Issue: #53
Nov10/2014

 
                                             
RE/MAX CONDO PLUS
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Toronto Real Estate 
  Monday Wake Up   


Want to make $50,000?

 

 

Buy at Minto Westside.


 New Condos Going Up At Bathurst and Front. 


 One Bedroom Pricing in the $260,000 to $285,000 range


 The last two comparable sales at 75 Portland which had:


 

  No Amenities

 

Dark Court Yard Views


 

 A Unit on the 3rd floor sold for $315,000 in 12 days in August 2014.


 A unit on the 4th floor sold for $331,000 (over asking) in 3 days in July 2014. 

 


 

These units will rent out for $1,600 per month on the current market.


 Here is what you would need for deposits on a $270,000 1 bedroom purchase

 


 
$5,000 on signing


 
$8,500 in 30 days (December 2014)


 
$13,500 in 6 months (May 2015)


 
$13,500 in 366 days (November 2015)


 
$13,500 in 722 days (November 2016)

 

 

So if you can come up with these deposits you can purchase an asset that is $50,000 under today's market value.

 

If you have equity built up in your house you can use a home line equity loan to purchase. You are using OPM - Other People Money to earn your return. That is how you build generational wealth.

 

As A reminder

Here is Our Video

Using Equity in Your Home To Grow Your Real Estate Portfolio

Investing In Real Estate - Using Equity In Your Home To Grow Your Portfolio
Investing In Real Estate - Using Equity In Your Home To Grow Your Portfolio


Featured Listing:

 Yonge and Eglinton At Only $500 A Sq. Ft.

738 Sq. Ft. One Plus Den with Parking and Locker - $369,900

Alexjwilson.com Presents: 212 Eglington East - Toronto Condos
Alexjwilson.com Presents: 212 Eglington East - Toronto Condos

 Large one plus den located steps from Yonge and Eglinton. At 738. Sq. Ft., It is $500 A Sq. Ft., Which is some of the best value in area. Large Kitchen space for a small table. The den could be used as an office or converted into a second bedroom. The master suite has a walk-in closet perfect for storing all the clothes you can buy while shopping on Yonge Street. New Loblaws Grocery store opening across the street. Steps to Subway and on the Eglinton LRT line. 

 

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

Homegrown Patriotism

 

Given the tragedy in Ottawa I think we're all feeling especially patriotic this Remembrance Day.  As a second generation Air Force brat, November 11th has always held a special place in my heart.  This year is certainly no exception as the importance of safety and freedom hit closer to home. 

 

I've always had an appreciation for where products come from and how they're made.  Buying Canadian and supporting local craftsman is a wonderful way to show our appreciation for those that protect "the true North strong and free!"

 

Some of my favourite stores in Toronto happen to provide a lot of Canadian made products.  Here are a few you may want to check out the next time you're looking for items to rejuvenate patriotism in your home:

 

Pavilion Modern - www.pavilionmodern.com

This store is a long time favourite of mine.  I discovered it years ago when I purchased my own sectional - a low format model that also happens to pull out - a rarity in and of itself.  All of these features factored into my decision making process but knowing it was custom made in Quebec made a huge difference as well. 

 

Pavilion has changed locations a few times, now tucked away on Gladstone off Queen St. West, but its dedication to carrying a lot of Canadian made products has remained the same.  Many of their items are mid century modern and Scandinavian inspired.  With this style comes an innate level of craftsmanship and dedication to design.  They also carry locally made lighting, textiles, accessories and artwork if you're looking for smaller ways to inject patriotism into your home.

 

Lamp Cage - www.lampcage.com

Located in Cabbage Town, slightly off my usual beaten path when it comes to shopping for clients, the owner of lamp cage has been fabricating custom light fixtures for over 25 years.  His attention to detail is second to none.  Known for handcrafting unique fixtures in a variety of popular finishes that incorporate new, industrial elements with vintage finds; Lamp Cage is definitely worth a trip to Parliament Street.  Be sure to stop by his showroom the next time you're in the area or in the market for something unique, art-like and best of all, Canadian made.

 

 

EQ3 - www.eq3.com

Did you know EQ3 is headquartered in Winnipeg?  Neither did I until a recent Design Event during which I scolded them slightly for not making this better known.  I can't explain why it makes me want to purchase from them more - perhaps it's my inner patriotism coming through - but it certainly does.  Not only are many of their products manufactured in Canada, most are designed in Winnipeg, a town known for it's cold climate but also it's dedication to architecture and design.  If you once thought of EQ3 as a step up from IKEA, I recommend adding them back on your list of stores.  They've spent the last few years focused on quality craftsmanship and design.  This dedication alone makes them worth a second look. 

