29 Harriet

29 Harriet St., Hamilton, ON

A 21,200 square foot light industrial and office property located in Hamilton, ON, possessing tremendous upside potential.

The Plan: Renovate, rebrand, and enhance building interior and exterior to bring building up to market rates.

This property sold out to 400+ Canadians in 63 minutes! These investments sell out quickly and they are reserved for our members.

Get Me a Membership

*We estimate a 33.1% IRR on this property. The key numbers to explain how we make this estimate are available within your addy account. Investments in this property are restricted to British Columbia, Alberta, and Ontario residents. Qualified members can invest from $1 and up to $1,500.

**This is the day when we issue a distribution, or the property exits — aka cash earned from doing zero things, aka #passiveincome. For this property, there is one Owners’ Day which is when it exits.

artist series 🎨

Our “Artist Series” addys feature stunning murals from local artists.

29 Harriet is another building in our artist series with Forge & Foster (the General Partner on this deal). Many of their buildings include a stunning piece of art created by a local artist. The first building in this series was One West that featured the mural Raise. 29 Harriet is the second one and will feature a piece by Pellvetica, a husband and wife duo from Kitchener, Ontario – Sandy Pell and Steve Pell.

Why a Bald Eagle?

The eagle, which came back to the Hamilton area 8 years ago after being gone for 50-ish years, is a symbol that the city is on track for an amazing century!

29 Harriet Mural

The Reel 🎥

Property Updates

About the Property

the gram 📷

The Exterior

The Renderings

The Interior

the highlights ✨

  • 4 storey brick and beam light industrial building
  • 21,200 square feet
  • JJ Restricted Light Industrial Zoning – the current zoning allows for a potential building height of 4 storeys and 17 metres and a variety of uses such as day nursery, retail grocery, wholesale shop, warehouse, and more.
  • The Property sits on 0.32 acres, a majority of which is utilized as parking on the eastern side
  • Will feature a stunning eagle mural by Pellvetica.

Location 📍

29 Harriet Location Map

Click here to view location on Google Maps

About The Area

  • 29 Harriet St. is in a prime location of Central Hamilton. Sitting in the high-growth film district of Barton-Tiffany the property could not be better located for its ideal usage.
  • The primary target market is the film, television and media production industry, with a vision to transform the area into a production hub.
  • The property is situated within the West Harbour Secondary Plan which was created to curate development and growth within the Pier 8, Bayfront, James St N, and Barton-Tiffany areas.

Market Demand

  • The market demand for flexible creative space and buildings that cater to the film/television/media industries are in great demand across the city of Hamilton. In fact, the surge in the city has pushed Hamilton to become the 3rd largest film business cluster in Canada. With the 3rd largest employment growth in Canada it is clear that the dynamic in Hamilton is changing with the film industry being a prominent leader of that movement.

The Investment Type 💰

Value-Add Opportunistic Investment Type

Risk profile: 

Moderate to high

Investor type:

For investors willing to take on more risk to achieve high returns and are willing to wait longer before they begin receiving returns for their investment.

What defines the risk level?  

A Value-Add investment often has little to no cash flow at acquisition but has the potential to produce a tremendous amount of cash flow once the value has been added (for example physical upgrades, better management, added services or more effective marketing).

Expected Return

The information presented below represents expected results of a $250,000 maximum offering and may not reflect actual results. The expected return (IRR and ROE) based on your investment amount can fluctuate up or down based on many factors. Please review the entirety of the Offering Memorandum and understand the risks stated in “Item 9 – Risks Factors”. You are not liable beyond your investment amount.
29 Harriet Estimated Returns

The Community investment committee 🧑‍🤝‍🧑

Purchase decisions are made collectively by our community investment committee and our Board of Directors which has a track record of investing in and managing real estate (learn more here). The Investment Committee for this property includes:

Tri Quach Headshot

TRI QUACH
ENTREPRENEUR | INVESTOR

Hamilton continues to be a solid investors market to see appreciation like Vancouver but at prices of 2012.

STEVE SARETSKY
REALTOR | HOST ‘THE SARETSKY SHOW’

Troy MacBeth Abromaitis

Troy MacBeth Abromaitis
Director of Development | Bucci Developments

Another successful investment opportunity with solid economic drivers and fundamentals.

What our members are saying 📣

“It was an easy way to invest some funds in real estate that I would normally not be able to afford on my own. It’s great to be part of something that is creating a new way of investing.”

Klaus / Toronto, ON

“My wife and I are excited to have discovered addy, and invested in a Starbucks location nearby — it’s nice to be able to participate in owning commercial real estate without putting up a bunch of money, and knowing we can drive by it anytime makes it more fun than buying stocks!” 

Shawn / Nanaimo, BC

“This is God sent, if you ask me. A chance to own a slice of commercial properties all over the country. An opportunity I otherwise wouldn’t have had had it not been for addy. I can’t thank addy enough. I eagerly await for addys to drop and with each investment, I know I’m actively improving my financial future.”

Jocelyn Armah / Google Review

How Do You Make Money?

You can make money in 2 ways:

  1. Sale of the Property: When the property is sold, any appreciation is paid back to investors in addition to their investment principal.
  2. Rental Income: When tenants pay rent, additional cash flow can be passed back to investors in the form of a distribution.

Details are outlined in the Offering Memorandum for each property.

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