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Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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Page 1: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst
Page 2: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOFounded by 4 brothers, the Greenberg’s started building homes in 1955started building homes in 1955Celebrating 60 years in business in 2015

Page 3: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOFlorida Ottawa

FLL YOWOttawa

Toronto YOW

YTZCalgary YYC

Page 4: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOBuilt over 70,000 homes15 towers in the GTA15 towers in the GTA

Page 5: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOPrince Arthur

Page 6: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOMinto Midtown

Page 7: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOMinto 775

Page 8: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOMinto Longbranch

Page 9: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTOMinto Yorkville Park

Page 10: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTO

BILD 2013 Green Builder ofthe Year

Page 11: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst
Page 12: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 13: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

TORONTO MARKET HIGH RISE SUMMARYWith 130 condo towers under construction,Toronto tops the charts of any NorthAmerican city

Page 14: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 15: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

DEMOGRAPHICSPopulation Growth: Cit f T t 9% 9%City of Toronto = 9% 9%

Source: Census 2011

Page 16: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

DEMOGRAPHICSPopulation GrowthMinto Westside Census Tract = 86% 86%Minto Westside Census Tract = 86% 86%

Source: Census 2011

Page 17: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 18: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MINTO WESTSIDE CENSUS TRACT

NN

Page 19: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

AGEMajority age of Population: 20 – 40 yrs

City of Toronto = 28%

Minto Westside Census Tract = 72%%

Page 20: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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%

Page 21: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

A GREAT INVESTMENTFuels demand for 1 and 2 bedroom units:

City of Toronto = 61%

Minto Westside Census Tract = 94%

Page 22: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 23: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 24: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 25: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

DAYS ON MARKET/AVERAGE PRICE

Days on Market

34Cit f T t 34

24

City of TorontoMinto Westside

Census Tract

Page 26: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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.

Page 27: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

LIVE HERE.BE EVERYWHERE.

Page 28: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

INTRODUCING MINTO WESTSIDE

Page 29: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 30: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

WALK / TRANSIT SCORE

Walk Score Transit Score

10096 100

Page 31: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

NEIGHBOURHOOD

40,000 sq. ft. Community q yCentre being built steps

ith h l away with new schools and childcare

Page 32: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

NEIGHBOURHOOD

Page 33: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

THE AWARD WINNING TEAMArchitect: Wallman ArchitectsI t i D i B difil kInterior Design: BurdifilekLandscape Architect: Ferris + Associatesp

Page 34: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 35: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 36: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

ARCHITECTURE

InspiredPlayfully DesignedNatural LightNatural LightLarge Windows

Page 37: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

RETAIL AMENITIES

30,000 sq. ft. Retail

Page 38: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

LOBBY24 Hour Concierge

Page 39: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 40: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

THE W COURTYARD

Page 41: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

YTZ LOUNGE

Page 42: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

W2 COURTYARD & BBQS

Page 43: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

MOVEMENT HAUS GYM

Page 44: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 45: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

THE PLUNGE SOCIAL

Page 46: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

PLUNGE POOL, BAR & LOUNGE

Page 47: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

EASTWEST

CITYVIEW COLLECTION

EASTTOWER

WESTTOWER

CITYVIEW COLLECTION

Page 48: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

SUITE HIGHLIGHTS

Page 49: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 50: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

SUITES

3 unique kitchen layouts3 unique kitchen layoutsWall integrated cabinetry

Page 51: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

STUDIO – ENTRY LEVEL

Smart design for compact suitescompact suites330 sq. ft.Starting price $189 990$189,990

Page 52: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

2 BEDROOMSIncredible 2 Beds + 2 Baths2 Beds + 2 Baths632 sq. ft.qStarting price $379 990$379,990

Page 53: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

SOUTH/EAST VIEW FROM 20TH FLOOR

Page 54: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

20th Floor shot – fort yorkSOUTH/WEST VIEW FROM 20TH FLOORy

Page 55: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 56: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

PRICING

King West neighbourhood with g gaffordable city pricingSt ti f $189 990Starting from $189,990

Page 57: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 58: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 59: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

BROKER PORTALToday you will receiveexclusive access to theexclusive access to theMinto Westside 

k lVIP Broker Portalmintowestsidebroker.comPass: MintoWSBroker

Page 60: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

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

Page 61: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

INCENTIVE FOR AGENTSFirst 50 Agents and their Clients to

purchase will both receive apurchase will both receive a$500 Porter Voucher $500 Porter Voucher

Page 62: Westside Broker Presentation FINAL - Minto Broker... · Bathurst & Front – Example 1 Minto West Side Condo Cost to Carry - Example 2 Avg. size of 1 Bedroom unit leased near Bathurst

Sources: Statistics Canada, City of Toronto, RealNet, MLS, TREB, BuzzBuzzHomes