Fundscraper Property Trust Mortgage Pools aim to provide stable monthly income with minimal volatility.
An investment opportunity to fund first mortgages generally registered against single-family and multi-family residential assets in established neighbourhoods in Canada. Mortgage terms are typically 6 to 18 months, which minimizes real estate price fluctuation risk, interest rate risk, and duration risk.
| Class and Series of Units | Location | Asset Type | Projected Net Return | Security Position | LTV | Use of Funds | Initial Term (months) | Expected Maturity Date | Status | |
|---|---|---|---|---|---|---|---|---|---|---|
 | Torrance Woods Class BW | Brampton, ON | Single-family Residential | 7.75% | 1st | 69.00% | Purchase | 12 | April 1, 2023 | In Good Standing |
 | Harmony Avenue Class BV | Niagara Falls, ON | Single-family Residential | 7.25% | 1st | 65.00% | Purchase | 12 | July 1, 2023 | In Good Standing |
 | Hemlock Class AO | Waterloo, ON | Multi-family Residential | 8.00% | 1st | 70.00% | Purchase | 12 | June 1, 2023 | Refinanced with new maturity date |
 | Gore Class AH | Caledon, ON | Single-family Residential | 8.25% | 1st | 75.00% | Refinancing | 6 | April 1, 2023 | Refinanced with new maturity date |
 | Greenery St Class BT | Oakville, ON | Single-family Residential | 7.50% | 1st | 69.02% | Debt Consolidation | 6 | April 1, 2023 | Repaid |
 | Avenue Road Class AQ | Toronto, ON | Multi-family Residential | 6.99% | 1st | 65.00% | Refinancing | 12 | March 1, 2023 | Repaid |
 | Victoria Ave Class BU | Windsor, ON | Single-family Residential | 7.25% | 1st | 65.00% | Refinancing | 12 | December 1, 2022 | Repaid |
 | Cloverleaf Class AW | Burlington, ON | Single-family Residential | 7.25% | 1st | 64.95% | Debt Consolidation | 12 | July 1, 2022 | Repaid |
 | Bowmanville Class AY | Bowmanville, ON | Single-family Residential | 7.50% | 1st | 73.68% | Purchase | 12 | August 1, 2022 | Repaid |
 | Grenon Class BO | Ottawa, ON | Single-family Residential | 7.00% | 1st | 59.75% | Refinance | 12 | August 1, 2022 | Repaid |
 | Quail Run Class AS | Oshawa, ON | Single-family Residential | 7.50% | 1st | 75.46% | Refinancing | 12 | January 1, 2022 | Repaid |
 | William St Class AT | London, ON | Single-family Residential | 6.49% | 1st | 74.78% | Purchase | 6 | November 1, 2021 | Repaid |
 | Charles Class AU | London, ON | Single-family Residential | 7.50% | 1st | 70.00% | Purchase | 12 | June 1, 2022 | Repaid |
 | Gracewood Class AV | Ottawa, ON | Two-storey semi-detached Single Family | 6.99% | 1st | 69.63% | Refinancing | 12 | April 1, 2022 | Repaid |
 | Hickson Class BG | Ottawa, ON | Single-family Residential | 7.50% | 1st | 68.81% | Purchase | 12 | October 1, 2022 | Repaid |
 | Ridley Class BH | Dundalk, ON | Single-family Residential | 7.50% | 1st | 65.39% | Purchase | 12 | November 1, 2022 | Repaid |
 | Berney Class AM | Caledon, ON | Single-family Residential | 6.00% | 1st | 54.31% | Purchase and New Build | 12 | November 1, 2021 | Repaid |
 | West Mall Class AO | Toronto, ON | Multi-family Residential | 8.00% | 1st | 66.00% | Debt Consolidation | 12 | November 1, 2021 | Repaid |
 | Kingbird Grove Class AF | Scarborough, ON | Multi-family Residential | 8.25% | 1st | 69.35% | Purchase | 6 | February 1, 2021 | Repaid |
 | Roehampton Class AN | Toronto, ON | Multi-family Residential | 8.00% | 1st | 57.14% | Purchase | 12 | May 1, 2021 | Repaid |
 | William St Class AK | Shelburne, ON | Single-family Residential | 8.00% | 1st | 67.50% | Purchase | 12 | December 1, 2021 | Repaid |
 | Albion Class AM | London, ON | Single-family Residential | 8.00% | 1st | 69.00% | Debt Consolidation | 12 | July 1, 2021 | Repaid |
 | Minot Class AJ | Thunder Bay, ON | Single-family Residential | 8.00% | 1st | 59.15% | Refinancing | 5 | August 1, 2021 | Repaid |
 | Dunrobin Class AL | Ottawa, ON | Single-family Residential | 7.75% | 1st | 65.00% | Purchase | 12 | October 1, 2021 | Repaid |
 | Atwater Class BK | Oshawa, ON | Single-family Residential | 7.50% | 1st | 72.00% | Purchase | 6 | March 1, 2022 | Repaid |
 | Culver Terr Class BQ | London, ON | Single-family Residential | 7.50% | 1st | 73.67% | Purchase | 12 | October 1, 2022 | Repaid |
Create an account, choose an investment, and add it to your portfolio. We offer a free strategy session to help you get started. Tell us a bit about yourself and we’ll build a plan together.
