60 Head

60 Head St., Dundas, ON

A unique opportunity to participate in the off-market acquisition of a ~31,100 square foot light industrial and flex-space property located in Dundas, ON. The building will be acquired at an attractive price per square foot and possesses tremendous upside potential.

This property sold out to 400+ Canadians

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Estimated Term

3 Years

Estimated IRR*

26.81%

Estimated Owners' Days**

1

*The key numbers to explain how we make this estimate are available within your addy account. Investments in this property are restricted to British Columbia, Alberta, and Ontario residents. Qualified members can invest from $1 and up to $10,000.

**This is the day when we issue a distribution, or the property exits — aka cash earned from doing zero things, aka #passiveincome. For this property, there is one Owners’ Day which is when it exits.

Property Updates

The Reel 📹

The Gram 📷

The Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

60 Head Exterior

The Renderings

60 Head Rendering

The Interior

60 Head Interior

The Plan ✔️

There are five key initiatives over the 3-year investment period:

  1. Convert the industrial spaces to flex spaces to meet the increasing market demand
  2. Bring the month-to-month leases up to market rates
  3. Rebrand and enhance the property
  4. Look to make improvements to the outer facade of the building
  5. Active management of the property while working to lease available space

the highlights ✨

  • 60 Head Street is 31,100 sq ft. light industrial and flex-space property in Dundas, Ontario.
  • The Property is bound by recreational lands to the West, light industrial properties to the South, Head Street to the East, and light industrial properties to the North.
  • The Property is adjacent to Dundas Valley Golf & Curling Club and is a 5-minute drive to downtown Dundas.
  • The existing M6 Light Industrial zoning permits for a variety of uses such as office, restaurant, artist studio, warehouse, and more.
  • New developments in the surrounding area include a luxury townhouse development at 338 King Street West by UrbanCore Developments and Shane Renovations, and a pre-construction condominium development at 24 Brock Street by Sage Development Corporation.

Location

60 Head overhead view
60 Head Street on a map

Click here to view location on Google Maps

The Location

  • The property is located in an up-and-coming industrial district in Dundas, ON. With current office and industrial/flex space capabilities, the property meets market demands and is in the perfect location to do so.

Market Demand

  • As industrial and commercial land shrinks to make way for more residential, flexible commercial space is in high demand. Additionally, the location is in a key district within the town of Dundas, making it a perfect property given the current real estate climate.

The Investment Type

Value-Add Opportunistic Investment Type

Risk profile: 

Moderate to high

Investor type:

For investors willing to take on more risk to achieve high returns and are willing to wait longer before they begin receiving returns for their investment.

What defines the risk level?  

A Value-Add investment often has little to no cash flow at acquisition but has the potential to produce a tremendous amount of cash flow once the value has been added (for example physical upgrades, better management, added services or more effective marketing).

Estimated Returns

The information presented below represents expected results of a $250,000 maximum offering and may not reflect actual results. The expected return (IRR and ROE) based on your investment amount can fluctuate up or down based on many factors. Please review the entirety of the Offering Memorandum and understand the risks stated in “Item 9 – Risks Factors”. You are not liable beyond your investment amount.

60 Head Estimated Returns

The Community Investment Committee

Purchase decisions are made collectively by our community investment committee and our Board of Directors which has a track record of investing in and managing real estate (learn more here). The Investment Committee for this property includes:

RAJVINDER KHATAR
RBC EXECUTIVE | ICBC DIRECTOR

As we come out of the pandemic and see businesses grow and prosper, the need for light industrial space will be in high demand. Construction will allow for space to be flexible and meet the requirements of new emerging businesses as well as meet any regulatory requirements.

MARC STRONGMAN
CEO | PRESIDENT, THE STRONGMAN GROUP

Tri Quach Headshot

Tri Quach
ENTREPRENEUR | INVESTOR

Dundas has been on my radar as investors are finally honing in this area after bypassing it for years. This area has an attractive mix of real estate in historic and new home builds which makes it an ideal place to settle and work close to home. One of the most challenged sectors is smaller industrial properties ranging from 5000-10000 sq ft that are in extremely high demand but are becoming increasingly rare. Forge & Foster and addy have once again found a GEM!

What our members are saying

“It was an easy way to invest some funds in real estate that I would normally not be able to afford on my own. It’s great to be part of something that is creating a new way of investing.”

Klaus / Toronto, ON

“My wife and I are excited to have discovered addy, and invested in a Starbucks location nearby — it’s nice to be able to participate in owning commercial real estate without putting up a bunch of money, and knowing we can drive by it anytime makes it more fun than buying stocks!” 

Shawn / Nanaimo, BC

“This is God sent, if you ask me. A chance to own a slice of commercial properties all over the country. An opportunity I otherwise wouldn’t have had had it not been for addy. I can’t thank addy enough. I eagerly await for addys to drop and with each investment, I know I’m actively improving my financial future.”

Jocelyn Armah / Google Review

How Do You Make Money?

You can make money in 2 ways:

  1. Sale of the Property: When the property is sold, any appreciation is paid back to investors in addition to their investment principal.
  2. Rental Income: When tenants pay rent, additional cash flow can be passed back to investors in the form of a distribution.

Details are outlined in the Offering Memorandum for each property.

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