Issue: #51
Oct 27/2014

 
                                             
RE/MAX CONDO PLUS
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Toronto Real Estate 
  Monday Wake Up   


Minto Westside Is Coming

 

Minto Communities is developing the corner of Bathurst and Front. This project has been on the Alexjwilson.com radar since January. This is our project of the FALL and we believe VERY strongly that this project is a winner. Below we tell you why:

 

Some of the key draws to this project are:

 

-          Potential Whole Foods on Main Level.

-          Walking/transit to Bill Bishop Airport.

-          Walking distance to financial district and subway.

-          57,000 sq. ft. of amenity space including a state of the art fitness facility.

-          Roof top pool.

-          The Restaurants and Lounges of King West.

 

Email: contact@alexjwilson.com now to make sure you get a unit on November 5th.

 

Demographics - King West (Bathurst to Spadina and Adelaide to Front)

 

King West Area - total population 2721

Total Number of Households 1739

Median Age 34.87 Years Old

Average Household Income $98,350

 

 

The numbers just make sense:

 

Case Study - 1 Bedroom and Den 550 Sq. ft.

 

(note the numbers are estimates)

 

Price: $343,750

Downpayment: $68,750 (20%)

Additional Closing Costs: $15,000

Monthly Mortgage Payment: $1,086

Monthly Property Tax: $243

Monthly Fees: $302

Total Monthly Payment : $1,632

Rental Income: $1,900

 

*Positive Cashflow Per Month: $267.43

 

*Average Principal Payback Year 1: $520

 

*Cashflow Plus Principal Payback: $787.02 per month

 

*Total Return of 11.3% on $83,750 per year

 

 

Minto Westside - Get to Know the Neighbourhood.
Minto Westside - Get To Know The Neighbourhood
Minto Westside - Get To Know The Neighbourhood

 

King West is a vibrant area. From Spadina to Bathurst you have some of the best restaurants in the city include - Lee, Buca, Blowfish, Jacobs, and much more. The second coolest neighbourhood West Queen West according to Vogue Magazine is only steps away. 

 




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

Alexjwilson.com 

Around the World

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Canada's Wonderland is not just for kids.

Alejwilson.com and friends enjoyed a day at Canada's wonderland.

 

He was also able to knock 'The Bat' off of his bucket list. The last time he went was in grade 8 and 'The Bat' was the premiere ride. 


 

This weekend Alexjwilson.com took a short drive to Kitchener for KW Habilitation Achievability event. KW Habilitation was incorporated in 1970 and provides a wide variety of supports to approximately 1000 people with developmental disabilities and their families in the Kitchener-Waterloo area. This includes Early Learning, Child Care and Family Resources, Residential, Respite,  

as well as Community Participation and Employment Supports. Check out their website for more information.

 

 

 

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

 

 

 

Design Element 101 - Colour

 

Interior design is a highly subjective and extremely visual form of art.  Most people I work with have a hard time visualizing their completed space or communicating what they like or dislike about a design.  Our reactions tend to be guttural and emotional so we either like it or hate it, and we may or may not know why.

 

As an appreciator of almost every design period and style, I love interpreting my clients personalities, their likes and dislikes to then reinterpret them into a space that's all their own.   Since communicating something so visual is challenging to most, I pride myself on interpreting my clients' visual and nonvisual cues to ensure the end result is a success.  We often joke as designers that we are equally therapists and mind readers but how a client feels in a space is more important than how it looks and how it functions is crucial to how they feel. 

 

Colour has a huge impact on how someone feels about his or her home.  Basic colour theory tells us that primary colours or hues (red, green & blue) combine to make secondary colours (yellow, purple & orange).  Adding white creates a new tint or lighter variation of a colour, adding black creates a new shade or darker variation, while adding grey creates a new tone. 

 

To further emphasize its importance, each colour evokes a unique emotional and physical response in people.  Although not always consistent based on cultural or personal preferences, this explains why spas tend to use lighter more subdued and calming colours while higher energy environments use more intense and brighter hues.  Restaurants tend to use a lot of red in their d�cor because it encourages appetite while blue has the opposite affect.  Try eating food on a blue plate and see how hungry you are.  Not only does food look better against almost any other colour, blue calms us as well as our appetites.

 

Whenever I start working with new clients I always meet them in their home to get an immediate feel on their style preferences but also their tendencies towards or away from colour.  I've found over the years that people tend to fall into one of two camps.  Some embrace colour and aspire to have it in their d�cor, whether it currently is or not, while others shy away from anything too bold. 

 

As I've mentioned before looking at your wardrobe - be it what you're currently wearing or ideally your entire closet - is a great way to get a sense of your feelings towards colour.  To most purchasing colourful clothing is less of a commitment, so people who like colour tend to take risks with it in their wardrobes.  Whether or not you are risky or risk adverse also has an impact but if you're unsure look around you to determine you're thoughts on colour.  Location and climate also have an affect.  Anyone who's visited Newfoundland can appreciate the need for colourful homes given their all too often grey surroundings. 

 

As with most things there are exceptions to every rule and some people who tend towards wearing all one colour, often black, for simplicity still prefer being surrounded by colour elsewhere.  When in doubt I suggest using cost as a deciding factor.  Anything 10% or less of the total budget can, and in many cases should, be bolder and more colourful, while anything more than 10% remains more subdued, classic and timeless to make the most of your investment.    

 

Although visual cues are arguably more important, I also ask my clients a lot of questions - the simplest of which is whether they have or had a favourite colour.  This helps me understand their tendency towards warmer (red, orange or yellow) versus cooler (blue, green or purple) hues.  By asking their least favourite colour I get to know certain boundaries I may or may not push ever so slightly depending on the evolution of the design.  When a client says black, white or grey (theoretically non colours) I know I need to play with texture and contrast in a space to ensure it's visually interesting and not overly predictable or monochromatic. 

 

Choosing the right paint colour, although an inexpensive thing to change, is something most of my clients struggle with.  As a result I end up doing a lot of colour consultations, which I love.  Thanks to so many different shades, tints and tones, the slightest variation in colour when combined with variations in natural and artificial light can make or break its success in your home.  To minimize headaches, I recommend leveraging the expertise of a designer who can take the risk and worry out of choosing a colour while also preventing additional cost. 

 

Since colour has such a strong impact on how we feel in a space, choosing the wrong colour may haunt and annoy you to no end, while choosing the right colour brings you one step closer to achieving the intended look and feel of your home.  


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