A rare opportunity to acquire stabilized residential units within a completed downtown asset—offered in pre-packaged portfolios with proven operating history and little-to-no lease-up risk.

Glasshouse’s final inventory is now available in the form of six bundled residential portfolios.

Each package contains 3 to 5 condominium units with established tenancies, providing immediate income from Day One. These units have been owned and managed over an extended period, resulting in a stabilized rental profile and consistent operating performance.

Unlike typical pre-construction or lease-up opportunities, this offering is based entirely on in-place rents and actual operating costs, including property taxes, condominium fees, insurance and a maintenance allowance. No pro forma assumptions. No reliance on future appreciation. Just the real numbers as they exist today.

This offering represents a unique opportunity to acquire scale within a completed downtown residential building, where units have been aggregated and stabilized over time. These portfolios are well-suited to investors seeking stable, in-place income without the uncertainty of lease-up or repositioning.

Detailed financials available upon request

Including rent rolls, operating statements, and package-level underwriting.

Contact Brenna Smith to review availability and receive full investment details.

*Cap rate based on in-place income where applicable and current operating expenses. Pricing subject to change without notice.

Brenna Smith

e. brennasmith@royallepage.ca

c. 204-293-4449 o. 204-885-5500

 
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