Weekly Address March 6th Edition

Ok, a longer email for your weekly address today. Lots to cover! Below you will find a couple quick wins, some podcast episodes you might enjoy, three (3) in person events, some industry news and an announcement about an addy advisor. Lots to cover. Let’s go!


Today’s reading time is 5½ minutes

👀 Tax Time

Your T5 slips are now available within your account addy. T5013 slips are expected to be released soon. 

📅 Events

🎟️ Friday, March 8th 2024 – Guided Property Tour in Calgary

Join addy co-founders Mike and Steve for a fun tour of 7 properties in Calgary along with fellow addy members, issuers and Calgary locals. Plus, see two properties that have not been announced yet. Limited space available. (Tickets

🎟️ Friday, March 8th 2024 – Calgary Meetup

Join us downtown Calgary to meet some of the addy squad, other addy members, issuers and real estate enthusiasts. (Tickets)

🎟️ Monday, April 15th 2024 – A Conversation with Kevin Falcon

Join us for this exclusive event to hear from Kevin Falcon, Official Opposition Leader for the BC United Party and MLA for Vancouver-Quilchena. (Tickets)

🎧 Episodes Worth a Listen

1️⃣ Where Smart Money is Investing In Canadian Real Estate in 2024 with Kathy Black, Head of Real Estate Development for Fiera Real Estate (Canada) (Listen)
– Vancouver Real Estate Podcast hosted by Matt Scalena & Adam Scalena

2️⃣ No Rate Cuts from The Bank of Canada this Year? The Loonie Hour digs into bitcoin highs, financial conditions, equities & inflation plus banks earnings (Listen)

– The Loonie Hour hosted by Steve Saretsky, Keith Dicker and Richard Dias

3️⃣ How We Solve Canada’s Housing Crisis – with author & journalist Gregor Craigie where he discusses his book ‘Our Crumbling Foundation: How we solve Canadas housing crisis’ (Listen)

– The Canadian Real Estate Investor hosted by Daniel Foch and Nick Hill

4️⃣ Easy-Invest’s Ralph van der Walle was on Michael Campbell’s Money Talks show talking about his Maple Ridge development project and the costs involved to make the project happen. The costs he mentions for a $7,000,000 property are:

  • $1,300,000 deposit with the city for engineering work 
  • Transfer tax of $285,000 
  • Federal GST of $377,000
  • Annual property tax of $29,000
  • $435,000 fee for Developer Cost Charges 
  • Park fees of $15,000

Total Costs/Fees – $2,400,000 or $67,000 per unit 

You can listen to Michael and Ralph discuss the project and costs in this 11 minute podcast episode. (Listen)

📰 Industry News

Opinion: Why we need to care about Metro Vancouver’s industrial land shortage

Industrial lands contain businesses and activities that serve the wider economy and community, yet don’t often receive much attention. And just like the affordable housing crisis, there is an industrial lands crisis in Metro Vancouver. (DailyHive)

A Quebec lender opted out of mortgages in flood zones. Experts warn it could happen elsewhere

Desjardins Group, a major financial institution based in Quebec, recently announced it will no longer offer new mortgages in high-risk flood zones — areas in the zero to 20-year flood plain — across the province. It also doesn’t provide flood insurance in those areas. (CBC)

addy Advisor Lindsay Brand named CIO at Concert Properties

Lindsay Brand is joining Concert Properties in the role of chief investment officer. She arrives with a comprehensive background in real estate development and investment, most recently as chief investment officer with Dream Unlimited Corporation, but also from the lender’s side of deals at a major Canadian financial institution. (REMINetwork)

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Projected Issuance Payouts

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Available Investment Opportunities

Retreat Condos

Toronto, ON 🇨🇦

The opportunity is to participate in the ownership of a 357-unit condo development situated at the address of 3291 Kingston Rd and 2&4 Windy Ridge in Scarborough, Toronto, Ontario.

Purchasing these securities will be conducted by Equivesto Canada Inc. (Equivesto), an Exempt Market Dealer (EMD) in Canada.

Lakewood Mall

Lake Country, BC 🇨🇦

Participate in the ownership of a neighbourhood shopping centre located within Lake Country, alongside Highway 97.

Purchasing these securities will be conducted by Equivesto Canada Inc. (Equivesto), an Exempt Market Dealer (EMD) in Canada.

The Harrison 

Calgary, AB 🇨🇦

This is your opportunity to participate in the ownership of 51 residential units and 12 commercial units in a single 5-storey mid-rise apartment building located in the City of Calgary.

Purchasing these securities will be conducted by Equivesto Canada Inc. (Equivesto), an Exempt Market Dealer (EMD) in Canada.

Apex on Perkins 

Stillwater, OK 🇺🇸

This is your opportunity to participate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma.

52,860.11 remaining of $500,000.00

Purchasing these securities will be conducted by Atlas One Digital Securities Inc. (Atlas One), an Exempt Market Dealer (EMD) in Canada.

👀 Coming soon 👀

Track Record


15% ROI

in less than 5 Months

Petro Fina

18% ROI

in less than 9 Months

The Lex

22.89% ROI

in less than 12 Months

addy Exit Track Record

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