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SUMMARY: 

  • Lifetime Developments team up with CORE Architects to create two incomparable buildings rising 14 storeys at the edge of Liberty Village

  • Luxurious suites await you and the indoor and outdoor amenities will be highly desirable. XO Condos will truly be a remarkable condo with gorgeous features and coveted finishes.

  • XO Condos will offer residents direct access to the King-Liberty Pedestrian Cycle Bridge and the proposed King-Liberty Smart Track Station. 

DEVELOPMENT DETAILS

Project Name:  XO Condos
Developer: Lifetime Developments

Address:  1221 King Street West, Toronto
Major Intersection:  Dufferin St & King St W
Architect:  Turner Fleischer and Core Architects
Storeys/ Units:  14 Stories/297 Units
Maintenance Fees: TBD
Taxes:  TBD
Locker: TBD
Parking:  TBD
Estimated Completion:  Summer 2022

15% Deposit Structure

$5,000 Upon Signing
Balance of 5% in 30 Days
5% in 370 days
5% in 540 days
5% on occupancy

VIP Incentives

  • Free $10000 – $20000 Credit on Closing
  • Free Assignment
  • Capped Dev. Fees at $10000 for 1BR and $15,000 for 2BR and 3BR
  • 100/100 Transit Score
  • 14 Story condo
  • Adjacent to Liberty Village
  • Close to the Exhibition Place
  • Close to fashionable and lively Queen West District
Pricing:
  • Unbeatable pre-construction prices almost at par with re-sale condos in the same area
Layouts:
  • Excellent layouts that allows the use of den as a secondary or tertiary bedroom
  • Projected Cash-Flow Positive upon property completion

HIGHTLIGHTS

  • Walk score of 93/100
  • Transit score 100/100
  • Located in South Parkdale, Toronto
  • 5 mins walk to King St W streetcar and less than 20 minutes ride to downtown Toronto
  • 7 mins walk to Liberty Village
  • 11 mins walk to Canadian National Exhibition (CNE)
  • 20 mins ride to Hospital for Sick Children, Mt Sinai Hospital, and Toronto General Hospital
  • 20 mins ride  to the Union Station
  • 20 mins ride to Financial District
  • Within 30 mins ride to UofT, Ryerson University, George Brown College, OCAD
  • Easy access to Gardiner Expressway

 

Rental Rates:

1BR + Den and 2 Washrooms (Conversion of Den to 2nd Bedroom)

Pricing: $685,900

Current Rent: $2800

Projected Rent: $3276

2BR + Den and 2 Washrooms (Conversion of Den to 3rd Bedroom)

Pricing: 920,900

Current Rent: $3600

Projected Rent: $4211

 

How to Purchase a Unit:

  • Floor plan and price list are available.
  • Unit selection will be on a first come first serve basis.

Click HERE for price list
Click HERE floor Plan
Click HERE for Volition Investor’s Kit

If you have any questions, feel free to email, text, or call me at 647-895-8945 or 647-829-6969.

 

When people think about development, they think of it as something reserved for rich, well-connected people. They envision high-rise condos, large commercial projects, or huge sub-divisions. This isn’t reality. Development can be as simple as splitting a large lot or building purpose rental homes. Most importantly, development is something the average person can work towards!

What is reality is that development isn’t easy to learn – there are no courses, no books and certainly no seminars on development. The only way to learn is from someone else and most people don’t know someone who is a developer within their network – but we’re well connected at Volition!

On July 17th, come listen to Jin Kim, founding partner of Golden Triangle Development and learn about his journey from a regular IT guy to building a subdivision of townhouses. Learn about his use of creative financing strategies and entrepreneurial grit to go from a regular 9-5 job to running a development and renovation company!

You don’t want to miss this rare opportunity to get a glimpse into the world of real estate development!

———————–

Jin Kim is a real-estate expert and financial consultant based out of Toronto. He is the founding partner of Golden Triangle Development, where they specialize in urban transformation and infill property development. Jin has more than a decade’s worth of experience in real estate investing and mortgage funding for clients. Prior to founding Golden Triangle Development, Jin amassed a diverse portfolio of rental properties in Toronto, Chatham, and Hamilton.

