为何投资THE EGLINTON CONDOS

WHY INVEST THE EGLINTON CONDOS
By
Mark Li
Sales Representative
Century 21 Leading Edge Realty Inc., Brokerage
416-500-5355
[email protected]
The Eglinton Yonge At Heart
Yonge/Eglinton Area
The Eglinton Condos is a new condo project at
161 Eglinton Avenue East in Toronto. Will be
established by Menkes Developments Ltd.
The Eglinton Condos genuinely is Yonge at heart.
located at 161 Eglinton Avenue East in the prime
midtown area referred to as Yonge and Eglinton,
this elegant new condo happily takes up home in
among the city’s finest areas. Not only is the area
one of the best places to live in the city, it is fast
becoming a major economic hub in the city.
From an employment standpoint, it is ranked as
the second largest and fastest growing
employment centre in Toronto.
Metrolinx has identified Yonge & Eglinton as a
“Place to Grow Mobility Hub”
•
•
•
•
As a major transit station area associated
with an urban growth centre, it’s an
important Anchor Hub in the Greater Toronto
& Hamilton Area (GTHA).
Get around town quicker with the LRT When
completed in 2020, the 19-kilometre Eglinton
Crosstown light rail transit (LRT) will cut travel
time significantly and conveniently link to 54
local bus routes, three TTC interchange
subway stations and GO Transit.
The closest LRT station to The Eglinton is
“Mount Pleasant”, located a 2-minute walk
away at the corner of Mount Pleasant and
Eglinton.
Residents will be able to get to Yonge-Dundas
Square and the Eaton Centre in just 20
minutes, downtown to Union Station in 24
minutes, and to Pearson International Airport
in as little as 45 minutes.
2 Ways To Make Profit From Condo Investment
• Buy Under The Market Value
• Rent It for Positive Cash Flow
If a new condo meet the above two elements, it will be a good investment opportunity
The Yonge Eglinton Condos &
Resell Condos
The Eglinton Condo compare to Resell Price
Price Per Sq.Ft
$665.00
$626.00
Source From：Condos.ca，
$622.00
$614.00
$596.00
$589.00
$577.00
The Yonge Eglinton Condos
Near By New Condos
The Eglinton Condo Compare to Nearby New condos
$782
Soure From：TREB
$721
$702
$665
$621
$619
$618
$577
Investment Poential
PRICE PER SQ.FT
$680
$660
$640
$620
$600
$580
$560
$540
$520
• Near by resell average
price:$615 Per Sq.ft
• Near by New condos
average price: $675Per Sq.ft
• THE EGLINTON CONDOS:
Only average $577Per Sq.ft
Resell
Source from：CONDOS.CA and Treb
New
The
Condos Eglinton
Future Price Increase
Price Per Sq.Ft
$748
$719
$691
$640
$615
2014
2015
$665
2016
2017
2018
4% increas a year, the Price Per Sq.Ft in next 5 years
NOT A GUARANTEE OF FUTURE RESULT
2019
The Eglinton Condos Return Rate
A 500 Sq.ft Unit，$577 per sq.ft.，Purchase price $288,500, Downpayment 20% $57,700
4%increase a year，5 years late，$748 per sq.ft，
increased $85,500
5 years return rate is 148%
NOT A GUARANTEE OF FUTURE RESULT
Rent with Positive Cash Flow
• 2014 Nearby Average Rent Price：
1 Bedroom（No Parking): $1650
1 Bedroom+Den（NO Parking): $1850
2 Bedroom（1 Parking): $ 2750
EXAMPLE
Facing South, Unit#01，Lower Tower,510 Sq.ft
Selling Price $288,990; Rent $1650
DOWN PAYMENT
AMOUNT FIANCED
MONTHLY PAYMENT
PROPERTY TAX
20%
80%
MAINTAINCE FEE
TOTAL MONTHLY COST
MONTHLY RENT
MONTHLY CASH FLOW
0.6
947.71
240.75
* For Reference Only
306
1253.71
1650
155.54
MONTHY PRINCIPAL PAID
MONTHLY PROFIT
TOTAL FIRST YEAR PROFIT
FIRST YEAR RETURN
57798.20
231191.80
425.28
580.82
12
6969.84
12.06%
CALL NOW TO RECEIVED VIP INCENTIVES
Mark Li
Sales Representative
Century 21 Leading Edge Realty Inc., Brokerage
#1 Firm in Canada
Direct Line: 416-500-5355
165 Main Street North
Markham, ON L3P 1Y2
Bus: 905-471-2121
Fax: 905-471-0832
http://mycondopro.com
http://www.eglinton-condos.ca/