You subscribe for units of the Trust. The Trust invests the capital, through a limited partnership, into well-priced, well-located residential first mortgages. As borrowers repay those mortgages to the limited partnership, the Trust then distributes payments to you!
As mortgagees repay principal and interest to the Trust, the Trust passes on the payments to our investors in the form of monthly and quarterly distributions. That’s money directly in your pocket.
Check on your investments with confidence. We aim to deliver an unmatched level of transparency and reporting through regular updates displayed within your investor dashboard.
Still not sure how to get started? That’s okay! Call us for a free consultation right now: 1-888-281-2235. Seriously, call us. We want to help and can answer all of your questions.
John D.
Former CTO, Toys R Us Canada
Michael C.
Retired, Former Head of Construction of a Publicly Traded REIT
Andre Kuzmicki
Adjunct Professor at the Brookfield Centre in Real Estate and Infrastructure, Schulich School of Business
See our Offering Memorandum, Approval Process for Mortgage Investment Opportunity
When we “pre-vet” something offered on our website, we are telling you that we have studied and examined it and based on that we have determined it is a worthwhile opportunity that would be suitable for certain members of our community. What might be suitable for some members may not be suitable for others. We’ll help you understand what deals on our site are most “suitable” for you based on what you’ve told us about yourself.
See our Offering Memorandum, Approval Process for Mortgage Investment Opportunity
“Due diligence” is our detective work! It is one of the early steps we take to determine whether or not an opportunity is suitable for our community. “Due diligence” is a comprehensive appraisal of an investment opportunity by Funscraper to establish and evaluate its potential as a good or bad investment. As an investor in Fundscraper you rely on our due diligence when we conclude the investment is “suitable”!
See our Offering Memorandum, Redemption of Units
If you have invested in Fundscraper Property Trust, you’ve invested in pools of mortgages through the Trust. Mortgages, by their nature, are “long term” investments. If you need your money in the near future, then a mortgage is not an appropriate investment – the return on mortgages is enjoyed over years, not months or days. It is expensive for us to invest in mortgages – there is a great deal of “due diligence” associated with “pre-vetting” the opportunity to assess its suitability for our platform. If you have to cash out early, then we charge you a small fee to compensate us for the work we’ve done creating the investment opportunity. This small fee is the “redemption discount” though we do not call it a “discount” – it’s a fee. The longer your money remains with us, the smaller the redemption fee is over time. The fee is 5% of the total redemption price if you redeem your units in the first year and goes down to nil after the fifth anniversary of your purchase. The managers of Fundscraper Property Trust do have the ability to waive the redemption fees on a case by case basis.
With respect to an investment by the Trust, there is no “minimum term” – the terms of the mortgages or other real estate assets we invest in vary widely and we endeavour to pass on the flexibility to our investors so they can invest in opportunities as offerings occur on the platform.
We expect our investors to invest for the medium to long term. If you need to cash out before the maturity of an offering or before the term of investment expires, we can charge a small fee against the Redemption Price (which is the original purchase price). The fee is to compensate us for the work we’ve done bringing the opportunity to the Platform.
See our Offering Memorandum, Redemption of Units.
See our Offering Memorandum, Approval Process for Mortgage Investment Opportunity
We protect our investors through stringent underwriting and review. The investments made by the Trust are secured against real estate and the value of our investments is always less than the security we’ve negotiated to secure the investment.
