Chateau Apartments
Chateau Apartments is located in the heart of Calgary’s vibrant downtown, surrounded by some of the city’s best restaurants, cafés, and entertainment spots. With quick access to Crowchild Trail, Macleod Trail, and Edmonton Trail, as well as nearby CTrain service, this community offers excellent connectivity for both commuters and downtown professionals. Residents enjoy the convenience of urban living with nearby parks, playgrounds, and walking paths providing space to unwind outdoors. Thoughtfully maintained, the community features a BBQ patio, Wi-Fi lounge, and a meeting room, designed to support a modern, connected lifestyle.
• Spacious apartments in the heart of Downtown Calgary’s business district
• Well-positioned, offering high-quality amenities and finishes at prices well below newer concrete product
• Strong leasing team has maintained consistently high occupancy
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Broadway Centre
Located in a premier location within Calgary’s desirable Beltline neighbourhood, Broadway Centre is in close proximity to 17 Avenue and 4 Street SW which offer several of Calgary’s trendiest restaurants, cocktail bars, and boutique shops. The community is within walking distance to the downtown core and the Calgary Stampede grounds. In 2018, Broadway Centre (formerly known as Beltline Towers) underwent a comprehensive renovation and rebranding including major exterior and interior scopes. The revitalized community provides an affordable luxury option featuring a full fitness centre, community room, BBQ patio and renovated lobbies and hallways worthy of its prime location within the Beltline. In recognition of the transformation, the community was awarded the Best Renovation of the Year Award at the 2019 Calgary Residential Rental Association Gala.
Comprehensive transformations included lobby areas (above) and BBQ patio (below).
Major exterior upgrades include full paint, glazing and elevated Boardwalk branding
2018 Scope of Work
» Exterior Building painting, Landscaping, and Signage
» Lobbies
» WIndows/Doors, Glazing
» Experience Centre
» Hallways and Show Suites
» Laundry Rooms
» Patio and Fitness Centre
» Community Room Notes From Management
• Repositioning of a historically difficult community with chronically-high turnover and surrounding crime
• Significant upgrade in Resident Member profile and asset quality
• Fulsome repositioning scope provided many learnings for future value-add capital projects in subsequent years
Left to right: community room kitchen, fitness centre, show suite.
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Randal House
Just steps from 17th Avenue and a block from Boardwalk’s head office, Randal House is located in Calgary’s dynamic Beltline neighbourhood. This centrally located community offers walkable access to local shops, restaurants, and entertainment, along with easy connections to downtown, Crowchild Trail, and Macleod Trail.
Surrounded by parks and green space, Randal House combines urban energy with outdoor appeal. The community has been recently refreshed with modernized hallways and interiors. On-site amenities include a fitness room, sauna, and games room, providing added comfort for Residents of all ages.
• Large balconies provide sweeping views of downtown Calgary
• Year-to-date Net Promoter Score of 92
• Immediate access to Calgary’s finest restaurants and entertainment
• May 2025 occupied rent of $1,685 offers affordable living in irreplaceable location, priced well-below newer product in the surrounding area Notes From Management
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Elbow
5 Eight
Elbow Five Eight is located along the scenic tree-lined Elbow Drive, which follows the Elbow River through Calgary’s storied neighbourhoods of Windsor Park, Britannia, and Mission. Britannia in particular offers high-street retail within a quite node, providing a charming shopping experience. Centrally-located in close proximity to Chinook Center mall, downtown Calgary, Sandy Beach Park, and nearby communities of Britannia and Bel Aire.
Notes From Management
• 255-suite newly built wood frame community featuring condo-quality finishes, a residents’ lounge, and rooftop terrace.
• Forward purchase structure with wellrespected developer. Boardwalk closed on the purchase at end of Q1 2025 for $93 million ($365k per suite).
• Lease-up at approximately 40% as of end of June. Anticipating 5.70% yield on purchase price on full stabilization with valuation cap rates for fully occupied newer product in the 4.5 – 5.0% range.
Elbow 5 Eight Total Suites Rented
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The Bella, The Vanessa and The Samantha
Affectionately known as The Three Sisters, these charming, low-rise communities are located in the well-established inner-city neighbourhood of Britannia. This area is surrounded by mature residential streets and is a short walk to boutique retail and local favourites like Village Ice Cream, Native Tongues, and Lina’s Italian Market.
