Auctus THI Calgary Apartment Fund LP (Icon Calgary) is a limited partnership formed to invest in the development, construction, and operation of a new multi-family apartment development in the Trinity Hills neighbourhood of west Calgary.

Offering excellent connectivity via the adjacent major roadways, the Trinity Hills neighbourhood provides easy access to all of Calgary’s top destinations, including a 15-minute drive to downtown, and an 8-minute commute to the University of Calgary. The project is also located at the base of the Canada Olympic Park, providing excellent access to  world class indoor and outdoor amenities.

When complete, this new development will offer 340 luxury apartment units with 1-, 2- and 3-bedroom suite configurations, best-in-class amenities, and a wide array of surrounding retail.

Construction is expected to commence in the fall of 2022.

Key Details
  • Icon Calgary is a 340 unit apartment community
  • This property consists of 2 six-storey apartment buildings
  • Icon Calgary is located in the desirable neighbourhood of Trinity Hills, located at the base of the Canada Olympic Park
  • This fund is fully subscribed and no longer accepting subscriptions for investment

Deveraux currently has over $750 million of real estate related assets under management.