79 Castleridge DR Sold Out

This property sold out to 1830+ Canadians!

Castleview Park Apartments

A Stabilized 120 Unit Multifamily Rental

Participate in the ownership of a stabilized 120-unit multifamily rental complex comprising of one- and two-bedroom apartments located at 79 Castleridge Dr NE in Calgary, Alberta.

The Plan: Implement light upgrades to the property, introducing new appliances and countertops to 30 outdated units upon natural turnover and install new carpets and lighting to common hallways.

Create An Account

*The key numbers to explain how the sponsor estimated these numbers are available within your addy account. Investments in this property are restricted to British Columbia, Alberta, Ontario, and Saskatchewan residents. Suitable investors can invest from $1 and up to $2,500.

**This is the day when the sponsor issues a distribution, or the property exits — aka cash earned from doing zero things, aka #passiveincome. For this property, there is 1 Owners’ Day projected.

Spread of Investors

Property Updates

What addy members are saying on Discord 📣

“addy is a great platform that allows individuals to break through into the real estate market without having to deal with lawyers, agents, and most of all the rising housing prices. Most importantly, the addy discord provides a great platform for a diverse community to discuss ideas as it relates to real estate and other financial related topics. I have already learned a lot from the conversations and discussions from the Discord to make better informed investing decisions for my future”

$nitintailor / Toronto, ON

“addy has let me get into a market I never thought I could be in! The community in Discord allows me to be connected to others, receive tips and have fun while making investments right for me! Thank you addy!”

$Wanderlust / Vancouver, BC

“Before breakfast and I already bought into a commercial building in Hamilton. No running around looking at buildings or doing do due diligence. No extra costs. No trips to the lawyers. This is the world’s easiest way to buy real estate.”

$Cameron / Abbotsford, BC

Atlas One Digital Securities Inc. (Atlas One) - Exempt Market Dealer

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 Atlas One. Please be aware that investments offered by third-parties through this Atlas One operated Platform are risky. 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 Atlas One.

This Offering has the following investment profile, which may not be aligned with your own circumstances

  • Risk tolerance/capacity: Medium to High
  • Investment time horizon: 3-5 years
  • Investment Objective: Balanced returns
  • Investment knowledge/experience required: Good/Moderate

Meet The Sponsor 👋

Sponsor Type 🤝

GP Types - OG


These Sponsors have 10+ years of experience and/or have owned and operated real estate in excess of $80M+ in asset value. These Sponsors are seasoned in the industry and have a track record of successfully managing large-scale real estate projects (Learn more).

The reel 🎥

The Investment Type 💰

Core Plus Opportunistic Investment Type

Core Plus

Investor type:

For investors looking to generate stable income, with potential capital gains, but with minimal or limited development risk.

What defines the risk level?  

A Core investment usually requires very little management from owners and are usually occupied with tenants on long-term leases. Core investments are typically acquired and held. This type of investing is as close as one can get to passive investing when buying properties directly.

Estimated Returns 💸

The information presented below represents estimated results of a $1,500,000 maximum offering (subject to increase as the Issuer may from time to time determine) and may not reflect actual results. The estimated return (IRR and ROI) 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.

the highlights ✨

  • 120-unit rental apartment complex with 84 one-bedroom units and 36 two-bedroom units.
  • All units have outdoor space: either a balcony, deck or a patio.
  • Some units include a wood-burning fireplace.
  • Includes ample in-suite storage.
  • Pets are welcome.
  • Convenient parking available.

Near the property 🏘️

About Neighbourhood

  • Residential neighbourhood in the northeast quadrant of Calgary.
  • Population of over 6,000.
  • Neighbourhood was established in 1980.
  • About 25% of residential buildings are rentals.
  • Close proximity to public schools and parks and the Calgary International Airport.
  • Nearby public transits allows easy travel around the city; a bus stop is located right near the property.
  • McKnight–Westwinds LRT station is located about eight blocks away.

Location in Calgary 📍

Click here to view location on Google Maps

About Province Residential Market

  • Vacancy rates decreased in the last year as demand increased, due in part to people returning to the city centre for work.
  • Vacancy rate in purpose-built rentals is 5.1%, with the average two-bedroom rent at $1,355.
  • Vacancy rate in condo apartments is 4.2% with average two-bedroom rent at $1,524.
  • The apartment rentals grew by 6.5% or 2,278 units compared to 3.2% last year, as more units came to the market. Over 90% of the additions to the rental universe were 1-bed and 2-bedroom units.
  • Despite an increase in the overall universe, only 9% of the CMA’s primary rental supply is considered affordable for the lowest fifth of income earners in the region. The units that remained affordable are overwhelmingly in the bachelor and one-bedroom space, identifying a growing unmet need for low-income families.
  • According to property management company Hope Street, the average rental rate for all properties in Calgary has increased by 25% since Jan 1.
  • There were 3,401 sales in Calgary in April 2022 following a record-setting March. Sales are up 6.1% compared to April 2021.
  • Benchmark price for a property is $525,700, up 16.9% in one year. A detached home costs on average $628,900, up 19.1% in one year.
  • In the Northeast quadrant of Calgary, the average home price is $425,700, up 22.9% in one year.


About Alberta Tourism

  • Alberta tourism industry went from generating $8.2 billion pre-pandemic to a low of $4.7 billion when there were strict public health measures in place. It is expected to rebound somewhat this year, bringing in about $5.2 billion.

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.