RE/MAX CONDOS PLUS

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Toronto Real Estate 
  

Monday Wake Up is back from the Holidays and Vacation. 


 

ALEXJWILSON.COM is Hiring


 

Has your dream been to work in Real Estate. Well we have a new opportunity that has just opened up. We are looking for a new executive assistant. A few features are:


 

- Full Time Work

-Salary Position

-Opportunity for bonus

- Benefits

- Work in the heart of Downtown Toronto


 If you are interested or know someone out there that is looking please have them email contact@alexjwilson.com for more details.


 

Re-positioning An Apartment Building - A Before Video 

 

Repositioning An Apartment Building - Before Video - Hamilton - Alexjwilson.com


Welcome to 549 Main Street East in Hamilton. This is the 12 unit apartment building we introduced you to in October. We have started renovations in the building. This is the first phase of our re-positioning of the building. We will be investing $300,000 worth of capital into the building which will allow us to increase the rents in the building. The original rents in the building averaged between $650 to $700 per unit. Once our updates are completed we will be able to achieve rents of $1,200 per unit. Overall this will increase the value of the building to between $1.6 - $1.7 million dollars. With the purchase price of $950,000 + our investment of $300,000 our net gain will be between $350,000 to $400,000 in 1 year. 


 

When we are complete we will hit the 'repeat button' and do this all over again. 


 

This is how you build generation wealth that will help you retire early. 


 

In 2015 we will be starting a weekly livestream Youtube show so that you can learn how you can participate in our next project. 

 

2015 Toronto Real Estate Market Predictions  

 

The Toronto Real Estate Market Consists of Four Market Segments: Most forecasters make the fatal flaw of talking about a Canadian real estate market. The fact is it does not exist. Houses don't move so it is possible to have an oversupply in one market and an undersupply in another. That being said, there is no such thing as a single Toronto market either. Hence we intend to narrow our focus to just the downtown (416) Toronto market. And within this market there are four segments we need to examine: the low rise market, the condo resale market, the new condo market (where less informed people equate cranes with oversupply), and the condo rental market.

 

1: Sales in the low rise market in Toronto may actually decrease in 2015. 


No one is moving! With the double land transfer tax, it is cheaper to renovate than to move. The only opportunity will be in the townhouse segment with infill housing. For developers the opportunity will be for stacked towns. That being said, prices in this segment can only go in one direction - up and 8-10% will be the norm.

 

2: Sales in the resale condo market will increase by 10% over 2014.


Revenue Canada has effectively killed the Assignment Market by applying income as opposed to capital gains tax on profits plus charging HST on the profit and original deposits (treating the sale as a commercial property). The increase in condo sales will come from more listings, as most investors will sell their units as resale condos instead. We expect over 20,000 condo units to be registered in 2014 and the same number in 2015. With this increase in supply, we expect condo price increases to moderate with prices increasing by 2-3%. The silver lining for condo owners is that with the price of low rise properties increasing even faster, more buyers will be drawn to the condo market which will support current prices.


3:The new or pre-construction condo sale market is a challenge to track.


Sales and 'under construction' stats are difficult to verify. Developers can report whatever numbers they choose and they often can overstate them. The only true measurement number is completions or registered units - those units entering the resale pool. In 2015 we expect about 22,000 units to get registered and we expect developers to report about 25,000 new sales. However the two most important changes to this market are the increase in the percentage of bigger - two bedroom+ condos being sold, and the launching of not just condo but multi-use projects (incorporating office and retail space with new condos).

 

4: The condo rental market will continue to grow faster than the resale market as more investors rent out their units. 


Currently the rental market is one and half times bigger in terms of transactions. The good news for tenants is that rents will be unchanged for most and that any increases will barely keep up to increases in operating costs for investors. But the good news for investors is that the vacancy rate will stay under 2%.

 

 

 

Interesting Reads
Here are some interesting reads of the week: (Click on title Link)
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Around the World

Designer's Corner - With Sarah Broderick

 

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Announcing a new feature in the Monday Wake Up - Designer's Corner by Sarah Broderick

 

Monday Wake Up went on vacation over the holidays so this special message was missed from our resident designer Sarah. We wanted to make sure it got out so enjoy the read:

 

A Time to Reflect & Be Grateful

 

As I thought about a topic for this weeks article I couldn't help but feel extremely grateful.  Despite a few career detours along the way I've been interested in design & decorating for as long as I can remember.  

