Mount Dennis Townhomes

Toronto, ON

All INCOME SERIES opportunities are made available through Core Capital Partners Inc. (FSCO Brokerage License No. 12497) and Core Mortgage Admin Corp. (FSCO Brokerage License No. 12344 and Mortgage Administration Lic. No. 12345).

Mount Dennis stacked townhomes are located in the newly revitalized and upcoming neighbourhood of Mount Dennis. Mount Dennis Mobility Hub, currently under construction, is just steps away from the property. When construction is completed, the Hub will provide access to the Eglinton-Crosstown LRT line, a new GO Transit stop with connection to the Kitchener line, as well as as access to the Union-Pearson Express route.

The Mount Dennis development site sits on 1.87 acres, and already enjoys Site Specific Zoning Approval for 71 stacked townhomes. Zoning Approval was granted by the Council of the City of Toronto on July 9, 2015 and enacted through BY-LAW NO. 764-2015.

Total Offering: $3,000,000.00

Minimum Investment: $35,000.00

Investment Term: 36 Months

Return: 8.00%

Location: Toronto, ON

Status: Funded

 

DISCLAIMER: Syndicated Mortgage Investments have inherent risks and may not be suitable to all investors and are subject to risks arising from rapidly changing market conditions. All investments in real estate are speculative. There may be or may not be a secondary market that syndicated mortgage investments may be sold. Unforeseen circumstances may develop such as delays, such as zoning or municipal approvals, project experiencing funding issues and execution risks. An investment in mortgages should not constitute a major portion of your investment. You should carefully assess the risk of mortgage investments before making a commitment to invest. All prospective investors are advised to obtain project’s due diligence package and risk disclosures statements from their licensed mortgage professionals. Licensed mortgage agents/brokers are required to close all transactions. This mortgage investment is not guaranteed by the Government of Ontario. Trustee fees may apply. Contact your mortgage agent for more details.