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The Investor Suites of CASA III

The Investor Suites of CASA III

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The Investor Suites of CASA III. Toronto: The City that won’t stop Growing. This city is home to 2.5 million people, and is planning for another half-million residents by 2031 The first results of the 2011 census show the downtown Toronto has seen explosive growth. - PowerPoint PPT Presentation

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Page 1: The Investor Suites of CASA III

The Investor Suites of CASA III

Page 2: The Investor Suites of CASA III

Toronto: The City that won’t stop Growing

This city is home to 2.5 million people, and is planning for another half-million residents by 2031

The first results of the 2011 census show the downtown Toronto has seen explosive growth.

The census echoes what everyone’s been saying:

Toronto has gone vertical.

Page 3: The Investor Suites of CASA III

Condo Rentals Toronto Q3 2013Due to ever increasing population growth it is said that "almost 0ne-third of GTA households rent the home in which they live."

Page 4: The Investor Suites of CASA III

Toronto’s red-hot condo rental market is showing no signs of cooling down

A total of 6,541 condominium apartments were leased in Q3-2013 on the MLS system, up by 25% in comparison to the third quarter of 2012.

Strong competition between renters for available units has prompted continued upward pressure in average rents, and bidding wars on prime rental units in Toronto are common place

People looking to rent new units in prime downtown locations have increasingly turned to investor-held rental condominium apartments.

Page 5: The Investor Suites of CASA III

Over the past two years, rents have risen by more than 10%, equal to an additional $170 per month or 23 cents per square foot on average.

Demand for renting condos has heated up with less first-time buyers. demand remains so fierce for condo leasing that rents continue to escalate.

Investors are increasingly choosing to hold their units rather than flip them for sale.

Press Release: 2013 by Urbanation Canada’s leading condominium market research company.

Demand for Prime Downtown Condo Rentals Surges

Page 6: The Investor Suites of CASA III

50 Charles Street has a

Walk Score of 100 out of 100.

This address is Walker's

Paradise which means daily

errands do not require a car.

Page 7: The Investor Suites of CASA III

The 'Manhattanization' of Toronto

• In Toronto, prices for single detached homes and townhomes are projected to go up 30% to 50% in the next decade.

• 83.4% of people in New York City live in Condos or Apartment Buildings.

• Condo living is sure to be the default housing option for those who want to remain in the Downtown Core

Page 8: The Investor Suites of CASA III

“If you want to live in central Toronto, you’re going to have to live in a condo. Families will be forced to buy into high-density living. It’s the

natural evolution of a city.”

From Toronto Life Magazine Quoted: Condo mogul Brad Lamb thinks Toronto will soon be exactly like New York

Page 9: The Investor Suites of CASA III

Toronto VS. The WorldJust how expensive—or not—is it to buy a condo in Toronto? The city sits at No. 15 out of 94 on the, based on average U.S.-Global Property Guide’s ranking of the World’s Most Expensive Cities dollar. Prices per square foot of centrally located condominiums (assuming a 550 square feet—one-bedroom unit):

Price in Toronto: $385,000

CHEAP compared to…

Monaco $3,056,270London $1,194,000

Hong Kong $839,000Tokyo $658,000

New York $615,000