Description
The Location
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.
Estimated Return, Explained
We estimate a 35%* return on this property. Here are the numbers to explain how we make this estimate.
Property Cost
$478Development Cost
$499Cost Breakdown
60% debt and 40% equity
Sell Price
$1,115Return On Equity
35%Annualized Rate
14%Property Cost
$478Development Cost
$499Cost Breakdown
Sell Price
$1,115Return On Equity
35%Annualized Rate
14%Property Cost
$478Development Cost
$499Cost Breakdown
Sell Price
$1,115Return On Equity
35%Annualized Rate
14%Property Cost
$478Development Cost
$499Cost Breakdown
Sell Price
$1,115Return On Equity
35%Annualized Rate
14%60% debt and 40% equity
FAQ
More FAQsHave a question? Email usHow 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+%.
Owners
Michael Stephenson & Stephen Jagger
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.
