T he normal hustle and bustle of city life has returned to Toronto. We see it every day; from the increase of traffic on roads, the patios and bars jammed with customers, and the abundant delivery bikes dropping off food. High rates of local vaccination are helping people return to normalcy and relative safety.
In our sector of business, we use scales and metrics to analyze the future of Toronto (immigration rates, housing starts, for example). We chart the best course of action for small, medium and large real estate investors alike, bringing the best and most lucrative deals to our clients. By providing a strong and deliverable alternative to investors across Canada, we help ensure that the real estate market is by far, the safest and highest yielding investment class for our clients.
One of the most interesting and profitable sub sectors is the master-planned community, when looking at Toronto’s past, present and future real estate market. The scarce opportunities in these coveted projects capture our attention in their early stages, which is when we seek to become part of them. TCS clients who have been with us since the 90s will recall when they invested in three of Toronto’s master-planned communities, the initial phases of which produced significant returns on investment from the very beginning.
These legendary master-planned community developments included Concord CityPlace, Liberty Village, Distillery District, and King West. TCS brokered billions of dollars’ worth of transactions at the outset, establishing hundreds of millionaires through those deals, let alone the subsequent wealth created by the projects. TCS CityPlace investments in phases 1-5 (there are over 20 phases today) have seen a 5-7x gain! We aren’t referring to the cash-on-cash gains, but to the five-to-seven time multiplication of purchase price, since the initial pre-construction investment.
In this report, we talk about the value of these master-planned communities for the city of Toronto, its residents and its landowners. We discuss how the pandemic is increasing the demand for these developments and spurring them forward. And we explain why we are getting back into them, buying into the latest project which is sure to be as successful as its predecessors.
Our featured client of this quarter is Ahmad Mian, a real estate broker in Toronto. Ahmad has been a long-time client of TCS and brings a different perspective (as an agent but investor first) that you’ll be interested in reading about. The discussion with Ahmad goes through his views on the market from his position as a broker and about life and the state of the market during the pandemic. We are excited to bring you this interview with Ahmad, a decade-long client.