INVESTMENT OFFERING
263 Adelaide | 263 Adelaide Street West, Toronto
Disclaimers
This material is for informational purposes only and is not intended as a solicitation for investment or purchase. This information is of a general nature only. It should not be used, relied upon, or treated as a
substitute for professional financial planning advice. Investments with Hi-Rise are subject to risks arising from rapidly changing market conditions. All investments in real estate are speculative. Currently, there is
no secondary market through which Hi-Rise mortgage investments may be sold and this secondary market may never develop. The anticipated return on a mortgage investment with Hi-Rise is based on
performance estimates and assumptions. While Hi-Rise intends to make regular interest payments to its investors, such interest payments may be reduced or suspended. The amount distributed to investors will
depend on numerous factors including, but not limited to, the applicable borrower’s financial performance, debt covenants and obligations, interest rates, and future capital requirements. A potential investor
should only invest in a mortgage if the investor is able to bear the risk of the entire loss of its investment and has no need for immediate liquidity. An investment in a mortgage should not constitute a major portion
of the investor’s portfolio. All mortgage investments carry a risk. You should very carefully assess the risk of this mortgage investment before making a commitment. The mortgage investment is not insured by the
Government of Ontario.
FOOD
STATUS
OFFERING SUMMARY
EXAMPLE OF $100,000 INVESTMENT
A re-zoning application for 42 storeys is pending with the City of
Toronto. Given the approval of the Mirvish site, two towers 82 and
92 storeys in height and the surrounding already built and approved
projects in the immediate area, we are reviewing our current application
for a possible amendment for greater density in line with the City of
Toronto Official Plan.
OVERVIEW
49 storeys, mixed use residential and commerical development
consisteing of 435 residential units with retail on the ground floor
level located in downtown Toronto close to all major amenities, including
transit, restaurant, shopping and the financial core.
INVESTMENT TERM
DISTRIBUTION TO INVESTORS
RETURN
$25,000
Cash and Registered accounts
(RSP, RIF, LIF, LIRA, TFSA)
Investors can transfer their registered
investments without tax consequences
Mortgage registered against property
48 months
Paid Quarterly
2% bonus paid upon project completion)
12% per annum (10% per annum with
MINIMUM INVESTMENT
ELIGIBILITY
SECURITY
PROJECT HIGHLIGHTS
263 Adelaide will be a 49 storey, mixed-use residential and commercial
development located at 263 Adelaide Street West, Toronto.
The development will be a Class “A” purpose built rental apartment.
Ideal Location
263 Adelaide is situated in prime real estate, located in the heart of the
Entertainment District at the corner of Adelaide and John Street. Close
proximity to the Theatre District on King Street West, near Roy Thomson
Hall, the Princess of Wales Theatre, the Royal Alexandra Theatre, and
the TIFF Bell Lightbox. All host the city’s premier entertainment events.
Strong Rental Growth
The Entertainment District has experienced solid growth in rental rates
becoming one of the most expensive submarkets to rent in Toronto behind
Bloor-Yorkville. In the last 5 years, rents per square foot have increased
nearly 20% to approximately $3.00 PSF.
Demand for Purpose Built Rental
The significant increase in Toronto home prices has created a major barrier
to home ownership. With the average detached home price in Toronto
above $1 million, many people simply cannot afford the down payment
and ownership costs. This has led to strong demand for high quality purpose
built rental as people look for a professional managed secure source of housing.
Existing Property
For Further Information Contact
200 Adelaide Street West, Suite 401, Toronto, ON M5H 1W7
Tel: (416) 865-3398 Fax: (416) 865-3399
info@hirisecapital.com | www.hirisecapital.com
*Investors must remain invested in project until completion to receive bonus
PROJECT ADDRESS
NUMBER OF STOREYS
OFFICIAL PLAN
SITE AREA
BUILDABLE
RENTABLE
RESIDENTIAL UNITS
AVERAGE UNIT SIZE
PARKING STALLS
PARKING LEVELS
LOCKERS
ANTICIPATED COMPLETED PROJECT VALUE
RAISE
263 Adelaide St W Toronto
49
Regeneration
15,315 SF
387,848 SF
303,834 SF
435
698 SF
120
5
435
$240,300,000
$60,000,000
UNIVERSITYAVENUE
ROY THOMSON MALL
263
ADELAIDE
SPADINAAVENUE
PETERSTREET
JOHNSTREET
DUNCANSTEDMIRVISHWAY
SIMCOESTREET
TTC ST
ANDREW
STATION
ROYAL
ALEXANDRA
THEATRE
PRINCESS OF
WALES THEATRE
TIFF
BELL
LIIGHTBOX
KING STREET
ADELAIDE STREET
Interest
Bonus Interest*
Principal
Repayment
Total
Year 1 Year 2 Year 3 Year 4 Total Earned InterestEarned
$10,000
-
-
$10,000
-
-
$10,000 $10,000 $40,000
$8,000
$100,000
$148,000
-
40%
8%
48%
-
-
-
-
Mortgage Brokerage #10897 | Mortgage Administrator #11893
INVESTMENT OVERVIEW
Hi-Rise Capital is offering the opportunity to invest in the purpose
built rental development known as 263 Adelaide located at 263
Adelaide Street West, Toronto
MAP
OVERVIEW OF THE DEVELOPMENT

#8 Adelaide Info Offering-one pager

  • 1.
