Avenue Living Core Trust
Location
Across Canada & US
Risk Profile
Low - Moderate
Min. investment
$5,000
Investment Strategy
Core Plus
Developer
Avenue Living
ARR
8 - 12% over 10 years
Horizon
Open-Ended
Avenue Living is a private multi-family real estate asset owner and operator based in Calgary, Alberta, with a portfolio of over ~17,000 multi-family units and over $4.1 billion in total assets under management as at February 13, 2024. With assets in both Canada and the United States, Avenue Living has strategically positioned itself to become a premier North American owner-operator of low-to-medium density residential assets that caters to a niche market within the multi-family universe called "Workforce Housing". The trust's return in 2023 was 11.24%.
Gain Exposure to the "Workforce Housing" Market
Workforce Housing caters to a city’s “essential workers”, who are overqualified for affordable housing yet may not be able toafford average market-rate homes, whether for rent or purchase.
Register Fund Eligible
Invest through your RRSP, TFSA, RESP, LIRA, or RRIF accounts.