Success Story
Land Depot Capital
About Land Depot Capital
Land Depot Capital is changing the way that Canadians invest in the real estate market. Founder and CEO of Land Depot Capital Inc. Gurmit Singh has 20 years' worth of valuable experience in the real estate industry. Based out of London, Ontario, Land Depot Capital Inc. is a fast-growing prop-tech company to watch. What started small has grown into a company of experts armed with a state-of-the-art algorithm.
Land Depot Capital has committed itself to the mission of making property ownership affordable and hassle-free. They have created a program that allows real estate investment to be passive giving clients their time back. Fractional ownership is a new way to invest in property without tenant hassle, without a mortgage, and without a big down payment.
What is Fractional Ownership?
Fractional ownership is a way to invest in real estate without dealing with tenants, mortgages, maintenance, and any other hassles. LDC has invested in an algorithm that searches for the best deals in Ontario and then posts them on Equivesto. Once on the platform all approved investors have the chance to invest in the property, this allows everyone to own a piece of the house and watch the value grow.
With the help of our algorithm, we are able to acquire and bring to our members the best-undervalued properties which supply them with walk-in equity on each and every property. This allows your investment to grow from day one when you invest with LDC.
25 Sheridan St., Brantford, ON
Land Depot Capital launched an equity crowdfunding campaign in early February 2022 to offer a fractional ownership opportunity in 25 Sheridan St., Brantford, ON via a limited partnership called 1000066806 Ontario Limited Partnership.
The property is a duplex home located in Brantford, Ontario. It is walking distance to desirable amenities, including Laurier University (Brantford Campus), Conestoga College, bus routes, Elements Casino, City Hall, restaurants, and Harmony Square. The Property is a duplex, with a 1.5 storey style and features two units: front and back. Unit A is a two bedroom apartment at the front of the house. Unit A is currently tenanted for $1,030.00/month inclusive of utilities. Unit B is a 4 bedroom unit with laundry facilities and is located at the back. Unit B is currently tenanted for $1,705.00/month inclusive of utilities.
The partnership will seek to enter into a rent to own agreement with the tenant of one of the units and a lease with the other, or leases with both tenants.
The LDC - 25 Sheridan St. campaign was successful in raising $114,999 or 114% of their goal.
