Last Friday, Alexjwilson.com held its Annual Holiday/ Charity party. A Big thank you to everyone that came to the Charity Holiday Party. The most important people to thank first are the friends of Alexjwilson.com - over the evening we raised $3,400.00 towards the "Red Door Shelter" - we are now only $1,600.00 away from our $5,000.00 goal. Thank you so much for coming out and enjoying the evening with us.
The event brought a full house of the city's do-gooders to raise money for Red Door Shelter to continue to help families in need. The party was held at 8 Gladstone, sales center of Streetcar Developments. It was a good mix of drinking, eating, dancing and celebration of everyone's contribution to the cause.
The turnout is great as expected. Alex is almost too well known for his events. With non-stop flowing of beer and wine, everyone enjoyed their daily recommended dose of alcohol to start the evening with. Everyone had their hands on the chocolate covered strawberries beautifully plated on a bed of rose petals. Did I mention we had a Crepe station? The crepes are heavenly and you almost feel guilty of having a second plate (but not really). And the chocolate mini cheesecakes are a hit too!
Second thank you to our sponsors - Especially Streetcar Developments and Harley NakelskyVP of Sales and Marketing for providing the venue,Cheryl Maloneyof Arbonne International for providing the gift baskets for raffle, and of course the team at Treeline Catering for filling everyone's belly with amazing Crepes and treats.
The music is pumping and the photographer is snapping pictures of guests. You know it is a great night when people started dancing :). For those who missed the event, you can check out the Twitter live event for some highlights! #alexjwilson2013party
The partner corner is a place to introduce the Alexjwilson.com network to the TOP professionals in their fields that Alex comes across during his adventures in Real Estate - friends of Alexjwilson.com get special treatment from his partners - its like one big family :)
Opened by fellow RE/MAX Condos Plus Agent Kenny Shim - check out this new West Queen West Resto in the Great Hall at Queen and Dovercourt. Simple dishes with with the top ingredients is what 'The Gallery' is offering and Kenny Shim and his staff will offer their own personal touches.
Here is what Jose Bautisa has said about the venue:
"Best of luck to my good friend @ShowtimeToronto with his new endeavors! Come check out @TheGalleryTO if you get a chance! Great spot!"
Check out the video on the new restaurant:
The Gallery Pop Up
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Weekly Events
Upcoming Events
This section will focus on upcoming events being hosted and sponsored by Alexjwilson.com:
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Happy Hour Monthly Social
The Thirsty Thursday
Date: Every third Thursday of the month (Dec 19 this month)
Time: 6-8pm
Location: Bar Wellington, 520 Wellington St W.
It seems the older we get the busier we get - therefore Alexjwilson.com wanted to dedicate 1 night a month that people can circle in their calendars and make it a priority to come. Alexjwilson.com is all about community so come out and re-connect with old friends - make some new ones - and share what is new in our lives.
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Birthday Boy
Happy Birthday to Alex!
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The more candles, the bigger the wish.
Here are some of the best Alex moments of 2013:
Modelling with Matt Diniz
Enjoying the Blue Jays home opener
Wilson Brothers at Ireland
Annual Alexjwilson.com and Loewen Group BBQ For Laurier Alumni
RE/MAX at Vegas
Speaking at the AJ and Ryan Rickwards Wedding
2013 has been a great year. 2014 we will continue to build the community and it will only get bigger ! There are lots of exciting ideas and events coming up, so until next year ;)
New Development
Alex's gift to you: The best investment of the year:
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Taylor Leslieville
By Streetcar Development
Alex has this new development project that a very few select Realtors were invited to participate in. This is the BEST PRICING he has seen on a development that he has been offered this year - the prices are below current market values and the units are cashflow positive.
Alex recommends this as a STRONG BUY.
The location is in the heart of Leslieville - one of the hottest areas for real estate over the last 5 years. As per The Globe and Mail Leslieville is one of Toronto's Prime Real Estate Pockets- an area protected from bubbles: Link Here
The builder is Streetcar - Toronto's top midrise developer. Last year around this time they launched the Carnaby in West Queen West that offered similar value. I sold 15 units in that project (including one I bought myself).
