Portfolio · The Win-Win Plan
One brand, two entities — OpCo owns the platform, PropCo owns the building — connected by an arm's-length licence fee that makes PropCo an honest anchor SaaS customer from day one.
Structure
Two entities so neither's risk profile contaminates the other's cap table. Software ships independently — OpCo revenue clock starts at month 0.
ATLAS OS Inc.
The platform (SaaS)
The digital-twin / fleet / sensor-ingestion / broadcast platform. Capital-light, scalable, sells to third-party buildings now — independent of any shovel.
- Venture / innovation capital
- SR&ED tax credits
- NRC IRAP
- Arm's-length licence fee from PropCo
- SaaS licences (third-party buildings & portfolios)
- Fleet/portfolio subscriptions
- Sensor-ingestion tier
ATLAS-01 PropCo
The building (single asset)
The right-sized, permittable flagship tower. Hard-asset collateral, yield profile. Anchor reference customer + live showroom for OpCo.
- CMHC MLI Select debt
- Yield equity
- Residential rent / sale (market multi-unit)
- Opex savings (non-potable reuse + islanding)
Funding & Programs
Canadian government programs, credits, and incentives mapped to each entity.
CMHC MLI Select
CMHC
Better LTV/terms via energy-efficiency + accessibility points (affordability optional).
Greener Affordable Housing
NRCan / CMHC
Capital for deep energy retrofit / high-efficiency new build.
Save on Energy
IESO (Ontario)
Demand-response + efficiency incentives for the ESS + controls.
SR&ED
CRA
R&D tax credits for the twin / fleet / ingestion platform.
NRC IRAP
NRC
Innovation funding for productizing the OS for third-party buildings.
Approvals Timeline
The permitting long-pole is water. Front-load pre-consultation to get paths in writing before design-development spend.
Months 0–2
Pre-consultation
Municipality · Chief Building Official · MECP
- Occupancy matrix on the table
- Water-reuse approval path in writing
Months 2–6
Concept approvals (parallel)
Planning · MECP · CMHC · LDC
- Zoning / site plan
- MECP ECA pre-submission
- CMHC MLI Select eligibility
- LDC interconnection study
Months 6–12
Permit set
Building · Fire · MEP
- Code matrix
- Interconnected-space fire engineering
- CSA B128 dual-plumbing
- ESS fire design
- Barrier-free (AODA)
Pro Forma — Illustrative Economics
Planning-aid numbers only — not an offering or financial advice. Assumptions: 64 market dwellings, $420k/door all-in, CMHC MLI Select 95% LTV, Toronto net rents.
$26.9M total — breakdown by category
SaaS revenue — PropCo anchor + third-party buildings (yr 1–5)
Assumptions: Toronto mid-rise all-in construction cost $420k/door; CMHC MLI Select 95% LTV (energy + accessibility points, no affordability covenant required); net effective rent $2 200/mo/unit; opex savings $80k non-potable reuse + $40k IESO demand-response credit; OpCo licence $60k/yr arm's-length; ARR ramp 3 → 40 buildings over 5 years at avg $60k/building/yr; blended 10-yr MOIC 2.8× reflects PropCo equity appreciation + OpCo SaaS exit, illustrative only.