FUTURE PROJECTS

As an investor you do not directly invest into the development projects and other real estate assets. Instead, you are invested in the Mutual Fund Trust. The Fund then invests into each individual project.

Once a project is completed, the Participating Profit Share is divided among the current investors and the Fund capital is then redeployed into the next project.

Future Projects:

MULTI-FAMILY DEVELOPMENTS UNDER BILL 47, VANCOUVER, BC.

Key Project Facts

The Fund will be acquiring several lots that fall under Bill 47.
In June 2024, local municipalities in BC adapted Bill 47 to update zoning bylaws to allow either “a minimum of one secondary suite or detached accessory dwelling unit, a minimum of three to four dwelling units, or a minimum of six dwelling units in selected areas near bus stops with frequent transit service”.
The vast majority of the transit-oriented areas (‘TOA’s’) are in B.C.’s Lower Mainland, including 27 within Vancouver alone.
Single family lots that fall under these regulations are not subject to a rezoning, meaning, a developer can apply for a development permit for 4 or 6 units without the need for rezoning process or public hearings.
These units do not require on-site parking on lots required to permit a min. of 6 homes.
WCMIF will form a development team and plans will be drawn up for 4 to 6-unit multiplex developments. The plan is for the developments to be duplicatable to streamline development as much as possible.
Construction completion is projected as 12 to 16 months.

The Beach House at Saratoga project resulted in a return on investment of approx. 13% per annum, which is made up of the annual fixed target interest rate plus the participating profit share.

*Results of the past offer no guarantee for future results. Projections are subject to many variables. Please read the Offering Memorandum in its entirety prior to investing.

FUTURE PROJECTS

Future Projects:

MULTI-FAMILY DEVELOPMENTS UNDER BILL 47, VANCOUVER, BC.

Key Project Facts

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