DK Wealth & Growth, Toronto, ON (2026)

08/22/2026

When I review a multifamily investment, I usually begin with the neighbourhood.

Buildings can be improved, replaced, or repositioned.

The location cannot.

That is why this Riverdale 9-plex caught my attention.

Riverdale is a mature, land-constrained central Edmonton neighbourhood with access to Downtown, the River Valley trail network, parks, cycling paths, Riverdale School, and established community amenities.

That scarcity matters because new multifamily development in premium central neighbourhoods can be difficult to replicate.

The rental product also serves more than one tenant profile.

The project includes:

4 family townhomes

• 3 bedrooms
• 3.5 bathrooms
• Approximately 1,480 sq. ft.
• Private ensuite for every bedroom
• Primary suite with walk-in closet and private balcony
• 6-month rental guarantee of $2,400 per month

4 legal suites

• 1 bedroom
• 1 bathroom
• Approximately 579 sq. ft.
• Private entrances
• 6-month rental guarantee of $1,300 per month

1 executive townhome

• 4 bedrooms
• 4.5 bathrooms
• Approximately 2,059 sq. ft.
• 6-month rental guarantee of $2,700 per month

The current financial structure includes:

• $3.08M third-party appraised value
• $2.85M purchase price
• Approximately $231K difference
• $29K closing rebate
• Construction already underway
• CMHC MLI Select eligible financing with a target of up to 95% for qualifying projects and borrowers*

The project did not make my investor list simply because it is priced below the appraisal.

It made the list because the location, unit diversity, construction status, financing structure, and lease-up protection support one another.

DM “RIVERDALE” to receive the full pro forma, building plans, investment analysis, and CMHC financing assumptions.

*The appraisal does not represent a guaranteed future value. All appraisal, construction, financing, rebate, and rental-guarantee details remain subject to verification, contractual terms, lender underwriting, CMHC approval, and final closing conditions.

08/21/2026

A new multifamily development in Riverdale is already uncommon.

That is why this 9-plex deserved a closer review.

The project recently received a third-party appraisal of $3.08M.

The purchase price is $2.85M.

That represents an approximate difference of $231K.

The appraisal comparison was meaningful, but it was not enough on its own.

The location is what strengthened the thesis.

Riverdale is:

• Minutes from Downtown Edmonton
• Surrounded by the River Valley trail network
• Close to parks, cycling paths, and outdoor recreation
• Located in a mature, land-constrained neighbourhood
• An area where new multifamily development opportunities are limited

The project also includes 3 distinct rental products:

4 family townhomes

• 3 bedrooms
• Family-sized layouts
• Designed for longer-term household demand

4 legal suites

• 1 bedroom
• Private rental spaces serving singles and couples

1 executive townhome

• 4 bedrooms
• Designed for larger households or executive tenants

That diversified unit mix may create broader leasing flexibility than a building dependent on one tenant profile.

The current project structure also includes:

• Construction already underway
• A 6-month rental guarantee
• CMHC MLI Select eligible financing
• A target of up to 95% financing for qualifying projects and borrowers
• A take-out mortgage structure
• February 2027 closing target

The project did not make my investor list solely because of the appraisal spread.

It made the list because the location, valuation, unit mix, construction progress, lease-up protection, and financing structure support one another.

DM “RIVERDALE” to receive the full pro forma, building plans, rental assumptions, investment analysis, and CMHC financing assumptions.

*The appraisal is not a guarantee of future value or realized equity. All appraisal, construction, financing, rental-guarantee, and closing details remain subject to supporting documentation, contractual terms, lender underwriting, CMHC approval, and final project conditions.

08/19/2026

CMHC MLI Select is not a loophole.

It is a policy tool designed to support rental housing across Canada.

For qualifying projects, the structure can improve:

• Loan-to-value
• Amortization
• Interest rate
• Monthly cash flow
• Capital efficiency

That is why the financing structure can matter just as much as the property itself.

A $10M apartment building at 75% conventional financing may require $2.5M in equity.

At 95% CMHC MLI Select financing, that equity requirement may be closer to $500K.

Same asset.

Very different capital requirement.

DM "MLI" to see a current Alberta project structured around this model.

08/18/2026

Many investors assume larger multifamily properties automatically require dramatically more capital.

Commercial financing doesn't always work that way.

The structure behind the financing can significantly influence:

• Equity required
• Leverage
• Portfolio scalability
• Long-term growth potential

Understanding financing structure is often just as important as understanding the property itself.

What's the biggest barrier keeping you from multifamily investing today?

08/15/2026

For investors transitioning from single-family rentals into multifamily, more units should not be the only objective.

The quality of the rental product still matters.

This completed 8-plex in Jasper Park stood out because the design and location appear aligned with a clear tenant profile.

The project includes 4 true 2-storey upper townhomes, each with:

• 3 bedrooms
• A dedicated main-floor office
• 2.5 bathrooms
• Approximately 1,332 sq. ft.
• A 6-month rental guarantee of $2,100 per month

The project also includes 4 legal 2-bedroom lower suites of approximately 725 sq. ft., with a 6-month rental guarantee of $1,300 per month.

Every unit is separately metered.

The location reinforces the family-oriented product.

The building sits directly across from Eddy Mark Shaske Jr. Park and is within walking distance of Stratford School and James Gibbons School.

The current financial structure includes:

• $2.249M purchase price
• $112K deposit
• $30K closing rebate
• 6-month rental guarantee
• Approximately $82K estimated net cash-in after the rebate*
• Potential closing within 30–45 days*

This project did not make my investor list simply because of the estimated cash requirement.

