15%
$25,000
TFSA
76
$4.8 M
$39 M
About Goldstream Residences
1+Den & 2 Bedroom Luxury Garden-Inspired Condominiums. Live enviably close to urban conveniences, a short distance from a wilderness playground, and across the street from the Royal Colwood Golf Club.
This development provides both high-quality residential accommodation and a public / community plaza. The landscaped gardens in-front of the building blend the development into the urban context and pedestrian spaces. A large amenity room opens out onto the rear garden with further outdoor space is provided at roof-level and an extensive landscaped patio overlooking the golf course. An additional amenity space is provided in the glass function/conference room that sits on the top floor overlooking the plaza.
The small material palette consists of natural earth-tones, and include stone, wood and high-quality white/grey composite cladding. The wood is used as a warm accent material on the soffits, plaza-element and within the recessed balconies. The materials both compliment and contrast with each other, promoting harmony and connecting the building to its context.
The benefits of real estate developments
Enhanced Returns
Tax Advantages
Investments can be made from a wide range of registered funds such as your TFSA & RRSP.
Diversification
Invest into an asset class with low correlation to the stock market.
Cynterra's Inner Circle
Access to Canada’s fastest-growing private equity investment community.
Cynterra
About The Investment
Tranche One - $3.5M
✔ 1/2 acre land purchased
✔ Zoning and land assembly consolidation completed
✔ Development permit issued for 76 residences
✔ Working technical drawings completed
✔ Building permit application submitted
✔ Disclosure statement finalized
✔ Prime central location just blocks from the town centre and new university
✔ Construction contracts out for tender
Tranche Two - $5M
✔ Presale campaign
✔ Finance application submitted to a Tier 1 lender with verbal approval
✔ Full retail sales program to launch early 2023
The catalysts of
Goldstream Residences is located in Langford’s urban core. Steps away from the championship course Royal Colwood Golf Club and minutes from the new $98m university announced August, 2022.
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Catalysts Include:.
- New University is being built within minutes walking distance..
- Top 3 of 5 fastest growing communities in Canada..
- One of the most developer-friendly mayors in BC and Canada..
- Big box stores are developing in Langford including the biggest Tesla Service Centers in BC..
Preliminary Massing
Current conforming architectural design is to build 76 units with 104 underground parking stalls. The design meets all of the City of Langford zoning requirements.
Initial massing of the 76 units is for approximately 52,000 sf of sellable property.
The Vision
The earlier you are in;
The larger your potential return.
*This document may contain forward-looking information that is or may not be complete. Any project analysis and forward-looking information is the Issuers projections based on project planning and analysis using industry-accepted assumptions and analysis techniques for the real estate market for the Project and is subject to error. While the Issuers’ management believes its assumptions and analysis are valid and reasonable, actualresults may vary from the forward-looking information and there are a number of inherent risk factors, such as variability in real estate pricing, prices for construction materials, and government policy that could have a negative impact on the Issuers or project and could cause actual results to differ materially from the forward-looking information. The Issuers undertake no responsibility to update their forward-looking information. The reader is directed to the Issuer’s current disclosure document, if any, for full consideration of the risks, assumptions, and forward-looking information.
Disclaimer
This document has been prepared by Goldstream Residences Corp. (“the Company”), the general partner of Goldstream Residences Limited Partnership (together the “Issuers), and is being provided solely as a guide to give background information to enable recipients to assess whether they wish to enter into discussions with the Company regarding this development project. *All statements or views expressed and all statements relating to expectations regarding future events or the possible future performance of the proposed transaction represent the Issuers’ assessment and interpretation of information available as of the date of this document. Prospective Investors must determine for themselves what reliance (if any) they should place onsuch views, and the Issuers accept no responsibility in respect thereof. Prospective investors are strongly advised to conduct their due diligence, including, without limitation, the legal and tax consequences of investing in the proposed transaction. *No representation or warranty, expressed or implied, is or will be given by the Issuers or any of their advisors. Should any views be given as to expectations, these are illustrative only; none of the opinions should be taken as forecasts or promises on the part of the Issuers, nor should they be taken as implying any indication, assurance or guarantee that those assumptions are correct or exhaustive. *All liability for reliance on the contents hereof is expressly excluded. *This document does not constitute investment advice. This document does not amount to an invitation or inducement to buy or sell an investment, nor does it solicit any such offer or invitation in any jurisdiction as it is only provided for information purposes. *Should participation occur such participation may expose potential investors to a significant risk of losing their investment.
