Station Park | 18, 28, 36, 40, 50 fl | U/C

[Rainrider22]

This is a great discussion I’m glad ywe are  having it right now... I too want to know the real numbers. Without digging and digging online what were the day one pre-construction prices for one Victoria and what did they sell for upon occupancy and what did they sell for three years in? That and city centre are the only two genuine high-rise downtown Kitchener projects if we can compare apples to apples. You could group 100 condos into that but it’s still early days into occupancy.

Reindeer 22 when you speak of tax advantages are you referencing the interest on your line of credit payment, deductions such as utilities electricity and maintenance fees every month or something else?

Analysis of the vacancy rates is a good exercise… It really comes down to what major employers are gonna be opening up shop here attracting people to come and live? The connectivity to Toronto is extremely important and cannot be understated as well.  Go transit has just opened up a couple more options from Kitchener to and from Toronto but they had to cut down the time it takes and it’s still not all day 2 way.  The hyper loop looks scrapped all together under the ford government government

Yes I am talking about the things you listed.  Anything you can show towards the maintenance.  advertising, office supplies if you have it set up as a business.  It all adds up to extra money back at the end of the year.  Depending what kind of other investments yo have, you may have to pay taxes...  I am not a big time player. I am just an average family guy who wants a safe platform to build up some retirement income.  Once the places are paid for, it is income for my wife upon retirement.   Everyone is different, everyone has different expectations of how an investment should grow.  I am fine with a slow gradual climb knowing that my equity continues to build in my brick and mortars....