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Investor Relations

Our Advantage

Boardwalk provides inclusive communities to work and live through its strategy of operational excellence, innovation, and
opportunistic growth focused capital allocation, to create leading earnings performance resulting in strong total shareholder return.

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Corporate Profile

$8.7B

in Total Assets

34,270

Total Suites
(as at March 31, 2025)

96%

of Mortgages are CMHC Insured

>24%

Combined Insider Ownership

$391.3M

Net Operating Income
(12 months ended March 31, 2025)

Organic Growth

Best In Class Organic Growth Paired with Strong Affordable Housing Fundamentals

  • Significant portfolio in affordable and non-price-controlled markets with strong fundamentals
  • Strong leasing spreads on both new and renewal leases
  • Vertically integrated platform to optimize NOI
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Capital Recycling

Accretive Capital Recycling

  • Investment in return generating value-added capital investment
  • Opportunistic, strategic, and accretive growth in acquisitions and new development
  • Sale of non-core assets to recycle capital, and tactical use of NCIB, when appropriate
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Financial Foundation

Solid Financial Foundation

  • Conservative balance sheet
  • CMHC financing provides attractive rates and limited renewal risk
  • Minimum distribution policy maximizes available capital from our growing funds from operations for reinvestment back into housing
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Compelling Value

Compelling Value

  • Attractive cap rate with strong growth profile
  • Implied valuation lower than private marketing transactions
  • Diversified product offering across three distinct brands: Living, Communities and Lifestyle
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Financial Insights

Boardwalk’s market leading operations are a direct result of our disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and ongoing community management. This direction provides us higher free cash flow and investment returns, stable monthly distributions and value creation for all stakeholders.

Last Quarter Results

Latest Press Release

May 6, 2025
Boardwalk REIT Reports Strong Results For Q1 2025 With Resilient Demand For Quality Affordable Housing
May 6, 2025

Boardwalk REIT Announces Voting Results From 2025 Annual Meeting of Unitholders

April 3, 2025

Boardwalk REIT Provides Operational Update, Confirms Closing of Elbow 5 Eight Acquisition and Announces Timing of First Quarter Results

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ESG Report

A snapshot of Boardwalk and our results to date as one of Canada’s leading rental providers (as of December 31, 2023). We are guided by our commitment to attracting and retaining a diverse team of Associates, and providing the very best rental experiences for our Resident Members.

Leadership and Board of Directors

Leadership

Please choose a Team Member HubDB table or create one with the columns in the table. Set the columns with the right name.

These are the fields needed for the hubdb table
Column Label Column Name Column Type
Name name text
Suffix suffix text optional
Title (Position) title text optional
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Board of Directors

Please choose a Team Member HubDB table or create one with the columns in the table. Set the columns with the right name.

These are the fields needed for the hubdb table
Column Label Column Name Column Type
Name name text
Suffix suffix text optional
Title (Position) title text optional
Headshot picture image
Bio bio richtext optional