Here is a video he has done on the project - so you can get an appreciation of what the area has to offer:
Now what makes this development REALLY ATTRACTIVE - is that pricing is BELOW market value - pricing ranges between $471.00 - 520.00 per. ft. (Yes as low as $471.00 a ft.) Going rate in the area is $550.00 - $565.00 per ft. This offers tremendous value. One bedrooms start at $274,900.00 and two bedrooms start at $354,900.00.
The Numbers:
Cashflow:
The two bedroom units without a parking space would rent for $1950.00 per month. Here are comparable rental value for units across the street at 319 Carlaw and 1201 Dundas Queen Street West: Link Here
Offer
$354,900.00
Loan Amount
$283,920
Downpayment
20%
Annual Interest Rate
2.89%
Payments Per Year
12
Rate Per Period
0.002408333
Number of Years
30
Total Number of Payments
360
CMHC Premium
$0
Payments
$1,180.24
Price
Down-payment
Monthly Mortgage Payment
Approx. Property Tax Cost
Fees
Total Monthly Payments
$354,900.00
$70,980.00
$1,180.24
$251.39
$355.00
$1,786.63
Rental Rate
Cashflow
Principle Payback
Cashflow Per Month Including Principle
$1,950
$163.37
$503.10
$666.47
The monthly cash-flow would be $163.37 and the monthly cash-flow including principle would be $666.47.
Current Market Value and Appreciation:
The purchase price on a two bedroom 710 sqr. ft. unit is $354,900.00. The current market value of the unit is $410,000.00 looking at comparable sales in the building across the street that have sold: Link Here
(Note we adjusted the price by $20,000.00 which we subtracted from the sales price to adjust for terrace).
Therefore if we look at a conservative appreciation rate of 3% per year in 2018 this will be the value:
Original Purchase Price
$354,900.00
Current Market Value
$410,000.00
Appreciation Rate
3%
2014
$422,300.00
2015
$434,969.00
2016
$448,018.07
2017
$461,458.61
2018
$475,302.37
Therefore based on these estimates the value of the condo in 2018 would be $475,302.37 - an increase over the purchase price of $120,402.00.
Note: 3% is an approximation.
Alex Wilson's Listing
Alex Wilson's Listings
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215 Sherway Gardens Road, Unit 511
1 Bedroom plus 1, 1 Bathroom
This Is A Brand New Unit . With Access To The Ttc Steps From Your Home And One Of Canada?s Most Luxurious Malls, Sherway Gardens, In Your Backyard. The Living Rooms And Dining Have Hardwood Floors, Upgraded Kitchen Cupboards, Completely Private Terrace In This Corner Unit.
Fridge, Stove, Washer, Dryer, Dishwasher, Microwave, Window Coverings37Cable, Telephone And Internet Are Free For The First 6 Months
Your Home On The Water. This Two Storey Penthouse Offers Over 1800 Sqr. Ft. Over Two Levels. The Unit Feels Like A House Instead Of A Condo. 10 Ft. Ceilings On 1st Floor And 9 Ft. On 2nd. 2nd Floor Also Has A Separate Entrance. 4 Balcony Spaces Which Include - Gas Line, Water Line, And A View Of Lake Ontario And Downtown Toronto. Corner Unit For Privacy. Located On The Water This Area Offers Access To Martin Goodman Trail For Walking, Biking And Running.
Unit Features:
Wine Fridge, Gas Line For Bbq, Water Line On Balcony, All Appliances, Elfs, W/C, Exclusive Penthouse Parking (Separate Area) With Built In Locker. Den Could Be 3rd Bedroom. 2 Additional Parking Spaces Available For Purchase ($30,000.00 each or $55,000.00 for both).
Amenities:
Indoor And Hot Tub, Gym, Steam Rooms, Dining Room, Party Room, Theatre Room, Spa Facility, Games Room, Concierge
