Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Dream Impact Development Research

[InvestSmarter]

Here are some of the Dream Impact properties. Trading at $6 but NAV over $30 on high quality Toronto Rentals/development? I dont get this valuation.

Lots of stuff finally coming to completion after years and years of planning/building. MPCT has not had this kind of completions in its history, every. Many either just started leasing/renting or coming up in 2024.

Maple House - NEW! Now Renting! 770 Apartments (25% ownership)

https://urbantoronto.ca/database/projects/maple-house-canary-landing.34836

 

Aalto Suites - NEW! Now Renting! - 148 Apartments (50% ownership)

https://aaltosuites.ca/aalto-ii/#floorplans

 

Common at Zibi - NEW! 2023/2024 Renting - 207 Apartments (50% Ownership)

https://ottawacitizen.com/life/learning-what-community-living-is-all-about

 

IVY - Pre-Sold - 2024 Delivery (75% Ownership)

https://urbantoronto.ca/database/projects/ivy-condos.19083

 

Brightwater Towns (Townhome Portion) - Pre-Sold! 2024 Delivery (23.3% Ownership)

https://urbantoronto.ca/database/projects/brightwater-towns.44772

 

Brightwater Condos I & II - In Construction 2023-2024 Delivery (23.3% Ownership
https://urbantoronto.ca/forum/threads/toronto-brightwater-i-ii-m-14s-pcwvp-diamond-schmitt.31550/page-5

 

Brightwater Mason - In Construction, 2025 delivery (23.3% Ownership)
https://urbantoronto.ca/database/projects/mason.45352

 

West Don Lands Block 10 (Birch house) - 2024 Delivery (25% Ownership)

https://urbantoronto.ca/database/projects/west-don-lands-block-10-indigenous-hub.39147

 

Forma East Tower - Under Construction. Pre Sold Tower! Massive Development. 2029 Delivery. 25% Ownership

https://urbantoronto.ca/database/projects/forma.6448

 

Canary House

https://urbantoronto.ca/database/projects/canary-house.46611

 

Canary Condos

https://urbantoronto.ca/database/projects/canary-district-condominiums.5692

 

Quayside

https://urbantoronto.ca/database/projects/quayside.44475

 

Brightwater
https://urbantoronto.ca/database/projects/brightwater.26621

 

49 Ontario (Seeking Partner)

https://urbantoronto.ca/database/projects/49-ontario-street.39690

 

Weston Commons (Purchased 2021)

https://urbantoronto.ca/database/projects/west-22-weston-common.21460

[ScroogeMcDuck1]

I know.  I was google searching the pics of under construction million dollar townhomes they have.  Also that chunk of land in ottawa by the military museum is primed and ready for massive value enhancement.  The land assets are insane.  In 2 years the cashflow might be light years ahead of here.   

[JosephM1]

if rates start being cut in early 2024, which I believe will happne.  This is a streal! 

[InvestSmarter]

Cooper mentinoed in his conference call that rates have dropped and they are now looking to start some development planning. Coupled with no GST on purpose built rentals, and LOW 10 Year Fixed CMHC loans, MPCT's cost to development is extremely competitive.