New multifamily on the 401 corridor. Direct from the builder.
380-home master-planned community in Greater Napanee. Target caps in the 5-7% range. Group savings available at scale.
Get the full pro-forma before the next reprice.
Live model with unit-level detail, rent comps, financing scenarios, and closing timeline. Delivered in 24 hours.
Request the PackageOver $1.4 billion is landing. Housing supply isn't.
These aren't projections. These are announced, funded, publicly disclosed investments actively building on the corridor right now. And the housing stock to absorb the workers, families, and demand they're bringing simply doesn't exist. That's the entire setup, in one paragraph.
Goodyear · $575M Napanee plant
200 skilled jobs, construction to mid-2027, minutes from the Springside site. The largest private investment in the town's history. Source: Invest Ontario.
CFB Trenton · $850M underway (20 min west)
Strategic Tanker infrastructure broke ground July 2025; up to 1,000 area jobs. DND separately building 668 residential units with further housing phases announced Feb 2026.
Costco chose the corridor · $37M+
167,000 sqft Belleville warehouse, larger than Kingston's, opening fall 2027. Institutional retail underwrites demographics before it builds. Announced July 2026.
Proposed: 250 MW "Napanee Data Park"
Filed in Ontario's grid queue; the Town rezoned in Feb 2026 to permit data centres, beside the 900 MW Atura generating station. Proposed, not yet committed — pure upside if it lands.
Tight, verifiable vacancy · zero new supply
Kingston CMA vacancy 2.4%, 3-bedroom units 1.2% (CMHC 2025). No new purpose-built rental constructed in Napanee in 25 years; new product commands a 15-25% rent premium.
Absorption is happening
Comparable corridor communities (Millhouse Yards, Riverstone) are selling through at 72-95%. Springside's own Phase 1 homes are actively selling and delivering from December 2026.
124 Old Hamburg Road, Greater Napanee.
Site facts (from the investor package)
- 380-home master plan at 124 Old Hamburg Road, Greater Napanee
- Phase 1 servicing complete — construction underway, homes delivering
- 1 km to downtown Napanee — walkable to shops, restaurants, river trails
- Directly on the 401 — 25 min Kingston, 30 min Belleville / PEC
- Site appraised at $35.7M today (excluding buildings)
- Phase 1 homes delivering from December 2026 onward
Institutional-grade product. Retail-accessible entry.
This is what separates a deal you'd underwrite from one you'd walk past.
7-year Tarion structural warranty
Full Ontario new-home warranty coverage on every unit.
Enercare Smarter Home package
Smart thermostat, leak sensor, doorbell camera, HVAC monitoring.
New construction — no deferred capex
No 1970s boilers, no surprise assessments, no aging infrastructure.
Tenants pay their own utilities
Individually metered where applicable. NOI is clean.
MLI-eligible at 5+ doors in one transaction
Qualifies as multifamily for CMHC-insured financing. Illustrative 1.30 DSCR at 75% LTV on group purchases.
No condo or POTL fees on townhomes
Freehold ownership on the townhome bundle — no ongoing common-element fees.
Six reasons investors work with BASH directly.
When you invest at Springside through the direct-buyer program, you skip the intermediaries and work with the operator who planned, financed, and built the community.
No listing fee stack
Off-market means no listing commissions, no buyer's agent commissions, no wholesaler markup. That 4-6% stays inside the deal — passed to you as a better per-door price.
Tiered group pricing
Buying more than one unit unlocks group pricing ($30K/door savings from single-unit pricing). Buy one, buy eight, buy thirty-eight — the pricing structure rewards scale.
First look at every new phase
Registered investors see new phase releases, floor plans, and group availability before they're offered to any broker channel. In an appreciating market, first access matters.
Direct-to-builder pipeline
Close on one release, and the next comes to you first. The relationship compounds — repeat investors get preferential access across the entire BASH portfolio.
Coordinated multi-unit handover
Pre-delivery inspections, warranty registrations, appliance setup, utility transfers, smart-home handover — all coordinated for the entire group in one process.
Institutional-quality product
New construction, Tarion warrantied, Enercare smart-home package, finishes designed for rental durability. Ready for a professional operator from day one.
Three independent exits. No single-thesis risk.
The best deals aren't the ones that need everything to go right. They're the ones that pay whether you hold, refinance, or sell — and the numbers here work on all three.
