Top Five Condo Investments – Spring 2016
Want to know where we look to find excellent value? Today we have chosen our top five condo investments we believe provide the best value to investors. The developments on our list will satisfy even the strictest investor who is seeking higher return on investment and low risk. We have access to VIP incentives for our clients including rental guarantees, exclusive offers and insider pricing. Perhaps the greatest benefit is the rental guarantee, as it generates cash flow while your property appreciates in value. This means the developer is responsible for finding tenants and the cash from rents is passed on to you as the owner.
Each building offers excellence across all metrics. Developer reputation, design quality, materials used, workmanship and ongoing service is how we evaluate Real Estate. There are very few buildings that answer all of our criteria, the ones in this article do. Take a good look at the options below and get back to us with any questions.
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Empire Midtown Condos is a new residential development by Empire Communities, known for 33 Avenue. It is currently in pre-construction at 1603 Eglinton Ave West. A special incentive we have for our clients is a 4 Year Rental Guarantee for investing in this new project. For a 600 sq ft unit at $3/sq ft for 4 years, this could net you $86,400. Contact us for a complete investment breakdown.
Minto Westside Condos is a new residential development at Front and Bathurst. Our clients can now buy into a special investor program and participate in a Two Year Rental Guarantee. This project is expected to sell out well before its completion date in 2018.
88 Queen Condos is the first phase of a multi-building project by St Thomas Developments, known for the luxurious 1 St Thomas Residences. The structures design is by Page + Steele/IBI Group Architects, (Pears on the Avenue and Museum House). This is one of our favourite new developments and it will sell out well before its completion in 2018. Prices start from $317k for a 1 bedroom unit.
Form Condos is a new residential development by Tridel, known for 101 Erskine. It is designed by architectsAlliance with interiors done by firm U31. The development is currently in pre-construction is scheduled for completion in 2019. With OCAD just steps away, we believe this is an ideal building for investors to lease out their units. Leasing out the one bedroom units to students will generate a monthly rent of $1,400-$2,000.
488 University Ave is a luxury residence by Amexon Developments. It is designed by Core Architects, known for Fashion House Condos and 75 Portland. 488 University is currently under construction and is expected to be completed by 2018. It is located at the North West corner of Dundas and University Ave, which is considered to be Toronto’s most iconic street. This elegant address is close to many cultural landmarks including Queens Park, Shangri-La and The Four Seasons Performing Arts Centre.