Wingreen Court Apartments

1,2,3,4,6,8,9,10,11 Wingreen Court, North York, Toronto

A 9 building, 99 unit multi-family portfolio in Toronto that will go through a repositioning program. The Portfolio is 99% occupied and consists of 50 one-bedroom units and 49 two-bedroom units

This property sold out to 1300+ investors! These awesome investments go fast and they are reserved our members.

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Toronto Multi-Family Investment Opportunity

Term

5 Years

Price Per Unit

$1.00

ESTIMATED INTERNAL RATE OF RETURN (IRR)*

10.33%

*We estimate a 10.33% Internal Rate of Return * on this property. The key numbers to explain how we make this estimate are located within your addy account. Investments in this property were restricted to British Columbia, Alberta, and Ontario residents. Qualified members could invest from $1 and up to $1,500.

Property Updates

The Gram πŸ“·

Property highlights

  • 9 properties with 99 units (50 one-bedrooms, 49 two-bedrooms)
  • 3.3 acre site
  • Built in 1960
  • 99% occupied
  • Strategically located one block from the northeastern corner of the Don Mills Road and Lawrence Avenue East intersection.
  • The average household income within a 3 km radius is $150,000
  • The population of 330,000 people within a 3 km radius is projected to increase ~8.8% over the next five years.Β 
  • Surrounded by highly ranked schools, top retail centres, residential developments, private golf courses, and other key amenities.Β 
  • Its location allows for convenient access to public transportation as well as the Don Valley Parkway.

Investment Type: Value-add

Risk profile:Β 

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?Β Β 

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).

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 β€˜THE SARETSKY SHOW’

Andrew Gaucher
VICE PRESIDENT, MCKINLEY BEACH, GGROUP

Tri Quach Headshot

TRI QUACH
ENTREPRENEUR | INVESTOR

An investment in the revitalization of North York with a return!

Location

Location of Wingreen Court

Frequently Asked Questions

What is the Offering Memorandum (OM)?

This is the document that addy has pulled together that summarizes the details of this investment opportunity.

Once you have reviewed all of the due diligence and read the Offering Memorandum (OM) you will need to move your funds over from your wallet and sign the OM. This takes under 8 minutes.

What our members are saying

β€œIt 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

β€œMy wife and I are excited to have discovered addy, and invested in a Starbucks location nearby β€” 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?

When the property is sold, any appreciation is paid back to investors in addition to their investment principal.

Details are outlined in the Offering Memorandum for each property.

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