Have you always wondered how the world of executive rentals work? How are some investors able to get $3000, $4000 sometimes upwards of $5000 in rents on their condos? Join us to hear Rick Aubry speak! Rick is the Managing Partner at Premiere Suites and will be teaching us all about the world of executive rentals!
For most unsophisticated consumer-level investors, cashflow negative between $200-$400 is a reality when buying a regular investment condo. As sophisticated investors, this isn't good enough for us. We are supposed to be sophisticated, so let's act like it!! By thinking creatively and strategically, we can potentially offset or circumvent this negative cashflow. Executive rentals may be the solution: it may be the rental strategy that we employ in order to support your acquisition strategy, allowing you to continue to invest.
More importantly, learn how this can potentially creates a new opportunity for making condos work again... opening the door to investing in Toronto with lower amounts of investable capital. While we still believe in triplexes in downtown Toronto, not everyone has $300-750k of capital available to be able to buy/create a luxurious cashflowing triplex. But perhaps you have $150-200k of capital available? Wouldn't it be great to also be able to cashflow positive with lower amounts of capital... WITHOUT having to go outside Toronto to the smaller, more risky towns just because it is "cheaper"? While at the same time, rest assured knowing that your property is being occupied by an corporate executive level individual who treat the property like their own?
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Volition Properties
Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.
[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]
2. Life's Too Big For a Hotel Room
Premiere Suites is the most recognized and trusted provider
of luxury temporary residences for professionals and families
all across Canada. With over 1,500 suites in 38 cities, we’re
bound to have one that’s just right for you.
3. What Defines Us
Our Philosophy
We’re about people, not properties.
Our Promise
Our luxury temporary residences provide more of the amenities of home, so guests can take more of their life
with them.
Our Guarantee
If you are not completely satisfied with any Premiere Suites, inform us of their concerns within 24 hours of
check in. We will be happy to move them to another available suite or refund the payment.
4. • Minimum 4-star standard across Canada
• Bachelor, one, two, three & four bedroom suites
• Fully-equipped kitchen with full size appliances
• Living and dining room
• Hardwood or laminate floors in most
• Flat panel TV/CD stereo/DVD with Digital cable
• Dedicated work space
• Complimentary high speed internet (Wi-fi and wired)
• Private telephone line with free local calling and voice mail attached
• Separate bedroom furnished with queen or king beds
• Bi-weekly housekeeping services
• High quality bedding, linens and towels
• In-suite laundry facilities
• Private balcony in most locations
• Parking available at all locations
• Pools & fitness centres in many location
Premiere Suites At a Glance
5. Locations
Newfoundland: St John’s
Nova Scotia: Halifax, Dartmouth, Bedford, Sydney
New Brunswick: Fredericton, Moncton
Quebec: Montreal, Gatineau, Quebec City
Ontario: Toronto, Ottawa, North York, Markham,
Mississauga, Oakville, Burlington, Kitchener,
Vaughan, Waterloo, Richmond Hill
Manitoba: Winnipeg
Saskatchewan: Regina, Saskatoon
Alberta: Calgary, Edmonton, Fort McMurray,
Canmore
British Columbia: Vancouver, Victoria, Abbotsford,
Burnaby, Coquitlam, Chilliwack, Invermere, Langley,
Richmond, Surrey
• Branch Offices 15
• Cities 43
• Buildings 400
• Suites 1,500
6. Some of our Clients
• Consultants - KPMG, EY, PWC
• Financial – RBC, TD, BMO
• Technology – Shopify, IBM, Apple
• Construction – EllisDon, Aecon, Michaels
• Manufacturing – Bombardier, Ford
• Relocation Firms
• Hospitals / Rehabilitation
• Insurance – Intact, Aviva, RSA
8. Present Downtown Properties:
Element – 20 Blue Jay Way
Maple Leaf Square – 65 Bremner Blvd.
ICE – 14 York Street
87 Peter Street (New*)
Festival Tower – 80 John Street
300 Front Street
*1-Bedroom 2-Bedroom 3-Bedroom
$140 – 165 $180 – 220 $230-250
9. Rental Revenue
Revenue Share (Rate x %Occ. x Nights x %Share)
•1 Bedroom - $150 x 85% x 30nights x 72% = $2750
•2 Bedroom - $200 x 85% x 30nights x 72% = $3675
•3 Bedroom - $240 x 85% x 30nights x 72% = $4406
* Parking - $15 x 85% x 30nights x 80% = $305
10. Benefits leasing to Premiere Suites:
• Long term responsible tenants
• Well-furnished and fully serviced to a 4 star rating
• Units well maintained, cleaned and inspected on a regular schedule
• Financially stable – Rent Paid on time and every month
• Exceptional working relations with property management
• Open communication with Owners
• Upscale corporate Guests – avg. stay over 90 nights
• Insured & Responsible
• Professionally Audited