Harlo Capital and a partner currently own 0.6 acres of land at Weber St. and Scott St., a highly desirable urban location in downtown Kitchener. The property has a Walk Score of 97 and is conveniently located steps away from the ION Rapid Transit System, an $868-million public investment that simplifies travel and lowers transit costs for residents in Kitchener. The lack of supply for luxury rental options in Kitchener makes this project an attractive rental building opportunity that directly aligns with the needs of the municipality.
We achieved a 29% IRR and 2.46x Equity Multiple- February 2022.
Please visit www.thescott63.com for more information.
