Kaleem Farooqui

1. King Sixty Condos
One Block From Yonge Street
King Sixty Condos
One Block From Yonge Street

3. Average Price for 2014 - $566,724
Up 8.4% since Dec. 31st
, 2013
6.1% Annual
Increase Since
1970

4. Projected Prices to 2036
4%
5%

5. GTA Population Growth
 The Ontario Ministry of Finance
expects population growth in the
GTA to grow from 5.5 million to 7.7
million by 2025

6. Why Are They Coming To
Toronto?
Why Are They Coming To
Toronto?
Just how expensive—or not—is it to buy a condo in Toronto?
The city sits at No. 15 out of 94 on the Global Property Guide’s
ranking of the World’s Most Expensive Cities, based on
average U.S.-dollar prices per square foot of centrally located
condominiums (assuming a 550 square feet—one-bedroom unit)
Price in Toronto: $385,000
CHEAP compared to…
Monaco $3,056,270
London $1,194,000
Hong Kong $839,000
Tokyo $658,000
New York $615,000

7. The 'Manhattanization' of Toronto
 83.4% of people in New York City live in Condos or
Apartment Buildings.
 70% of people in Toronto and surrounding areas live
in Condos or Apartment Buildings.
In Toronto, prices for single detached homes and
townhomes are projected to go up 30% to 50% in the
next decade.
Condo living is sure to be the default housing option
for those wanted to live in the city.

8. Toronto’s red-hot condo rental market is
showing no signs of cooling down
 Over the past two years, rents have risen by
more than 10%, equal to an additional $170 per
month or 23 cents per square foot on average.
 Demand for renting condos has heated up with
less first-time buyers. Rental transactions have
exceeded resale volumes in the condo market
since mid-2012.
 Investors are increasingly choosing to hold their
units rather than flip them for sale.
Press Release: 2013 by Urbanation Canada’s leading condominium market research company.

9. Toronto’s red-hot condo rental market is
showing no signs of cooling down
 Toronto's condo boom showed no signs of slowing in 2014,
as the number of units rented last year across the GTA
increased by 15 per cent from the previous year's level
According to Urbanation, 22,765 condos were rented out
across the city via the MLS website — and that figure doesn't
include rentals that are arranged privately or through websites
such as Craigslist and Kijiji.
The yearly figure is up by 15 per cent from 2013's level, but it's
well over twice the level seen as recently as 2010, when there
were only about 10,000 condos rented in the city.
Urbanation 2015

10. Toronto Star, February 2nd
2015
 New condo sales soared back in 2014 from their
2013 slump, with developers across the GTA
recording their third-highest level for sales ever,
behind the previous highs of 2011 and 2007,
according to market research firm Urbanation
Rental demand was also up and investor interest in
Toronto’s condo market remained strong as first-time
buyers found themselves increasingly priced out of the
low-rise house market across the GTA.
The average selling price of a new condo reached $560
per square foot across the GTA in the fourth quarter of
2014, the strongest rate of growth recorded in two years

11. About the
Building

22. About the
Spectacular
Location

23. King Sixty has a
Walk Score of
100 out of 100
and a Transit
Score of 100 out
of 100.
This location is a
Walker’s
Paradise which
means daily
errands do not

24. Downtown 55East 55
KING SIXTYKING SIXTY

25. With TTC Transportation Right
Outside Your Door
WALK TIMES FROM KING SIXTYWALK TIMES FROM KING SIXTY
GROCERY STORES:
Metro: 3 Minutes
Family Food Market: 4 Minutes
Manotas Organic & Fine Foods: 4 Minutes
St Lawrence Market: 4 Minutes
Rabba Fine Foods: 4 Minutes
BANKS:
CIBC: 3 Minutes
Royal Bank: 3 Minutes
TD Canada Trust: 3 Minutes

26. With TTC Transportation Right
Outside Your Door
WALK TIMES FROM KING SIXTYWALK TIMES FROM KING SIXTY
LOCAL ATTRACTIONS:
Antique Market
Flatiron Building
King Edward Hotel
St. James Cathedral
St. James Park
St. Lawrence Market
Sculpture Garden

27. With TTC Transportation Right
Outside Your Door4 Minute Walk To St. Lawrence Market4 Minute Walk To St. Lawrence Market
KING SIXTYKING SIXTY

