04 / Accredited investors
9.25% TARGET YIELD,
PAID MONTHLY.
Baystone Capital MIC is a registered Canadian mortgage investment corporation backed by 400+ first-position mortgages across Ontario, BC, and Alberta. Distribution stability, monthly cash flow, registered-plan eligibility.
Total AUM
$178.4M
Mortgages held
412
Avg LTV
61.8%
Weighted avg rate
9.47%
Default rate (TTM)
0.28%
2025 distribution yield
9.41%
Avg loan size
$432K
% Ontario
63%
% 1st position
84%
Portfolio composition · Q1 2026
Distribution history · 5-year
2021
8.62%
2022
8.94%
2023
9.18%
2024
9.36%
2025
9.41%
Past distributions are not a forecast of future performance. See risk factors in the offering memorandum.
Offering terms
CLASS A PREFERRED SHARES.
Security
Class A non-voting preferred shares
Target distribution
9.25% per annum
Distribution frequency
Monthly · DRIP-eligible
Minimum subscription
$10,000
Eligibility
Accredited investor (NI 45-106)
Registered plans
RRSP / TFSA / RRIF / RESP eligible
Redemption
Annual, subject to fund liquidity
Fees
1.25% MER · no front- or back-end load
REQUEST THE OFFERING MEMORANDUM
Restricted to accredited investors. Our investor relations desk will verify accreditation and send the OM directly.
