LSQ 2
Who is the Developer?
Almadev
What is the maintenance fees for 75 James
$0.56 / sq ft / month
What is the major Intersection for the project?
Wilson St & John St N.
What is the current interest rate?
2.75%
Name at least two projects by the developer.
1. Emerald City (North York, Toronto)
2. Galleria on the Park (Toronto, Dupont & Dufferin)
Name the Lawyer and Trust details
TORKIN MANES LLP IN TRUST
Name the Developer?
Emblem
Whats the current Inflation Rate?
1.7%
What are the exclusive Incentives SY has compared to others?
1. Upfront Price Discount upto $150,000
2.Hard cap for development charges at $5k
3. Occupancy fees capped at 2% Interest
What is the current population and what is projected population growth by 2041 in Hamilton?
Current Population: 579,200
Expected Population: 780,000
Project Details:
1. How many stories and suites?
2. When is the occupancy?
1. 31 Stories and 931 Suites
2. Est. Occupancy Q1 2028
How to calculate prime lending rate?
Overnight Rate + 2.2%
Name the HWYs and Go station close to the project.
Hwy 404, 401, DVP
Agincourt Go & Oriole Go station
Don Mills Station
What is the lowest price for different unit types?
Studio -$263925
1B - $413100
1B+ D -$455175
2B -$460530
Name any 3 projects completed or under construction by the developer?
1 Jarvis in Hamilton
Design District tower A in Hamilton
Artform Condos in Mississauga
Arte Condos in Mississauga
Name atleast two documents that Investor has to provide to CRA for applying HST rebate?
1. Agreement to Lease for atleast 1 year
2. NRPF (new residential profit form)
Name any 5 employers in the area.
1.Square Yards
2.Rogers
3. Reliance
4. Belair Direct
5. American express
6. Enbridge
7.Almadev
What are the exclusive incentives SY has for 75 James?
Price Discount upto $80,000 depends on the units
All the levies + Meter Installation capped at 0
Cheque Handling Fees to be capped at $250
Name atleast 5 amenities in the building?
Fitness Room
Rooftop Terrace
Yoga Studio
Co-Working Lounge
Outdoor Pool
Calulate the base price for the amount of $800,000 and 6% commission.
Purchase price + $24000/1.13 = Base Price
$800,000+$24000=$824,000/1.13
$824,000/1.13 =$729,203.54 (base price)
$729,203.54 *6% =$43,752.21