Trout Lake House

1956 East 13th Avenue Vancouver, BC

Presently the only lakefront development opportunity in Vancouver.

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**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 predicated to be 1+ Owners’ Days.

Property Updates

Estimated Value Gains

This is an estimated value of property. It is based on a blend of valuation methods, each oof which may produce a different estimate depending on the available data.


About Neightbourhood

The first rule of real estate investment is Location Location Location — and that applies regardless of whether you’re planning to live or invest in the home. Much of what makes The Trout Lake House a great investment opportunity is its highly desirable location in one of Vancouver’s most vibrant, livable communities — close to transit (an 11 minute walk to the Commercial-Broadway Skytrain station), a brand-new community centre, great restaurants and excellent coffee. Most importantly, this property’s location makes it something rare: it’s one of only 79 homes that back onto Trout Lake. There will never be more Trout Lake lots, meaning the land itself is increasingly valuable by virtue of the fact that it’s in such short supply.


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Meet The General Partner

GP - Takeroot

Take Root is a Vancouver-based real estate company. They believe interesting cities are more than their buildings and believe that building’s inhabitants are more important than its architecture. As developers, operators, and investors, Take Root believes in the power of places to enable people do amazing things. Research-driven approach challenges them to engage with complex urban issues, such as the local economy and aging in place. They begin each project with a specific question that guides the purpose of the project. Since 2005, Take Root projects have created award winning places like Schoolhouse and River Market.

Learn More >

The Investment Type

Investment Type - Opportunistic


Risk profile: 


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.



How will shareholders be paid?

At the end of development, your shares will be redeemed in exchange for a pro-Rata payout of your share value. Prior to development, this property will be rented out, and shareholders will receive a portion of the rental income (minus property taxes, and insurance)

What is special about this opportunity?

What’s exciting about this property is not so much the house that’s currently on it, but rather the significant potential for future development. This property qualifies for the City of Vancouver’s Character Retention Program, which means as long we retain the house’s character, we can make renovations that increase our Floor Space Ratio (FSR) from its current 55% to 85+%.



Michael Stephenson and myself, Stephen Jagger along with our significant others Adam and Sarah will coordinate the development of the property to incorporate 3 units with the plan of selling all 3 of them as individual strata units.

Michael Stephenson and I have been business partners for 18 years. We have been involved in real estate and real estate technology for almost the entirety of that time. Our real estate projects and technologies have been involved in the development and/or sale of over a billion dollars worth of property.

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

What our 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 due diligence. No extra costs. No trips to the lawyers. This is the world’s easiest way to buy real estate.”

$Cameron / Abbotsford, BC

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.