It made the list because the product, location, financial structure, and closing timeline work together.

DM “JASPER” to receive the full pro forma, building plans, investment analysis, and CMHC financing assumptions.

*Assumes up to 95% CMHC MLI Select financing and remains subject to project qualification, lender underwriting, CMHC approval, legal review, contractual terms, financing assumptions, closing adjustments, and final costs.

08/15/2026

For investors transitioning from single-family rentals into multifamily, more units should not be the only objective.

The quality of the rental product still matters.

This completed 8-plex in Jasper Park caught my attention because the design appears aligned with a clear tenant profile: families and professionals looking for space, schools, and access to green space.

The project includes:

• 4 true 2-storey upper townhomes
• 3 bedrooms plus a dedicated main-floor office in each upper unit
• 4 spacious legal 2-bedroom lower suites
• Separate utility metering for every unit

The location reinforces that product.

The building sits directly across from Eddy Mark Shaske Jr. Park, with Stratford School and James Gibbons School both within walking distance.

From a structural perspective, the current offering includes:

• $2.249M purchase price
• Up to 95% CMHC MLI Select financing for qualifying projects and borrowers
• $30K closing rebate
• 6-month rental guarantee
• Approximately $82K estimated net cash required after the rebate*

The project is also already completed, creating the potential for a 30–45 day closing using a take-out mortgage rather than waiting through a construction period.

Strong financing can improve an opportunity.

But it becomes much more compelling when the product, location, and timeline already make sense.

DM “JASPER” to receive the full pro forma, building plans, financing assumptions, and underwriting package.

*All financing, cash requirement, closing, and rental guarantee details remain subject to project qualification, lender underwriting, CMHC approval, legal review, final closing costs, and contractual terms.

08/12/2026

Every investor starts somewhere.

For me, that was single-family rentals.

They built equity, generated rental income, and taught valuable investing lessons.

But over time I realized something important.

The issue wasn't the quality of the properties.

It was the scalability of the model.

Commercial multifamily introduced a completely different way of thinking about financing, portfolio growth, and long-term wealth creation.

Sometimes the biggest investment shift isn't buying a different property.

It's adopting a different framework.

08/11/2026

My early investing journey looked a lot like most investors.

Buy a property.

Build equity.

Repeat.

There was nothing wrong with that approach.

But eventually I realized I was adding more properties without fundamentally changing how fast the portfolio could grow.

That realization led me toward commercial multifamily—and a completely different way of thinking about financing, scalability, and long-term wealth creation.

Has your investment strategy evolved over time?

08/08/2026

Investors often ask me which multifamily project is the best.

But that question leaves out the most important variable:

The investor.

The right opportunity depends on your available capital, financing capacity, preferred timeline, portfolio size, and long-term objectives.

Here is how I would currently compare 5 opportunities:

Mill Woods 8-Plex — Long-Term Rental Product

A rare 3-storey stacked-townhouse design with oversized lower units, directly across from a school and park. This may appeal to investors prioritizing family-oriented demand and tenant retention.

Inglewood 9-Plex — Faster Rental Income

The property is move-in ready, which may allow leasing to begin quickly once financing, closing, and possession conditions are completed.

Grovenor 14-Plex — Built-In Equity

The project is priced approximately $170K below a recent third-party appraisal, with construction expected to be completed within approximately 30 days.

Sherwood 8-Plex — Value and Capital Efficiency

The project combines a rare two-building layout, oversized townhouse-style lower units, and one of the lowest estimated cash requirements in the current inventory.

Leduc 30-Unit — Portfolio Scale

The project includes a $415K closing rebate, above-ground lower suites, garage parking for every unit, and a reported market vacancy rate of 1.7%.

None of these projects is automatically the right fit for every investor.

Each one has a different strategic reason it may work.

DM “TOP 5” to receive the building plans, full pro formas, financing assumptions, and my underwriting package.

All figures remain subject to verification, lender underwriting, CMHC qualification, supporting documentation, construction progress, and final project conditions.

08/07/2026

Investors often ask me which multifamily project is the best.

But that question leaves out the most important variable:

The investor.

The right opportunity depends on your available capital, financing capacity, preferred timeline, portfolio size, and long-term objectives.

Here is how I would currently compare 5 opportunities:

Mill Woods 8-Plex — Long-Term Rental Product

A rare 3-storey stacked-townhouse design with oversized lower units, directly across from a school and park. This may appeal to investors prioritizing family-oriented demand and tenant retention.

Inglewood 9-Plex — Faster Rental Income

The property is move-in ready, which may allow leasing to begin quickly once financing, closing, and possession conditions are completed.

Grovenor 14-Plex — Built-In Equity

The project is priced approximately $170K below a recent third-party appraisal, with construction expected to be completed within approximately 30 days.

Sherwood 8-Plex — Value and Capital Efficiency

The project combines a rare two-building layout, oversized townhouse-style lower units, and one of the lowest estimated cash requirements in the current inventory.

Leduc 30-Unit — Portfolio Scale

The project includes a $415K closing rebate, above-ground lower suites, garage parking for every unit, and a reported market vacancy rate of 1.7%.

None of these projects is automatically the right fit for every investor.

Each one has a different strategic reason it may work.

DM “TOP 5” to receive the building plans, full pro formas, financing assumptions, and my underwriting package.

All figures remain subject to verification, lender underwriting, CMHC qualification, supporting documentation, construction progress, and final project conditions.

DK Wealth & Growth

08/22/2026

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08/19/2026

08/18/2026

08/15/2026

08/15/2026

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08/07/2026

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