    INVESTMENT OFFERING 263 Adelaide| 263 Adelaide Street West, Toronto Disclaimers This material is for informational purposes only and is not intended as a solicitation for investment or purchase. This information is of a general nature only. It should not be used, relied upon, or treated as a substitute for professional financial planning advice. Investments with Hi-Rise are subject to risks arising from rapidly changing market conditions. All investments in real estate are speculative. Currently, there is no secondary market through which Hi-Rise mortgage investments may be sold and this secondary market may never develop. The anticipated return on a mortgage investment with Hi-Rise is based on performance estimates and assumptions. While Hi-Rise intends to make regular interest payments to its investors, such interest payments may be reduced or suspended. The amount distributed to investors will depend on numerous factors including, but not limited to, the applicable borrower’s financial performance, debt covenants and obligations, interest rates, and future capital requirements. A potential investor should only invest in a mortgage if the investor is able to bear the risk of the entire loss of its investment and has no need for immediate liquidity. An investment in a mortgage should not constitute a major portion of the investor’s portfolio. All mortgage investments carry a risk. You should very carefully assess the risk of this mortgage investment before making a commitment. The mortgage investment is not insured by the Government of Ontario. FOOD STATUS OFFERING SUMMARY EXAMPLE OF $100,000 INVESTMENT A re-zoning application for 42 storeys is pending with the City of Toronto. Given the approval of the Mirvish site, two towers 82 and 92 storeys in height and the surrounding already built and approved projects in the immediate area, we are reviewing our current application for a possible amendment for greater density in line with the City of Toronto Official Plan. OVERVIEW 49 storeys, mixed use residential and commerical development consisteing of 435 residential units with retail on the ground floor level located in downtown Toronto close to all major amenities, including transit, restaurant, shopping and the financial core. INVESTMENT TERM DISTRIBUTION TO INVESTORS RETURN $25,000 Cash and Registered accounts (RSP, RIF, LIF, LIRA, TFSA) Investors can transfer their registered investments without tax consequences Mortgage registered against property 48 months Paid Quarterly 2% bonus paid upon project completion) 12% per annum (10% per annum with MINIMUM INVESTMENT ELIGIBILITY SECURITY PROJECT HIGHLIGHTS 263 Adelaide will be a 49 storey, mixed-use residential and commercial development located at 263 Adelaide Street West, Toronto. The development will be a Class “A” purpose built rental apartment. Ideal Location 263 Adelaide is situated in prime real estate, located in the heart of the Entertainment District at the corner of Adelaide and John Street. Close proximity to the Theatre District on King Street West, near Roy Thomson Hall, the Princess of Wales Theatre, the Royal Alexandra Theatre, and the TIFF Bell Lightbox. All host the city’s premier entertainment events. Strong Rental Growth The Entertainment District has experienced solid growth in rental rates becoming one of the most expensive submarkets to rent in Toronto behind Bloor-Yorkville. In the last 5 years, rents per square foot have increased nearly 20% to approximately $3.00 PSF. Demand for Purpose Built Rental The significant increase in Toronto home prices has created a major barrier to home ownership. With the average detached home price in Toronto above $1 million, many people simply cannot afford the down payment and ownership costs. This has led to strong demand for high quality purpose built rental as people look for a professional managed secure source of housing. Existing Property For Further Information Contact 200 Adelaide Street West, Suite 401, Toronto, ON M5H 1W7 Tel: (416) 865-3398 Fax: (416) 865-3399 info@hirisecapital.com | www.hirisecapital.com *Investors must remain invested in project until completion to receive bonus PROJECT ADDRESS NUMBER OF STOREYS OFFICIAL PLAN SITE AREA BUILDABLE RENTABLE RESIDENTIAL UNITS AVERAGE UNIT SIZE PARKING STALLS PARKING LEVELS LOCKERS ANTICIPATED COMPLETED PROJECT VALUE RAISE 263 Adelaide St W Toronto 49 Regeneration 15,315 SF 387,848 SF 303,834 SF 435 698 SF 120 5 435 $240,300,000 $60,000,000 UNIVERSITYAVENUE ROY THOMSON MALL 263 ADELAIDE SPADINAAVENUE PETERSTREET JOHNSTREET DUNCANSTEDMIRVISHWAY SIMCOESTREET TTC ST ANDREW STATION ROYAL ALEXANDRA THEATRE PRINCESS OF WALES THEATRE TIFF BELL LIIGHTBOX KING STREET ADELAIDE STREET Interest Bonus Interest* Principal Repayment Total Year 1 Year 2 Year 3 Year 4 Total Earned InterestEarned $10,000 - - $10,000 - - $10,000 $10,000 $40,000 $8,000 $100,000 $148,000 - 40% 8% 48% - - - - Mortgage Brokerage #10897 | Mortgage Administrator #11893 INVESTMENT OVERVIEW Hi-Rise Capital is offering the opportunity to invest in the purpose built rental development known as 263 Adelaide located at 263 Adelaide Street West, Toronto MAP OVERVIEW OF THE DEVELOPMENT