01 · Hold on insured debt
MLI-eligible product with projected 1.30 DSCR at 75% LTV on group purchases. Refinance on stabilization to pull equity for the next deal.
02 · Retail out at individual pricing
Singles carry a meaningful premium over group pricing today. As phases absorb and prices reprice upward, individual resale becomes a real exit option.
03 · Sell the income stream
Stabilized new-construction rentals in a sub-2% vacancy corridor are exactly the product institutional buyers rotate into. Institutional exit is table-stakes.
From conversation to keys.
A simple, builder-direct process.
20-minute call on the numbers
Full pro-forma and live model provided so you can pressure-test every assumption. No obligation, no soft sell.
Allocation held on a first-come basis
Unit selection for group buyers. Refundable deposit holds your specific units and pricing while you finalize.
Purchase agreement through counsel
Standard deposit 15-20% (flexibility available on strategic transactions). Your lawyer and ours finalize direct-to-builder documentation.
MLI Select pathway on 5+ doors
Introductions available to CMHC-experienced lenders and brokers active on this product. Illustrative 1.30 DSCR at 75% LTV on group purchases.
Tarion-backed delivery + PM support
Builder completes construction, Tarion-backed delivery, property management available locally for hands-off ownership.
This window closes. Here's exactly why.
Every phase of a new construction release has a pricing curve. Early participants get the numbers that make the deal work. Late buyers pay the corridor thesis after it's obvious to everyone.
The group pricing window is now
Group pricing sits meaningfully below individual pricing today. As Phase 1 absorbs, individual pricing steps up and the group discount tightens. This is the widest the spread will be.
The corridor is actively repricing
$575M (Goodyear) + $850M (CFB Trenton) + Costco actively arriving, against zero new rental supply in 25 years. The market hasn't priced this in yet. It will. First-mover buyers lock the pre-reprice basis.
Allocations are finite and moving
38 back-to-back condos and one 6-unit townhome bundle in the current release. First-come on unit selection. Once the release is spoken for, the next phase releases at repriced numbers.
Common questions.
Can I buy just one unit?
Yes. Individual units are available at direct-from-builder pricing. Group pricing kicks in on larger transactions with meaningful per-door savings. If you're between individual and full bundle sizing, we can structure something that reflects your commitment — reach out.
How does the group savings work?
Group purchases receive a per-door price reduction versus individual pricing, plus a step-up in the going-in cap. The savings scale with unit count. Current per-door numbers and total group savings are provided with the investor package.
What are the projected cap rates?
Cap rate targets sit in the 5-7% range across product types, based on rent targets deliberately set below Kingston asking averages. Full unit-level pro-forma with current pricing, rent assumptions, and financing scenarios is provided with the investor package.
Is CMHC MLI Select financing available?
The product qualifies as multifamily for CMHC-insured financing at 5+ doors in one transaction (MLI eligible). Illustrative 1.30 DSCR at 75% LTV on group purchases. We can introduce you to CMHC-experienced lenders and brokers active on this specific product.
What deposit do I need?
Standard deposit is 15-20%, with flexibility available on strategic transactions. Structure is finalized at LOI and confirmed in the purchase agreement.
When do units close and deliver?
Construction is underway and homes are delivering. Phase 1 homes selling at $499,900-$899,900 begin delivering from December 2026. Group purchase delivery timelines are confirmed at agreement stage based on the specific units allocated.
Do I need a real estate agent?
No. Buying direct from BASH means no listing agent, no buyer's agent, no broker layer. If you already have an agent you'd like to involve, we can accommodate — but it isn't required, and skipping the fee stack is what enables the group pricing.
Is property management available?
Yes. We have local property management partners available for hands-off ownership. You're free to use your own manager if you prefer.
Can I close on one release then get first look at the next?
Yes. Repeat direct-buyers get first look at future phases and future BASH releases before public availability. Springside is a 380-home master plan — there's a real pipeline behind the current release.
The deal you want is the one you underwrite before it's obvious.
Fill out the form and we send the full package within 24 hours — current pricing, unit-level pro-forma, live model, rent comps, verified corridor data, and financing pathway. Pressure-test every assumption before you commit.
Direct investor registration
Full package delivered in 24 hours. No listing agent, no soft sell — just the numbers, in your inbox.
Got it — package on the way.
You'll receive the full investor package within 24 hours, including pricing, live model, and market thesis.
— Sunni Yaremchuk
Director of Business Development, BASH
Developments