Centra
Location
Surrey, BC
Risk Profile
Moderate - High
Min. investment
$20,000
Investment Strategy
Value Add
Developer
Everest Group
ARR
17.5%
Horizon
3 years
The Centra Project is a new 24-story condominium development located in the thriving community of Surrey, British Columbia. Surrey is one of the fastest growing cities in Canada. The project will include 164 residential condominiums, three townhouses and two levels of underground parking. The location is close to Skytrain, restaurants, shopping, Memorial Hospital, Simon Fraser University and a short drive into downtown Vancouver.
Construction is out of the ground, with 8-9 stories built. Completion date has been updated to April 2025.
Above Average Return & Relatively Low Risk
This premium residential project is already 80% sold, with construction to be completed in just two years and has a preferred return of 17.5% senior to all equity in the project
Rapidly-Growing City & Stellar Location
Surrey is the fastest-growing city in British Columbia with it's population anticipated to more than double in the next decade. Centra by Everest is located a nine-minute walk to the city centre. The development is nestled within a quaint, family-friendly neighbourhood rich with greenery.
Highly Reputable Developers: Everest
Established in 2002, the Everest team has over 150 years of combined experience in real estate and construction management, with a proven track record of excellence.
0% Fees
For this investment, there are no transaction or management fees. If you choose to sell your investment in the secondary market, only the seller pays 1% commission.
