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

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.

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

• Walk score of 82/100

• 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.

EXECUTIVE SUMMARY: WHY SQ2 & WHY THIS PARTICULAR CONDO UNIT ASSIGNMENT?

• Actual Unit Available.  The Volition team has an ACTUAL condo unit currently available for assignment, not just phantom inventory that “theoretically” may become available if an owner decides to assign it (like other agents/websites).
• Highly In-Demand Location. Steps to King West, Queen West, Theatre District, Kensington Market; one of the hippest, most desirable areas of the city.  This neighbourhood is popular with Millennials because of work/live/play.
• Low-Risk Profile.  This is a risk-mitigated investment due to the in-progress gentrification cycle of Alexandra Park (following the successful mixed-income model being carried out in Regent Park) and proximity to where the tenants’ jobs are located (i.e. downtown core, financial district, etc.)
• High Walk Score.  Walk Score 100/100 “Walker’s Paradise”, Transit Score 100/100 “Rider’s Paradise”, Bike Score 75/100 “Very Bikeable”.  All important considerations to Millennials.
• Best Tenant Profile.  Professional millennial, university educated, 2-5 years out of university, salary $60-80k/year, works in downtown core.  This tenant profile will be easy to manage and always pays their rent.
• Cashflow.  Target rent is $2500, which is projected to be cashflow neutral.  As a point of comparison, normal resale condos in this area would easily be cashflow negative by $200-400
• Discount Pricing.  Roughly $950/sqft, while other resale condos in the area are $1000/sqft+, and other preconstruction condos in the area are $1200sqft+
• Reputable Builder.  Tridel.  Nothing more needs to be said.  Tridel has been building homes for over 8 decades. With over 80,000 homes built in Toronto, it’s safe to say with Tridel comes a high-level of quality and a high standard.

VIP Investment Calculator

With the success of the SQ Towers at Alexandra Park, trusted Toronto developer Tridel is unveiling SQ2, the second phase of the SQ Condos series. This is the second phase of a multi-phased series by Tridel with the revitalization of the Alexandra Park neighbourhood. Tridel is working on revitalizing this Queen West neighbourhood and raising the standard with high quality features and finishes.

One of the coolest neighbourhoods in the world according to Vogue Magazine. Vogue called this West Queen West Neighbourhood: trendsetting. SQ2 located at Queen and Spadina is in the midst of this booming, trendy neighbourhood that is getting global recognition for its contribution to art, culture and green space.

SQ Condos at Alexandra Park, the first phase, had a sleek, modernistic design which incorporated a very futuristic touch. SQ2 will have this similar iconic design that will stand out in the capital of Toronto’s most cultural neighbourhood.

Development Details:
Project Name: SQ2 at Alexandra Park
Developer: Tridel
Location:  Vanauley St
Major Intersection: Queen & Spadina
Architect: Teeple Architects
Storeys/Units: 14 Storey/169 Units
Est. Taxes: 1% of price / year
Est. Maint: $0.62 / sq ft / month (First Year Free)
Est. Occupancy: Fall 2019

Condo Unit Details:
Price: $545,000
Bedrooms/Baths: 1bdrm/1bath
Sqft: 574sqft
Balcony: Y
Floor: 11
Views: West (unobstructed)
Initial Deposit Required: $85,000
Remaining Deposit Required (at close): $24,000
Mortgage Required at Close: $436,000
Est. Closing Costs: $14,750 Land Transfer Tax + $8362 Levies (capped) + $1000 lawyer + $500 appraisal = $24,612
Est. Occupancy Date: Nov 13, 2019
Est. Closing Date: Spring 2020
Rent: $2500
Expenses: $210 property taxes + $355 condo fees + $1946 mortgage (80% LTV, 3.45%, 30yr) = $2511
Cashflow: -$11

Floorplan:

How To Purchase A Condo Assignment:

• Buying the right condo assignment can be an extremely lucrative investment opportunity, but the process can be fraught with PITFALLS if you don’t know what you’re doing.
• Assignments are not as straightforward as buying resale or preconstruction.  The assignment contract is extremely complicated and needs to be structured PROPERLY.
• You need to work with an Investor Realtor who thoroughly understands the process and knows how to do assignments, or you could be opening yourself up to SIGNIFICANT risk.
• The Volition team has bought & sold many assignments both personally and for our clients, and is quickly becoming the MARKETPLACE for assignment deals.
• If you are interested in Condo Assignment, contact us for a FREE 60-minute Advisory Session where we will walk you through the ins & outs of buying a PRE-ANALYZED Condo Assignment from our inventory of assignments OR selling your Condo Assignment to one of our PRE-QUALIFIED buyers

Watch A Short Video on Assignments From Our Jan 2019 Meetup Mastermind

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