Fundscraper Property Trust is a “continuous” offering meaning that we are always open to investors. We aim to do a formal closing the first day of each month. Sometimes, due to holidays, our “closing” is scheduled for the middle of the month instead of the 1st of the month.
See our Offering Memorandum, Approval Process for Mortgage Investment Opportunity
We protect our investors through stringent underwriting and review. The investments made by the Trust are secured against real estate and the value of our investments is always less than the security we’ve negotiated to secure the investment. Some of our offerings have shorter terms, and some have longer terms to help investors manage duration risk. Often times, we have on hand an interest reserve from the borrowers of underlying mortgages to ensure interest payments can still be received in case of borrower default, giving the loan administrator enough time to remediate the defaulted mortgage or exit a mortgage. We do try to provide investors with a diverse selection of offerings that meet their investment objectives, return expectations and risk tolerance.
See our Offering Memorandum, Redemption of Units
The asset manager always has discretion in respect of redemptions. The use of such discretion is exercised on a case-by-case basis.
See our Offering Memorandum, Redemption of Units
If you have invested in Fundscraper Property Trust, you’ve invested in pools of mortgages through the Trust. Mortgages, by their nature, are “long term” investments. If you need your money in the near future, then a mortgage is not an appropriate investment – the return on mortgages is enjoyed over years, not months or days. It is expensive for us to invest in mortgages – there is a great deal of “due diligence” associated with “pre-vetting” the opportunity to assess its suitability for our platform. If you have to cash out early, then we charge you a small fee to compensate us for the work we’ve done creating the investment opportunity. It’s not a “penalty” – it’s a fee for our services. The longer your money remains with us, the smaller the redemption fee is over time. The fee is 5% of the total redemption price if you redeem your units in the first year and goes down to nil after the fifth anniversary of your purchase.
Yes. There are two documents you should (“must” your mother would say!) review. The first is our Offering Memorandum. This is a long document that tells you our story and what you need to know about the investment you are about to make. We have spent a great deal of time preparing this document for you and we really want you to read it! The second thing you should read is the “Supplemental” that comes with the Offering Memorandum. It describes to you the particular investment you want to purchase. The third document you should read is the “Terms and Conditions of Subscription” – if you choose to purchase units in our Trust, then this document sets the terms of our purchase and sale.
Vice-President, Operations,
Dealing Representative
Investment Sales Associate,
Dealing Representative
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SECURITIES DESCRIBED ON THIS WEBSITE ARE OFFERED BY FUNDSCRAPER CAPITAL INC. IN ITS CAPACITY AS AN EXEMPT MARKET DEALER REGISTERED WITH THE ONTARIO SECURITIES COMMISSION (AND EQUIVALENT REGULATORY AUTHORITIES IN OTHER JURISDICTIONS IN CANADA) AND NOT IN ITS CAPACITY AS A MORTGAGE BROKERAGE UNDER THE FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO.
The information presented on this website may consist of investment opportunities that include projections and forecasts based upon information, including forward-looking assumptions and estimates. There can be no assurance whatsoever that these projections and forecasts will be achieved. Readers should refer to the offering documents contained within each investment opportunity only for full details including risks relating to such opportunities. In addition, Readers should consult with their investment advisor and other advisors, including legal and tax, before making any investment through Fundscraper. Fundscraper may also be a “related” issuer (as such term is defined in National Instrument 33-105—Underwriting Conflicts) of a party offering securities on this website. Readers who are considering purchasing any investment from this website should read the applicable offering materials, including any related offering memorandum, before making an investment decision.
Information provided on this website is for the confidential use of only those persons to whom have qualified access to the Fundscraper website. Any offering materials provided on the site constitute an offering of securities only in those jurisdictions and to those persons where and to whom they may lawfully be offered for sale. These offering materials are not, and under no circumstances are to be construed as a prospectus or an advertisement for a public offering of these securities. No securities commission or similar authority in Canada or elsewhere has in any way passed upon the merits of the information on this site or securities offering in the offering materials and any representation to the contrary are an offence. Persons who acquire securities pursuant to the information on this site and offering materials provided on this site will not have the benefit of the review of these documents by any securities commission or similar authority.
Fundscraper is a registered trademark of Fundscraper Corp. and its affiliates.
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