HUGE Losses on Calgary Multiplex

Many investors ask whether it makes sense to buy small multifamily properties in Alberta, especially newer multiplexes in Calgary and Edmonton.

In this video, I walk through a real Calgary 8-plex pro forma and break down:

What assumptions are realistic vs optimistic

Where expenses are understated (repairs, management, insurance, misc.)

How small changes in rent completely wipe out cash flow

Why Alberta’s boom-bust dynamics matter for new builds

The difference between pro forma returns and actual investor outcomes

I also compare the results to alternative investment options to highlight opportunity cost.

Key takeaway:
At today’s pricing and rents, this deal looks attractive on paper, but once you underwrite it conservatively, the returns fall apart.

This video is for investors who care about real cash flow, downside protection, and disciplined underwriting, not marketing decks.

If you want to see more deal breakdowns like this, let me know.

Learn more about Foundation Capital:

If you want passive real estate income without managing tenants or renovations, you can learn more here:

Website: https://portal.equivesto.com/offering...

Booking Link: https://calendly.com/foundationcapita...

Always do your own due diligence.

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Foundation Capital Private Real Estate Trust targets 12-15% Annual Returns, 7% Per Annum Cash Distribution + 5-8% Targeted Per Annum Capital Appreciation. Earn stable cash distributions from investments in real estate properties in Ontario while benefitting from capital appreciation of the properties through internal growth strategies.

All investments carry risk. To learn more about this investment, its related risks, and whether this investment is suitable for you, please visit the link below. Foundation Capital is working with licensed Exempt Market Dealer Equivesto Canada Inc. This opportunity is for Canadian residents only.
www.foundationcapital.ca

Email us: [email protected]