Private real estate investment, Ontario
Under-used houses, turned into legal rental housing.
Alturas Capital is the private real estate investment platform of Harsh Bhangu. The strategy is simple: acquire under-used residential property in Ontario, add legal units, and hold the result as long-term rental housing.
Introduce yourselfOne strategy, run end to end
The value comes from the work, not the market. The focus is property where zoning allows more units than exist today, in neighbourhoods we already operate in.
Acquire
Single-family and small multifamily property in markets known on the ground. Underwritten on finished value and finished rent, never on today's.
Convert
Permits, drawings and construction run through Remodd, the principal's own renovation and management company.
Lease
Units are marketed ahead of completion and leased by the same team that delivered them.
Hold
Finished buildings are financed on their new value and kept as long-term rental housing.
What sits behind it
The same people source, build, lease and manage each property, so nothing is handed off between companies along the way.
Construction
Remodd Renovations and Property Management takes projects from permit drawings to occupancy, including conversions and legal secondary units.
Management
Leasing, tenant relations and maintenance are handled in-house after completion.
Sourcing
The principal is a licensed Ontario realtor, with direct access to listed and off-market property.
Financing
Working relationships with mortgage brokers and private lenders across purchase, construction and term financing.
Track record of the principal
Core markets are Kingston, Toronto and the GTA, with holdings in select other markets. Work ranges from basement apartments and single-family-to-triplex conversions to the renovation of a 12-unit multifamily building.
Figures refer to properties owned and projects delivered by Harsh Bhangu and his companies, for his own holdings and for clients. Alturas Capital does not itself hold title to these properties.
Principal
Harsh Bhangu
Harsh is a real estate investor and licensed Ontario realtor. He has assembled an 11-property rental portfolio while running Remodd, the renovation and property management company that improves and operates it.
Since 2019 he has taken a dozen projects from permits to tenants, for his own holdings and for clients in Waterloo, Toronto and Kingston.
Get in touch
If you own a property that fits, lend against real estate, or want to understand the strategy in more detail, send a note.
harsh@alturascapital.caThis website provides general information about Alturas Capital and its principal. It is not an offer to sell, or a solicitation of an offer to buy, any security, and no securities are offered through this site. Past results do not guarantee future results.