Investor Presentaiton
2 SmartStop's Opportunity in Canada
SmartStop
Self Storage
...The Smarter Way to Store!
Self storage is a relatively new and bourgeoning product in Canada with utilization expected to increase going forward
Canadian Market Leader
Future Canadian Growth
93.5%
Avg. Same-Store Occupancy
in 3Q'23
$21.05/CAD$28.58
Same-Store RentPOF (1) in
3Q'23
Fifth Largest Owner
in Canada
Dedicated Canadian
Website: Smartstop.ca
Supply Ratio
British
Columbia
Saskatchewan
Alberta
Manitoba
Edmonton
2.3x
2.1x
2.3x
Calgary
Vancouver
Supply Per Capita Ratio(2)
U.S. National
Top 25 U.S. MSA
Avg.
Selected Canadian
CMAs
Newfoundland
and Labrador
Ontario
Québec
Ottawa
1.6x
2.2x
Prince
Montreal
6.1x
Edward
Island
Toronto 3.0x
New Brunswick
Nova Scotia
5.8x
2.3x
Burlington, ONT
Oakville, ONT
Note: As of 9/30/23. (1). RentPOF defined as annualized rental revenue net of discounts & concessions, excluding late fees, administrative fees and parking income, divided by occupied square feet of storage. (2) Major Canadian city supply ratios per Colliers May
2021 Report. U.S. National and Top 25 U.S. MSA supply ratios provided in the 2023 Self Storage Almanac.
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