BG Wealth Group

bgwg-logo-white

Our Firm

Our Firm

CEO and President
Our Story

How Two Great Talents Came Together.

Claudia Harvey was already a successful entrepreneur when she met Craig Dunkerley.  He was a sought-after business guru who lectured on taxes and investments.  Both believed in the power of successful strategy to build wealth and actualize potential. Now, they’ve come together with a shared goal: guiding others toward wealth and individual financial success.

Both Claudia and Craig work closely with the BG Wealth Group team to ensure clients are provided cutting-edge business strategies, innovative financial wealth opportunities, and the essential elements necessary for personal and business growth.

CEO and President

Our Story

How Two Great Talents Came Together.

Claudia Harvey was already a successful entrepreneur when she met Craig Dunkerley.  He was a sought-after business guru who lectured on taxes and investments.  Both believed in the power of successful strategy to build wealth and actualize potential.  Making the best financial arrangement of their lives, they decided to join forces.

Both Claudia and Craig work closely with the BG Wealth Group team to ensure clients are provided cutting-edge business strategies, innovative financial wealth opportunities, and the essential elements necessary for personal and business growth.

What is Wealth?

The BG Wealth Group Perspective

Our ideas about wealth are actualized through your ideas about wealth.  One investor might want to retire a few years early, while another can imagine a mansion, a yacht and endless time to travel.  Both are successful versions of wealth, and both are achievable.

We start with the question: What does wealth mean to you?
CEO and President

What is Wealth?

The BG Wealth Group Perspective

Our ideas about wealth are actualized through your ideas about wealth.  One investor might want to retire a few years early, while another can imagine a mansion, a yacht and endless time to travel.  Both are successful versions of wealth, and both are achievable.

We start with the question: What does wealth mean to you?
CEO and President

Our Leaders

Different Perspectives, Common Vision.

Craig Dunkerley - Co-Founder & CEO

Craig Dunkerley
Co-Founder & CEO

Craig Dunkerley is an expert investor, multi-business owner, financial specialist, and international speaker who inspires others to emulate his successful financial strategies. Craig is the CEO and Founding Partner of BG Wealth Group™ a group of companies that share one common objective: to provide the support that enables business growth and expands wealth.

Claudia Harvey - Co-Founder & President

Claudia Harvey
Co-Founder & President

Claudia is President and Co-Founder of BG Wealth Group. As a serial entrepreneur, as well as speaker and author, Claudia provides cutting-edge business growth strategies, innovative scaling solutions, and the essential elements necessary for accelerated business development.

Jason Sultana-Vice President of Operations

Jason Sultana
Vice President of Operations

Jason is an accomplished executive with a proven track record of providing operational leadership and driving strategic growth. He brings a wealth of expertise in optimizing business processes and implementing innovative solutions. Driven by a relentless commitment to delivering unparalleled client value, Jason is dedicated to maximizing success at BG Wealth Group.

BG Wealth Builders

Josh Braganza - Manager of Research and Investment Strategy

Josh Braganza

Manager of Research and Investment Strategy

Searlina D’Amico - Director of Marketing

Searlina D’Amico

Director of Marketing

Nicole Nusca - Manager of Operations

Nicole Nusca

Manager of Operations

Image of a business man

Christopher Nolan 

Manager of Investor Relations

Josh Braganza - Manager of Research and Investment Strategy

Josh Braganza

Manager of Research and Investment Strategy

Jennifer Arzadon - Associate of Investor Relations

Jennifer Arzadon

Associate of Investor Relations

Our Leaders

Different Perspectives, Common Vision.

Craig Dunkerley - Co-Founder & CEO

Craig Dunkerley
Co-Founder & CEO

Craig Dunkerley is an expert investor, multi-business owner, financial specialist, and international speaker who inspires others to emulate his successful financial strategies. Craig is the CEO and Founding Partner of BG Wealth Group™ a group of companies that share one common objective: to provide the support that enables business growth and expands wealth.

Claudia Harvey - Co-Founder & President

Claudia Harvey
Co-Founder & President

Claudia is President and Co-Founder of BG Wealth Group. As a serial entrepreneur, as well as speaker and author, Claudia provides cutting-edge business growth strategies, innovative scaling solutions, and the essential elements necessary for accelerated business development.

Jason Sultana-Vice President of Operations

Jason Sultana
Vice President of Operations

Jason is an accomplished executive with a proven track record of providing operational leadership and driving strategic growth. He brings a wealth of expertise in optimizing business processes and implementing innovative solutions. Driven by a relentless commitment to delivering unparalleled client value, Jason is dedicated to maximizing success at BG Wealth Group.

BG Wealth Builders

Josh Braganza - Manager of Research and Investment Strategy

Josh Braganza
Manager of Research & Investment Strategy

Searlina D’Amico - Director of Marketing

Searlina Bodden
Director of Marketing

Nicole Nusca - Manager of Operations

Nicole Nusca
Manager of Operations

Image of a business man

Christopher Nolan
Manager of Investor Relations

Image of a business man

Christopher Nolan
Manager of Investor Relations

Jennifer Arzadon - Associate of Investor Relations

Jennifer Arzadon
Executive Assistant for Investors Relations

Business Units

Tax & Accounting Solutions

BG Wealth Group offers personal and business tax and accounting solutions to round out investment portfolios. Tax advice and investment strategies go hand in hand, and BG Wealth Group provides a full-solution to our valued clients within Canada and the United States.

Accounting

Business Units

Accounting & Tax
Solutions

BG Wealth Group offers personal and business tax and accounting solutions to round out investment portfolios. Tax advice and investment strategies go hand in hand, and BG Wealth Group provides a full-solution to our valued clients within Canada and the United States.

Accounting
Scroll to Top
950-956 2nd Ave. Street East, Owen Sound, ON

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.

image of a road

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.