 

Growing up my dad was in the Air Force and from the age of three our family moved every three years.  Despite the adventure of traveling cross country and experiencing most of Canada before my 10th birthday, my favourite part of each move was seeing our new house for the first time.  No two were a like and each had their own challenges but my parents always included my brother and I in the process of making each house look and feel like our home.

 

The idea that any space can be transformed into a beautiful, functional and inviting home still inspires me today.   I pride myself on looking at each client's project with the same fresh eyes and eagerness to uncover their homes true potential.  In fact it's not uncommon for me to lie awake at night contemplating countless ideas and envisioning their ideal space after our initial consultation. 

 

When I was 14 my dad left the Air Force and my parents built their own house for the first time.  We spent countless hours in Toronto around the Castlefield and Caledonia design district handpicking every aspect of our new home.  It was a lengthy, all encompassing process that lasted nearly a year but I loved every single moment.  To this day there are two places I'm happiest  - traveling the world for design inspiration and browsing design stores so I can bring my inspirations to life. 

 

Each time I visit stores in and around Toronto I'm reminded of this time and how I truly believe I was destined to become a designer.  One thing's for certain, any innate ability I posses comes from my experiences growing up and from my parents. 

 

If I've tried to convey one thing about my design philosophy in these articles it's the importance of being proud of our homes since they're a reflection of who we are.  Enjoying our homes with others is a great way to express ourselves and show our gratitude throughout the year but especially over the holidays.

 

Moving often meant we rarely had the opportunity to spend Christmas with our extended family.  It could have been a very lonely time of year had it not been for friends who graciously invited us into their homes and included us in their celebrations. 

 

How people come together this time of year is reason enough to love the holidays.  When I was younger I fully admit Christmas was all about the presents but now that I'm older, and arguably wiser, I realize it's a time to be grateful for what we have and share our good fortune with family and friends. 

 

As another year comes to a close I cannot thank you enough for your support in 2014.  I hope you've enjoyed reading my column as much as I've enjoyed writing it and I look forward to many more articles in the New Year. 

 

Wishing you and yours a very merry Christmas and a happy 2015!

 

 

 

 

 

 

 

 

Feel free to send in questions or images to sarah@highstreetdesign.ca

 

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: Dec 18, 2014

 

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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New  Development

ART SHOPPE Condos COMING FEBRUARY 2015

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Yonge and Eglinton

 

 

 

Art Shoppe condos will finally be launching at Yonge and Eglinton this February. This will be a new Landmark building for the area. Alexjwilson.com will have first access. 

 

Alexjwilson.com was recently at a sneak preview luncheon for the project. Peter Freed is going for the best amenities in the city on this project. This will help make this building the top building in the area and allow it to stand out from the rest. It will also allow it to command premium rents over the other buildings in the neighbourhood. 

 

The development will consist of a 28 storey tower on the North side of the site stepping down to a 12 storey midrise on the South side. Also, the building will step down to 6 storeys on the Eastern side. It will also include 1100 square meters of new public park space on the East side of the building. The building will also have a new Major Grocery Store on the main level. 

 

If you are interested in this project and getting on the list to have first and BEST access send us an email: contact@alexjwilson.com or call 416 996 5181. 

Alex Wilson's Listing
Alex Wilson's Listings
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1 Bedroom + Den, 1 Bathroom
For Sale $369,900


 

Description: 

Large one plus den located steps from Yonge and Eglinton. At 738. Sq. Ft., It is $500 A Sq. Ft., Which is some of the best value in area. Large Kitchen space for a small table. The den could be used as an office or converted into a second bedroom. The master suite has a walk-in closet perfect for storing all the clothes you can buy while shopping on Yonge Street. New Loblaws Grocery store opening across the street. Steps to Subway and on the Eglinton LRT line.


 

Extras: 

Indoor pool, Fitness Room, Rec Room, Security System, Guest Suites & Visitor Parking, Upgrades, Stainless Steel Appliances, Granite Counter Tops, Mirrored Black Splash, W/C, Exclude Dining Room Elf, Parking and Locker included.