 

Style Garage - www.stylegarage.com

Another long time favourite, Style Garage is in the process of moving into a larger location on Ossignton.  Known predominantly for Gus Modern's mid century inspired classics, Style Garage has their own line of custom products that incorporate quintessentially Canadian themes and materials.  They too support local artists and craftsman when it comes to textiles, artwork and accessories.  If you're looking for something a bit unique and patriotic, Style Garage is an excellent place to start your search.  If you move quickly, before they do, you may even get it on sale. 

 

Urban Tree Salvage - www.urbantreesalvage.com

If you're in the market for custom, reclaimed wood anything, UTS in Scarborough is your one stop shop.  I recently partnered with them on a kitchen renovation project.  The design included a reclaimed wood countertop for a custom island as well as several reclaimed floating shelves.  If you can dream it, they will help you make it a reality using quality wood salvaged from large trees of every variety throughout GTA that for one reason or another had to come down.   Canadian, handmade and green, in terms or reusing and giving new life to beautiful old trees, Urban Tree Salvage is a fantastic partner for quality wood products while their customer service is also second to none.

 

I'm a firm believer that, "you get what you pay for!"  This isn't to say everything has to be high-end, but certain things do demand quality materials, better craftsmanship and a greater attention to detail. We all know how important staying competitive is in today's global economy, but there is a tradeoff for efficiency and mass production.  As most of the world strives to cut costs and sacrifice quality, I encourage you to show your patriotism by buying local and Canadian made.  

 

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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260 Queens Quay W #1504
1 Bedroom + Den, 1 washroom
For Sale $315,000

Description: 
Best Value In Downtown With Forever South Views Directly Of The Lake. At 790 Sq. Ft. This One Bedroom And Solarium Is Under $400 A Sq. Ft. New Buildings With This View Would Be Over $700 A Sq. Ft. Renovate Your Unit To Your Tastes. Streetcar Stop At Your Door Step Brings You Downtown. Queens Quay Beautification Will Be Complete Next Year Which Will Make Area A Pedestrian And Biker Paradise. Rental Parking Available In Building.

Extras: 
All Appliances, Window Coverings And Fixtures (Excluding Those Owned By Tenant). Amenities In Building Include Roof Top Garden, Hot Tub, Exercise And Party Rooms, Sauna, And 24 Hour Concierge.

Link for Listing Here.
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215 Sherway Gardens Rd #1208
1 Bedroom Plus Den, 1 Bathroom
For Lease $1,500

Description: 
One Sherway Condos New Building, One Bedroom Plus Den. Next Door To One Of Canada's Most Luxurious Malls, Sherway Gardens. Indoor Pool With Whirlpool, Gym, 24 Hr Concierge, Party Room With Kitchen, Theatre, His & Her Sauna + Change Rm, Steambath, Yoga/Aerobics Rm, Media Lounge, Sun Rm, Guest Rm, Treatment Rm
Fridge, Stove, Washer, Dryer, Dishwasher, Microwave, Window Coverings

Link for Listing Here.
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1 Bedroom, 1 Bathroom
For Lease $1,790 Monthly

Description:
Brand New Never Lived In 1 Bedroom Unit At The Landmark L-Tower Building At Front And Yonge. 9 Ft. Smooth Ceilings. Beautiful East View With Plenty Of Natural Light. Bedroom Includes A Window. Luxury Kitchen. When Complete Building Will Be Attached To The Path System And Union Station. St. Lawrence Market Is Around The Corner And When You Want To Eat Out There Are Plenty Of Restaurants At Your Door Step. Only Steps Away From The Financial Distinct.
AAA Clients Only - Includes All Appliances, Stacking Washer & Dryer. Hydro Is Extra. New Blinds Installed. Includes 1 Locker Space

Link for Listing Here.
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1 Bedroom + Den, 1 Bathroom
For Sale $369,900

Description: 

Large one plus den located steps from Yonge and Eglinton. At 738. Sq. Ft., It is $500 A Sq. Ft., Which is some of the best value in area. Large Kitchen space for a small table. The den could be used as an office or converted into a second bedroom. The master suite has a walk-in closet perfect for storing all the clothes you can buy while shopping on Yonge Street. New Loblaws Grocery store opening across the street. Steps to Subway and on the Eglinton LRT line.

Extras: 

Indoor pool, Fitness Room, Rec Room, Security System, Guest Suites & Visitor Parking, Upgrades, Stainless Steel Appliances, Granite Counter Tops, Mirrored Black Splash, W/C, Exclude Dining Room Elf, Parking and Locker included.


 

Link for Listing Here.

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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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3+1 Bedroom, 3 Washrooms
For Lease $10,000 Monthly Furnished, $7,500 Unfurnished

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