Last Call to Invest in the Scott McGillivray Real Estate Fund II: Closing on October 31st

Scott M Real Estate Fund

Last Call to Invest in the Scott McGillivray Real Estate Fund II: Closing on October 31st

The window to invest in the Scott McGillivray Real Estate Fund II is closing fast. As of October 31st, 2024, the opportunity to invest in a diversified real estate fund will no longer be available. With the campaign nearing its end, it’s the final chance for addy members to join hundreds of other investors and participate in this promising investment opportunity.

What Is the Scott McGillivray Real Estate Fund II?

The Scott McGillivray Real Estate Fund II is a $55 million diversified real estate investment vehicle designed to deliver attractive returns by investing in three large-scale development projects in Southern Ontario, one of Canada’s most robust and in-demand real estate markets. The fund is estimated to deliver over 1,000 new homes, spread across the Greater Toronto Area (GTA) and Hamilton, offering investors a chance to participate in mid- and high-rise developments.

How addy is opening up access to this fund:

Access to Institutional-Grade Investments: Previously, opportunities like this were available only to large institutional investors or high-net-worth individuals with a minimum investment of $50,000. However, through addy, investors can now participate with as little as $1, making real estate investing more inclusive and accessible.

Diversified Project Portfolio: Unlike single-property investments, the fund offers exposure to multiple real estate projects. This diversification mitigates risk while providing a broader reach across growing urban markets.

Hands-Off, Passive Investing: Investors can benefit from professional real estate management without the need to manage properties themselves. It’s a chance to earn potential returns while leaving the day-to-day details to experts.

3 Projects in the Fund

Downtown Hamilton Condominium Tower:

This project features an 18-story condominium with over 250 residential units.
Strategically located near a newly constructed LRT line and GO station, making it highly attractive for commuters.

The tower is set in a well-developed area with existing amenities, positioning it as a prime location for new residents.

Junction Area, Toronto:

Located just west of downtown Toronto, this project involved a seven-parcel land assembly in a highly desirable area.

The development will feature a 25-story condominium with 250 units in a transit-rich, up-and-coming neighbourhood.

Proximity to multiple transportation options such as the GO station, UP Express, and subway enhances the value of this location.

Yonge and St. Clair, Toronto:

This is a two-tower, 30-story condominium project located in one of Toronto’s most affluent and sought-after neighbourhoods.

The land assembly included 11 properties, giving this development a unique footprint in a highly competitive real estate market.

Remarkably, the project’s land was acquired at a 40% discount compared to other comparable developments in the area, enhancing the potential returns for investors.

Why is the fund closing early on the addy platform?

As Andrew McGillivray, trustee of the Scott McGillivray Real Estate Fund, highlighted in a recent discussion with our co-founder Steve Jagger, Fund II has surpassed $50 million in capital raised, with a target of $55 million. This means the fund is close to reaching its maximum raise, and October 31, 2024 will be the final opportunity to invest via the addy platform. Over 350 addy investors have already participated.

Here is the latest update from Andrew:

About the Southen Ontario Market

Southern Ontario continues to see high demand for housing despite recent slowdowns in the real estate market due to high interest rates. However, market forecasts indicate that by 2025, interest rates could lower, potentially leading to increased demand and higher property values. The Scott McGillivray Fund II is poised to capitalize on these future market conditions.

Additionally, upcoming policy changes, such as the CMHC increasing insured mortgages to $1.5 million and extending amortization periods to 30 years, could further enhance demand for new homes, making this fund’s investments particularly timely.

Closing Soon: Your Last Chance to Invest

October 31st is the last day to participate in the Scott McGillivray Real Estate Fund II via addy. This opportunity will not return, and there is no second issuance planned. To learn more about the estimated returns, review the offering memorandum and additional details on the fund, login or create an addy account. You can also join the conversation our discord channel.

Become a member:

 

The Issuer

Scott McGillivray Real Estate Trust II (managed by McGillivray Capital Partners)

The McGillivray Capital Partners team consists of four founding partners with a variety of real estate, development and asset management experience, and accreditations that include CPA, CFA, BComm, PMP and MBA. The partners have personally experienced the benefits of both active and passive real estate investing and are passionate about helping others build wealth in the space.

The Dealer

Equivesto Canada Inc.

Equivesto is on a journey to reimagine how private company investment and fundraising is done in Canada. They believe in a future where access to equity investments and opportunities are not limited by privilege or network. They look to design a tomorrow that is driven on community values and collaboration.

Investing in crowdfunding and exempt market offerings has significant risk. Investors may not be able to resell their securities quickly or at all and the securities may be subject to resale restrictions. These investment opportunities may result in the loss of all or most of your investment. You may receive limited ongoing information about a company or an investment made through Equivesto. Please be aware that investments offered by third-parties through this Equivesto operated offering are risky. You may receive limited ongoing information about a company or an investment made through Equivesto.

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