Conservative
~25%
5-Year IRR · 2.1x MOIC
Occupancy60%
ADR$4,000
Cash-on-cash Yr 2~12%
A Luxara Property · Silvertip, Canmore, Alberta
A $7.5M
Canmore estate.
Invest from $100K.
Projected 37.5% five-year IRR (2.5x MOIC). 15-25% annual cash yields.
Deeded LP ownership. Accredited investors only.
Deal ClosedProperty purchased & funded
Furniture OrderedInterior fit-out underway
PossessionJuly 31, 2026
Rentals StartingAugust 1, 2026
Founding TermsBest allocation, available now
The Opportunity
The Canmore market is unbeatable.
This property was built to lead it.
Mountain Tranquility Place is the first Canmore development with detached homes zoned for Tourism - a designation that is nearly impossible to obtain. The deal is under contract. Possession July 31, 2026.
✓
Under ContractProperty secured
Now
LP Raise OpenShares filling
3
PossessionJuly 31, 2026
4
BVCU RefiMonth 12, yields jump
5
Year 5 Exit5 paths available
Luxara is syndicating co-ownership through a Canadian Limited Partnership. The capital structure - $3.5M BVCU first mortgage, $2M Pillar bridge debt, and $2.3M LP equity - creates leverage that amplifies returns. BVCU will refinance up to 65% LTV within 12 months, replacing the bridge debt and lifting cash yields from approximately 4.6% in Year 1 to 15.8% in Year 2. DSCR is 2.3x+ in all scenarios.
Return Projections
Three scenarios.
Private equity returns.
Base Case
37.5%
5-Year IRR · 2.5x MOIC
Occupancy65%
ADR$4,800
Cash-on-cash Yr 215.8%
Upside
45%+
5-Year IRR · 3.0x+ MOIC
Occupancy75%+
ADR$5,500+
Cash-on-cash Yr 220%+
Conservative assumptions
Base case uses $4,800 ADR vs. a $5,000-8,000 market range. 65% occupancy vs. 80% market average. No ADR growth above inflation. No occupancy improvement assumed.
The refinance catalyst
BVCU refi drops annual debt service by ~$216K at Month 12. This flows directly to investor distributions - the primary driver of the Year 1 to Year 2 yield jump.
Projected returns are forward-looking estimates and are not guaranteed. Results depend on occupancy, rental pricing, refinancing outcomes, and market conditions. Past performance does not guarantee future results. Real estate is an illiquid investment. This does not constitute an offer to sell securities.
Deal Structure
73.3% LTV.
Leverage working for you.
Sources
BVCU 1st mortgageVariable rate
$3,500,000
Pillar 2nd mortgageBridge debt
$2,000,000
LP equity raise
$2,300,000
Total$7,800,000
Uses
Property acquisition
$7,500,000
Furniture + closing reserve
$300,000
Total$7,800,000
The Month 12 refinance: BVCU refinances up to 65% LTV, virtually replacing Pillar debt. Annual debt service drops by approximately $216,000 - flowing directly to investor distributions. Cash yields move from ~4.6% (Year 1) to 15.8% (Year 2) as a result. DSCR is 2.3x+ in all scenarios.
Investor Access
Three tiers.
All deeded LP ownership.
All passive investments. All receive LP economics, rental distributions, and property appreciation. No operational involvement required.
Explorer
$100K
Pure financial investment
- Deeded LP ownership
- Rental income distributions
- Property appreciation upside
- Five exit paths available
Ascent
$250K
Enhanced equity + 5 low-season nights/yr
- Deeded LP ownership
- 5 low-season nights per year
- Luxara Exchange (Costa Rica)
- Enhanced distributions
Summit
$550K
~24% LP equity · 10 low-season nights/yr
- Deeded LP ownership (~24% of LP)
- 10 low-season nights per year
- Governance on major decisions
- Luxara Exchange (Costa Rica)
- Maximum distributions
The Asset
Property & Architect Renderings · Click to enlarge · Drag to browse
Serenity Point
Mountain Tranquility Place · Canmore, AB
6 bedrooms across 5,500 sq ft in Canmore's most exclusive address. First detached homes zoned for Tourism - a designation nearly impossible to obtain today. Professionally managed by Vacations in Canmore.
6
Bedrooms
7
Bathrooms
3
Covered Decks
STR
Tourism-Zoned
SaunaCold PlungeHot Tub
Yoga StudioGymChef's Kitchen
Silvertip Golf AdjacentWildlife Corridor
Three Sisters ViewsTurnkey Furnished
Managed by Vacations in Canmore - the premier luxury property operator in the Bow Valley. Dynamic pricing, guest services, and maintenance - fully handled.
