PRESENTED BY EQUIVESTO

Scott McGillivray Real Estate Trust II

Greater Toronto and Hamilton Area (GTHA)

The Scott McGillivray Real Estate Trust II (SMRET II) will invest into the Scott McGillivray Real Estate Fund II (the “Fund), an affiliated party of SMRET II. The Fund has identified two properties and the remaining 1-2 investments have not been identified as of the date of the Offering. Details on properties one and two are below.

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dealer

1

4-5+ Years

ISSUER

*Investments in this property are open to all residents in Canada above the age of the majority, excluding Quebec. The minimum investment on this property is $1. All transactions will require approval by the EMD on record, Equivesto Canada Inc, subject to suitability review and may be reduced.

The Plan

SMRET II will invest into the Fund. The Fund will aim to invest in a diversified portfolio of 3 to 5 real estate development projects and/or properties through ownership in development properties which will be sold as condo or purpose-built rental.

Investments may be initiated at various stages of development (Acquisition, Development, Construction) and must meet the investment criteria below. Some project-level criteria include:

  • Asset Type: A focus on residential real estate at various stages of the development lifecycle: primarily mid-rise to high-rise (high density) condo or purpose-built rental.
  • Geography: Targeting areas primarily in Southern Ontario, with a specific focus in the Greater Toronto and Hamilton Area (GTHA) which exhibit strong fundamentals, including population growth and supportive land-use policies.
  • Investment Size: Target Equity investments of $10.0M+. Developer Partner generally contributing 10%-15% of required equity financing.
  • Est. Time Horizon: 5 years from fund closing – aim to return capital as projects are completed. 
  • Targeted Return: The Issuer’s targeted underwritten return for equity investments is 15% annual non-compounding based on numerous factors including location, term, and size.

ways to Payout

  • Fund returns (distributions) from underlying investments in development projects and properties (equity) will be returned as the ‘Exit Strategies’ for each are realized, which will be closer to the end of the Fund Term which is targeted within a 4-5+ year time horizon. The term begins after the Issuer has raised the capital and closed the fund.
  • The Fund Term is 4-5+ Years (after the Issuer has raised the capital to close the fund), and ultimately depends on the underlying projects. Scott McGillivray Real Estate Trust II’s objective is to invest the fund capital in opportunities that meet the fund mandate from a strategy and risk/return perspective, but also the Fund Term set. This means that the Exit Strategies for each asset will be assessed with this framework/constraints in mind. Development projects tend to be somewhat fluid, so the aim is to remain flexible while always keeping the best interest of investors core to the Issuers strategy.
  • The Fund & SMRET II do not pay monthly or annual distributions, and have a target total return of 15% per annum (non-compounding).

The Reel

The Properties

The Fund has identified two properties that will be included in the Fund. The remaining 1-2 investments have not been identified as of the date of the Offering. Details on properties one and two are below.

Property 1: 64 Main Street east, Hamilton, On

  • 64 Main Street East, Hamilton, ON is a development and construction 18-storey mixed-use building with approximately 259 residential units
  • Projected Timeline: 64 Main Street East
    • Project Start – Q3 2022
    • Planning Approval – Q4 2023
    • Condo Sales Start – Q3 2024-Q2 2025
    • Construction Start – Q3 2024-Q2 2025
    • First Condo Occupancy – Q3 2027-Q1 2028

About Neighbourhood

64 Main

  • Prime Location and Accessibility: The 64 Main development is centrally located in downtown Hamilton, close to the Hamilton GO Train station and a future LRT node, ensuring excellent accessibility.
  • Vibrant and Growing Community: The surrounding neighborhood is vibrant with restaurants, breweries, cultural attractions, and markets, benefiting from ongoing revitalization and development.
  • Promising Demographic Shifts and Market Potential: Hamilton’s demographic shift and population growth, driven by affordability compared to the GTHA, create strong demand for residential properties in the area. The Hamilton City Council has approved an agreement for a ~$400MM investment with the focus of revitalizing its downtown core.

