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Key selling points
- High rental return
- High capital growth
- Hands off investment
- High profile development
- Proven business model from a leading brand
- Let the Trump organisation work for you
We recently ran an advert offering the last available Club Trump Suite in Trump Towers, Toronto - which was absolutely correct. However, due to architectural changes on two floors a small number of suites have subsequently become available. There are now a total of 95 suites instead of the previously planned 91. These suites are slightly smaller than those previously sold but will still offer the same fantastic returns on investment.
Toronto is the fourth largest city in the whole of North America, usually referred to as the New York of Canada. It is the business capital of Canada and each year Toronto welcomes millions of visitors either in a tourist or business capacity. These visitors help give Toronto hotels an occupancy rate of 73% Amazingly Toronto does not currently have a five star hotel. Is it any surprise that the Trump organisation have chosen Toronto as the site of their next Trump Towers and the first one of its kind outside of the USA.
Sales of suites in Trump Towers, Toronto, as expected, have gone extremely well and there are just a very small number of suites available offering in the region of 650 square feet of accomodation of the highest standards. When complete Trump Towers will be THE place to stay for both tourists and business visitors to Toronto.
Investors in existing Trump Towers have seen remarkable returns on their investments. New York has seen capital growth in excess of 500% and Chicago prices doubled in 15 months. Rental returns have also been extremely impressive. Previous developments have largely been sold to investors from North America. The development in Toronto has been made available to UK investors and so far 91 UK investors have purchased suites. Would you like to be number 92 and reserve one of the last available suites?
A number of suites have been sold to small syndicates, usually family or friends.
This is how this hands off investment will work.
You make the reservation, sign the contracts, receive assistance with mortgage arrangements if required and then you sit back and watch the marketing arm of the Trump team fill your room for you. If anyone can fill a hotel then it has to be the Trump organisation. Trump Towers in New York achieves 80% occupancy with a lot of five star competition. The average hotel occupancy rate in Toronto is 73%
Here's the reason why the Toronto deal is so good. If occupancy rates of 70% are achieved with room rates 60% of those charged in New York then investors will receive an annual return on investment in the region of 40% which will be between £40,000 and £50,000 This ROI assumes a mortgage of 70% although loan to value mortgages may be available at completion.
Sounds too good to be true I hear you say.
The payment profile requires a 5% deposit, a further 5% after 6 months and another 10% after 12 months. The final 80% is payable on completion. With the possibility of a loan to value mortgage investors could potentially receive cashback at completion
There are other reasons to invest in Canada and Toronto. Canada has very close links with both the UK and the USA. It has one of the strongest economies in the world and is consistently voted the best place in the world to live. Toronto is Canada's business capital with millions of visitors each year with no five star hotel.
The Trump Organisation have one of the most recognised brands in North America. They have an unparralled track record of making money for themselves, their partners and individual investors. They have clearly done their research in choosing Toronto as their next major development and by filling the void of five star hotels will be creating a market that does not currently exist. Why don't you take the opportunity to purchase one of the last available suites and join in with this success.
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