Issue: #50
Oct 20/2014

 
                                             
RE/MAX CONDO PLUS
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Toronto Real Estate 
  Monday Wake Up   


Alexjwilson.com Investment Seminar Recap


Thank you to all of our guests who attended the Investment Seminar on Sunday, Oct 19th. This month's Investment Seminar proved to be our most successful to date with a great mix of old and new friends. 

  

 

The two hour seminar included investing in condos, multi-family (duplexes, Triplexes), mutli-residential (apartment buildings). We showed how to can build a 5 Million Dollar Real Estate portfolio in 10 years. Not to mention we also discussed about the bubble myth. The seminar was held at the beautiful sales center at 630 Queen St E, Riverside Square by Streetcar Development.

 

 

The event began with a welcome message by Alex and an introduction to the team. Alex talked about the importance and potential of investing units that would bring positive cash flow. 

 

Jas Grewel ,Dominion Lending Centres, provided highlights of the process of refinancing. 

   

 

The long time investor, Tyler Pearson shared key new functionality in analyzing economic and market trends. 



 
Wrapping up the session with sandwiches and mingling guaranteed our guests' questions are answered.

 For more pictures please go to our Facebook Group Album



Investors' Corner 

Other People's Money

other peoples money danny devito beggining speach
Other peoples money Danny Devito beggining speach

Team Alexjwilson.com believes in unlocking the equity in your home to help you invest in Real Estate. This allows you to use the bank's money which is OPM "Other People's Money" to earn a return in real estate. Listen to Danny Devito and his thoughts on OPM. 

 

 

Interesting Reads
Here are some interesting reads of the week: (Click on title Link)
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Around the World

Designer's Corner - With Sarah Broderick

 

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Announcing a new feature in the Monday Wake Up - Designer's Corner by Sarah Broderick

 

 

 

 

Putting the Positive into + Den

 

The word plus holds a lot of weight in today's condo market.  As prices continue to rise, the average size of units has decreased almost 8% over the past decade, and the first place for developers to shave extra square footage is often in the den.  Since square footage comes at such a premium it's important to take full advantage of all the additional space we have.  That said, I can't tell you the number of times I've visited condos only to find their den has become a second storage unit or a neglected, rarely used area of their home.  In my experience something about this space - be it its size, location or configuration - tends to intimidate condo owners to the point very few use their den or achieve its full potential.

 

Here are a few tips on how to maximize your den and your investment in additional square footage:

 

Medium to Large Den

 

Depending on the vintage of your building most larger dens include pocket doors, some sort of partition or walls.  Given the potential for some privacy, most people use this area as a guest bedroom, which, if lucky, sees occupancy once or twice a year.  Instead of squeezing a single or double bed into this already small space, I encourage you to think dual purpose and multifunction when it comes to your den.  Ask yourself what you're lacking most in terms of functionality.  It could be an office, a second bedroom, a quiet place to read or watch TV and it may be more storage.  Regardless of the best use based on your unique requirements it's important to invest in furniture that defines this space and meets your expectation at least 90% of the time. 

 

If you need a second bedroom, invest in a comfortable couch (ideally not a futon) that pulls out.  If it's storage, convert this area into more closet space by adding built-ins that have esthetically pleasing doors to hide their compartments and contents.  If you work from home, make this space yours by creating a room that reflects who you are - a room that you look forward to sitting in and working from all day.  If it's all three, convertible furniture has come a long way over the past decade as people move into smaller spaces and need multi function solutions.   One company in particular offers impressive convertible furniture because of its function but also because it doesn't look convertible.  It can be a bookcase and desk one minute or a murphy bed with additional storage the next.  The important thing is no matter what you're using this furniture for it looks complete, well designed and as though it could be permanent. 

 

A good designer can guide you through the pros and cons and also suggest the best vendors when it comes to multifunction pieces that are well designed and built right.  If you're truly looking to get your moneys worth by converting your room often, it's important to invest in pieces that look great but also have strong hinges and are made from solid material that can stand the test of time.  Although not inexpensive, nothing is more expensive than the investment you made in acquiring a plus den that's rarely used, let alone used well.    

