The Weekend Edition May 4

Lots of updates this week!

Here’s your quick roundup of what’s happening in Canadian real estate and at addy. From interest rates and development headlines to new investment opportunities and product updates, we’ve got the highlights you need to stay informed and ahead of the curve. Whether you’re a seasoned investor or just getting started, this newsletter is your shortcut to the insights that matter most.

Investing in real estate has long been a proven way to build wealth, and with addy, there’s no minimum investment required—making it accessible to everyone. What sets addy apart is that is enables diversification across jurisdictions, asset classes, and property types, helping you spread risk and strengthen your portfolio. Whether it’s commercial, industrial, or mixed-use properties in cities across Canada and the USA, addy empowers members to invest in real estate the modern way.

Let’s Go! 

• • Did you know there are 3 opportunities available for your review? 
  • You can find your tax slips within your profile

💰 EXIT – Castleview Apartments, Calgary, AB

Castleview Park Apartments is in the process of exiting. The projected pre-tax return is approximately 60%. The investment includes 1,834 investors with an average investment of $462.14 and a holding period of around 3 years. Complete details within your account. 

💬 In Discord:
@Aidan – Hey everyone — sharing an update to clarify this discussion based on our communication from Thomas Beyer about the sale of the Castleview property in Calgary.

Please note: this info is from the issuer and hasn’t been independently verified by addy.

The issuer says the property was sold for $25M. They’ve told us that over $440,000 became available in cash from the sale. Approximately $130,000 was held back to cover estimated capital gains taxes in 2026. From the remaining funds, ~$310,000 was sent to addy and has already been distributed to investors, after deducting wire fees. The issuer has also stated that the next distribution should take place around Q2 2026, estimated at ~$1M. We’ll share further updates as we receive them.

Again, this is based on what the issuer shared and hasn’t been verified by addy.

*Atlas One is registered as an Exempt Market Dealer in BC, AB, SK, MB, ON and NB. Atlas One is the Exempt Market Dealer on Castleview Park Apartments. 

🗞️ Real Estate News

Canadian Developers Respond To Carney’s Win, Liberal Policies

“That’s something we should completely take out of the conversation – more government… Housing should be left to the experts we have now.” (Storeys)

6 Toronto Development Proposals On Our Radar From April

Each month brings something different, from affordable housing to multi-tower luxury condos — but here are six stand-out submissions that were on our radar in the month of April. (Storeys)

Grocery-anchored centres feed investors’ appetite for retail assets

A combination of land, location and the necessities of life are keeping retail assets in demand in Western Canada, despite the risks to discretionary spending posed by tariffs and other economic headwinds. (Western Investor)

Mortgage market disrupted by rates, tariffs, election

With more than a million mortgages up for renewal this year in a country without the United States’ popular 30-year-fixed option, many Canadian homeowners are facing the prospect of higher monthly payments due to higher interest rates. (BIV)

Is it finally cheaper to rent than buy in Toronto? Here’s what experts have to say

A new report from real estate research firm Urbanation this week, in fact, showed that the average rental price for a condo in the GTHA dropped to $2,612 a month last quarter and is now down 10 per cent from a record high of $2,925 set in the third quarter of 2023. Condo asking rents have also fallen for four consecutive quarters, according to the report. (CTV)

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✅ SOLD OUT – The Harrison, Calgary, Alberta

The Harrison in Calgary has sold out to 1964 Canadians, raising $1,095,000 with an average investment of $557.53.

✅ SOLD OUT – Heartland, Cochrane, Alberta

Heartland in Cochrane has sold out to 587 Canadians, raising $262,500 with an average investment of $447.18.

*Equivesto Canada Inc. is registered as an Exempt Market Dealer in all Canadian provinces and territories. Equivesto is the Exempt Market Dealer on The Harrison. 

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