Skyline Apartment REIT

Invest in a private real estate investment trust comprised of multi-residential buildings across Canada. An investment with stable historical returns.

Information Sheet Get In Touch

ABOUT THE FUND | As at Mar 31st, 2020

4.52%

CURRENT ANNUAL YIELD 1

$2.9
BILLION

TOTAL IFRS PORTFOLIO VALUE2

210

PROPERTIES

95.45%

OCCUPANCY RATE

dollar sign icon

Annualized Return3

1 Year: 28.98%

3 Year: 21.12%

5 Year: 17.50%

10 Year: 15.31%

Inception: 14.53%
(June 1, 2006)

Launched in 2006, Skyline Apartment Real Estate Investment Trust (REIT) is an income-producing opportunity to invest in a 100% Canadian diversified portfolio of primarily multi-family residential properties in secondary and tertiary markets with capital growth potential.

The objectives of the REIT are to provide investors with monthly cash returns and to increase the unit value by managing the current assets and acquiring new properties.

The portfolio is supported by an award-winning management team with an impressive track record of consistently delivering stable monthly distributions to its investors.

This investment is available to accredited investors and eligible investors.

Now Open for investments

INVESTMENT HIGHLIGHTS

Monthly Income

Monthly distributions or Distribution
Re-investment Plan (DRIP) available.

Capital Growth Potential

Potential for investment value to increase over time.

Registered Fund Eligible (RRSP, TFSA, RRIF, etc.)

Maximize your returns by investing through existing or new Registered accounts.

Potential Tax Efficiency

Skyline Apartment REIT may be a tax-efficient investment choice.

Geographic Portfolio Diversification

Diversified portfolio of Canadian multi-residential properties.

$50,000 Minimum Investment

Minimum of $50,000 required for initial investment.

No Redemption Fees 4

No surprise costs or fees upon redemption.

100% Canadian

You’re investing in 100% Canadian multi-residential real estate.

PERFORMANCE

$2.9 B

TOTAL IFRS PORTFOLIO VALUE

As at Mar 31st, 2020

18,406

Apartment Suites

As at Mar 31st, 2020

$21.00

Unit Price5

As at Mar 31st, 2020

$0.95

ANNUAL DISTRIBUTION PER UNIT

As at Mar 31st, 2020

ARE YOU ELIGIBLE TO INVEST?

As mentioned above, Skyline’s investments are all considered private alternative investments and don’t trade on the public markets. Instead, all of Skyline’s investments are purchased within the Exempt Market. As such, investors need to meet certain eligibility requirements to invest with Skyline Wealth.

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Attention: Skyline Wealth Management Inc.
5 Douglas Street, Suite 301
Guelph, Ontario, N1H 2S8
Or by phone at 519-826-0439 (ask for Chief Compliance Officer)