With convenient access to Macleod Trail, Glenmore Trail, Elbow Drive, and Chinook Centre just minutes away, these communities are ideal for Residents seeking calm surroundings with urban convenience. The Three Sisters offer a quiet, family-friendly atmosphere with long-term rental appeal.
Notes From Management
• Small acquisitions in irreplaceable locations with interim holding income and future redevelopment potential
• Steps from Elbow River pathway system and Sandy Beach Park
• Situated in one of the most desirable neighborhoods within Calgary
• Acquired for an aggregate purchase price of approximately $5.0 million
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Lakeview Apts & Lakeside Estates
Lakeside Apartments and Lakeview Estates are two low-rise communities nestled in the established southwest neighbourhood of Lakeview, adjacent to Glenmore Reservoir. Residents enjoy a peaceful, suburban setting with excellent access to Glenmore Trail, Crowchild Trail, and Macleod Trail.
With direct access to walking paths, parks, and playgrounds, and easy access to Highway 1 for day trips to the Rocky Mountains, these communities are a great fit for families and outdoor enthusiasts looking for room to grow.
Notes From Management
• The nearby university, Mount Royal University, has a total of 15,782 students
• Immediately South of the site, the Glenmore Reservoir contains a 14 km trailway, the historical village of Heritage Park, and the Glenmore Sailing Club
• The 3-bedroom suites at Lakeview and Lakeside are a differentiator relative to apartment buildings in neighboring areas
• Nearby Ring Road (completed 2023) provides access to across the city within a half hour
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Westwinds Village
Westwinds Village is tucked into the southwest community of Glenbrook, just minutes from downtown Calgary and steps from Mount Royal University, making it a great fit for students, faculty, and young families alike. With easy access to Sarcee Trail, the nearby CTrain, and major shopping hubs like Signal Hill, convenience is always close to home. Surrounded by parks, schools, and green space, Westwinds offers a welcoming, pet-friendly environment that’s ideal for families and professionals. Thoughtfully maintained and community-minded, it’s a place where residents can settle in, study, grow, and thrive.
TOUR STOP
• Investments into exterior have extended the life and efficiency of the property
• The property offers a best-in-class legacy apartment experience and maintains spread to newer exurban developments
• Convenient location with ample shopping nearby
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Prominence Place
Prominence Place is located in the quiet, established neighbourhood of Patterson in southwest Calgary. Set among mature trees and walking paths, this community offers a peaceful, residential setting with convenient access to downtown and nearby roadways. With parks, green space, and scenic views close by, Prominence Place offers a strong sense of community and a balanced lifestyle, perfect for those who value both comfort and accessibility.
TOUR STOP
Notes From Management
• Tucked away in an older, quiet neighborhood in Western Calgary with easy connectivity out to the Rocky Mountains
• Quick access to Bow River trail system
• 11-minute drive to downtown Calgary
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Peak Estates
Located in the beautiful town of Canmore, Peak Estates is at the gateway to adventure in the Rocky Mountains.
Peak Estates consists of three A-class, four-storey buildings constructed in 2018, offering Residents unparalleled access to the world-class outdoor recreational Banff and Canmore corridor. The property totals 148 units and features large unit sizes, modern finishes and six in-suite appliances. The community offers spacious one- and two-bedroom layouts.
Canmore/Kananaskis at a glance:
• Located approximately 106 km (one hour West) of Calgary and 22 km east of Banff
• Approximately 17,000 residents in Canmore
• Economy: Primarily tourism and hospitality services, with a mix of health and wellness, arts and culture, and sports
• Over 4,000 square km of wildlands in surrounding Kananaskis region
• You name the activity, it’s here: hiking, skiing, canoeing, snowshoeing, horseback riding, golfing, camping, fishing, biking and more.
Stunning mountain views from the greenspace and kids playground (below).
Notes From Management
• Acquired fully-occupied in Q1 2022
• Scaled our portfolio size in the Canmore-Banff area to over 300 units
Left to right: show suite kitchen, mail room, lobby area