28. With TTC Transportation Right
Outside Your Door
6 Minute Walk to George Brown
College
6 Minute Walk to George Brown
College

29. With TTC Transportation Right
Outside Your Door
TTC
FROM KING SIXTY
TTC
FROM KING SIXTY
4 Minute Walk To King
Station
KING SIXTYKING SIXTY

30. With TTC Transportation Right
Outside Your Door
MEET YOUR NEW NEIGHBOURSMEET YOUR NEW NEIGHBOURS
EAT:
Betty’s
Big Smoke Burger
Churrasco
George St. Diner
Kultura
La Petit Dejeuner
Nami
Origin
Rosewater Supper Club
Terroni
The Chef’s House
and many more…
SHOP:
Toronto Eaton
Centre
EQ3
Flux + Form
St. Lawrence
Market
Origo Books
Limitless
Roche Bobois
Jardin de Ville
Fresh & Prestige
and many more...

31. Investors
Earn 15.2%
Per Year*

32. 2.25% Variable 4yr mortgage 2.65% Fixed 4yr mortgage
Price 399,900$ Price 399,900$
20% Deposit 79,980$ 20% Deposit 79,980$
Mortgage 319,920$ Mortgage 319,920$
Monthly Expenses Monthly Expenses
Principal & Interest 1,223$ Principal & Interest 1,287$
Maintenance fees (.52 x 739sqft) 384$ Maintenance fees (.52 x 739sqft) 384$
Taxes approx. 1% 333$ Taxes approx. 1% 333$
Total Expenses 1,940$ Total Expenses 2,004$
Cash Flow Cash Flow
Income ($3.00 x 739sqft) 2,217$ Income ($3.00 x 739sqft) 2,217$
Expenses 1,940-$ Expenses 2,004-$
277$ 213$
Cash Flow $277 x 12 3,324$ Cash Flow $213 x 12 2,556$
Principal $31,262 / 4 7,816$ Principal $29,534 / 4 7,384$
11,140$ 9,940$
Return on Investment Return on Investment
$11,140 / $79,980 $9,940 / $79,980
13.9% Return on Investment 12.4% Return on Investment
* Representations and information contained herein do not form part of any Agreement of Purchase and Sale. Re/Max Realtron Hersh Condos Inc. Brokerage, Bel-East Corp do not warrant or represent
any or all of the figures and statements above. No placement of mortgage is guaranteed and it is the responsibility of each purchaser to arrange suitable financing. You are advised to verify all figures and
statements with your accountant and obtain independent legal advice. Price and availability are subject to change without notice 2015 E.&O.E.
Based on 4yr fixed and variable rates over a 30 yr amortization period
ROI Example - 739 Sqft

33. Own With
$7445*

34. 2.25% Variable 4yr mortgage 2.65% Fixed 4yr mortgage
Price 399,900$ Price 399,900$
20% Deposit 79,980$ 20% Deposit 79,980$
Mortgage 319,920$ Mortgage 319,920$
Monthly Expenses Monthly Expenses
Principal & Interest 1,223$ Principal & Interest 1,287$
Maintenance fees (.52 x 739sqft) 384$ Maintenance fees (.52 x 739sqft) 384$
Taxes approx. 1% 333$ Taxes approx. 1% 333$
Total Expenses 1,940$ Total Expenses 2,004$
Cash Flow Cash Flow
Income ($3.00 x 739sqft) 2,217$ Income ($3.00 x 739sqft) 2,217$
Expenses 1,940-$ Expenses 2,004-$
277$ 213$
Cash Flow $277 x 12 3,324$ Cash Flow $213 x 12 2,556$
Principal $31,262 / 4 7,816$ Principal $29,534 / 4 7,384$
11,140$ 9,940$
Return on Investment Return on Investment
$11,140 / $79,980 $9,940 / $79,980
13.9% Return on Investment 12.4% Return on Investment
* Representations and information contained herein do not form part of any Agreement of Purchase and Sale. Re/Max Realtron Hersh Condos Inc. Brokerage, Bel-East Corp do not warrant or represent
any or all of the figures and statements above. No placement of mortgage is guaranteed and it is the responsibility of each purchaser to arrange suitable financing. You are advised to verify all figures and
statements with your accountant and obtain independent legal advice. Price and availability are subject to change without notice 2015 E.&O.E.
Based on 4yr fixed and variable rates over a 30 yr amortization period
ROI Example - 739 Sqft