Location in Hamilton, ON

Click here to view location on Google Maps

Property 2: 2475 Dundas street West, Toronto

Rendering of 2475 Dundas Street West, Toronto
  • Number of Properties: Projected at 3-5 with the first two identified:
  • 64 Main Street East, Hamilton, ON is a development and construction 18-storey mixed-use building with approximately 259 residential units
  • 2475 Dundas Street West, Toronto, ON (plus 6 adjacent parcels) is a development and construction of a 30-storey mixed-use building with approximately 295 residential units and 3,150 sq. ft. of commercial space.
  • Projected Timeline: 2475 Dundas Street West
    • First Assembly Property Closing – Q1 2024
    • Zoning By-law Amendment – Q3 2025-Q3 2026
    • Condo Sales Start – Q3 2025-Q3 2026
    • Construction Start – Q1 2026-Q1 2027
    • Condo Registration/Final Condo Closing – Q1 2029-Q1 2030

About Neighbourhood

2475 Dundas

  • Desirable Location: Situated in the middle of three highly sought-after neighbourhoods – High Park, the Junction, and Roncesvalles.
  • Strong Demand: Area has recently seen a significant influx of interest from developers after years of no new housing supply.
  • Transit Oriented: The largest transit hub in Toronto other than Union Station. Serviced by TTC Subway, GO Train and UP Express.

Location in Toronto, ON

Click here to view location on Google Maps

 

 

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.

 

Scott McGillivray

Scott McGillivray’s passion lies in educating people to make smart investment and renovation decisions and how to succeed in the uber-competitive world of real estate. Scott has been a top rated HGTV star in the US and Canada for over 15 years, starring in over 300 episodes of television, and is best known as the star and award-winning Executive Producer of HGTV’s hit series’ “Income Property”, “Moving the McGillivrays”, “Buyers Bootcamp”, and most recently “Scott’s Vacation House Rules”. Scott is also an accomplished real estate entrepreneur; he’s CEO of McGillivray Group and McGillivray Entertainment, and co-founder of real estate investing education company Keyspire. As a skilled contractor, best-selling author, educator, and leading guest expert, Scott McGillivray is trusted for his successful real estate investing tactics and is a respected influencer and digital trailblazer who engages daily with his 1M+ followers.

Andrew McGillivray

Andrew McGillivray is the co-founder and President of the McGillivray Group and is responsible for the management and development of the McGillivray Group of companies. His experience spans over 20 years in executive-level positions leading sales, marketing, and operations. Andrew’s particular expertise focuses on strategic product/brand development, management, and commercialization with a proven track record that spans a variety of industries, business structures, and markets.

Throughout his professional career, Andrew has been actively involved in real estate investing both privately and through the establishment of larger-scale partnerships and branded programs. His experience includes all aspects and stages of real estate investing from acquisition and development to management and sale of income-producing assets.

Erik Kroman

Erik Kroman is an experienced real estate professional. At KPMG, Erik worked with a number of middle market clients on audit and assurance engagements, focusing predominantly on private real estate operators. After KPMG, Erik joined Mattamy Homes where he oversaw their Joint Venture portfolio across North America while focusing on partner and treasury management. From there, he moved to a mid-sized developer where he served as VP Finance and Chief Financial Officer, overseeing all areas of finance, accounting, treasury, and human resources. He also served as EVP for a small private REIT. Erik is currently the owner/president of Kroman Capital Advisory, where he helps small and mid-size real estate developers with their financial planning and capital strategies.

Dan Pero

Dan Pero is an experienced asset manager and real estate investment professional. Dan was previously Senior Manager, Structured Products for a mid-sized real estate developer, where he was instrumental in structuring private investment vehicles (funds) to capitalize in-house development projects. Dan and his team raised $125 million under various fund strategies during his tenure. Prior to that, Dan was a Portfolio Manager and Director of Operations for Perennial Asset Management Corp., a boutique Toronto-based investment firm managing discretionary high-net-worth capital across two proprietary investment funds in excess of $400 million.

 

 

The Dealer

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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Forward-Looking Statements

Some information contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of the words “intention”, “will”, “may”, “can”, and similar expressions are intended to identify forward-looking statements. Although the issuer and/or dealer (as applicable) believe that the expectations reflected in such forward-looking statements and/or information with regard to a given investment opportunity are reasonable, undue reliance should not be placed on forward-looking statements since there can be no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Furthermore, the forward-looking statements contained in a news release are made as at the date of such news release and there is no undertaking that any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws.

 

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