View
4
Download
0
Category
Preview:
Citation preview
MINTOFounded by 4 brothers, the Greenberg’s started building homes in 1955started building homes in 1955Celebrating 60 years in business in 2015
MINTOFlorida Ottawa
FLL YOWOttawa
Toronto YOW
YTZCalgary YYC
MINTOBuilt over 70,000 homes15 towers in the GTA15 towers in the GTA
MINTOPrince Arthur
MINTOMinto Midtown
MINTOMinto 775
MINTOMinto Longbranch
MINTOMinto Yorkville Park
MINTO
BILD 2013 Green Builder ofthe Year
TORONTO MARKET HIGH RISE SUMMARY16,500 units sold in 2014 to date a 53% increase over this time in 201353% increase over this time in 2013
TORONTO MARKET HIGH RISE SUMMARYWith 130 condo towers under construction,Toronto tops the charts of any NorthAmerican city
TORONTO MARKET HIGH RISE SUMMARY77 projects successfully launched in 2014 in TorontoToronto82% of all pre-construction units in active high rise projects were sold as of September 2014rise projects were sold as of September 2014
DEMOGRAPHICSPopulation Growth: Cit f T t 9% 9%City of Toronto = 9% 9%
Source: Census 2011
DEMOGRAPHICSPopulation GrowthMinto Westside Census Tract = 86% 86%Minto Westside Census Tract = 86% 86%
Source: Census 2011
DEMOGRAPHICS285,000 new permanent residents in 2015 –highest planned total in recent historyhighest planned total in recent history
Source: Citizen and Immigration Minister Chris Alexander
MINTO WESTSIDE CENSUS TRACT
NN
AGEMajority age of Population: 20 – 40 yrs
City of Toronto = 28%
Minto Westside Census Tract = 72%%
EMPLOYMENTHigh quality employment: Finance, Insurance,Medicine or Professional/Scientific ServicesMedicine or Professional/Scientific Services
City of Toronto = 30%City of Toronto 30%
Minto Westside Census Tract = 46%Minto Westside Census Tract = 46%
A GREAT INVESTMENTFuels demand for 1 and 2 bedroom units:
City of Toronto = 61%
Minto Westside Census Tract = 94%
RENTAL MARKET
1 Bed 2 Bed 3 Bed
$1,576 $1,835 $1,727City of Toronto $1,576
$1 932
$1,835
$3 059
$1,727
$4 129Minto Westside $1,932 $3,059 $4,129Census Tract
TORONTO MARKET HIGH RISE SUMMARY
Average price of condos sold MLS 5 7%on MLS:
2013 Q3 = $339,878 5.7%
2014 Q3 = $359,352
RESALE MARKET
1 Bed 2 Bed 3 Bed$290,000 $375,000
3 Bed$360,000City of Toronto
$400,000 $664,825 $806,167Minto WestsideCensus Tract
$315,472 $438,000 $564,740Minto Westside
DAYS ON MARKET/AVERAGE PRICE
Days on Market
34Cit f T t 34
24
City of TorontoMinto Westside
Census Tract
CASH FLOWDowntown Core New Condominium- Condo Project Near Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2
Avg. size of 1 Bedroom unit leased near Bathurst & Front (SF) 515
Avg. size of 1 Bedroom unit leased near Bathurst & Front (SF) 515
Project Posted $/SF (Avg. of High & Low, per Realnet) $641 Project Posted $/SF (Avg. of High & Low, per Price List) $605
38%
j $/ ( g g , p ) $ j $/ ( g g , p ) $Project Posted Maintenance Fee, Realnet ($/SF) $0.55 Project Posted Maintenance Fee, Price List ($/SF) $0.54Property Tax Rate (City of Toronto) 0.746% Property Tax Rate (City of Toronto) 0.746%
Average Posted Price ($/sf x 515 SF) $330,115 Average Posted Price ($/sf x 515 SF) $311,575Mortgage Value (Assumes 25% Down) $247,586 Mortgage Value (Assumes 25% Down) $233,681Interest (5 yr, closed, fixed, special rate - TD Canada Trust) 3.39% Interest (5 yr, closed, fixed, special rate - TD Canada Trust) 3.39%Amortization 25 Amortization 25Amortization 25 Amortization 25
Monthly Mortgage Payment $1,222 Monthly Mortgage Payment $1,153Monthly Property Tax $205 Monthly Property Tax $194Monthly Maint. Fee $283 Monthly Maint. Fee $278
Total Monthly Payment $1,710 Total Monthly Payment $1,625t i l t ( S d it t Sid C t) $ t i l t ( S d it t Sid C t) $Rent Equivalent (MLS Leased Units West Side Census Tract) $1,932 Rent Equivalent (MLS Leased Units West Side Census Tract) $1,932
Cash Flow $222 Cash Flow $307
Note: Excludes Property Insurance and utility costs Note: Excludes Property Insurance and utility costs
*Comparison is for illustrative purposes and does not guarantee cashflow. Prices and rates subject to change p f p p g f j gwithout notice. E.&O.E.
LIVE HERE.BE EVERYWHERE.
