addy Review: Making Real Estate Investing Attainable For All

addy Review: Making Real Estate Investing Attainable For All

Written by Lisa Rennie
Fact-checked by Caitlin Wood
Last Updated October 19, 2021

Rather than parking any extra money you may have in a low-interest savings account, there are various investment channels out there to help you build wealth over time. In particular, real estate has long been a lucrative way to invest money. Not only can you create regular cash flow through rent, but you can also take advantage of the appreciation in the value of the property you own.

But buying real estate requires significant capital, which many Canadians simply don’t have available. Fortunately, a lack of sizeable capital doesn’t have to stand in the way of investing in real estate thanks to investment platforms like addy. 

Let’s take a closer look at addy to help you decide if this is an opportunity you may want to invest your money in.

Who Is addy?

addy was created by a group of industry professionals and tech-savvy individuals who recognized the difficulty of getting into the real estate market. With home prices through the roof, affordability issues are a real threat to those who otherwise would love to be homeowners or invest in real estate. 

In order to solve this issue, addy was created to help even the playing field for Canadians who want to get into real estate without the overwhelming costs and hurdles to overcome to make that happen. 

addy is helping people become homeowners through real estate investing with minimal capital, no matter what type of income a person is generating.

How Does addy Work?

There are 3 simple steps in the addy real estate investment process:

Step 1: addy identifies a real estate investment opportunity.

addy identifies investment opportunities in the real estate market. The real estate acquisitions team behind addy will scan the market and decide which properties would make great investments. Decisions are made only after a rigorous due diligence process takes place. 

Step 2: addy splits the investment into equal increments.

The value of the real estate investment is divided into equal parts of $1 each. So, a $600,000 investment, for instance, would be split into 600,000 units, valued at $1 each. 

Step 3: addy sells each unit for $1.

Once the real estate investment is equally divided into units, they are each sold for $1 on the addy platform to willing investors. Investors can invest anywhere from $1 to $1,500 per property. 

addy banner

Main Features Of addy’s Online Investment Platform

Investing with addy comes with a few perks, including the following:

  • Risk-free. If you’re not happy with your real estate experience at any time, you can get a full refund on your membership. 
  • No hidden fees. There are no individual fees to invest with addy, such as purchase fees, transaction fees, or promotion fees. Instead, you’ll pay a nominal annual fee of $25 to become a member. And if you’re sure you want to invest with addy for the long haul, there’s a $500 5-year membership that comes with many more investment perks.  
  • Invest in multiple properties. There’s no limit to the properties available to invest in with addy. You’ll have the same access to real estate investment opportunities as serious and experienced investors with sizeable capital.
  • Invest in local properties. Keep your investment close to home by investing in properties in your neighbourhood. 

Types Of Properties You Can Invest In With addy

Virtually all real estate property types are available to invest in with addy, and the one you choose will depend on your appetite for risk. To help you decide where to park your capital, addy has 4 different categories of investments: 

Core 

  • Very low risk
  • Best for conservative investors
  • Generates stable income 
  • Requires minimal management from owners 
  • Typically already occupied with long-term tenants 

Core Plus

  • Low to moderate risk
  • Best for investors looking for minimal risk with some opportunity for additional gains
  • Increases cash flow through minor upgrades to the property, improvement in property management, or by finding higher-quality tenants
  • Typically already occupied by long-term tenants 

Value-Add 

  • Moderate to high risk
  • Best for investors comfortable with higher risk to achieve higher gains and willing to wait longer to receive returns
  • Has little to no cash flow when first purchased, but has the potential to generate sizeable cash flow after value has been added through upgrades, improved management, better marketing, and additional services

Opportunistic

  • High risk
  • Best for investors comfortable with complex, high-risk projects that may not bring immediate returns 
  • Has little to no cash flow when first purchased, but has the potential to generate sizeable cash flow after value has been added, such as developing land or repurposing the use of a building

Learn how to avoid the capital gains tax.

How Much Does It Cost To Invest With addy? 

The only cost to invest with addy is the membership fee. There are 2 memberships to choose from, Charter and Believer. Both allow access to all properties, the ability to cancel at any time, and the chance to get details of properties prior to investing. 

