This case study illustrates the depth of expertise needed for multi-residential real estate development. Equiton chooses development instead of acquiring an existing building as it can take less capital to build than to buy, enabling us to produce units at a cost below market value. Through development, we can create new, high-quality units to our desired specifications that offer condo-like features, amenities, and energy efficiency.

Choosing Wisely: Maison Riverain

In January 2022, we made an investment in a development offering to build three multi-residential high-rise towers, including a commercial podium, on 4.2 acres in Ottawa’s Vanier neighbourhood. The Maison Riverain development broke ground in October 2022 and is ideally situated on the banks of the Rideau River with views of parliament buildings and the Gatineau Hills. It’s a short 10-minute drive from the downtown core and only 5 minutes from the ByWard Market, Ottawa’s premier shopping and dining destination. Once completed, the project will provide over 1,000 much-needed rental units to the Ottawa market.

Key Requirements and Strategies

Projects of this scale require extensive expertise in planning and implementation. Equiton has a proven track record of managing all development project phases. Through expert management at all stages of the development project, positive cash flow and development profits are expected as each development phase is completed and becomes rental-ready. Now under construction, the project expects to welcome its first tenants in mid-2025. Once complete, Maison Riverain will operate as a newly constructed building and will be a strong addition to our portfolio.

Unveiling Untapped Opportunities: Development as an Investment Vehicle

The initial equity investment for this project was $76 million. With an estimated completion value of $500 million, the estimated development profit is $87 million.

A key benefit of development is that there is a huge profit potential that can be realized with a relatively small initial equity investment. This demonstrates the vast profit potential of development projects and why they are an excellent investment vehicle for Canadians.

Want to learn more about how to invest?

At Equiton, we understand the importance of making informed investment decisions to maximize your investment portfolio.

Whether you are a seasoned investor looking to diversify your portfolio or a first-time investor seeking to explore the potential of real estate, we have tailored solutions to meet your unique needs. Our investment offerings encompass a diverse range of property types, such as residential, commercial and development.

Take the first step toward enhancing your wealth while practicing responsible investing. Seize the opportunity now to connect with our team of investment specialists by clicking the ‘Contact us’ button below and start your journey towards achieving financial prosperity.