NORTH OKANAGAN, British Columbia
Start Date: 2024
Expected Completion: 2030
CREATING AFFORDABLE HOUSING IN THE PRISTINE BEAUTY OF BRITISH COLUMBIA'S NORTH OKANAGAN
Approximately 350 acres of rolling hills near Vernon, B.C. (10 minute drive) will be transformed into a new semi-urban community. 1,000 small-footprint homes will be built on leased lots. The focus will be affordability to help address B.C.'s acute housing shortage. Prices will range from $350,000 to $475,000. In addition, there will be various retail, institutional, and community spaces added into the project, including walking trails and a library. The rural setting, easy access to urban amenities, and attractive price points will make the area highly appealing to a wide cross-section of home buyers. Families, retirees, and young professionals alike will love the active, recreation-focused lifestyle the location will provide. Investors in this project will do well while doing good. Projections show an annualized return of 30+% for the six year duration. |
The vision is to build a new village core and tech hub with shops, walkable streets, community gardens, and a library. These amenities will serve residents of the approximately 1,000 detached homes which will be built across the 350 acres.
The combination of modern small-footprint homes, rich community amenities, and the rural setting will make this a highly affordable and appealing new community. It will become a dazzling new focal point in the Okanagan region.
The combination of modern small-footprint homes, rich community amenities, and the rural setting will make this a highly affordable and appealing new community. It will become a dazzling new focal point in the Okanagan region.
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A bird's eye view of the gorgeous Commonage Road location
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Get a feel for the City of Vernon and it's year-round outdoor lifestyle
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Domaine Chartrand Campground, Lefaivre, Ontario
Purchase Date: March 2024
Domaine Chartrand Campground is approximately 15 acres of recreational commercial land currently containing 123 sites, including 122 seasonal trailer sites and one camping site. The property is located midway between Ottawa and Montreal along the Ottawa River with 930 feet of waterfront.
It's perfectly situated to receive visitors from across Ontario and Quebec. The campground is about a 90 minute drive from Ottawa and Montreal, and a 5-and-a-half hour drive from Toronto. Nearby attractions include: Confederation Park, Vankleek Hill Museum, Manoir Papineau historic site, and more. Onsite amenities include a restaurant, recreation hall, in-ground pool, laundromat, showers, sauna, and playground . |
Domaine Chartrand Campground has fantastic growth potential. With the intention of increasing rental income to market value and selling new tiny homes to park residents, we see this as another avenue to continue to establish one of the most robust asset classes in the recreational real estate market.
LAKEHOUSE, Summerland, British Columbia
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Lakehouse is a high-end, master-planned community in Summerland, British Columbia. Built on the shoreline of Okanagan Lake, nestled between a cherry orchard and the water, the 6.5 acre site features 45 custom-built family homes with covered decks and an extensive range of community amenities:
Developed in conjunction with the JV Dev Group and Kerkhoff Construction. |
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SOKANA, Penticton, British Columbia
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RIVERBROOK ESTATES, Kitimat, British Columbia
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Riverbrook Estates is 27.5 acres of undeveloped land in Kitimat, BC.
The proposed plan is to subdivide the 27.5 acres into five separate parcels and to sell these parcels to developers who will construct residential housing. Kitimat is a coastal town in northern British Columbia undergoing transformational change. Liquid natural gas (LNG) storage and export terminals are being built, allowing LNG to be piped from Alberta to the BC coast, and then to the world. Phase one of the $40-billion LNG Canada project is projected to be completed in 2025. The Kitimat terminal will create many new jobs for LNG staff and those workers will need a place to live. This project will feed into that demand. Developed in conjunction with the JV Dev Group and Kerkhoff Construction. |
THE ORCHARDS, Edmonton, Alberta
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The Orchards is a relatively new neighbourhood in the Ellerslie area of south east Edmonton that was established in 2007. It's quiet setting with a community hall, picturesque walking paths, and a strong sense of community.
The Orchards at Ellerslie is close to all amenities and is just a short drive to the airport, as well as the rejuvenated Ice District in downtown Edmonton where the storied Edmonton Oilers National Hockey League franchise plays. This project features the construction of 32 modern townhomes. Developed by Daytona Homes & the Redgum Group. |
COBOURG EAST CAMP GROUND, Grafton, Ontario
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Cobourg East Campground is a 40-acre parcel in Grafton, Ontario. It features 141 total camp sites, including 126 seasonal and transient sites for recreational vehicles and mobile homes, 13 tent sites, and two homes.
This is a well-cared for, family-owned campground that operates only during the warm months of the year. The property had positive cash flow when purchased. Additional value will be realized by increasing the number of rental pads, offering new tiny homes for lease, introducing professional park management by Forge & Foster's in-house team Harmony Resorts, and operating the camp ground year-round. Developed in partnership with Forge & Foster Investment Management |