Willowglen Business Park

1729 8th Ave NE, Calgary, AB

280,000 SF suburban campus style office park on a 20.67 acres site in central northeast Calgary, AB that will go through a repositioning program.

This property sold out to 1,100+ investors!

Term

10 Years

Estimated distribution schedule

Annually

ESTIMATED INTERNAL RATE OF RETURN (IRR)*

11.7%

*We estimate a 11.7% Internal Rate of Return on this property. The key numbers to explain how we make this estimate are located within your addy account. This property was open to residents over the age of the majority from BC, Alberta and Ontario. They were eligible to invest up to $1,500 CAD.


What’s the investor story?

This building sold out to 1,100+ investors with an average investment of $447. Investments ranged from $1 to $1,500. This property will go through a repositioning program

Property Updates

Meet our Partner: Porte communities

Gallery

Property highlights

  • Campus style office park with ample green space landscaped throughout the property
  • Parking ratio of 3.96 stalls per 1,000 sq. ft.
  • Unobstructed views of the downtown core
  • Quick access to Downtown Calgary and the Calgary International Airport with both less than a 15 minute drive away
  • Good visibility from the Deerfoot Trail (Highway 2)
  • Centrally located in central north east part of Calgary
  • Frequent bus service. Calgary Transit has a bus stop located on the subject site that serves the LRT route at 15 minute intervals

investment committee

Purchase decisions are made collectively by our 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:

Steve Saretsky
REALTOR | HOST ‘THE SARETSKY SHOW’

Andrew Gaucher
VICE PRESIDENT, MCKINLEY BEACH, GGROUP

Tri Quach Headshot

TRI QUACH
ENTREPRENEUR | INVESTOR

Marc Strongman
CEO & PRESIDENT, THE STRONGMAN GROUP

RAJVINDER KHATAR
RBC EXECUTIVE | ICBC DIRECTOR

“Alberta has always been a natural destination for businesses in neighbouring provinces. Considering that economic recovery is forecasted to bounce back in mid-2021, now is a great time to get into the Calgary market which has significant upside potential and limited downside. New mandates from the Calgary Economic Development will help lead the way in Clean Energy, Agribusiness, Transportation & Logistics, Technology and Life Sciences. This will attract talent and investment from all over Canada for people looking to earn good wages, affordability, and homeownership as people look to get away from city life density”  – Tri Quach, Entrepreneur, Investor and addy Investment Committee Member

Location

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

“You guys have built an amazing service to enable easy investments in real estate. Congratulations!” 

Rohan / Canada

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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