Prime Condos: Don’t Miss Out
When I buy pre-construction condos as investment properties for my clients and myself, I’m aiming for properties that will make $150 – 400k in profit over about 4 years.
My simple formula for determining the best investments comes down to: Location, Builder, Building, and Deal — and Prime Condos passes all of those criteria.
LOCATION, Location, Location:
Heart of Downtown, across the street from Ryerson University, edge of the Finanical District, close to University of Toronto, Dundas Subway, YongeDundas Square, Eaton Center.
BUILDER:
CenterCourt is one of Toronto’s fast-growing developers, known for making investor’s lives easy and delivering great projects without delays.
BUILDING:
Luxurious building, with a lobby furnished by Versace. Features a 5,000 sq ft co-working space inspired by WeWork, and a 5,000 sq ft fitness facility.
DEAL:
The VIP launch in coming in November, and we’re expecting prices well below the market value. And we’ll even throw in a Rental Guarantee Certificate to guarantee the minimum amount of rent you’ll get for the first year.
