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Community Bonds

Why invest in a new home for social innovation?

We’re thrilled to announce that CSI has bought the 64,000 sq. ft. Murray Building, located right across the street from CSI Spadina at 192 Spadina!

We know that social innovations are key to addressing the social and environmental challenges we face. With real estate prices soaring, it became a priority for us to create a permanent home for social innovation in downtown Toronto near industry, corporations, transit, government and decision makers. Read more about why we felt buying a building was crucial in Tonya's blog.

The beautiful brick and beam building was just screaming for us to transform it into a citadel of innovation for nonprofits, for-profits, entrepreneurs, artists and activists working on ideas that benefit people and the planet. But we can’t do it alone! We want to buy out our short-term bridge financiers and leverage the power of community. So we’re bringing back the Community Bond and offering our supporters a real estate investment with social impact!

"This is a new model of raising money. It’s a tool that allows us to change the way we design cities. We don’t need to wait for the city to build new community centres, we can build them ourselves!"

— Tonya Surman in The Toronto Star

What’s the opportunity?

CSI has purchased a 64,000 sq. ft. brick and beam building near Queen and Spadina to expand its globally recognized coworking model. We’re bringing back the Community Bond, which we used to purchase our CSI Annex location, offering an annual return of 3 - 4.5%

How does it work?

The Community Bond is an interest-bearing loan that allows a nonprofit to leverage its community of supporters to pursue its mission, build its resiliency, and create more vibrant communities. Your investment earns you an annual return, is backed by the building, and has a social impact.

Read the Frequently Asked Questions.

Bond offering

Interest Rate

Minimum Investment

Interest + Repayment
Accruing and compounding, interest and principal paid upon maturity

Maturity Date
May 15 2019

Community Perk
Series C Bond investors will receive a complimentary CSI Community Membership until the bond's maturity date.

Interest Rate

Minimum Investment

Interest + Repayment
Interest paid semi-annually, principal paid upon maturity

Maturity Date
May 15 2019

Community Perk
Series D Bond investors who are not CSI member will receive a complimentary CSI Community Membership until the bond's maturity date.

Interest Rate

Minimum Investment

Interest + Repayment
Accruing and compounding, interest and principal paid upon maturity

Maturity Date
May 15 2017

Community Perk
Individuals making an investment of $10,000 or more will receive a complimentary CSI Community Membership until the bond's maturity date.

We will process all payments on the last business day of each month and interest will begin on the first of the following month.

Community Bonds in the News

How much will my investment earn?

Type of Bond:
How much do you want to invest?
Total Interest:
Total Investment Value:

This tool is for informational purposes only and its values are an approximation.
Exact returns are determined by the date the bond payment is processed.

CSI Members

Your investment will secure space for 400 social mission organizations just like these!

Toronto Fringe Festival

The Toronto Fringe is part of a movement to about celebrating under-represented voices and those on the margins of the performing arts world. Their Flagship Fringe Festival creates opportunity for thousands of artists each year with 100% of the ticket prices going to the artists

TechSoup Canada

TechSoup Canada is dedicated to empowering charities, nonprofits and libraries with the effective use of technology. Since 2004, over 14,000 nonprofits, charities and libraries in Canada have received over $185 million worth of software donations through TechSoup's programs.

Toronto Tool Library

The Toronto Tool Library is Toronto's first community space for sharing tools - as wide ranging as generators and drills, to 3D printers and an open-sourced laser cutter - reducing consumption and ensuring access for everyone.


Our plan for the building

The beautiful building is comprised of six stories totalling 64,000 sq. ft. It currently has a 75% occupancy on the upper floors with the ground floor empty. The offices are between 300-4,000 sq. ft.

Our plan is to keep the current tenants — many of whom already fit with the CSI mission — fill the existing vacant units, rent out the ground floor as part of our event space rental business, and make necessary repairs and upgrades. After consultation and assessment, we will gradually convert some of the building into the CSI model with shared facilities, meeting rooms, event spaces, offices and coworking. We will move our current CSI Spadina tenants to the new building when our lease with the Robertson building ends October 2018.

"This investment of a Community Bond solidifies for me my personal connection to CSI...In short, for me, CSI has become essential to my professional growth, but also in connecting with people to work on a level I hadn’t imagined was out there. It’s created possibilities."

Paul Dore, CSI Member

Our track record

CSI celebrated its tenth anniversary in May. We’re a coworking space, community and launchpad for people who are changing the world. We now serve over 1,700 members over three locations in Toronto and one in New York City. CSI Annex (720 Bathurst) is the only location that we own, and it has proven itself to be instrumental to our ability to provide affordable spaces for the social mission sector to work, collaborate and build a better world. As an organization, being a property owner also insulates us from rent increases and protects our bottom line.

In 2010, we bought and renovated CSI Annex for $6.8M, with $2M coming from the sale of Community Bonds. Our investors have earned an annual return on their investments and the building is now valued at $10.25M, is home to 195 organizations (including nonprofits, for-profits and charities), hosts hundreds of events every year, and started to generate revenues in excess of costs by 2013.

We rent shared desks, private desks and private offices, as well as meeting rooms and event spaces. Private offices at CSI Annex have always been at 100% capacity and several organizations have needed larger offices than we can currently offer. Also, meeting and event spaces have been one of the most important sources of revenue for CSI. This new building would enable us to offer both larger offices and larger meeting rooms and events spaces.

We can do this together

CSI was created to bring down the silos and increase connection and collaboration between those working to make the world a better place. The model has been an incredible success and we are recognized globally as pioneers of the social innovation movement. Toronto's social mission sector needs a home to collaborate and co-create. Your investment would go a long way in ensuring that the social mission sector in Toronto flourishes, all while earning you a competitive return. Invest your money for your own financial future while putting it to work for people and the planet.

About Us

The Centre for Social Innovation is a social enterprise with a mission to catalyze social innovation in Toronto and around the world. We believe that society is facing unprecedented economic, environmental, social and cultural challenges. We also believe that new innovations are the key to turning these challenges into opportunities to improve our communities and our planet. We're a coworking space, community and launchpad for people who are changing the world, with three locations in Toronto (now four!) and a location in New York City. We provide our members with the tools they need to accelerate their success and amplify their impact. Together, we’re building a movement of nonprofits, for-profits, entrepreneurs, artists and activists working across sectors to create a better world.

Disclaimer: This webpage and website does not constitute investment advice. This investment may or may not be suitable for you. Please consult the investor package and your financial advisor before making an investment decision. All investments carry risk and you may lose your investment. Past performance is not predictive of future success.