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[APARTMENT
BUILDING
99 John street South
HAMILTON]
JOINT-VENTURE OPPORTUNITY
PURCHASE PRICE: $1,100,000
CAPITAL NEEDED: $170,000 (50% shares)
MORTGAGE: 5,25% 70% LTV
PROJECTIONS: CAP RATE: +/-10 CASH FLOW:+/-4,000 /m
CASH ON CASH: +/-14%
PROPERTY PROFILE
25 BACHELOR APARTMENTS
2 RETAIL STORES
CENTRAL LOCATION By GO CENTRE
Gross Income per month $14,000
100% occupied stable established multi-unit building in Downtown
Hamilton by the GO Train Station and St Joseph Hospital
WATCH THE VIDEO
Visit the property!
http://youtu.be/zQWjPfDcgpQ
RENT ROLL
INCOME & EXPENSE
STATEMENT
FINANCING
OVERVIEW
CASH REQUIREMENT
AMORTIZATION / EQUITY BUILD-UP
Loan Summary ($770,000)
LEGAL OWNERSHIP
STRUCTURE
2245462 Ontario Inc
ZONING
LOCATION
Bachelor/Studio PICTURES
JOINT-VENTURE /
EQUITY PARTNER WANTED
Interested to INVEST and want to discuss further?
Call Laure Ampilhac.
(416) 358-9686 (877) 764-9492
ABOUT LAURE AMPILHAC
Eleven years ago Laure came to Canada from France and worked as an Account Executive for an IT
company (background in Business and International Commerce).
In 2009, she came across a real estate investing class (offered by Robert Kyiosaki
www.richdadeducation.com). She learned about the many exit strategies in Real Estate Investing.
She sold her house in Roncesvalles in 2009, started her real estate investing business and purchased a
house to flip with a partner in 2010. Then she purchased a triplex west downtown Toronto in 2011. It now
cash flows $1,700 a month (3 units bringing $3,800 of gross income).
She has now moved to Hamilton to find cash flowing properties for her own portfolio and her clients who
want to invest their nest egg in real estate. She is a hunter and always looks for new opportunities. She
uses her creativity, resourcefulness and taste in interior design to her advantage and the people she works
with and for.
Laure is well connected to the real estate investing Industry in Toronto (and has resources, a power team)
and is the organizer of the Real Estate Mixers (www.realestatemixer.ca)
EXPERIENCE
- Property management: finding tenants, managing tenants, maintenance and repair
- Property Analysis, Market research
- Finding good deals, negotiating, transforming spaces, finding private financing, etc.
TESTIMONIAL
Rich Dad Education (www.richdededucation.com Real Estate Investing Training Program ($10,000 spent)
Since 2009
- Masters Investor (basic introductory class)
- Lease Option
- Asset protection and tax relief
- Wholesaling
- Foreclosure/Rehab
- Negotiation
- Commercial Real Estate
CREDENTIALS
IOUS REAL Laure’s
EXPERIENCE
BUY FIX & HOLD
17 Silver avenue (Roncesvalles), Toronto
3 Bedroom semi detached house plus in-law suite in the basement
Occupancy Rate: 100%
Purchase Price: $285,000 plus $35,000 renovation in April 2005
Resale Price: $416,000 in June 2009
NET PROFIT:
$150,000
OVER 4
YEARS
-
-
-
-
-
BUY FIX & SELL
740 Brock ave North (Bloordale), Toronto
2 Bedroom row house
Remodelling of main floor (new kitchen, new floors) and total renovation on top floor (new insulation, new
walls, re-design of floor plans with addition of a 3-piece bathroom)
Purchase Price: $306,000 plus $60,000 renovation in October 2009
Resale Price: $432,500 in July 2010
NET PROFIT:
$15,000 OVER
8 MONTHS
-
-
(
-
-
-
-
BUY FIX & HOLD (Triplex)
1309 Davenport Rd (Dovercourt Village), Toronto
3 kitchens, 3 1-bedroom apartments on 3 floors
Purchase Price: $306,000 plus $42,000 renovation in January 2011
2 top floors remodelled (cosmetic renovation)
POTENTIAL NET
PROFIT:
$200,000
OVER 26
MONTHS
Lower floor/walk out basement with sunroom and garden: totally gutted, redesigned with new kitchen and
bathroom, new insulations, floor, and walls.
