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Project News
Early 2009
2270 Speakman Drive placed for sale with an asking price of $6.5M
03-30-2010
MAC negotiated building cost and agreed to a cash purchase of $2.225M |
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By the blessing of Allah SWT and the generous support of our community, OGS has enjoyed solid growth in recent years. Our school is at a key point in its history. InshaAllah, within the next few weeks, we will take a major step to seize the opportunity to unlock our full potential for the greater benefit of our students and the Muslim community as a whole.
By Allah SWT's blessings and guidance, we are excited to announce that MAC has set an offer to purchase 2270 Speakman Drive. |
Location
2270 is located adjacent to the Olive Grove School property. With a connecting parking lot, 2270 will increase the OGS campus by 6 acres.
This property will allow the MAC to provide one of the leading and largest Education institutions in Canada. |
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Property Specifications
- Building size: 40,000 s.f.
- Land size: 6 Acres
- Listed selling price: $6.5M
- Seller accepted our conditional offer on March 30th, 2010 for $2.225M
- Finances must be secured by May 10th, 2010 Closing date - June 28th, 2010
Office Area
13 Private offices
2 conference rooms
Lunch room
Climate controlled storage rooms
Various storage room
Server room
Office furniture
Phone System
Laboratories
8 labs
New benches, floors, and fume heads |
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This project will potentially give you access to the following enhanced educational services:
- Academic - Expansion for existing OGS services
- Islamic Studies - Emphasis on character building and Islamic morals and education
- Quranic education (Hifz and Tafseer)
- Islamic education courses (Fiqh, Prophetic tradition, Sharia, Dawaa)
- Arabic Language education facilities and resource
- Adult Learning - Focusing on women, seniors, new comers, and under serviced segments in the Muslim community: ESL, Literacy, Computers, Sewing, Cooking, Décor & Design, Safety and other different family building courses
- Special needs learning services
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Donate
With the help of Allah SWT first and foremost, then your generous support By May 10th, 2010, the total amount of $2,225,000 must be paid
The plan to raise the needed fund:
- Donations collection: ($500,000)
- Interest-Free Loans collection: ($1, 000,000)
- Sharia compliant financing: ($1,300,000)
We are projecting to pay off the capital cost of the property in 5 years
How can you make this vision a reality?
1. Donations, Sadaqa and Zakat:
- Platinum donor - $25,000 and above
- Gold donor - $10,000
- Silver donor - $5,000
2. Lend us a Qard-Hasan (Interest-Free Loan)
3. Invite family and friends to do the same
All donations are tax deductible and Zakat eligible | |
