Careers

Thank you for your interest in career opportunities at BG Wealth Group.

Our workplace and company culture set us apart from the competition. Our company strongly emphasizes collaboration, critical thinking and creating a community where our team feels supported and inspired to achieve greatness for our clients and partners.
We're always looking for ways to improve and diversify our workforce, and we're glad to receive applications from people who share our values and mission.

Here are a few things that set our workplace apart:

We value team diversity.

Differences may exist in a variety of forms, and they are all opportunities. The hiring of individuals who have different personality types, as well as who are at various stages of their careers, enhances business innovation and fosters an electric working environment.

We support your growth.

We believe that personal growth is vital to the success of our company. We recognize the significance of empowering individuals to achieve their goals and aspirations.

We value team diversity.

Our team is encouraged to take full ownership of our business success. We pride ourselves on a culture that focuses on transparency and giving our team members all of the tools they require for excellence.

Explore our opportunities

With full-time and part-time career opportunities available, there is room for you to succeed and grow. We post all available job opportunities to LinkedIn.

Inquiries

If you are interested in working for our company, please email a cover letter and resume to info@bgwealthgroup.com. Please include the job reference code in the subject line if you have one.

We are a small firm that does not have many job openings. We may not be able to respond to everyone who contacts us, but we appreciate the time you took to reach out.

Your wealth-building journey begins now

info@bgwealthgroup.com

Your wealth-building journey begins now

Your wealth-building journey begins now

Owen Sound

261-281 9th Street East, Owen Sound, ON

	Value
Purchase Price	$1,055,000
Rents upon acquisition	$127,000
Fully rented	$235,290
Fully rented Building Value	$2,256,000
5-year ROI annualized	15.99%

The Story
261-281 9th Street East is a mixed-use (commercial/residential) building located in the heart of the downtown River District of Owen Sound. The building consists of 9 residential units (7-1 bedrooms, 1-2 bedroom & 1 studio apartment) and six commercial units. BG Wealth Properties purchased the building in March 2019 for $1,055,000 and immediately started employing its value-add model by renovating units and attracting high-quality tenants at attractive rental rates.

At the time of acquisition, one-bedroom residential units were renting anywhere from $550-$800 per month, and the two-bedroom unit was renting for $700/month. Through our value-add program, BG dramatically improved the condition of these units while successfully increasing rents on one-bedroom units to $1,300 per month, and $1,400 per month for the two-bedroom unit.

Similarly, commercial tenants were paying anywhere from $8.50-$10.00 per square foot at the time of acquisition (inclusive of taxes, maintenance, and insurance). Within the first 6 months, BG successfully started renovating commercial units and had new tenants sign long term leases at an average rate of $14.00 per square foot + $4.00/foot TMI (taxes, maintenance, and insurance) – for a total average rate of $18.00 per square foot.

Fully rented, the building carries a value of $2.2 Million based on rents we have achieved through our value-add business model.

This property still has more upside potential.

Owen Sound

950-956 2nd Ave. Street East, Owen Sound, ON

	Value
Purchase Price	$555,000
Rents upon acquisition	$28,800
Fully rented	$187,692
Fully rented Building Value	$1,600,000
5-year ROI annualized	17.38%

The Story
950-956 2nd Avenue East is a mixed-use (commercial/residential) building located in the heart of downtown’s River District of Owen Sound. The building consists of 6 residential units (2-2 bedrooms, 3-1 bedroom & 1 studio apartment) and two commercial units. BG Wealth Properties purchased the building in March 2019 for $555,000. The five upstairs vacant residential units were gutted with no tenants, while the downstairs had a high-end spa and a furniture store as commercial tenants.

In March 2021, BG Wealth Group partnered with an institutional lender and secured funding to renovate all residential units. In addition, given the shortage of high-end vacation rentals in the City of Owen Sound, BG has converted all six units to short-term vacation rentals, which will launch at the end of 2021.

In June 2021, BGWP attracted an up-and-coming Flame ‘N Bricks pizzeria franchise located in the commercial space beside the high-end spa. The culmination of high-end vacation rentals on the upper level, a spa and a pizzeria on the lower level will make this building one of the most attractive buildings in the downtown River District.

BG received a post-renovation appraisal of $1.3 Million on the building – more than 2X the original purchase price. Fully rented, the building carries a value of $1.6 Million based on typical short-term rental rates of the area.