Residential Growth Fund I
Residential Growth Fund I
The Residential Growth Fund I, available exclusively to Canadian investors, targets long-term capital growth by acquiring multifamily residential properties with identified improvement potential and enhancing their value through targeted improvements and active management. As value is created, the Fund is designed to strategically monetize equity from these assets and reinvest the capital into new acquisition opportunities or additional improvements across the portfolio, supporting continued growth over time.
By prioritizing reinvestment and portfolio growth, rather than regular cash distributions, the Fund is structured to support long-term capital appreciation for investors.
Target 10 – 14%* Annual Net Return (Over 5+ years)
*Targets/illustrative scenarios are not guarantees; actual results may differ. See Offering Memorandum for details and risks. Please read full disclaimers here
Limited Time: Early Investor Advantage
To reward your trust, seed investors in the Fund will get 10% additional units** on all net new purchases. For example, if you purchase 1,000 units, you would receive 1,100 units total! Starting June 1st, the Early Investor Advantage reduces to 8% additional units. Book a no-obligation call now to secure your additional units!
**Early qualified investors will receive 10% additional units on all net new purchases made before May 31, 2026. This incentive is anticipated to be reduced by 2% every third month thereafter, until it reaches 4%. Additional units are available to qualified investors on a first-come, first-served basis. Terms and conditions apply. Additional units and related distributions will be subject to recall if redeemed within three years. See the Early Investor Bonus Program section of the Offering Memorandum for more details. The program is subject to change and may be terminated at any time.
Built on
proven expertise
Across Canada, apartment buildings with untapped potential are waiting to be transformed.
At Equiton, we’ve been doing exactly that for over a decade — everything from new builds, acquisitions, and hands-on property management.
Our expertise is the foundation of the Residential Growth Fund I
The Fund is designed to generate long-term capital growth by:
Acquiring multifamily residential properties with identified improvement potential
Enhancing their value through targeted improvements and active management
Reinvesting capital into new acquisitions and additional improvements across the portfolio
Fund Strategy
With multiple properties at different stages, long-term investors may benefit as more properties complete the cycle.
Key Strategy Benefits
Diversified Exposure
Multiple Canadian markets and/or properties helps reduce reliance on any single region or asset.
Active Management
Each stage is overseen by dedicated, in-house teams with 100+ years of combined experience.
Focus on Capital Appreciation
Rental income, debt and capital are used to enhance property values through targeted renovations and active management.
Registered Plan Eligible (Trust Units Only)
Available for registered plans including RRSPs, TFSAs, RESPs, LIRAs, and more.
Why Invest in
Improving Multifamily Apartments?
Multifamily apartments are an established asset class (Private Canadian Apartments1) and have long formed an important part of diversified portfolios for high-net-worth and institutional investors. Private real estate investments provide investors with access to professionally managed real estate portfolios without the significant upfront capital required to purchase properties directly.
Residential real estate fulfills a fundamental need—housing. This Fund is designed to improve older apartment buildings through active management and targeted capital investment, enhancing the quality of existing housing while generating long-term capital growth for investors.
Private real estate investments offer the potential benefits of real estate investing without the headaches, hassle or stress of property management and maintenance.
1 Private Canadian Apartments = MSCI/REALPAC Canada Quarterly Property Fund Index – Residential / MSCI Real Estate Analytics Portal (not publicly available)
*Targets/illustrative scenarios are not guarantees; actual results may differ. See the Equiton Residential Growth Fund I Trust Offering Memorandum for more details and risks. Please read full disclaimers at equiton.com/disclaimers.
FAQs
Simply put, it’s a buyer’s market with favourable conditions for acquiring multifamily properties at more attractive pricing. Equiton has identified a growing pipeline of privately owned apartment buildings in major Canadian markets that may benefit significantly from professional management, capital investment, and operational improvements. By launching the Fund during this unique market window, we can acquire more properties at attractive prices — helping set investors up for meaningful long-term value creation
Designed for investors focused on long-term capital growth rather than monthly income, this strategy may appeal to those who recognize the wealth-building potential of real estate—or appreciate the transformation of properties—while preferring to leave day-to-day management to Equiton’s experienced team. It may also suit individuals planning for long-term financial goals, such as retirement or legacy planning, who are looking to expand their portfolios with exposure to private multifamily real estate—an asset class that typically has higher barriers to entry.
The purpose of this Fund is to grow long-term value for investors by prioritizing reinvestment and portfolio growth rather than monthly distributions. As properties are improved and asset values increase, investors may benefit through unit price appreciation and/or special distributions paid in either cash or additional Trust Units or LP Units.
The Fund’s 5+ year investment period realistically reflects the time required to execute its strategy of (1) acquiring multifamily properties, (2) enhancing them through operational and physical improvements, and (3) ultimately reinvesting capital back into the Fund to make additional improvements to the portfolio, to acquire new properties or make a distribution to investors. Just like completely renovating a house, enhancing multifamily buildings is a multi-year process.
As an open-ended fund, multiple properties are typically at different stages of this cycle at any given time. This strategy is designed to benefit long-term investors as more properties complete the property cycle.
The Fund’s asset-aligned liquidity framework permits redemptions subject to a cap of 2.5% of NAV per quarter and 10% of NAV annually, balancing the needs of investors seeking liquidity with the goal of maximizing portfolio returns for existing investors.
- Redemptions are processed quarterly with a minimum of 90 days’ notice.
- Payment is made on the 15th day following the end of each calendar quarter.
- Where redemption requests exceed the quarterly limit, Trust Units may be rescinded and remain invested in the Fund or satisfied through the issuance of Redemption Notes, while LP Units will be rescinded and remain invested in the Fund.
Redemption terms may be changed from time to time at the Asset Manager’s discretion. For full redemption details, please refer to the Offering Memorandum.
Contact Us Today
Who Can Invest?
‡ In each of the two most recent calendar years and who reasonably expects that income level in the current calendar year.
*Varies by province, subject to suitability limitations.
**When working with an Advisor.
Equiton Investment Specialists
Contact our team today to learn more about how our investment solutions can help you invest like the wealthy and add diversity to your portfolio. For general inquiries: inquiries@equiton.com
Rose Baker
Associate Vice-President, Private Capital Markets
Director, Private Capital Markets
Senior Associates, Private Capital Markets
Associates, Private Capital Markets
Questions?
Contact us anytime to learn more about private real estate investing.