Mortgage Investing Backed by Ontario Real Estate
Providing investors with an opportunity to earn stable, asset-backed returns — right here in Windsor-Essex, one of Ontario’s most resilient and opportunity-rich real estate markets.
What is a MIC
Mortgage Investment Corporation
A Mortgage Investment Corporation (MIC) is a specialized investment vehicle that allows individuals to generate consistent returns by investing in real estate-backed mortgages. Using both registered and non-registered funds, MICs provide an opportunity to grow your wealth while diversifying your portfolio.
Structured as flow-through entities for tax purposes, MICs pass earned income directly to investors, offering potential tax efficiencies. These corporations primarily focus on real estate mortgages, generating income from the interest payments secured by real properties. With the stability of real estate as collateral, MICs are an attractive option for investors seeking reliable income and strong returns.
Here’s how they typically work:
Tax-Free Savings Accounts (TFSAs)
TFSAs let you grow your investments tax-free. By holding MIC investments in a TFSA, you can earn interest, dividends, and capital gains without paying taxes, maximizing your returns.
Registered Retirement Savings Plans (RRSPs)
RRSPs allow your MIC investments to grow tax-deferred until retirement. This tax advantage helps compound your returns, making it a smart addition to your retirement savings.
Registered Retirement Income Funds (RRIFs)
Transfer your RRSP savings into a RRIF upon retirement to continue earning income from MIC investments. Withdrawals are taxable, providing a steady stream of retirement income.
Corporate Investment Accounts
Corporations can invest in MICs to diversify portfolios and generate reliable returns from real estate-backed mortgages. It’s a stable option for long-term business growth.
Investing in a MIC involves purchasing shares or units through specialized investment accounts like brokerage or registered accounts. These accounts provide the tools and infrastructure needed to buy, hold, and manage MIC investments seamlessly.
Your Investment Growth
Estimated 20 Year Returns
$208,883.20
8.25% Targeted Return
plus Semi-Annual Bonuses
*Initial Investment of $50,000 over 20 years
How it Works
Investing in a Mortgage Investment Corporation
1. Investor Contributions: Investors pool their funds by purchasing shares in the MIC.
2. Mortgage Lending: The MIC uses these funds to provide mortgages for real estate purchases or developments.
3. Interest Income: Borrowers repay their mortgages with interest, generating the MIC’s primary revenue.
4. Distribution to Investors: After covering expenses, the MIC distributes remaining income as dividends to investors.
Why Invest with Erie Shores Capital?
Whether you're seeking steady income, RRSP/TFSA growth, or simply a smart alternative to mutual funds and GICs, we offer a clear path to do more with your capital.
Backed by Real Assets
Every dollar is secured against carefully underwritten residential, commercial, and rental properties—primarily in the Windsor-Essex region. We focus on areas we know best.
Attractive Returns
Our investors benefit from: 8-11% targeted annual return, Semi-annual performance bonuses & Monthly reporting and full transparency
Short-Term Commitment
With 1-year investment terms, we offer flexibility while still providing stable, compounding growth.
Compliance-Ready
Our files are clean, compliant, and built for FSRA standards.
Windsor-Essex Investment Opportunities Backed by Real Property
The mortgage landscape is changing — with traditional bank financing becoming harder to access for borrowers, private lending opportunities are stronger than ever.
By focusing on prime mortgage opportunities in Windsor-Essex and across Southwestern Ontario, we see opportunities others don’t and put our investors in the best position to achieve strong, steady returns.
When you invest with Erie Shores Capital, you join a team committed to growing your wealth through smart, sustainable lending...
Where your capital isn’t just invested, it’s actively working in a market we know and trust!
Fund Facts
High Yield Asset-Backed Equity Fund (Ontario)
Erie Shores Capital High Yield Asset-Backed Mortgage Investment Corporation (Ontario) offers diversified exposure to the securitized residential equity market across a range of residential mortgage asset classes.
| Target Rate of Return | *8-11% + Semi-Annual Bonues |
|---|---|
|
Income Distributions |
Monthly |
|
Compounding Period |
Monthly |
|
Type of Accounts |
TFSA/RRSP/LIRA/RRIF/CASH (Personal/Corporate Accounts) |
|
Term |
1 Year |
|
Minimum Investment |
$25,000 |
Fund Performance
*as of May 2, 2024
How to Get Started
At Erie Shores Capital Management, we simplify this process for you.
Here's how it works:
Start by reaching out to Erie Shores Capital for an initial consultation. During this step, we’ll answer any questions you may have about MIC investments and provide an overview of our investment offerings and strategies.
Take your time to review this document and consult with your financial advisor if needed. The offering memorandum outlines:
- Our investment objectives.
- Risk disclosures and potential rewards.
- Dividend distribution policies.
Once you’re ready to proceed, complete the subscription agreement, which formalizes your investment in our MIC.
Transfer the agreed-upon investment amount to Erie Shores Capital. Our team will guide you through the process to ensure everything is handled efficiently.
Once your investment is finalized, you’ll begin receiving regular dividends, with opportunities to reinvest them for compounded growth.
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