value add”; full renovations to capture top of market rent + add 3 additional units to create three additional new revenue streams, bringing the total to 9 cash flowing rentals as of Q4 this year.
The plan is to hold and manage the property for 5 years. The properties will under go renovations then will be rented and earn cashflow from the property. If market conditions are favourable the properties will be sold at year 5 for a higher amount mainly due to appreciation from the renovation.
Special Bonus:
Get a 10% bonus on the first $300,000 or within the first 30 days!
The Issuer is offering a time based bonus for the first 30 days of the campaign. Investors will earn additional LP Units equal to 10% on unit purchases for the first $300,000 of total investment. Once $300,000 of investment has been reached or 30 days, whichever occurs first – investors will be given a 5% bonus units on investments until $500,000 in total investment has been reached.
Bonus units will be awarded on a first come first served basis, based on completion of investment via the addy platform and approved by the Dealer. Bonus units will be rounded down to the nearest whole unit.
Worth repeating – Other ways this prop pays out!
When evaluating commercial real estate deals like this one there are 5 primary ways an investment pays out: Cash Flow, Passive Appreciation, Mortgage Paydown, Active Appreciation, and Levered Returns on Equity. (Learn more about these factors here).
Here are the things to note about this property:
- The cash flow for this property is expected to be 3% annually
- The property value at disposition after renovations is expected to be $6.1M representing a $2.98M gain in property value
- The mortgage is expected to be paid down by approx. $20,000 a year.
Invest in Toronto:
The Issuer:
The Dealer:
Purchases of the issuer’s equity securities will be conducted, where permitted, through a platform operated by Atlas One Securities Inc., an exempt market dealer (NRD#: 68420) in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, which has been appointed as the issuer’s agent for this offering.
The offering in this blog post is available under National Instruments 45-110 Start up Crowdfunding and Prospectus Exemptions, and is provided by Atlas One Digital Securities as an Exempt Market Dealer registered in BC, AB, SK, MB and ON. The content contained in this post and available on the addy website or Atlas One website is for general informational purposes only and shall not be construed as an offer to sell or a solicitation of an offer to purchase any securities. This information is made available on an “as is and as available” basis. Nothing in this post or on the addy website or Atlas One website shall be construed as an offer to sell or a solicitation of an offer to buy any securities, liabilities or assets. Atlas One shall not be liable, under any circumstances for any direct, indirect, special, incidental, consequential or punitive damages, or any other damages whatsoever, including, without limitation, lost revenues, lost profits or loss of prospective economic advantage. The information provided in this post and on the addy website or Atlas One website is intended for informational purposes only and is not intended to constitute investment, financial, legal, tax or accounting advice. Many factors unknown to us may affect the applicability of any statement or comment made on this website for investment, financial, legal, tax or accounting advice. Atlas One is not acting in any fiduciary capacity in regards to this material.
