• Photos of Project

    This exceptional opportunity was located at 473 1st avenue west in Unity, Saskatchewan. Unity is located south east of Lloydminster Alberta, a town of roughly 2500 people in a strong agricuture and oil and gas sector of the province. The building was in very rough shape and had a rent roll of only $4000/month and in 3 years we substantially renovated and sold the project with a rent roll of over $7000 per month 36 months later. We spent about $125,000 in upgrades including a new pitched roof, and common area carpets and paint, and most of the suites getting complete renovations.

    Poplar Grove Apartments

    ROI: Please contact for more info

    Sold for: $567,500 Feb 2011

    473 1st Avenue W, Unity Sask

    Purchased Feb 2008 for $350,000
    Cash invested $92,000

    Value increase of 75% over 8 years

    What was exceptional about this deal:

    • low purchase price of $29,000/unit given good rental upside and low vacancies.
    • 11 extra large 2 bedroom units, plus one bachelor suite.
    • Rent control laws in Saskatchewan at the time allowed for rent increases every 3 months, allowing us to bring rents and value up very quickly.
    • Everything was done locally, local bank for financing, local contractors and building materials creating a win/win scenario for all parties involved.
    • Refinanced the project in 2009 with a new $404K mortgage, paying out first mortgage and the majority of the renovation costs.
    • Sold the project to another investor to move on to bigger projects.

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    SUCCESS STORIES

    Mansard Terrace

    ROI: Please contact for more information

    Sold for: Subscription filled - Currently Active

    710 8th Street East, Saskatoon Saskatchewan

    Will purchase October 2017 $1,470,000 with a 65% loan @3.25% for 5 years

    Cash invested $630,000

    View Project ➝

    Marsin Apartments

    ROI: Please contact for more info

    Sold for: Currently Active

    2440 Louise Avenue, Saskatoon Saskatchewan

    Will purchase October 2016 $1,200,000 with a 75% loan @3% for 5 years

    Cash invested $420,000

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    Chaben Place

    ROI: Please contact for more info

    Sold for: Currently Active

    3609 Chaben Place, Saskatoon Saskatchewan

    Purchase March 2016 for $2,710,000 with 75% loan at 3.4% for 5 years

    Cash invested  $840,000

    8 investors to share in the profit share and equity

     

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