Market Value: $549,000 to $569,000 in May 2013
Monthly gross Income: $3800 : Top Floor $1,200, Main Floor $1,300,
Lower Floor $1,300
Monthly Cash flow: $1,700 per month (Mortgage
$1224, Interest/second mortgage, tax and utilities: $776)
BEFORE AFTER
MONTHLY
CASH FLOW:
$1,700
-
-
-
-
-
CEEYlEAM.ca Ken Campbell, MBA* 416-553-6376
Josie Miner+ 416-917-8386
Erin Salisbury·416-778-0546
Gary Walterhouse· 289-388-0867
Kerri Gaudet, 416-856-8287 Administrator
COMMON SENSE! UNCOMMON RESULTS!
Laure Ampilac
1309 Davenport Rd.
Toronto, ON. M6H 2H3
April1, 2013
Dear Laure Ampilhac,
I am pleased to provide an opinion of value of your home. I have included a CMA
of comparable sales in your neighbourhood.
Opinion of Value: $559,000
Please let me know if I can be of further assistance.
Sincerely,
This Letter of Opinion is an estimate of the market value of the subject property based on
a sale value that may reasonably achieved over the next 30-60 days. The Market Value
does not take into consideration any selling or lawyer fees due as part of the transaction
on closing.
Definition of market value: Market Value is the highest price that a property may bring if
offered for sale on a competitive and open market, allowing a reasonable time to find a
purchaser. Market value is an estimate of the price for which the property will sell under
four average sale circumstances which include: an informed buyer and seller; rational or
prudent behavior by both buyer and seller; no undue pressure on either party; and a
reasonable time is allowed to find a buyer.
REAL ESTATE
HOMEWARD
+Broker
* Sales Representative
B R 0 K E R A G E 1858 Queen St. E. Toronto, ON M4L 1H1 B. 416-466-2090 F. 416-693-4284
-
Subject Property
!"'
Comparative Market Analysis- 1309 Davenport Page 1 of5
II Listing Comparison II
-"'t F - f
Available Sold Sold
•'
'--' > · I' l I &' ,
MLS# C1950196
Address 1309 Davenp
Municipality Toronto
W2589948
ort Rd 1325 Davenport Rd
Toronto
C2559452
1235 Davenport Rd
Toronto
W2557206
1271 Davenport Rd
Toronto
Postal Code M6A2A3 M6H2H4 M6H2H1 M6H2H2
Taxes $2,303.63 $0 $2,136.22 $2,200
Price $570,000 - $590,000 $700,000 $589,000 $599,900
Type Semi-Detach ed Detached 565000 586000
Style 2-Storey 2-Storey 2-Storey 2-Storey
Rooms 6+2 8+2 6+2 6+1
Bedrooms 4+1 4 3 3+1
Washrooms 3 3 3 2
Kitchens 3
Family Room N
2
y 2
y 1
N
Basement Apartment, W/0 Finished, Sep Entrance Apartment Apartment, Sep Entrance
Fireplace/Stove N N N N
Heat Forced Air, Gas Forced Air, Gas Forced Air, Gas Forced Air, Gas
NC Central Air None Central Air
Garage Detached/1 Detached/2 None/0 None/0
Drive Lane Lane None None
Exterior Brick Brick, Stone Brick Brick
Pool None None None None
Approx. Sqft. Approx. Age Lot Size 15.6x90 Feet 20x117 Feet 18.63x78.66 Feel 16.09x80.29 Feet
Contract Date 3/26/2013 2/15/2013 2/12/2013
Sold Date 2/26/2013 2/20/2013
Expiry Date 9/25/2013 5/15/2013 8/12/2013
Days On Market 6 11 8
Original Price $700,000 $589,000 $599,900
Listing Price $570,000-$590,000 $700,000 $589,000 $599,900
Sold Price $565,000 $586,000
Adjustments Price $570,000- $590,000 $700,000 $589,000 $599,900
Adjustment Adjusted Price $570,000 - $590,000 $700,000 $589,000 $599,900
• denotes a change in the data
Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2001
http://www .torontomls.net/CMA/cma_Print.asp?Name=1309%20Davenport&Cls=Free 4/1/2012
Thank you for your consideration and let’s make this property a successful
venture!!
Laure