INTRODUCING MINTO WESTSIDE
NA
TOW
N CITY HALL NATHAN PHILIPS SQUARE
FINANCIAL DISTRICTQUEEN WEST
KING WEST
• MAP TO BE ANIMATED
CH
IN
FINANCIAL DISTRICT
UNION STATION
ENTERTAINMENT
DISTRICT ERY
GE
KING WEST
• MAP TO BE ANIMATEDUNION STATIONAIR CANADA CENTREROGERS
CENTRE
DISTRICT
N T
OW
E
LIB
ERTY
VIL
LAG
HARBOURFRONT
CNE
CNL V
GARDINER EXPRESSWAY
BILLY BISHOP
CNE LAKE ONTARIO
BILLY BISHOPTORONTO CITYAIRPORT
WALK / TRANSIT SCORE
Walk Score Transit Score
10096 100
NEIGHBOURHOOD
40,000 sq. ft. Community q yCentre being built steps
ith h l away with new schools and childcare
NEIGHBOURHOOD
THE AWARD WINNING TEAMArchitect: Wallman ArchitectsI t i D i B difil kInterior Design: BurdifilekLandscape Architect: Ferris + Associatesp
PROJECT STATS
Projected Occupancy: Jan 2018 j p yStoreys: 18 in East Tower, 20 in West Tower S it 660 S itSuites: 660 SuitesRetail: 30,000 sq. ft. on the ground floor, q g
PROJECT STATS
Suites Sizes: 330 – 1,024 square feet Suite Range: Studios to three-bedroomsuites suites Parking: available for all suitesStarting Suite Price: starting at $189,990
ARCHITECTURE
InspiredPlayfully DesignedNatural LightNatural LightLarge Windows
RETAIL AMENITIES
30,000 sq. ft. Retail
LOBBY24 Hour Concierge
THE WESTSIDE CLUB - 2ND FLOORThe Westside ClubThe W CourtyardThe YTZ Lounge
12 The YTZ Lounge
Movement Haus Fitness & Wellness CentreThe W2 Courtyard
23
4 yand BBQs
THE W COURTYARD
YTZ LOUNGE
W2 COURTYARD & BBQS
MOVEMENT HAUS GYM
THE PLUNGE SOCIAL-9TH FLOORThe Plunge SocialPlunge Bar & Lounge
1LoungePlunge PoolReflecting PoolPoolside Lounge &
2 3
434 1
4
3
Poolside Lounge & Dining Skyline Lounge
4
52 5
THE PLUNGE SOCIAL
PLUNGE POOL, BAR & LOUNGE
EASTWEST
CITYVIEW COLLECTION
EASTTOWER
WESTTOWER
CITYVIEW COLLECTION
SUITE HIGHLIGHTS
SUITE HIGHLIGHTS
Best designed suites in TorontoSpacio s open concept s itesSpacious open concept suitesDesigner finishes including Caesarstone counters, Caesarstone counters, engineered laminate flooring Oversized glazing provides
l li ht t b dample light to bedroomsStunning suite balconies
SUITES
3 unique kitchen layouts3 unique kitchen layoutsWall integrated cabinetry
STUDIO – ENTRY LEVEL
Smart design for compact suitescompact suites330 sq. ft.Starting price $189 990$189,990
2 BEDROOMSIncredible 2 Beds + 2 Baths2 Beds + 2 Baths632 sq. ft.qStarting price $379 990$379,990
SOUTH/EAST VIEW FROM 20TH FLOOR
20th Floor shot – fort yorkSOUTH/WEST VIEW FROM 20TH FLOORy
GREEN AT MINTO WESTSIDE
LEED Certified CandidateENERGY STAR® appliancesENERGY STAR appliancesWater efficient fixturesGreen roofRain water harvestingHRV unit for fresh airIndividual suite meteringIndividual suite meteringCar chargersBike storage
PRICING
King West neighbourhood with g gaffordable city pricingSt ti f $189 990Starting from $189,990
COMPETITIVE DEPOSIT STRUCTUREOn signing $500030 Days Balance to 5% of purchase price (mortgage pre-approval required in 10 day)180 Days 5% of purchase price366 Days 5% of purchase price722 Days 5% of purchase priceOccupancy 1% of purchase priceTotal 21%
ONLY 10% in the first yearONLY 10% in the first year
COMMISSION – 4%
Tiered commission for agents:4% for first 4 sales4.5% for sales 5 – 205% f l 21 d 5% for sales 21 and up
BROKER PORTALToday you will receiveexclusive access to theexclusive access to theMinto Westside
k lVIP Broker Portalmintowestsidebroker.comPass: MintoWSBroker
EXCLUSIVE BROKER SALES EVENTSALES EVENT
Saturday, November 22nd –10am Witness the unveiling of our brand new 4,000 sq. ft. Sales CentreFirst Come, First Served
INCENTIVE FOR AGENTSFirst 50 Agents and their Clients to
purchase will both receive apurchase will both receive a$500 Porter Voucher $500 Porter Voucher
Sources: Statistics Canada, City of Toronto, RealNet, MLS, TREB, BuzzBuzzHomes
Recommended