Avenue Living Core Trust

Avenue Living Core Trust, established in 2017, is a prominent player in the North American real estate market with a portfolio of over 17,000 multi-family units and more than $4.1 billion in assets under management, as of February 2024.

Based in Calgary, Alberta, Avenue Living specialises in “Workforce Housing,” catering to essential workers who earn too much for affordable housing programs, but cannot afford traditional market-rate housing. The trust focuses on acquiring properties below replacement value and enhancing them through capital and operational improvements, generating strong returns for investors.

In 2023, the trust delivered an impressive return of 11.24%, showcasing its ability to thrive in diverse market conditions.

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.

Avenue Living Core Trust invests in low-to-medium density multi-family residential properties across Canada and the United States. The trust’s strategy revolves around identifying undervalued assets in primary, secondary and tertiary markets and execution improvements to maximize both rental yields and property appreciation. Through a vertically integrated platform, Avenue Living handles everything from acquisition to property management, ensuring operational efficiency and higher resident satisfaction.

Avenue Living’s success lies in its deep-rooted relationships with lending and equity partners, which enable quick access to capital markets and support its disciplined approach to acquisition and renovation.