Invest in Canadian Real Estate Market and earn 10% Returns year after year
How is your current RRSP / RESP / TFSA or other investments performing. Last year, my RRSP’s managed by a big group insurance company made 4.9% return for the year. It’s 10 year performance? Just a measly 2%. Not even covering the cost of inflation over the same time. Have a look at the long-term performance of your portfolio and see if its time to look at something that’s paying out a contracted 10% return, year after year, after year plus a closing bonus. How can they give you 10% year after year when the other mutual funds have only managed 2 – 5% returns? Because you are investing in the Canadian Real Estate market, specifically downtown Toronto.
For more than a decade, Hi-Rise Capital has offered investors the opportunity to participate in the most innovative real estate development projects in the Greater Toronto Area (GTA). They focus on residential development projects that are unique, differentiated, and only in strong locations in the region. Their mission is to preserve our investors’ capital while enjoying the upside of strong growth. The project is partly funded by the Royal Bank, additional funding is still required the construction project which can be expensive. By allowing its investors to fund the project at a lower rate than bank rates, Hi Rise capital saves money and you get to enjoy fixed returns for the typical 4 – 6 year project life-cycle. Best of all its backed by quality real estate located in Toronto and also qualifies as a RRSP / RESP / TFSA investment!!!
The Project: Adelaide Street Lofts | Adelaide and John | Downtown Toronto
The upcoming Adelaide Street Lofts development is one of the most dynamic high-rise designs in downtown Toronto. At the corner of Adelaide and John, the development will retain the facade of the existing heritage building, a five-storey office building built in 1915. The high-rise is projected to stand 42 storeys with 328 mixed use residential units and commercial/office spaces. In close proximity to the Entertainment, Theatre, and Financial Districts, and minutes from the Rogers Centre, CN Tower, and Metro Toronto Convention Centre, the Adelaide Lofts building offers a prime location at the heart of urban Toronto.
• 42 Stories, Mixed Residential and Commercial
• 388 Residential Units
• Retail Ground Floor
• Close to all major amenities including Transit, Restaurants, Entertainment, Shopping, and the financial core of the city
• 263 Adelaide Street West, Toronto
• $178M anticipated project value, $40M capital requirement
PROJECT STATUS : 42 story rezoning application is currently pending with the City of Toronto. Given the approval of Mirvish Town Developments two towers of 82 stories and 92 stories in height, they are reviewing the current application to add more stories.
Getting a mortgage can be hard, we make it easy® | Mortgage Broker Lic # M14000543 / Brokerage Lic #12136 | 647-773-9001 | info@RedDogFinancial.ca | www.RedDogFinancial.ca | April 28, 2015