How To Make A Million Dollars In Real Estate

Value Proposition For The Luxury Market

Quality over Quantity. It is a statement that I emphasize to my clients when discussing how to invest. The luxury market is strong and over time will always increase.

I like attractive, high-end condos and I love great value. The most important message I have for you is that it’s not expensive to buy luxury anymore. If you compare the current market rates, you will see that many ‘regular’ condos are selling for over $800/ft. Luxury condos are selling for $900/ft. The price gap is only $100 difference! Many units are selling for over $800/ft at ‘regular’ buildings like 8 Mercer, Peter Street condos, Charlie condos and King-Charlotte condos.

My recommendation – Spend a little bit more and you are in the luxury market at $900/ft. If you have the capital, it is better to invest in a higher-end product for long-term growth. High floor units in luxury condos are fetching $1200 or more. I believe this is only the beginning for this segment of the market and I predict very strong price growth over the next several years.

Real Estate Predictions For 2018

Prices and figures do not form part of any agreement of purchase and sale.*

View Active Listings – Luxury Condos

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181 Bedford – AYC Townhomes

Three Bedroom Townhomes from $2 mil

AYC Condos is a residential building by Diamond Corp and Metropia, known for 5 St Joseph and E Condos. This building is over 80% sold and the developer has recently released a limited number of townhouses, known as the terrace collection. The model featured above includes underground parking and a private rooftop terrace. We see excellent long-term value for these townhomes. The location is nestled between Yorkville and the Annex, two of the most desired neighbourhoods to live in Toronto.

346 Davenport

Two Bedroom 1,903 sq ft – from $1.6 mil

346 Davenport is a boutique residence by Freed Developments. It is situated between the Annex and Yorkville neighbourhoods. Featured above is a two bedroom plus den floorplan with South East exposure. This place gives new meaning to the phrase “open concept”. It extends to a spacious private terrace with enough room for a large dinner group.

377 Madison Ave – South Hill On Casa Loma

One + Den 652 sq ft – $529k

377 Madison, also known as South Hill on Madison, is a superb residence near Casa Loma. We have access to assignments that are much cheaper than public market prices. Select sizes and layouts are available from $320-530k.