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Presenting the latest attainable condo and townhome developments in New Westminster, BC’s original capital city. Starting prices at the low $400,000’s focused on accessibility with just a 15-minute commute to Vancouver, this project offers both convenience and exceptional returns. Designed with conservative projections and a risk-mitigated 26% annualized return, it’s focused on creating a positive community impact while delivering strong returns for investors.
Location Risk Profile
British Columbia Moderate - High
Min. investment Investment Strategy
$25,000 Opportunistic
ARR Horizon
20% 5 Years
Visight LTD presents Sangster LP, an exciting new development project that is outperforming the original use of the land by 5x by significantly improving the intrinsic value of the land. The land assembly was sold as a 40 townhome project. Re-envisioned the site and has developed 194 residential units across two six-story buildings including +20 townhomes along the perimeter and is being built to align with the community’s needs and local urban goals.
Major Upside: We’ve taken a land assembly and increased the density from 44 homes to 194 units, including 20 townhomes—all with city support! 🏙️
Lucrative Return Structure backed by Experience and a Proven Track Record: projecting 20-24% IRR inclusive of profit sharing. Previous projects have delivered 100%+ returns, and this one is set to be even better, with conservative estimates built in for protection. 📈🔒
Strong Demand and High Growth Potential within a Prime and Accessible Location: Being within 15 minutes to Vancouver, a newly expanding hospital, post secondary institutions and growing demand for multi-family housing, combined with a high accessibility drives market appeal 💸
Limited Window: This opportunity is available to a small group of close friends and family before we open it up more widely. We’re closing this round once our friends and family give us a yes/no within the next 7-10 days and spots are filling fast! ⏰
Tax Advantaged Returns: If investing through your company the returns are taxed as proceeds of sale, not as passive income that has a higher tax rate (interest income and rental income are taxed at the highest marginal rates).
Sangster LP is set to transform the 47,616 square-foot site on Sangster Place and East 8th Avenue into a highly desirable residential destination. The project comprises two six-story conventional wood-frame buildings with a total of 194 units (including +20 townhomes), strategically located within a block of essential services and transit lines. With significant demand in the New Westminster area, Sangster LP’s development aligns with local community goals and is projected to yield an impressive return on investment.
Investors can expect to earn up to 24% IRR through a Preferred Rate with Profit Share structure. The developer has structured the LP agreement to prioritize investors by ensuring they receive payments first. At Visight LTD, our focus is on mutual success and safeguarding investor interests. That's why there’s no cap on profit sharing and no complex splits—just a straightforward approach designed to maximize returns for everyone involved.
New Westminster is a vibrant and centrally positioned city within Greater Vancouver’s regional district. With five SkyTrain stations, New Westminster offers a highly efficient transit network, connecting it directly to major nearby cities like Vancouver, Burnaby, Surrey, and Richmond. Sangster LP is positioned within the Victoria Heights/Glenbrooke North neighbourhood, an established residential area that blends family homes, multi-family units, and essential commercial spaces. The property also lies near key transport hubs, including the Pattullo and Queensborough bridges, linking residents to both transit and major highways. This central location, combined with the area’s ongoing residential and infrastructure improvements, makes Sangster LP an attractive investment anchored in growth, convenience, and community.
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