Buy shares of lucrative income-producing real estate properties and own direct real estate – without the landlord headaches
Monitor your portfolio online down to the smallest detail – see detailed real-time reports showing the monthly incomes of each apartment unit and corresponding expenses – view exactly how your profit is generated
Earn passive income each month paid directly into your bank account. Your investment value grows as the mortgage is paid down and if property values appreciate.
Unlike large-scale REIT and investment funds, you get to choose which investment properties to fund, giving you the ability to diversify your investment portfolio and the potential to transform your community.
Stephen is the Founder and President of Revel Development Corporation and is responsible for all design, development, acquisition, financing and strategic activities. Stephen expresses his passion for design through real estate development creating unique communities. Stephen has personally acquired and financed all Revel assets. He has assembled land for future multifamily intensification for over one thousand additional units. His eye for design and problem solving ability comes from a degree in Systems Design Engineering from the University of Waterloo. He began his development career by turning a side-split single family house in Waterloo into a technology incubator on Batavia Place. Stephen was previously a Development Associate at Auburn Developments Inc. where he played a key role in the approvals of the Arrow Lofts in Kitchener and the community changing brownfield development at the BarrelYards in Waterloo. In his career prior to Revel, he managed the relocation of an entire natural gas powerplant from New York City to Texas, changed the way automotive engineers prototype engine control systems and developed a economically viable plan to convert waste animal oils into bio-diesel fuel.
Stephen’s personal interests are in historic homes, foregone architecture, unique food and beverage, interesting cars, telemark skiing and cycling of all sorts.
Adam’s personal interests include rock climbing, camping, traveling and enduro motorcycles.
Andrew is the Founder and President of the Iron Horse Construction Corporation (formerly Madison Avenue Construction Corporation). With a lifetime of hands-on construction experience and University of Waterloo Engineering degree he provides a unique modern blend practical and systems based Construction Management. Armed with a portfolio of experience in commercial, residential and institutional construction Andrew and his team have enabled the rapid and sustainable expansion of the Construction Management division. With an emphasis on technology he works to bring this industry into a new generation of efficiency, accuracy and safety.
Andrew’s personal interests include hockey, camping, traveling and Ironman triathlons, which he successfully completed in 2013.
How does real estate generate investment returns?
Tenants pay rental income each month that cover all property expenses – mortgage payment, insurance, maintenance, property tax, utilities, etc. The leftover cashflow is distributed directly to investors, monthly.
The monthly rental income pays down the mortgage balance each month, increasing your equity in the property and corresponding account value.
If market rents increase due to various factors such as building improvements, a growing economy, increased immigration, or inflation – the earning potential of your property increases and so does its value and your investment share.
I’ve always been interested in owning investment property but I wasn’t interested in managing it on my own. Open Avenue has provided me with a perfect opportunity to become a real estate investor without worrying about toilets, tenants and upkeep.
I love being able to view online in real-time how my investments are performing – I can see up-to-date performance values and expected returns, and even verify that all my tenants paid their rents last month.
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Past performance is not indicative of future performance. Any financial projections or returns shown on the site are illustrative examples only. Investors should conduct their own respective due diligence and not rely on the financial assumptions or estimates that are displayed on the site. Fluctuations in the value of the assets that are the subject of any investment are to be expected. Additional risks exist due to a variety of factors, including, but not limited to, leverage, property operations, business risks, management and environmental liabilities. There is a potential for loss of part or ALL of the investment capital, and each investor should understand that all capital invested may be lost. Investors should only consider these investments if they have no need for liquidity and can bear the risk of losing their entire investment.