LSQ2 By Almadev: YOUR GATEWAY TO A VIBRANT COMMUNITY
Almadev is a multi-billion dollar real estate development, investment and asset management company. Almadev develops and manages best-in-class master-planned communities and mixed-use properties across Canada and the United States.
Its world-renowned large-scale, multi-phase development projects include Emerald City and Galleria on the Park in Toronto and Citè Nature in Montreal. Among its latest project acquisitions is a 12-acre mixed-use site at Rutherford Road in Vaughan. Together with Agellan Commercial, the company owns over seven million square feet of industrial, commercial and retail properties.
REGISTER NOW
Register Now To Automatically Receive Price Lists, Floor Plans, Incentives, Etc.
wHY INVEST IN lsq2 by almadev?
MASTER-PLANNED COMMUNITY: fORCED APPRECIATION
LSQ2 is the second residential tower in the LSQ community, featuring 30 stories featuring an abundance of social and wellness-inspired amenities, along with three new pedestrian-friendly, tree-lined streets that surround a central park space. At the same time, European-inspired outdoor spaces with 5,000 SQFT of retail space serve as ideal gathering places for residents and the broader community. Historically, investors in master-planned communities benefit from forced appreciation by the builder as each tower sets a bench-mark price.
new growth coming to the area
LSQ is centrally located with a wide array of shopping, dining, parks and amenities in the community, and has easy access to downtown Toronto and the rest of the GTA.
The job opportunities and growth in this area are substantial; Consumers Road Business Park currently boasts over 20,000 jobs and is expected to grow substantially, creating an additional 13,500 jobs. Currently housing 4.5 Million SQFT of commercial office space, this will effect the future growth of LSQ and prove it to be a solid investment over the years.
lucrative Return On Investment
Similar condos in the area are trading around $1,000 PSFT while appreciating by about 6.5%, while LSQ2 has an average price PSFT of around $1,200 and closes in 2028. Not only is there a lot of value in the price PSFT for LSQ, but historically, investors benefit from greater appreciation returns investing in master-planned communities like LSQ.
Not to mention the strong rental market in North York which has seen tremendous appreciation and one of the highest rental rates at $4/PSFT.
Limited Time Incentives
right To Assign
Capped Development Charges
Right To Lease During Occupancy
Extended Deposit Structure
VIP Pricing
LSQ2
LSQ2 is the second residential tower in North York's best-selling master-planned community of 6 residential buildings. LSQ2 offers an abundance of wellness & social-inspired amenities and ground-floor retail space in a centrally located neighbourhood.
Developer: Almadev
Location: North York, Toronto, ON
Storeys/Suites: 30 / 258
Occupancy: 2028
Project Investment Numbers* BY UNIT TYPE
-
First-Year ROI: Anticipated To Be 30%
Cap Rate: 4%
-
First-Year ROI: Anticipated To Be 31%
Cap Rate: 4%
-
First-Year ROI: Anticipated To Be 30%
Cap Rate: 3.6%