Land Assembly Opportunity (completed)
This opportunity is no longer available. You may register to learn more about our current opportunities.
A land assembly in the growing community of Langford, BC
At Evest Funds we have coordinated a land assembly in the growing community of Langford, BC located at a strategic location with one of the lowest buildable costs on Vancouver Island and a pro-density local government, resulting in a high rate of return for our investors.
Investors can participate in Langford’s development future with as little as $25,000 invested and be at the forefront of this exciting land assembly opportunity.
Targeted Preferred Return
Langford Gateway expects to deliver a targeted preferred return of 15% annualized from the rezoning of the land assembly for investors participating within the first year. Investors can then elect to compound their investment returns by reinvesting in the second and third stages of the proposed development or can opt to be bought out at the end of each phase.
Phase One: Land Assembly
‘Usable’ buildable land with density is in short supply already, and well-positioned property, even more so. Located at a vital transit point, the proposed land assembly offers easy access to shopping, schools, hospitals, and green spaces.
Phase Two: Affordable Housing
The third phase includes housing options for the rental market, first-time buyers and younger families and may include condo units and townhouses.
Situated in an important transit corridor the 25,000 sq.ft. of allocated commercial space will provide amenities for residents in the proposed Langford Gateway, as well as capturing the built-in customer base for the resulting businesses.
DISCLAIMER: This document has been prepared by Langford Gateway Inc. (“the Company”), the general partner for the project, and is being provided solely as a guide to give background information to enable recipients to assess whether they wish to enter into discussions with the Company regarding this potential transaction. *All statements or views expressed and all statements relating to expectations regarding future events or the possible future performance of the proposed transaction represent the Company’s assessment and interpretation of information available as of the date of this document. Prospective Investors must determine for themselves what reliance (if any) they should place on such views, and the Company accepts no responsibility in respect thereof. Prospective investors are strongly advised to conduct their due diligence, including, without limitation, the legal and tax consequences of them investing in the proposed transaction. *No representation or warranty, expressed or implied, is or will be given by the Company or any of its advisors. Should any views be given as to expectations, these are illustrative only; none of the opinions should be taken as forecasts or promises on the part of the Company, nor should they be taken as implying any indication, assurance or guarantee that those assumptions are correct or exhaustive. *All liability for reliance on the contents hereof is expressly excluded. *This document does not constitute investment advice. This document does not amount to an invitation or inducement to buy or sell an investment, nor does it solicit any such offer or invitation in any jurisdiction as it is only provided for information purposes. *Participation may expose potential investors to a significant risk of losing their investment.
FORWARD-LOOKING STATEMENT: *This disclosure contains forward-looking information that is not complete. Please refer to Issuer’s current offering memorandum for full details. The forward-looking information is management’s projections based on project planning, and analysis using industry-accepted assumptions and analysis techniques for the real estate market for Langford and the project area in particular. While management believes its assumptions and analysis are valid and reasonable, actual results may vary from the forward-looking information and there are a number of inherent risk factors, such as variability in real estate pricing, prices for construction materials, and government policy that could have a negative impact on the Issuers and could cause actual results to differ materially from the forward-looking information. The Issuers undertake no responsibility to update their forward-looking information. The reader is directed to the Issuer’s current offering memorandum for full consideration of the risks, assumptions, and forward-looking information.