Charter Membership: $25/Year 

  • Up to $500 in instant funding
  • Unlimited transactions
  • Cancel investment within 60 days

Believer Membership: $500/5 Years

  • Up to $1,500 in instant funding
  • Unlimited transactions
  • Cancel investment within 60 days
  • Secret perks
Lookout Investing Traps To Avoid

Loans Canada Lookout

LOOKING OUT FOR YOUR BEST INTEREST

The Benefits Of Investing With addy 

Why should you invest your money with addy? Here are a few reasons to consider:

  • Anyone can invest. Whether you’re a newbie investor with little to invest with or already have a few real estate properties in your investment portfolio, you’ll find addy highly accessible and easy to invest with.
  • No management requirements. Unlike traditional real estate investing, there’s no need to manage any properties you have a stake in. Instead, the properties will be professionally managed by a team of experts. 
  • Pre-vetted properties. Before investing in real estate, it’s essential to scope out the investment. and the best way to ensure this is to properly vet potential properties, which addy does for you.
  • Invest in tangible assets. While the stock market and other similar investment vehicles may offer the chance for sizeable returns on investment, the tangible aspect of real estate investing offers the chance to invest in something that you can see, visit, and keep tabs on to ensure it continues to be a fruitful investment.

Learn how to calculate your net worth.

How Does addy Work?

There are 3 simple steps in the addy real estate investment process:

Step 1: addy identifies a real estate investment opportunity.

addy identifies investment opportunities in the real estate market. The real estate acquisitions team behind addy will scan the market and decide which properties would make great investments. Decisions are made only after a rigorous due diligence process takes place.

Step 2: addy splits the investment into equal increments.

The value of the real estate investment is divided into equal parts of $1 each. So, a $600,000 investment, for instance, would be split into 600,000 units, valued at $1 each.

Step 3: addy sells each unit for $1.

Once the real estate investment is equally divided into units, they are each sold for $1 on the addy platform to willing investors. Investors can invest anywhere from $1 to $1,500 per property.

addy FAQs

Which provinces is addy available in?

addy is currently available to investors in British Columbia, Alberta, and Ontario.

Is addy a REIT?

No, addy is not a real estate investment trust (REIT), though it may sound like it. A REIT is a company that already owns a collection of unknown properties. Instead, addy is focused on creating opportunities for investment with properties with known addresses. You can pick and choose from properties that you feel good about.

Can I earn money by investing with addy?

You can earn profits with addy in 2 ways:
  • Upon the sale of the property, after which any appreciation of the property will be paid out to you as an investor. 
  • Through rent collection that is passed onto you as a distribution.

Final Thoughts

Real estate investing has long been a tried and true way to build wealth over time but it can be far too expensive for the average Canadian to get into. addy helps to break down this financial barrier to make real estate investing available to everyone, regardless of how much capital they’re able to commit. 

Lisa has been working as a writer for more than a decade, creating unique content that helps to educate Canadian consumers in the realms of real estate, mortgages, investing and financial health. For years, she held her real estate license in Toronto, Ontario before giving it up to pursue writing within this realm and related niches. Lisa is very serious about smart money management and helping others do the same. She's used a variety of financial tools over the years and is currently growing her money with Wealthsimple, while stashing some capital in a liquid high-interest savings account so that she always has a financial cushion to fall back on. She's also been avidly using her Aeroplan TD credit card to collect as many Aeroplan points as possible to put towards her travels!

Research & Compare

Canada's Loan Comparison Platform

Largest Lender Network In Canada

Save time and money with Loans Canada. Research and compare lenders before you apply. Share your experiences with Canada's top lenders.

Make Smarter Borrowing Decisions

Whether you have good credit or poor credit, building financial awareness is the best way to save. Find tips, guides and tools to make better financial decisions.

Save With Loans Canada

Special Offers

Make No Payments Until 2022

Make No Payments Until 2022
Ends Soon

Borrow up to $50,000 from our partner, Fairstone, and don’t pay until 2022*

View Offer
Industry Spotlight

What's happening with Canada's credit industry?

goPeer — Helping Consumers Achieve Financial Freedom by Connecting Canadians Looking For Financing With Canadians Looking to Invest

goPeer — Helping Consumers Achieve Financial Freedom by Connecting Canadians Looking For Financing With Canadians Looking to Invest

goPeer is Canada's first consumer peer to peer lending platform and connects creditworthy Canadians looking for a loan with everyday Canadians looking...

Read Post
Locator
Find The Best Rate
In Your Region
OR
Best Personal Loan Provider by Greedy Rates
Icon

Confidential & risk-free

All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.

When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.

Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.

Your data is protected and your connection is encrypted.

Loans Canada Services Are 100% Free. Disclaimer

Keep Track Of Your Credit Score

Subscribe with Credit Verify to monitor your credit rating and get your free credit score.