Jin has a Bachelor’s degree in Structural Engineering from the University of Waterloo, a fine arts degree from OCADU specializing in sculpture, and over 10 years of professional experience in architectural IT management. Jin lives in the Little Portugal neighborhood with his wife, Celine, and daughters, Eloise, and Eden.

You can access the Meetup slides here 

—————————–

Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

For this coffeehouse chat, we touch on:

• Executive Rental Strategy with Triplexes
• Operationalization of your real estate business
• What does it take to be the best landlord in Toronto? Personally, I’m always interested in out-performing my neighbors not just the marketplace index
• What can I do (besides renovate my unit) to attract and retain premium clients?
• Which listing websites should I be using? Viewit.ca, Craigslist, Kijiji, AirBnB, Condo.ca, padmapper, torontorentals.ca, etc?
• rental application fee
• move-in fee
• criminal record check
• credit check
• allowing pets (and what is the best way to screen pets?)
• cleaning services included
• parking included
• utilities included
• internet included
• furniture included (I hate the thought of tenants destroying my newly reno’d property with all that back and forth)
• how often do you recommend checking in on the unit/tenant…. how often is too much
• general communication expectations
• Understanding the service expectations of my customer and their willingness to pay for those services is really important to me. I hope you’ll consider this topic.
• Have a corner lot house in north York by a four way stop that I want to add a second driveway. Typically how far from the intersection does it need? Where do they start measuring from?
• Off market deals
• You guys talk a lot about how you don’t invest in areas outside of the Toronto core (Hamilton, Waterloo, etc) I was wondering if you could elaborate more about that on why and if you had any anecdotes. Is that the same even if it’s a targeted purchase like student housing in a university town
• Between executive rentals and triplexes, the investment types i’ve seen you guys talk about tend to be on the higher end, for someone who’s just starting out and doesn’t have 800k cash, what is a strategy that you would suggest for a lower budget? (Or is there none and you should just save up more money)
• MONEY IS ONLY A ROADBLOCK IF YOU BELIEVE THAT IT IS A ROADBLOCK
• TVS Tenant Screening Servicestenanverification.ca
• what price point would you be looking at for a condo to start off

You can access the web chat video here 

It’s that time of the month – the FREE Monthly Online “Real Estate Investing Coffeehouse” Web Chat! Based on feedback from our clients and investors, you want MORE! More networking, more Q&A time, more learning, more community, more like-minded people, more engagement… And that a Meetup once a month wasn’t enough! Volition’s mandate has always been to remove obstacles and roadblocks… and now the REI Coffeehouse will solve this problem!

 

Why did we call this a “Coffeehouse Chat”? Because the format is simple. No format. No presentation. No script. Just an informal 1hr online web conference chat that you can log into from your computer after your dinner time (7pm-8pm)… not too much different than if you were meeting a friend for a coffee at a nearby coffee shop. Just real people with real problems, and maybe the occasional guest speaker. Send in your questions beforehand, and then we’ll chat about them and answer your questions with everyone else on the line… others may even jump in with their own input or experiences. Even if you don’t have a specific question, join the web chat anyway because you can join from your computer!! (and it’s FREE!!)

 

The REI Coffeehouse will be using Zoom.us, so have your laptop’s webcam and microphone on to join the web chat. And we’ll be screen recording it and posting each REI Coffeehouse Chat on our website, along with our Monthly Meetup content.

For this coffeehouse chat, we’ll be focusing on Triplexes Conversions! We’ll touch on:

  1. The triplex business model and why it makes sense
  2. How much capital is required? (Hint: It’s not for a beginner, but it’s well worth it!)
  3. What we look for in a property. What are the key physical aspects that make a property a good candidate?
  4. How to estimated construction costs
  5. Navigating the approvals process (permits, committee of adjustments, etc.)

 

You can access the web chat video here 

It’s that time of the month – the FREE Monthly Online “Real Estate Investing Coffeehouse” Web Chat! Based on feedback from our clients and investors, you want MORE! More networking, more Q&A time, more learning, more community, more like-minded people, more engagement… And that a Meetup once a month wasn’t enough! Volition’s mandate has always been to remove obstacles and roadblocks… and now the REI Coffeehouse will solve this problem!

