University Towns will not be launching for several weeks, but as one of the top-selling agents for the developer’s previous projects: University Studios and University Suites, I have special insider access to this development NOW.
Due to the confidential nature of the project specifics at this stage, I cannot do the usual and give you the download link for the investor package.
If you would like to receive the investor package for University Studios Phase 2 and University Towns, the first step is to book a brief call with me this week.
The purpose of this 10-15 minute call:
-Go over the project details - prices, floor plans, ROI etc.
-Answer your questions
-Provide you with a link to the investor package and instructions for reserving a suite
SUITE MIX
This phase of the development will consist 2 unique parts providing an option for all investors.
First, there will be approximately 112 3-bedroom, 3 bathroom stacked town home units.
Second, there will also be a standalone 4-storey condo building with approximately 58 suites.
The suites in the condo building will be a mix of studios (36) and 3-bedroom/3-bathroom units (22).
DEPOSIT / OCCUPANCY / PARKING / LOCKERS / MAINTENANCE FEES
PRICE RANGES
Townhomes will range from approximately $320K - $360K
The lowest priced towns will be the lower-level row units fronting onto Simcoe Street
The highest priced towns will be upper-level end (corner) units with balconies
The studios will be starting from approximately $159K
The 3 bedroom apartments will be starting from approximately $314K
INCENTIVES - VENDOR LEASEBACK
All suites will come with a 2-year (24 months) vendor leaseback option (Rental guarantee).
The amounts will vary depending on the suite:
The studios will range between approximately $975 - $1050/month
The 3-bedroom apartments will be approximately $2000/month
The townhomes will range between approximately $2050 - $2175/month
INCENTIVES - PROFESSIONAL PROPERTY MANAGEMENT
All suites will also come with 2-years of professional property management at no cost. The management will be provided by Varsity Properties.
INCENTIVES - FULLY FURNISHED SUITES
The towns and the condos all come fully furnished including furniture, window coverings, even the TV in the living room.
They are turnkey investment properties, ready to produce income from day 1.
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