 

Small Den or Alcove

 

Smaller dens are even more intimidating and a bigger challenge to most homeowners due to their limited footprint and lack of privacy.   These days a wider hallway or larger entrance can qualify as a den, so it's important to determine the areas function, based on your unique needs, and define the space well using furniture, colour, area rugs, accessories and other finishes. 

 

The smaller the space, the more open and simple your furniture should be in terms of design.  If you need an office, choose a desk with drawers or compartments that can quickly hide papers and office supplies that inevitably pile up.  One desk I recently came across had two drawers while the entire top flipped opened for additional storage of tablets, laptops etc.  Be sure to hide all electronics, cords and add a table lamp instead of your usual desk light so this area can double as a credenza or console with the simple addition of a few accents and accessories. 

 

If storage is a necessity, balance bulky pieces with more open and airy details.  If you lack a storage unit altogether or feel there's no such thing as too much storage, use this area purposefully and leverage its height.  Hang bikes on the wall or from the ceiling.  Add a full height, custom storage unit or closet for seasonal clothing, sports equipment, books, supplies etc.  Custom built ins are an excellent way to design a unit based on your exact needs and take full advantage of the space from floor to ceiling, wall to wall.  If done well, they also add value once it comes time for resale. 

 

Depending on where it's located and what it's near, try to see your den as a natural extension to its closest functional room be it for pots and pans, a pantry, a breakfast nook, cleaning supplies, a play area or a nice quiet space to curl up and read.   The important thing to remember with small areas is that everything can be concealed and kept in its place.  The less clutter and the faster you can contain said clutter, the more you'll not only use but be be proud of your small den space.

 

Lighting

 

Since most dens tend to be located in the front half of a floor plan, they often lack access to windows and natural light.  An effective den therefore requires well-designed lighting as much, if not more, than other areas of your home.  This includes layering all three types of artificial light to ensure sufficient ambient, task and accent lighting are present in the space.  Proper lighting can make the smallest of areas seem larger and more inviting.  Done well, I've even seen dens converted into a more formal dinning area but this is entirely dependent on good lighting to avoid feeling as though you're eating in a cave.  A good designer can help you achieve the look, function and feel you want whenever you enter this multifunction area of your home no matter what you're using it for, any given day of the week. 

 

Owning a den comes with a considerable amount of clout.  Be sure the next time someone asks you about the size of your condo you can say "plus den" with pride not only because of its implied extra square footage but also its extra livable space. 

 

Feel free to send in questions or images to sarah@highstreetdesign.ca

 

Events
Upcoming Events
This section will focus on upcoming events being hosted and sponsored by Alexjwilson.com.

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Happy Hour Monthly Social
The Thirsty Thursday
  
Date: Nov 20, 2014

 

Time:

 6-8pm 

 

Location: 

Bar Wellington, 520 Wellington St W. 

 

It seems the older we get the busier we get - therefore Alexjwilson.com wanted to dedicate 1 night a month that people can circle in their calendars and make it a priority to come. Alexjwilson.com is all about community so come out and re-connect with old friends - make some new ones - and share what is new in our lives.  

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New  Development

Our Top 2 Investment Projects for the FALL - Alexjwilson.com Has Insider Access For Them ALL

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Queen St

 

Minto Westside at Bathurst and Front (King West):

 

We are very excited for this project. With the trusted name of Minto development, the site and the 57,000 sq. ft. of amenity space planned, it will be the new jewel of King West. With roof top pools, luxury fitness facilities, and much more, Minto is looking to replicate its success of Minto Quantum at Yonge and Eglinton by redefininh the standard of a neighborhood. The demographics of King West are 35 years old and a house hold income of $100,000.00.This will be the building they will pay the premium rents for to call home. An added bonus - You can either walk or take the street car to Billy Bishop airport. In what city can you do that? Email us at contact@alexjwilson.com to get on the list.

 

Streetcar Riverside Square (Riverside/Leslieville):

 

This project is my value buy that has the highest upside for appreciation. Streetcar Developments has recently purchased the Broadview Hotel (Jilly's) and the 4 acre development site purchased across the street. They are not just building a condo tower, they are transforming a neighbourhood. This area is currently underserviced for rental inventory and continues to increase in popularity - people will need places to live. With access to the Queen East Street Car, Lake Ontario, Ashbridges Bay only a quick bike ride away, the Don Valley Trail System, the DVP, and all the new shops, lounge and restaurants on Queen, this area can only go UP. Lastly - Streetcar prices their new projects under current market value. You will have built-in profit from day one. Email us at contact@alexjwilson.com to get on the list. 

