Riverpark Suites

140 2 Ave SW Calgary, AB

Invest in the development of a multi-residential project with 52 residential units and 3 commercial units that will be part of the next generation of rental apartment buildings in Calgary, AB.

The Plan: Develop the vacant site, build, lease units and sell the project.

This property sold out to 1200+ Canadians! These investments sell out quickly and they are reserved for our members.

Get me a membership

*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 $1,500.

**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

Articles Properties

July Property Updates

July 15, 2022

Properties

Riverpark Suites in Calgary: Fully Funded

November 9, 2021

The Reel 📹

The Gram 📷

Renderings

Development Site

the highlights ✨

52 apartments on 6 floors
A diverse mix of studio, one-bedroom, and two-bedroom rental apartments
Apartment size averages 560 square feet
River and downtown views
Adjacent to a park, one block to river pathway network 4

Luxury Vinyl Plant (LVP) flooring, stainless appliances, quartz countertops
Modern, efficient fixtures
Balconies for every suite
Main floor amenities including secure bike storage, work-spaces
3 small retail bays

Location

Click here to view location on Google Maps

The Neighbourhood ?️

Located in Chinatown- Eau Claire, an urban downtown area
Close to Eau Claire Market
Close to transit, shopping
Next to parks and adjacent to Riverwalk pathway

General Partner Type

Established

These General Partners have 7+ years of experience and have owned and/or operated real estate in excess of $30M+ in asset value. These partners are generally seasoned in the industry and have a track record of successfully managing small to mid-sized real estate projects. (Learn more).

Meet the General Partner

Drawing inspiration from the people who will live in, work in or play in our developments, M2SC aims to bring to life beautiful residences that celebrate the communities and environments they’re built in, while delivering unparalleled financial returns to our partners and investors.

They strive to deliver design-forward architecturally engaging multifamily buildings that both respect and strengthen communities and cityscapes.

M2SC is passionate about what they do and feel the responsibility of helping to design and build neighborhoods for the next generation. Jay and Kyle are the Owners and Managing Partners of M2SC. They both love what they do and are excited about their important role in shaping communities in Calgary. They are extremely passionate about building and design and are both fully engaged in the day-to-day of ensuring our partners, investors, trades and communities are happy.

The Investment Type

Opportunistic

Risk profile:

High

Investor type:

For investors willing to take on the most complicated projects and that may not see a return on their investment for three or more years.

What defines the risk level?

An Opportunistic 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. Examples include developments, acquiring an empty building, land development and repositioning a building from one use to another.

Estimated Returns

The information presented below represents expected results of a $500,000 maximum offering (subject to increase as the Issuer may from time to time determine) and may not reflect actual results. The expected return (IRR and ROI) based on your investment amount can fluctuate up or down based on many factors. Please review the entirety of this Offering Memorandum and understand the risks stated in “Item 9 – Risks Factors”. You are not liable beyond your investment amount.

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:

Tri Quach
ENTREPRENEUR | INVESTOR

Vote: 👍

Calgary downtown residential vacancies continue to climb due to new work from home alternatives.

Andrew Gaucher
VICE PRESIDENT, MCKINLEY BEACH, GGROUP

Vote: 👍

Onboard but I hold concerns over Alberta’s long term future of energy.

STEVE SARETSKY
REALTOR | HOST ‘THE SARETSKY SHOW’

Vote: 👍

Inner city Calgary, great neighbourhood, strong rental demand.

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:

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