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3 Everson #611
2 Bedroom Plus Den, 2 Bathroom
For Lease $2,200 - Available Immediately 



Description: 
Large 2 Bedroom And Den Unit In Family Friendly Everson Townhomes. Natural Light Fills This Unit. Hardwood Flooring Found Throughout. Lots Of Storage. Huge Rooftop With Gas Bbq Hookup And Downtown Views Of Cn Tower. Just Steps From The Subway, Ttc, 401, Shops Etc. Parking Garage And Visitor's Parking Close To Unit. Hydro Also Included In Rent. Kids Can Play In Park/Green Space Across The Street. Check Out The New Whole Foods At Yonge And Sheppard.
Extras:
Updates Include: New Kitchen Cabinets, Quartz Couter Tops, Backsplash & Stainless Steel Appliances (All 2014).

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1 Bedroom, 1 Bathroom
For Lease $1,650  Monthly

Description:
Brand New Never Lived In 1 Bedroom Unit At The Landmark L-Tower Building At Front And Yonge. 9 Ft. Smooth Ceilings. Beautiful East View With Plenty Of Natural Light. Bedroom Includes A Window. Luxury Kitchen. When Complete Building Will Be Attached To The Path System And Union Station. St. Lawrence Market Is Around The Corner And When You Want To Eat Out There Are Plenty Of Restaurants At Your Door Step. Only Steps Away From The Financial Distinct.
AAA Clients Only - Includes All Appliances, Stacking Washer & Dryer. Hydro Is Extra. New Blinds Installed. Includes 1 Locker Space

Link for Listing Here.
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126 Simcoe St, Unit 612

1 Bedroom , 1 Bathroom
For Sale $328,900

Description: 'Boutique Phase 2' A Luxury Condo Building In The Heard Of Downtown Core. Steps To Osgood Subway, Financial District, King West. Excellent One Bedroom Layout, Floor-To-Ceiling, Wall-To-Wall Windows, Sunny & Bright South Facing. Stainless Steel Kitchen Appliances, Granite Counter Top, High Standard Roller Window Blinds. Exercise Room, Guest Suits, Party Room, Rooftop Deck, 24 Hrs Concierge And More. Perfect For 1st Time Home Buyer Or Investors.

Extras: Stainless Steel Fridge, Stove, Dishwasher, Microwave, Stacked Washer & Dryer. All Existing Light Fixtures. Professionally Installed Roller Solar Blinds. 1 Storage Locker Included.

Link for the Listing Here.
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3+1 Bedroom, 3 Washrooms
For Lease $10,000 Monthly Furnished, $7,500 Unfurnished

Description:

Rare 3 Bedroom 3100 Sq. Ft Fully Furnished Penthouse Condo Available To Rent In Toronto. Ideal For Sports Figure, Corporate Executive, Or Movie Industry That Requires Space For Their Family. With 4 Terraces, Over 810 Square Feet Of Outdoor Living Space, The Sprawling, Sun Drenched Residence Is Located On The 27th Floor; With North, East, West And South Views Of Lake Ontario. Atop One Of Toronto's Premier Waterfront. This Is A Turn Key Solution.

  

Extras:

2 Parking Spots And Locker Room With Unit. Walking Distance To Billy Bishop Airport Which Can Easily Take You To New York Or Chicago - Avoid The Lines Of Pearson. Be In The Porter Lounge In 15 Minutes From Leaving Your Unit. Roof Top Pool.

  

Link for the Listing Here.
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Sincerely,
  

Alexander J. Wilson B.A.
Team Lead: Alexjwilson.com
 

#1 Agent At RE/MAX Condos Plus 2013

 

Alexjwilson.com
TOP 1% Condo Sales in Toronto 2009-2013 
Platinum Club 2010-2013
RE/MAX Hall of Fame


45 Harbour Square
Toronto, Ontario, Canada
M5J 2G4

 

Sales Representative
RE/MAX Condos Plus Corp. Brokerage
Office: (647) 352-5181
Mobile: (416) 996-5181
contact@alexjwilson.com
www.alexjwilson.com