Supply-constrained.
Demand keeps growing.
80%
Luxury STR
Occupancy
Occupancy
76.4%
Home Value
Growth Since 2019
Growth Since 2019
$14.4B
Alberta Visitor
Spending 2024
Spending 2024
Ownership Structure
Five ways out.
You choose the path.
Your ownership is secured in a Canadian Limited Partnership. Your share appreciates with the property.
01
LP Unit Resale
Transfer your position - no full property sale required.
02
Refinance Distribution
Month 12 refi designed to return capital while improving ongoing yields.
03
Whole-Asset Sale
Full sale with supermajority LP approval. Proceeds distributed pro rata.
04
LP Unit Swap
Exchange LP units into another Luxara project. Stay invested, shift the asset.
05
Luxara Buy-Back
Buy-back program available from 2028 at agreed valuation for a clean exit.
LP
You Vote on Major Decisions
Nothing of consequence happens without LP approval.
Investor Benefit
Trade Snow for Sand.
No additional cost.
Ascent and Summit investors exchange usage points between Luxara properties. Swap Canmore nights for beach time at Villa Vista Bahia in Costa Rica. Portugal joins the network in 2027.
Serenity Point
Mountain Tranquility Place
Canmore, Alberta · 5-10 nights/yr
⇆
Villa Vista Bahia
Playas del Coco, Guanacaste
Costa Rica · Operational now
Portugal property joining 2027 — Ascent + Summit investors only — Fee-free point swap
Leadership
The team.
VS
Vladlen Stark, CPA, CA, ICD.D
Founder & CEO · Luxara Inc.
Skin in the game
Co-owner of Serenity Point. Personal capital committed alongside investors. CPA, CA with ICD.D governance credential.
SO
Shaun Oosthuizen
Strategic Advisor
Real estate investment specialist. Canmore and Bow Valley market expertise.
DG
Dex Gittens, MBA
Strategic Advisor
Finance, capital structure, and growth strategy.
Get the Full Deck
Request the
investor deck.
Full financial model, capital structure, return scenarios, LP agreement structure, and exit options. Connect with Vladlen directly.
- Year-by-year cash flow projections
- Capital structure and debt waterfall
- All three return scenarios modeled
- LP agreement overview and exit paths
- Canmore market data and comps
Questions
What investors ask
before they decide.
I am not Canadian. Can I invest?
Yes. The LP structure is how qualified international investors access this asset class. Non-Canadians cannot purchase the property directly under current foreign ownership rules - but LP units carry no such restriction. Investors from the US, UK, Australia, UAE, and other jurisdictions are welcome, subject to accredited investor status in their home jurisdiction.
What's the minimum investment?
$100,000 (Explorer tier). Three tiers: Explorer ($100K) - pure financial investment. Ascent ($250K) - 5 low-season nights/year. Summit ($550K) - ~24% LP equity, 10 low-season nights/year, governance rights. All tiers receive deeded LP ownership. Accredited investors only.
What are the projected returns?
Base case: 37.5% five-year IRR (2.5x MOIC) at 65% occupancy. Conservative: approximately 25% IRR. Cash yields move from ~4.6% (Year 1) to 15.8% (Year 2) after the BVCU refinance at Month 12. These are forward-looking estimates, not guarantees.
Can I use the property?
Ascent investors receive 5 low-season nights per year. Summit investors receive 10. Explorer is a pure financial investment with no personal usage. No high-season usage for any tier - this protects rental revenue for all investors.
How do I get my money out?
Five exit paths: LP unit resale, Month 12 refinance distribution, whole-asset sale with LP approval, LP unit swap into another Luxara project, or Luxara buy-back program (starting 2028). You vote on all decisions of consequence.
Who manages the property?
Vacations in Canmore - the premier luxury property operator in the Bow Valley. Full-service management including dynamic pricing, guest services, and maintenance. Zero operational involvement required from investors.
The deal is already funded. Why are you still raising?
The property is secured and operating capital is in place. New LP investors improve the capital structure — the sooner interim high-cost obligations are replaced with LP equity or lower-cost debt, the stronger the returns for all investors. Given the pathway to refinance with BVCU, only a few additional investors will be able to join the LP to avoid dilution of current investors.
Is this a timeshare?
No. You own real deeded equity in a Canadian Limited Partnership. Your share appreciates with the property. Multiple exit strategies available. This is closer to a private real estate syndication than any consumer vacation product.