 

Why did we call this a “Coffeehouse Chat”? Because the format is simple. No format. No presentation. No script. Just an informal 1hr online web conference chat that you can log into from your computer during your dinner hour (7pm-8pm)… not too much different than if you were meeting a friend for a coffee at a nearby coffee shop. Just real people with real problems, and maybe the occasional guest speaker. Send in your questions beforehand, and then we’ll chat about them and answer your questions with everyone else on the line… others may even jump in with their own input or experiences. Even if you don’t have a specific question, join the web chat anyway because you can join from your computer!! (and it’s FREE!!)

 

The REI Coffeehouse will be using Zoom.us, so have your laptop’s webcam and microphone on to join the web chat. And we’ll be screen recording it and posting each REI Coffeehouse Chat on our website, along with our Monthly Meetup content.

EXECUTIVE SUMMARY:  WHAT IS SO SPECIAL ABOUT THIS PARTICULAR CONDO PROJECT?

 

  • BEST SUITED FOR OWN USE.  While the area and location is amazing, and while there are tons of infrastructure developments going on in the area (East Harbour, Google Smart City, etc.), this does NOT fit our traditional cashflow business model, and thus is most suitable for owner’s own use / end users.
  • LARGE UPSIDE POTENTIAL.  Although it’s not our traditional cashflow business model, we still believe in the area and the upside growth potential of this development, the business model is just slightly different and slightly more speculative if viewed as an investment, which may still suit certain investor profiles.
  • VIP ACCESS.  We have VIP early access to this project because of our relationships with the developers.

*Location: Regent Park which is beginning Phase 3 of a 5-Phase Master Gentrification Plan.

*Nearby Developments (East Harbour): 15 mins walk from the massive East Harbour master planned office/retail mixed use development (50,000 new jobs)! www.eastharbour.ca

*Nearby Developments (Google Smart City): 20 mins walk from future revitalization of Eastern Waterfront by Google Smart City (50,000+ jobs)! www.sidewalklabs.com

*More details available in the Volition Investor Kit PDF.

 

DEVELOPMENT DETAILS

Project Name:  River & Fifth
Developer: Broccolini

Address:  5 Defries St Toronto 
Major Intersection:  River St & Queen St
Architect:  Graziani + Corazza Architects Inc
Storeys/ Units:  37 Storey/580 Units
Maintenance Fees: TBD
Taxes:  TBD
Locker: $7,000
Parking:  Standard $60,000, EV $65,000
Estimated Completion:  TBD

Deposit Structure

$10,000 Upon Signing
Balance of 5% in 30 Days
5% in 90 180 days
5% in 540 720 days
5% in 720  occupancy

International Deposit

$10,000 Upon Signing
Balance of 10% in 30 Days
10% in 180 days
10% in 540 days
5% on Occupancy

HIGHTLIGHTS

  • Transit score 99/100
  • Located in Regent Park, Toronto
  • 3 mins walk to Dundas St streetcar and less than 10 minutes ride to downtown Toronto
  • 3 mins walk to 6 acre Regent Park & Aquatic Centre
  • 6 mins ride to Ryerson University
  • 15 mins walk to St Lawrence Market
  • Within 15 mins ride to UofT, George Brown College
  • 15 mins ride to Hospital for Sick Children, Mt Sinai Hospital, and Toronto General Hospital
  • 20 mins ride  to the Union Station
  • 20 mins ride to Financial District
  • 25 mins walk to The Air Canada Centre
  • Easy access to Gardiner Expressway and DVP

 

How to Purchase a Unit:

  • Floor plan, price list and brochure are available.
  • Unit selection will be on a first come first serve basis.

If you have any questions, feel free to email, text, or call me at 647-895-8945.

 

This is a new format, so we are going thru the learning stages of how to best make this work this work. The mandate for this is just that I kept hearing that Volition clients and Meetup attendees just wanted more opportunities to grow, to network, to learn from each other, to get their questions answered, and to share experiences both good & bad. So… it’s really informal right now. For now, I’m just going to run this as an AMA – Ask Me Anything. You can ask your questions, and either I can try to answer them or I can call upon others on the Webchat to share their experiences. Cool? No holds barred! Every question is fair game!

