Ongoing Developments

Five active builds. One city.

Townhouse developments currently under construction across Edmonton — every project shown here is shovel-in-the-ground, with completion and lease-up targeted for early 2027.

Active Projects
5
Total Units
40
Combined Cost
~$8.05M
Projected Appraisal
~$11.25M
Ritchie Row — 6 Units townhouse development in Edmonton
Under Construction6 Units

Ritchie, Edmonton AB

Ritchie Row

Six modern row townhomes on an infill site in one of Edmonton's most walkable mature neighbourhoods, steps from Whyte Ave and the new Valley Line LRT.

Total Project Cost
~$1.48M
Equity Invested
~$235K
Projected Appraisal
~$2.08M
Projected Value Add
~$600K
Target IRR
~21%
Est. Completion
Q1 2027

Project Timeline

  1. Q3 2024

    Land Acquired

  2. Q2 2025

    Permits Approved

  3. Q3 2025

    Construction Start

  4. Q1 2027

    Completion & Lease-Up

High Park Eight — 8 Units townhouse development in Edmonton
Under Construction8 Units

High Park, Edmonton AB

High Park Eight

Eight 3-storey townhomes on a west-end corner lot, designed for young families with attached garages and roof-deck options.

Total Project Cost
~$1.55M
Equity Invested
~$260K
Projected Appraisal
~$2.15M
Projected Value Add
~$600K
Target IRR
~22%
Est. Completion
Q1 2027

Project Timeline

  1. Q2 2024

    Land Acquired

  2. Q1 2025

    Permits Approved

  3. Q2 2025

    Construction Start

  4. Q1 2027

    Completion & Lease-Up

Glenwood Eight — 8 Units townhouse development in Edmonton
Under Construction8 Units

Glenwood, Edmonton AB

Glenwood Eight

Eight contemporary townhomes with cedar accents and rooftop patios on a quiet mature west-end street, walking distance to Meadowlark transit.

Total Project Cost
~$1.62M
Equity Invested
~$275K
Projected Appraisal
~$2.18M
Projected Value Add
~$560K
Target IRR
~21%
Est. Completion
Q1 2027

Project Timeline

  1. Q3 2024

    Land Acquired

  2. Q2 2025

    Permits Approved

  3. Q3 2025

    Construction Start

  4. Q1 2027

    Completion & Lease-Up

Delwood Row — 8 Units townhouse development in Edmonton
Under Construction8 Units

Delwood, Edmonton AB

Delwood Row

Eight charcoal-and-stone townhomes on a mature north-Edmonton lot, sized for long-term rental hold with low-maintenance cladding and full basements.

Total Project Cost
~$1.58M
Equity Invested
~$265K
Projected Appraisal
~$2.12M
Projected Value Add
~$540K
Target IRR
~20%
Est. Completion
Q2 2027

Project Timeline

  1. Q4 2024

    Land Acquired

  2. Q2 2025

    Permits Approved

  3. Q4 2025

    Construction Start

  4. Q2 2027

    Completion & Lease-Up

Calder Ten — 10 Units townhouse development in Edmonton
Under Construction10 Units

Calder, Edmonton AB

Calder Ten

A ten-unit townhouse row on an oversized north-central lot — the largest active project in the portfolio, with individual front porches and mixed Hardie / stucco cladding.

Total Project Cost
~$1.82M
Equity Invested
~$305K
Projected Appraisal
~$2.72M
Projected Value Add
~$900K
Target IRR
~24%
Est. Completion
Q2 2027

Project Timeline

  1. Q3 2024

    Land Acquired

  2. Q1 2025

    Permits Approved

  3. Q2 2025

    Construction Start

  4. Q2 2027

    Completion & Lease-Up

Renderings are illustrative. Projected appraisals and IRRs are based on underwriting at acquisition and prevailing Edmonton comparables; actuals will vary at completion. Full pro-formas, capital stack, and construction reporting are available to partners on request.

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