160 Century Crossing

Spruce Grove, Alberta

APT Investments

LakeRidge

Philip C. Pincus

President

Over 25 years of experience in real estate, accounting, and business

management .

Cynthia Assen

Director of Marketing

Over 20 years in real estate sales, development & management .

APT Investments

Who We Are

Our goal

Monthly cash Distributions

Double your investment in 5 years

• Protect investor capital (Title in Your name)

APT Investments

APT means Buying RightWhat We Do -

Actively monitor emerging markets –

KNOW WHEN THE TIME IS RIGHT!

Taking advantage of opportunities and negotiating best terms –

BUY RIGHT!

Leverage preserves your cash –

Build a portfolio of the RIGHT assets

Achieve “better than marker returns” -

Positive cash flow

Buy the best quality -

The RIGHT price in the RIGHT markets at the RIGHT time

Hire the RIGHT professional property management -

Right tenant equals lower turnover and less cost

APT Investments

APT means Buying RightWhat We Do -

Invest in revenue-generating real estate properties; primarily residential

Investors participate as Owners – title in your name

No participation in day-to-day operations – if you elect optional rental pool

Leased to creditworthy tenants - Property manager will perform credit check and background references

APT will monitor Property Manager – position on Condo Board

APT Investments

How We Do It

APT Investments

1. Overview

2. Location

3. Features

4. Floor Plans / Pricing

5. Market Info

6. ROI

7. Summary

Lakeridge

APT Investments

Lakeridge - Overview

Spruce Grove, Alberta, Edmonton's largest western suburb.

LIMITED OFFER ONLY 25 PRESALE UNITS

10 - 15% below appraised value

First Year Lease in place – Yields Positive Cashflow!

Only 10% deposit required

Gateway Town Center, a $100 Million PLUS mixed use project which

is forecast to generate 2,670 new jobs and $114 Million

in employment spinoffs -- Western Investor, May 2010

Lakeridge – Gateway Town Center

• $100M Mixed Use Project in northeast corner of Spruce Grove

• Create 2,670 jobs and generate $114.5M in employment income

Lakeridge - Overview, The Builder

Ridge Development Corporation

Doing business since 1967 (43 years)

Recent local projects

◦ Century Ridge - 167 Street and 100 Ave

◦ Vista Ridge- 100 Ave and 184 Street

◦ Mayfield Ridge - 106 Ave and 169 Street

◦ Whitemud Heights - 231 Street - 79 Ave

Specializes in condominium apartments

APT Investments

Lakeridge - Location

Spruce Grove which 30 kilometres west of Edmonton on Highway 16 .

• close proximity to all educational, shopping and employment amenities

• access to Highway 16 to the north and Highway 16A to the south.

• HIghways 16 and 16A link Edmonton to Stony Plain, Edson and Jasper.

• McLeod Avenue provides a direct link to City Centre and Century Road.

APT Investments

Lakeridge – Location, neighborhood

Lakewood is new subdivision located on the east side of Spruce Grove.

LakeRidge is located right across from park

APT Investments

Lakeridge – Location, neighborhood

Lakewood offers all the amenities and easy access to commuter arteries.

APT Investments

• Colonial style finishing – Oak cabinets

• 7 appliances (including in suite washer/dryer)

• Multi-panel doors

• Soft line wall corners

• Vertical blinds

• Upgraded textured ceilings

• Balcony (every suite)

Lakeridge – Features, Interior

APT Investments

Lakeridge – Features, Building

• 99 units; 4 stories; wood frame; concrete foundation

• 4th floor vaulted ceilings , 1st Floor above grade slab

• Two elevators service each floor

• Two parking per unit (1 u/g and 1 energized surface)

• Maintenance free exterior

• Radiant hot water heating in suites - forced air common area

• 5 year New Home Warranty

APT Investments

• Acrylic Stucco exterior

• 22” depth web truss joint system

• Vinyl double thermal glazed sealed

• Sliding window units

• Triple pane sliding patio doors

• Balconies in every suite

• Vinyl decking (Duradeck)

• Aluminum railing (enamel finish)

• Extra soundproofing

• 2 layers of drywall between ceilings and floors

Lakeridge – Features, Construction

APT Investments

Lakeridge - Features, photos

APT Investments

Lakeridge - Floor Plans, Site Map

APT Investments

Lakeridge - Floor Plans

APT Investments

Lakeridge - Floor Plans

APT Investments

Lakeridge - Floor Plans

APT Investments

Lakeridge – Floor Plans/Pricing

APT Investments

Lakeridge – Market Info

Major Alberta Development Projects

1053 major projects with a total value of $240.2

billion are either under way or have been

announced to start in the next two years in

Alberta. With over 70% of the projects occurring in

the north-central region, Edmonton is poised for

prosperity. Avison Young 2010 Forecast

About Alberta's Economic Results, June 2010

Alberta’s economy has seen the highest rate of

economic growth in Canada over the past five years.

Alberta’s economy has increased 3.1% per year on

average, and experts believe that Alberta will

continue to lead the country in economic growth

over the long term.