You can access the web chat video here 

Volition is starting a FREE Monthly Online “REI Coffeehouse” Web Chat! Based on feedback from our clients and investors, you want MORE! More networking, more Q&A time, more learning, more community, more like-minded people, more engagement… And that a Meetup once a month wasn’t enough! Volition’s mandate has always been to remove obstacles and roadblocks… and now the REI Coffeehouse will solve this problem!

Why did we call this a “Coffeehouse Chat”? Because the format is simple. No format. No presentation. No script. Just an informal 1hr online web conference chat that you can log into from your computer… not too much different than if you were meeting a friend for a coffee at a nearby coffee shop. Just real people with real problems, and maybe the occasional guest speaker. Send in your questions beforehand, and then we’ll chat about them and answer your questions with everyone else on the line… others may even jump in with their own input or experiences. Even if you don’t have a specific question, join the web chat anyway because you can join from your computer!! (and it’s FREE!!)

The REI Coffeehouse will be using Zoom.us, so have your laptop’s webcam and microphone on to join the web chat. And we’ll be screen recording it and posting each REI Coffeehouse Chat on our website, along with our Monthly Meetup content.

We will be scheduling our REI Coffeehouse Chats thru Meetup.com (www.meetup.com/Volition), so make sure you go there and sign up to get notified of the next one!

What do you think? Will you be logging on and joining us to talk about all-things-real-estate??

(1. Also, if you have any suggestions on the format, content, etc., let me know by posting it below!)
(2. If you have a suggestion on the SPECIFIC TIME other than the planned 12pm-1pm, also let us know by posting it below!)

Have you always wondered how the world of executive rentals work? How are some investors able to get $3000, $4000 sometimes upwards of $5000 in rents on their condos? Join us to hear Rick Aubry speak! Rick is the Managing Partner at Premiere Suites and will be teaching us all about the world of executive rentals!

For most unsophisticated consumer-level investors, cashflow negative between $200-$400 is a reality when buying a regular investment condo. As sophisticated investors, this isn’t good enough for us. We are supposed to be sophisticated, so let’s act like it!! By thinking creatively and strategically, we can potentially offset or circumvent this negative cashflow. Executive rentals may be the solution: it may be the rental strategy that we employ in order to support your acquisition strategy, allowing you to continue to invest.

More importantly, learn how this can potentially creates a new opportunity for making condos work again… opening the door to investing in Toronto with lower amounts of investable capital. While we still believe in triplexes in downtown Toronto, not everyone has $300-750k of capital available to be able to buy/create a luxurious cashflowing triplex. But perhaps you have $150-200k of capital available? Wouldn’t it be great to also be able to cashflow positive with lower amounts of capital… WITHOUT having to go outside Toronto to the smaller, more risky towns just because it is “cheaper”? While at the same time, rest assured knowing that your property is being occupied by an corporate executive level individual who treat the property like their own?

 

You can access the Meetup slides and the Meetup video here 

 

—————————–

Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

 

 

Volition is starting a FREE Monthly Online “REI Coffeehouse” Web Chat! Based on feedback from our clients and investors, you want MORE! More networking, more Q&A time, more learning, more community, more like-minded people, more engagement… And that a Meetup once a month wasn’t enough! Volition’s mandate has always been to remove obstacles and roadblocks… and now the REI Coffeehouse will solve this problem!

Why did we call this a “Coffeehouse Chat”? Because the format is simple. No format. No presentation. No script. Just an informal 1hr online web conference chat that you can log into from your computer during your workday lunch hour (12pm-1pm)… not too much different than if you were meeting a friend for a coffee at a nearby coffee shop. Just real people with real problems, and maybe the occasional guest speaker. Send in your questions beforehand, and then we’ll chat about them and answer your questions with everyone else on the line… others may even jump in with their own input or experiences. Even if you don’t have a specific question, join the web chat anyway because you can join from your computer!! (and it’s FREE!!)

The REI Coffeehouse will be using Zoom.us, so have your laptop’s webcam and microphone on to join the web chat. And we’ll be screen recording it and posting each REI Coffeehouse Chat on our website, along with our Monthly Meetup content.