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    Skyline Apartment REIT Purchases Frontenac Arms; Lasalle I & II properties in Kingston, ON
    April 16, 2020
    Skyline Apartment REIT On April 14th, 2020, Skyline Apartment REIT announced the acquisition of two...
    Skyline Apartment REIT On April 14th, 2020, Skyline Apartment REIT announced the acquisition of two apartment properties in Kingston, ON: Frontenac Arms, located at 800 Castell Road, and Lasalle I & II, located at 480 & 485 Canatara Court (two buildings). The total purchase price for both properties was $32 million. Together, the properties comprise 234 suites. With this purchase, Skyline Apartment REIT now owns eight apartment properties in the city of Kingston. Frontenac Arms is located adjacent to Castell Road Apartments at 810 & 820 Castell Road, which was purchased by Skyline Apartment REIT in 2009. It features bachelor and one-bedroom suites. The property is located in a quiet and friendly neighbourhood with easy access to grocery and city transportation and is in close proximity to Highway 33. Lasalle I & II features one and two-bedroom suites. It is located in an area with plenty of surrounding green space and is close to shopping centres and a movie theatre. The property includes a tennis court and outdoor pool. Both properties offer suites with stainless steel appliances, hardwood flooring, and modernized kitchens and bathrooms. “We’re pleased to be further expanding our presence in the city of Kingston with the purchase of these properties,” said Matthew Organ, President of Skyline Apartment REIT. “Skyline Apartment REIT has been established in Kingston since 2007. With these new purchases, we are now proudly managing more than 1100 apartment suites for Kingston residents to call home.” Rental inquiries for Frontenac Arms and Lasalle I & II can be made at skylineliving.ca. Post-acquisition, Skyline Apartment REIT comprises 212 properties in 58 communities in eight provinces across Canada, with a total of 18,695 suites. Press releases are disseminated by Skyline Wealth Management Inc. (“SWMI”) on behalf of the Issuer as at the date of publication and SWMI does not undertake to advise the reader of any changes. SWMI has not taken any steps to verify accuracy.
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    March 4, 2020
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    Skyline Apartment REIT [Guelph, ON – March 4, 2020] On March 3rd, 2020, Skyline Apartment REIT announced the acquisition of Lake Country Lofts, an apartment property in the district of Lake Country, BC. The total purchase price was $20 million. The property comprises 71 suites and is Skyline Apartment REIT’s first purchase in the district of Lake Country, which is located between the city of Vernon to the north, and the city of Kelowna to the south. Lake Country Lofts features spacious one and two-bedroom suites, with an on-site fitness room and underground parking. The property is surrounded by orchards and vineyards, and boasts a beautiful nearby lakeshore. With shopping and grocery amenities nearby, the location is also close to local Highway 97. “We are pleased to announce that Skyline Apartment REIT has entered the district of Lake Country with the purchase of Lake Country Lofts,” said Matthew Organ, President of Skyline Apartment. “Skyline Apartment REIT already enjoys a strong presence in the neighbouring cities of Vernon and Kelowna. We are proud to offer Lake Country residents these well-serviced accommodations, close to amenities and surrounded by one of the most beautiful landscapes Canada has to offer.” Rental inquiries for Lake Country Lofts can be made at skylineliving.ca. Post-acquisition, Skyline Apartment REIT comprises 210 properties in 58 communities in eight provinces across Canada, with a total of 18,407 suites. Press releases are disseminated by Skyline Wealth Management Inc. ("Skyline Wealth") on behalf of the Issuer as at the date of publication and Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy.
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    December 19, 2019
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    Skyline Apartment REIT [Guelph, ON – December 16, 2019] On December 16, 2019, the Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the acquisition of four properties in the greater Sudbury, ON area, with a total purchase price of $39.1 million. The four-property portfolio is the Apartment REIT’s first purchase in the Sudbury area, adding a new community to its holdings across Canada, now totaling 57 cities and communities. The portfolio is comprised of the following properties (with a total of 13 buildings and 258 residential units): 145 & 155 Notre Dame Street West, Greater Sudbury (Azilda), ON Place Notre Dame, 550 Notre Dame Street West, Greater Sudbury (Azilda), ON 560 & 570 Notre Dame Street West, Greater Sudbury (Azilda), ON Mapleview Apartments, 700 Cambrian Heights Drive, Greater Sudbury, ON Among the four properties are amenities rooms and a separate amenities building, a pool, on-site laundry, and a fitness facility. Residents at these properties have convenient access to nearby schools, sports complexes, parks, and shopping. The properties are also near grocery stores, other amenities, and Sudbury-area highways 35 and 80. “We are thrilled to be entering the Sudbury area with the purchase of this multi-residential portfolio,” said Matthew Organ, President of Skyline Apartment. “Although Sudbury is a new community for the Skyline Apartment REIT, there are several well-performing retail properties in the area owned by the Skyline Retail REIT. We’re pleased to be expanding Skyline’s presence in Sudbury by welcoming residents to these four Skyline Living communities.” Introduced in 2006, the Skyline Apartment REIT is fully managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisitions, management, and investment firm. Post-acquisition, the Skyline Apartment REIT comprises 209 properties in 57 communities in eight provinces across Canada, with a total of 18,337 suites. Press releases are disseminated by Skyline Wealth Management Inc. ("Skyline Wealth") on behalf of the Issuer as at the date of publication and Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy.
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    December 3, 2019
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    October 16, 2019
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    August 29, 2019
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    August 16, 2019
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    December 19, 2018
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    March 28, 2017
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    March 15, 2017
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Footnotes

[1] Current Annual Yield is equal to the annual distribution per unit divided by the current unit value.Back to Content

[2] As at Jan. 31, 2020.Back to Content

[3] The annualized return is based on a single unit initial investment in the Skyline Apartment REIT inclusive of unit price changes and reinvested distributions.Back to Content

[4] A transaction fee may apply if your account is held by a third-party registered plan, trustee or dealer.Back to Content

[5] Unit value is determined by a Net Asset Value (NAV) model based on evaluations by Senior Management and the Skyline Apartment REIT Board of Trustees. Back to Content

Disclaimer

The information provided within this Website is for general information purposes only, and does not constitute an offer of, or solicitation for, the purchase and sale of any securities under any circumstances. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing, as they contain important information on fees and risk factors. The indicated rate of return is the annualized return including changes in unit value and reinvestment of all distributions and does not consider sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Exempt market products are not guaranteed, their values change frequently, and past performance may not be repeated. There is no active market through which the securities may be sold, and redemption requests may be subject to monthly redemption limits. The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an exempt market product’s performance. Distributions paid as a result of capital gains realized by an exempt market product, and income and dividends earned are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero. Prospective investors must make an independent assessment of such matters in consultation with their own professional advisors. Nothing herein should be construed as investment, legal, tax, regulatory or accounting advice. Skyline Wealth Management Inc. (“Skyline Wealth”) is an Exempt Market Dealer registered in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Québec, Saskatchewan. Sales of interests in any investments offered by Skyline Wealth are only made to certain eligible investors pursuant to regulatory requirements and available exemptions. Some of the investment products offered by Skyline Wealth, including in particular those related to Skyline Apartment Real Estate Investment Trust, Skyline Commercial Real Estate Investment Trust, Skyline Retail Real Estate Investment Trust, and Skyline Clean Energy Fund are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request.