Vancouver proptech startup addy has launched its twentieth real estate investment opportunity and this time around it is a 18-room boutique hotel in La Belle Province.
addy believes in real estate for everyone with a crowdfunding platform that breaks down traditional barriers to real estate investment. As an addy member, you can invest in properties across Canada for as little as $1, enjoying fractional ownership without any work and a possible return on your investment.
Located in Montreal at 874 Sherbrooke Street East, the plan for addy’s first Quebec investment is to renovate and modernize the Victorian-era boutique hotel into a self-contained smart hotel designed for both short and extended stays.
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addy would like the property to be available to guests late in the Spring, with the possibility for addy members to book and enjoy a unique top-floor “addy suite.”
“We knew we couldn’t drop the boutique hotel located 874 Sherbrooke St East, in Montreal without enabling local residents to invest in it,” said Stephen Jagger, co-founder or addy.
“This is why we’re thrilled to announce that as of today, residents of Quebec can now join the addy platform, our community and invest in our upcoming properties.”
addy focuses on institutional commercial grade real estate investments, properties that generally range between $3,000,000 and $75,000,000 and available to the exceedingly wealthy with past properties including mixed-use buildings, apartment complexes and even an RV Resort.
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