We will be scheduling our REI Coffeehouse Chats thru Meetup.com (www.meetup.com/Volition), so make sure you go there and sign up to get notified of the next one!

What do you think? Will you be logging on and joining us to talk about all-things-real-estate??

(1. Also, if you have any suggestions on the format, content, etc., let me know by posting it below!)
(2. If you have a suggestion on the SPECIFIC TIME other than the planned 12pm-1pm, also let us know by posting it below!)

 

Topics that we discussed:

  • Any new mtg products for investors?
  • I’m just hear to hear about the issues some people are having. Thanks for having me!
  • How to structure the legal entities on both sides of the border when investing in US market?
  • I there any hacks to save capital gain like 1031 exchange in Canada?
  • what markets are you looking at for student rentals
  • Hi Matt, what are your thoughts on commercial real estate? Do you own any commercial real estate? If yes, what factors/variables do you consider before buying? Thanks.
  • Do all the property analysis calculators and percentage rules mainly available through US based websites are also applicable to Canadian property market? Any exception or additions to rules what one should remember for Ontarios expensive market?
  • Where can I see GTA deals for practicing property analysis if I have not yet approached a realtor.
  • How can one become a part of some syndicate deal and is it even something a newbie should get into? Can you give some examples of how it works.
  • If I am trying to invest in SF homes in Ontario, how can I safely invest and have 10 mortgages under individual name without legal issues. How can I protect myself from any liability in cases of accident or mishap at the property  either due to the renters fault or no fault.

You can access the web chat video here 

The very first book I read that started me on the path to become a real estate investor, was Rich Dad, Poor Dad. In that book, Robert Kiyosaki uses an analogy on how wealth is built.

Think about wealth as water and your finances are a bucket holding that water. Most people have one tap filling that bucket – their job. But they’ve got lots of holes in that bucket – bills, car payments, their mortgage, and **TAXES**. To build wealth, you’ve got to turn on as many taps as possible and close as many holes in your bucket as possible.

Improper tax planning can be one of the largest drains on your real estate investments, so join us on March 20th and lean how to pay less tax! We’ll be covering topics like:

Corporations – When should I incorporate? Should I buy in a corporation? Taxes on corporations? Active vs passive income? Business corps – using profits to invest?
Estate Planning – How do I pass my assets down to the next generation?
Taxation Best Practices – What is building depreciation and why is it important? What is eligible for interest deductibility? How do I deduct the interest of my HELOC?

It’s essential to understand these things even if you only have one property. If you’ve already accumulated a few properties, it’s even more important to correct any mistakes you’ve made. Bad planning can completely kill some investment business cases, home flipping for example, so come learn how to do things right with one of the best in the industry!

Peter is a Real Estate Investment focused accountant and well known in the investment world. He regularly presents in front of hundreds of people at REIN meetings and is making the trip from Kitchener to speak to our group. His accounting firm provides strategic accounting and taxation services to grow your business and and protect your real estate investments. His partner George Dube literally wrote the book “Tax, Accounting, and Legal Strategies for the Canadian Real Estate Investor”.

Their services include:
> Assurance Services
> Business Advisory
> Real Estate Tax Planning and Structure
> Retirement & Estate Planning
> Tax Consulting
> Business Tax Compliance
> Personal Tax
> US and International Tax Services

To ensure that we are covering topics that are relevant to YOU, email your questions or scenarios to ming@volitionprop.com and we will “incorporate” them into the presentation… 😉

 

You can access the Meetup slides and the Meetup video here 


Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

34 joined our first ever REI Coffeehouse Webchat!!  About 20 stayed for the entire time, and 11 stuck around at the end to fill out a poll.  Pretty positive response… Most people rated it between 8-10 (out of 10)!!  And 10 out of 11 people said that they would join again.  I myself thought it was kinda boring, but maybe that was because I was staring into a blank sea of black screens (most people kept their webcams off) and so it kinda felt like I was talking to myself!!

Topics covered:

  • AirBnb (and possible tax implications)
  • Executive Fully-Furnished rentals
  • Condo Assignments
  • HELOCs
  • “Flipping to yourself” as a strategy
  • Including/excluding utilities in rents
  • Property Management

 

 

You can access the web chat video here 

 

 

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