Category
Developments, Events, Learning
Date
March 12, 2019
Earlier this month, we held a sold-out keynote at Canada’s leading real estate investing forum.
Over 700 real estate investors descended upon The Investor Forum at Mississauga’s The International Centre to hear us present on “How to Build a ROI Maximizing Portfolio with Pre-Construction Condos” – with emphasis on the “ROI maximizing” part.
Pre-construction condos are the strongest and simplest real estate investment to make for strong returns and positive cash flow. They outperform townhouses, semis, and detached houses. Demand is soaring while supply remains limited. And they require almost none of the time and resource commitment and maintenance that other real estate investments require.
If you want to know the strategies and insights that we have personally used to build a portfolio of over 30 properties and with incredible returns of over 500%, then this video is for you.
(Don’t have time to watch the whole video? Read our four key takeaways – and current, pre-con offers for as low as a $8,500 (5% deposit with exclusive rent guarantees and free assignments) at the end of the post!
- 00:00: Introduction
- 01:04: TREB (Leveraged and Non-leveraged) vs TSX
- 3:45: Our key strategies: Leverage, risk minimization, return maximization, deal types
- 11:58: How to invest in pre-con condos
- 15:20: Toronto’s future demographic and regulatory prospects
- 20:19: Condos vs townhouses, semis, and detached
- 25:34: Great projects (Gore Park Lofts, University Studios, Sage Kingston, Stockyards)
- 28:58: Conclusion
Four key takeaways why condos are simply the best and easiest real estate investment:
1. Condos require less work
Between CONNECT’s one-year free property management and rental services and the developer’s included maintenance services, this investment is completely hands-off so you can enjoy passive income.
2. Condos outperform townhouses, semis, and detached in price
Condos are less than half the price of detached homes but show far stronger and more consistent growth. (In 2017, a detached home in the downtown core went up 2.15% while condos were going up 20%!)
3. The annual increase of rental volume, rents, and rents per-foot for condos is strong – and only growing stronger
Rental volume has grown almost 80% from just over 15k rentals to over 27k rentals. Unsurprisingly with such strong demand, condo rents are up 8% annually to $2,385/mo and condo rents per-foot are up 9% year-over-year to $3.26.
4. You can get started right now
I’ve listed four amazing pre-con opportunities to get you started. These all have fantastic locations, great incentives, and strong return and cash flow potential.
Please do not hesitate to contact us. I am here to help you and share knowledge! There is a pre-condo investment for everyone that will help you reach your financial goals.
Matt Elkind, Sales Representative
Managing Director and Partner
416-800-9272
GORE PARKS LOFTS
Located in Hamilton’s Trendiest Neighborhood
From $309,000
- 2 year rent guarantee
- Fully-managed investment
- 1 year free maintenance fees
- Only 15% deposit over 1 year
UNIVERSITY STUDIOS
Next to University of Ottawa and Durham College Campus in Oshawa
From $309,000
- 1 year rent guarantee
- Fully-managed investment
- Fully-furnished suites
- Only 5% deposit!!!
SAGE KINGSTON
Next to Queen’s University in Kingston
From $309,000
- 2 year rent guarantee
- Fully-managed investment
- Fully-furnished suites
- 20% deposit over 2 years
STOCKYARDS
Next to University of Ottawa and Durham College Campus in Oshawa
From $309,000
- 2 year rent guarantee
- Fully-managed investment
- Fully assignment
- Only 15% deposit over 1 year