 

Alex Wilson's Listing
Alex Wilson's Listings
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126 Simcoe St, Unit 612
1 Bedroom , 1 Bathroom
For Sale $328,900

Description: 'Boutique Phase 2' A Luxury Condo Building In The Heard Of Downtown Core. Steps To Osgood Subway, Financial District, King West. Excellent One Bedroom Layout, Floor-To-Ceiling, Wall-To-Wall Windows, Sunny & Bright South Facing. Stainless Steel Kitchen Appliances, Granite Counter Top, High Standard Roller Window Blinds. Exercise Room, Guest Suits, Party Room, Rooftop Deck, 24 Hrs Concierge And More. Perfect For 1st Time Home Buyer Or Investors.

Extras: Stainless Steel Fridge, Stove, Dishwasher, Microwave, Stacked Washer & Dryer. All Existing Light Fixtures. Professionally Installed Roller Solar Blinds. 1 Storage Locker Included.

Link for the Listing Here.
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1+1 Bedroom, 1 Washroom
For Sale $399,900

Unit Details:

Suite: 2505

Stockholm Model
1 Bedroom and Study
534 Sq. Ft.
Unobstructed West Exposure With Balcony.


Occupancy Oct 2014

Building Features:

  • Ice Spa include a dry sauna and steam room
  • Cold water dip pool, swimming pool, hot tub
  • Relaxing lounge, fitness centre, aerobics room and more
  • 24 Hr Conceirge
  • Outdoor Terrace with BBQ
  • Ice will be a candidate for LEED certification and will use environmentally sensitive energy sources.
Link for the Listing Here.
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3865 Lake Shore Blvd, Unit 1001
1 +1 Bedroom, 2 Washrooms
For Sale $329,000

Description:

Amazing South View Of Lake Ontario And Marie Curtis Park, Both Only Steps From Your Door. Your Cottage In The City. 9 Ft, And Floor To Ceiling Windows, This Unit Is Flooded With Natural Light. Sitting At 814 Sq Ft, This 1+1 Has 2 Full Washrooms. Quiet Building, Ideal For Down Sizers. For The Professional Working Downtown, It Is Steps To The Long Branch Go Station. Parking Is Included


 

Extras:

Five New Stainless Steel Appliances, Granite Counters, Customized Walk-In Closets. Building Has A Fitness Centre, Roof Top Terrace With Bbqs And Hot Tub, Visitor Parking, 24 Hr Concierge Service, Buses To Subway At The Door.


 

Link for the Listing Here.

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3+1 Bedroom, 3 Washrooms
For Lease $10,000 Monthly 

Description:

Rare 3 Bedroom 3100 Sq. Ft Fully Furnished Penthouse Condo Available To Rent In Toronto. Ideal For Sports Figure, Corporate Executive, Or Movie Industry That Requires Space For Their Family. With 4 Terraces, Over 810 Square Feet Of Outdoor Living Space, The Sprawling, Sun Drenched Residence Is Located On The 27th Floor; With North, East, West And South Views Of Lake Ontario. Atop One Of Toronto's Premier Waterfront. This Is A Turn Key Solution.

  

Extras:

2 Parking Spots And Locker Room With Unit. Walking Distance To Billy Bishop Airport Which Can Easily Take You To New York Or Chicago - Avoid The Lines Of Pearson. Be In The Porter Lounge In 15 Minutes From Leaving Your Unit. Roof Top Pool.

  

Link for the Listing Here.

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Sincerely,
  

Alexander J. Wilson B.A.
Team Lead: Alexjwilson.com
 

#1 Agent At RE/MAX Condos Plus 2013

 

Alexjwilson.com
TOP 1% Condo Sales in Toronto 2009-2013 
Platinum Club 2010-2013
RE/MAX Hall of Fame


45 Harbour Square
Toronto, Ontario, Canada
M5J 2G4

 

Sales Representative
RE/MAX Condos Plus Corp. Brokerage
Office: (647) 352-5181
Mobile: (416) 996-5181
contact@alexjwilson.com
www.alexjwilson.com