An equity opportunity to invest in a substantiallyrisk-reduced land redevelopment project in the burgeoning city
of Vaughan,Ontario.
is offering a Tranche-II equity investment opportunity to participate in the land redevelopment project (“the Project”) in the City of Vaughan. With a density target generating a mix of 253 market and affordable housing units in a premium location one block north of Canada’s Wonderland, the project has completed submission of OPA and ZBA applications and reduced development risk. Increasing rental demand, lack of supply, and strong supports from various levels of government further strengthen the success of this investment. Target annualized ROI is 17% with a reduced risk level and shorter investment period.
KEY INVESTMENT MERITS
DETAIL
PROJECT TYPE
AFFORDABLE RENTAL HOUSING DEVELOPMENT
STRATEGY
LIMITED PARTNERSHIP
LOCATION
10811-10819 JANE STREET. VAUGHAN, ON.
PROPOSED DENSITY
220,000sq.ft
PROJECT LIFE
12-18 MONTHS
TARGET EQUITY RAISE
$1.5 M
TARGET ANNUALIZED ROI* / EQUITY MULTIPLES
17% / 1.73X
DEVELOPMENT MANAGER
TERRA BONA DEVELOPMENTS LTD.
PROJECT & ASSET MANAGER
CACOELI ASSET MANAGEMENT INC.
*THE RETURN IS COMPRISED OF A PREFERRED 15% PLUS 20% OF REMAINING PROFIT.
Company Address:
Suite 2000 - 2 Sheppard Ave East
Toronto, ON
M2N 5Y7
Contact Cacoeli
– Your net income before taxes exceeded $200,000 in both of the last two years and you expect to maintain at least the same level of income this year; OR
– Your net income before taxes, combined with that of a spouse, exceeded $300,000 in both of the last two years and you expect to maintain at least the same level income this year;
– You alone or together with a spouse, own financial assets worth more than $1 million before taxes but net of related liabilities. Cash, or certain investments such as public equity or bonds, would be considered liquid/financial assets.
– You, who alone or together with a spouse, have net assets of at least $5,000,000; This criteria requires that an individual have net assets that count for at least $5 million, with liabilities subtracted. This means that an investor with $4.5 million in real estate and $500,000 in cash may be considered an accredited investor.
– You currently are, or once was, a registered advisor or dealer, other than a limited market dealer.
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