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210-224 Rue Saint Jean - Sold Out

Hôtel Château des Tourelles

210-224 Rue Saint Jean, Québec City, QC

Participate in the ownership of a 3-Star hotel, which currently consists of 13 hotel rooms and 2 commercial units in Québec City, QC.

The Plan: Modernize the design and operations while adding the digital concierge and adding units if possible, repositioning the property and rebranding to a more lucrative audience while reducing the cost of operation.

This property sold out to 940+ Canadians!

Create an Account
Financial Return



3-5 YEars

HoneyTree Grow Logo


*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, Ontario, and Saskatchewan residents. Qualified members can invest from $1 and up to $2,500.

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

The Reel

Spread of Investors

Rue Saint Jean - Spread of Investors Map

The Issuer

874 Sherbrooke - GP - Honey Tree Grow

HoneyTree was founded in 2016 by David Atwell. David was working as an accountant in the film industry after leaving his past life of beekeeping. David quickly became a hit on set as he would bring his homegrown honey to share with the cast and crew.

While working in the film industry. David noticed that many colleagues were self-employed and owned their homes but had no pension or retirement plan. David started by bringing in his close friends and families on some real estate deals and the word spread. From there, HoneyTree was founded in 2016, and he and his partner, Mark Gonneau never looked back!

Dr. Mark Gonneau is an award-winning real estate investor who began investing in real estate at the age of 24 while still a student. Since then, he has invested in various forms of real estate across Canada and abroad.

He has transacted on over $100M of real estate in the past 15 years and was named “Top 10 Investor” in Ontario in 2008, 2009, 2011, 2014 & 2015 as well as “Player of the Year” in 2014 by the Real Estate Investment Network.

He is focused on helping professionals and business owners make smarter investing decisions by investing in value-add real estate opportunities.”

The Perks

Invest $500-$999


Sticker pack

Invest $1,000-$2,499

Special made T-Shirt branded with HoneyTree and addy with a special dedication to Hôtel Château des Tourelles

Sticker pack

Invest $2,500

Opt-in to have your name on a custom plaque installed on the rooftop gardens

Sticker pack

Choice of HoneyTree T-Shirt or Hoodie


The 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: High Risk
  • Investment time horizon: 3-5 years
  • Investment Objective: Growth
  • Investment knowledge/experience required: Good/Moderate

the highlights ✨

  • Terrific location in the heart of Quebec City with proximity to institutions, attractions, retail and restaurants.
  • Automated property management system and technological upgrades aim to lower costs.
  • Room renovations and upgrades while modernizing design and operations and adding the digital concierge
  • Roof terrace, offering one of the most beautiful views of the city, the Saint Lawrence River and the Laurentian Mountains.
  • Everything is walkable from the hotel. Indeed the hotel is located next to the Porte Saint-Jean (gateway to Old Quebec),the Château Frontenac, the Plains of Abraham, rue Cartier and the Saint-Roch district.
  • Projected to be fully renovated by May of 2024.
  • Currently fully operational

Near the Property

Rue Saint Jean - Bike Score
Rue Saint Jean - Walk Score

About Saint-Jean-Baptiste

  • Saint-Jean-Baptiste is a neighbourhood of Quebec City, the capital of the province of Quebec in Canada. Located immediately West of Old Quebec, it is known for its shopping and restaurants.
  • Rue Saint Jean is the principal street in the district with many independent cafes, bars and specialist grocery stores. Along with Old Quebec, and Saint-Roch it forms the oldest part of the city.
  • Sandwiched between Old Québec and Montcalm, rue Saint-Jean, the main shopping street, runs through the entire neighbourhood. Over barely 1 km, you can find everything you need to please everyone, and then some! Every weekend from mid-May to the end of summer, a portion of rue Saint-Jean converts into a pedestrian-only street.
  • Foodies will go crazy for the little bistros that feature local cuisine, as well as all the food-related shops. The culinary adventure continues with a bit of bar and pub-hopping, where the flowing taps of microbrewery beers from Québec City and all over the province await you. Live music, jam sessions, poetry readings, artistic performances.
  • Along rue Saint-Jean, fill your bookcases with second-hand treasures and beef up your music library with tips from passionate record dealers. Finally, shopping on rue Saint-Jean wouldn’t be the same without a visit to the many little shops, where you can find something to wear or decorate your place with taste.

Location in Quebec City

210 224 Rue Saint Jean - Location Map

Click here to view location on Google Maps

About Quebec City tourism industry

  • Just over 4 million tourists per year (2019), including over 1.2 million from 75 countries outside Canada
  • $1.63 billion in annual tourism spending (2019)
  • Approximately 1000 hotel establishments with a total capacity of nearly 16,000 rooms.


Québec City at a Glance

  • Founded in 1608 by French explorer Samuel de Champlain
  • Recognized as the cradle of French civilization in North America
  • A UNESCO world heritage treasure (1985) on account of its heritage site of Old Québec
  • The only fortified city north of Mexico
  • A unique North-American religious heritage: first catholic parish north of the Spanish colonies, first Anglican cathedral to be built outside the British Isle, and the only Holy Door outside Europe
  • An heritage influenced by different nations: Hurons-Wendat, French as well as British and Irish
  • Capital of the province of Québec
  • Home to a population of 717,000 inhabitants (Greater Québec City Area), 95% of them French-speaking . However, many people, including the vast majority of hospitality industry workers, also speak English
  • A very safe city, with one of the lowest crime rates in North America
  • Among the world’s best food cities
  • Famed for its hospitality and joie de vivre
  • Old Québec is easily walkable
  • Parks, wildlife reserves, and scenic attractions are minutes away, with a host of outdoor activities available all year round
  • Located less than 15 minutes by car from the city center, Montmorency Falls are 30 meters higher than Niagara Falls
  • The only ice hotel (Hôtel de Glace) in America
  • The Québec Winter Carnival, one of the world’s largest winter festival, has been warming hearts since 1955
  • Village Vacances Valcartier is the largest winter playground in North America


Quebec Tourism

  • The Honourable Pascale St-Onge, Minister of Sport and Minister responsible for CED, on March 15 announced a non-repayable contribution of $2.6M for Montréal en Histoires. This CED support will enable it to enhance its tourism offering and thereby participate in the economic development and dynamism of a city hit hard by the pandemic.
  • As of March 14, Montreal’s vibrant array of hotels, restaurants, bars, boutiques and malls, museums, theatres, concert and sports venues, popular attractions and more are open at full capacity and ready to serve all comers in a manner that is mindful of safety and security.
  • Bars, nightclubs, restaurants, music venues, casinos, breweries, art galleries, zoos, rec centres, amusement parks and sporting events are open and ready to welcome locals and tourists alike.
  • All international travellers are now eligible to enter Canada if they qualify as a fully vaccinated traveller, regardless of citizenship.
  • In July 2021, Eve Paré, head of the Hotel Association of Greater Montreal, said it may be up to two years may be required for the industry to return to pre-pandemic profit levels — and that’s assuming hoteliers can solve an acute worker shortage on short notice.
  • The levels of Montreal tourism were routinely breaking records prior to the pandemic, the agency said, adding that the tourism industry, particularly business tourism, was one of the sectors hit hardest by the COVID-19 outbreak and requires continued support if better results are expected for 2022.

How Do I 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 Documents for each property.