Purpose-Built Rental Building, Mississauga

Acquisition of a stabilized 88-unit purpose-built rental building in Mississauga's city centre, a few minutes from Square One and on the new Hazel McCallion LRT line.

Highlights

• Price per share: $250
• Total raise: $1,800,000
• Target distribution range: 5–7% per year, paid quarterly
• One-time payment
• Capital returned at exit (subject to performance)

The opportunity

The building is professionally managed, with steady occupancy and a capital plan to upgrade suites as they turn over. The $1,800,000 equity raise is combined with CMHC-insured financing.

Shares are priced at $250 (figures converted from CAD). Ontario rent-control rules limit increases for existing tenants and are reflected in the projections.

The neighborhood

Canada's largest city pairs a dense downtown condo market with leafy east-end and west-end neighborhoods of semi-detached homes. Prices on EstateFull are shown in USD for comparison; transactions close in Canadian dollars.

Good to know

• Identity verification (KYC) is required before investing.
• Distributions are projections and are not guaranteed.
• Shares are illiquid and are generally held for the full planned term.
• Prices are shown in USD for comparison; the transaction currency is CAD.

Important information

Projected distributions are estimates based on the sponsor's business plan, are not guaranteed and may be lower or delayed. Capital is at risk and investments may be illiquid for the full hold period. Please read the offering documents and the EstateFull investment risk disclosure before investing.