1 King West
Well, the waiting and watching has gone on long enough! With the
introduction of Mr. Mirvish as a partner in this development, I have no difficulty in
recommending 1 King West as a "BUY"! Another
exciting twist has been introduced by the ever conceptualizing Harry Stinson.
The suites are being sold principally on a custom basis. Square footage wise
these units are up there $500+ per square foot with $0.60/sq. ft. maintenance but in light
of the projected investment returns, this is well worth taking a closer look at.
Call for details: C. L. Hanes email me
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Pantages Tower
This is a very exciting, well located and well designed investment opportunity.
Here I have found a few gem suites (remember there are always good and bad
suites in every development) up high. Under $150,000 and you own a 35th floor
west facing unit. Call for details: C.
L. Hanes (email me
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SoHo Grand Hotel & Condominiums
Another development that we have been having
diffiucluty getting information on. The location seems right and the
floorplans and promo material all read right but something has been telling me to look a
little deeper. I'll keep you informed.
Call for details: email me
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Ritz Carlton Hotel
Not an investment for the masses but definately one for the discerning buyer willing to
settle only for the Best! Houdini couldn't come up with something wrong with
this development. Dynamic floorplans, dynamic investment opportunity. It
is represented that Rental Guarantees are available but our repeated telepone calls to
their seller's agent go unanswered. I'll let you know. This
development has currently been put on hold.
Sapphire Tower (previously known as Downtown
Plaza Hotel
An Investment Condo Hotel with 1,000 hotel units located right in the Financial core of
the city (Richmond and Bay) with the PATH right at your door.
Launched in May 2003 for a 2006 occupancy this is the 2nd project of it's type in the city
following the successful sale of 1 King West. Certainly the experience developed
over the past 6 years will pay dividends to buyers in this development. |
550 Wellington (new)
A new condo hotel soon to be launched.
Will consist of hotel and condominium suites. Register here to be the first to
receive information.
Condominiums represent possibly the best investment that you
can make. You always have to pay to have something to live in, therefore you
always either pay rent or mortgage payments or for those in the enviable position of
having the cash, face total expenses of condo fees and taxes. With condominiums you
have got to factor is lifestyle, income potential and resaleability into your investment
perspective.
Do you know another investment that you can actually live in. Well this
investment gives you three distinct choices. You may choose to live in it, you
may choose to rent it out and glean monthly income or, you may resell it and reap
non-capital gain taxable appreciation (providing your condo is your principal residence.
A relatively new concept to Canada but which has really caught on in America are
hotel unit condominiums. It is not hard to understand why. You
really get the best of both worlds. The only such condo in Toronto is 1 King
St. West, a development by Harry Stinson.
In the SoHo Grand Hotel and Pantageous you live in the condo in a development that
offers hotel facilities and amenities but you do not participate in the room rental
program. Only the 1 King St. West offers this option but asking prices,
monthly maintenance and changing floorplates and development concepts suggests caution. We also have a historic hotel condo development
right on the Ocean just south of Fort Lauderdale Florida. Purchasers can use
the hotel suite whenever you choose and enjoy income when you are not using it!
The Ritz Carlton is developing an exciting site in the Financial District.
Watch for my upcoming "Simply The Best" Profile. |
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