APT Investments

Lakeridge – Market Info

• Spruce Grove one of the fastest growing

communities -- 6.5% growth per year for

the past 5 years.

• Higher personal per capita incomes, just

over 119% of the Canadian average

• Over 50% having either a college or

university education.

• 100,000 people within the immediate

trade area and over 300,000 within 20

minutes of downtown Spruce Grove.

• there are over 1,300 businesses licensed

in Spruce Grove.

APT Investments

Lakeridge – Market Info, CMHC Highlights

Residential sales reported by the Realtors Association of Edmonton (RAE)

increased by 22 per cent year-over-year in Q1 2010

CMHC forecasts price increases

• 3.9 per cent in 2010

• 3.6 per cent in 2011

40% decrease in multiple family dwelling starts in 2009 from 2008.

City of Edmonton reported for the first quarter show a 34 per cent

increase in the total value of building permits issued compared with

the first three months of 2009. Much of this year’s rebound has come

from residential and institutional activity.

APT Investments

Lakeridge - Market Info, Comparative Properties

Lakeridge quality construction will

surpass the competitors.

260 Spruce Ridge

Station 33rd

6 Spruce Ridge240 Spruce Ridge

APT Investments

Lakeridge – Market Info, Residential Sales

Address Suite Year SF Asking PricePrice per

SF240 Ridge 119 2008 900 $ 199,900 $ 222

308 2008 646 $ 199,900 $ 309

121 2008 900 $ 189,900 $ 211

216 2008 900 $ 187,500 $ 208

320 2008 857 $ 209,900 $ 245

511 Queen 433 2009 1075 $ 328,950 $ 306

300 Spruce Ridge 106 2008 1013 $ 239,859 $ 237

33 Station - Topaz 322 2009 1006 $ 225,900 $ 225 33 Station - Garnet 432 2009 904 $ 228,900 $ 253

33 Station - Jade 307 2009 804 $ 205,900 $ 256

Average $ SF $ 247.24

APT Investments

Lakeridge - ROIProperty Worksheet - Lake Ridge @ Spruce Grove, AB

Legal Unit Number 57 Exposure West

Suite Number 308 Square Feet 901

Suite Type BU/G Parkade stall #

124

Surface stall # 240

2009 Appraised Value $ 222,000 (PSF = 246)

Cash Requirements

Base Purchase Price$ 193,631

First Mortgage

$ 154,905 80%

GST on Sale $ -Second Mortgage

$ - 0%

Purchase Price $ 193,631 Down Payment

$ 38,726

Price per Square Foot $214.91 Purchase Price

$ 193,631

Projected Price/S.F. @ Yr 5

$243.15

APT Investments

Lakeridge - ROIPRO FORMA RETURNS

This chart is for illustrative purposes only. No guarantee of the results as projected is provided.

YearOriginal

Investment Cash Distribution

Mortgage Paydown

Appreciation ***

1 $38,426 $0 $0 $2,934

2 $0 $0 $3,054

3 $954 $2,725 $3,177

4 $1,297 $2,835 $3,303

5 $1,651 $2,950 $3,432

Totals (5 years) $38,426 $3,902 $8,510 $15,900

Before Tax After Tax **

Your total profit over 5 years $28,312 $21,183 Your ROI (cash on cash return) 5 years

73.7% 55.1%

Your annual average ROI 14.7% 11.0%

* Assume the property value increases per annum by :

2.50%** A 36% marginal tax rate is used for for After Tax

calculation*** Assume property sale at end of year 5 (net

of selling expenses)

Purchase Price - Unit 207 $ 192,131 Less:

1st Mortgage financing $ 153,705 2nd Mortgage financing $ -

$ 153,705

CASH REQUIRED AT CLOSING $ 38,426

Projected selling price at the end of year 5 $ 217,379 Less:

Repayment of Mortgage(s) $ 145,195 Selling costs (brokerage) $ 9,348

NET PROCEEDS FROM SALE $ 62,836

Plus:Cash distribtions rec'd (yrs 3-5) $ 2,949

Cumulative cash earned $ 65,785

Projected profit $ 27,359

ROI 71%

Lakeridge -ROI

Lakeridge

APT Investments

Quality Construction

Heated underground parking

Triple pane sliding patio doors

2 layers of drywall between

ceilings and floors

22” web truss joint system

Acrylic Stucco exterior

Extra soundproofing

In suite Laundry & storage space

Balcony (or patio in every suite)

Upgraded textured ceilings

Softline wall corners

Vertical blinds

7 appliances

Oak cabinets

Quality Finishes

APT means Buying Right !Building costs are their lowest in years - these

conditions will not last – take advantage – BUY RIGHT!

ONLY 25 PRESALE UNITS

Priced to sell @ 14% below appraisal

1 Year Lease starts at completion

Positive cash flow – 2 parking/ unit

RESERVE TODAY ONLY 10% down!

Lakeridge

APT Investments

APT means Buying Right !Building costs are their lowest in years -

these conditions will not last – take

advantage – BUY RIGHT!

RESERVE your unit TODAY

Reservation valid til August 15, 2010

Contract is assignable

Reservation forms are on the table –

waive deposit for tonight only