General Description

Price                    : $10000.00CAD
City                      : Markham
Province/State     : Ontario
Country                : Canada
Type                     : Residential Community Building Development
No. Bathrooms     : 450.00
No. Bedrooms      : 450

Details

Product Overview

✚A syndicate mortgage is when several investors
collectively fund one mortgage instrument

✚ There are no shares or units that change or fluctuate
in value (e.g. mutual funds, segregated funds)

✚ This allows the funding to move as one but still
individually note and reflect each investor's position

✚Every investor has their full face amount registered
in their favour at the Land Registry office
(administered by the Government of Ontario) with a
lien as their collateral

✚ This is a feature that is unique to syndicate
mortgages and is not available through any other
product

 

 

RSP, Registered Accounts & Self Directed Mortgages

You can use your RSP
and other registered funds
(LIRA, LIF, RIF etc)
to invest in
'self directed mortgages'

 

Subject properties located
in Canada can be
considered eligible
investments
as per the Income Tax Act

 

This allows you to take
your current savings,
transfer them to an account
with an eligible institution
(e.g. a Trust company) and
then invest in a
syndicate mortgage

 

Get real security and
collateral the way banks
do; invest and lend against
quality, appraised
real estate!

 

Wismer III

✚Wismer 3 represents Eldin's final phase of the
renowned Wismer Commons area; Markham's
signature new master planned community

✚ Other builders in the area include Greenpark, Best
Homes, Metrus, Ballantree, Windberry, Flato, Regal
Craft, Mattamy Homes

✚ Eldin's phase 2 sold out in record time of LESS than
one hour and built a waiting list of over 400
interested purchasers

✚ Eldin’s phase 1 was sold, built and delivered to new
home purchasers

 

 

Highlights
 

✚ Phase 3 is a combination of town homes and
condominium units

✚ 48 townhouses and 279,000 sq ft of condominium

✚ previous phases sold out quickly

✚ a similar and adjacent mixed townhouse &
condominium project is already at 50% tower pre-sales
within less than 6 weeks

 

 

Final phase of master planned Markham community

✚ Full sewer and water allocation

✚ Fastest growing part of GTA with large and thriving
multicultural communities

✚New Mount Joy Station is immediately across
the street; travel time to downtown is only 45mins

 

 

Wismer III Represents

 

 

 

 

✚ 36 month term

✚RSP eligible

✚ Investment will accrue interest at a rate
of 8% per year

✚ Interest is paid quarterly and noncompounding

✚ An additional lender fee is available
on larger orders that boosts the overall
rate of return

 

How to invest

✚ Cash (Certified cheque or Bank Draft in CDN currency)
✚New Contribution into an RSP account
✚Transfer of existing RRSP, LIRA, RRIF and LIF
✚ Minimum investment: $10,000

 

 

PROJECT OVERVIEW:     Eldin Homes’Wismer III site is the final phase of a new
residential community in Markham featuring the region’s top builders. Known as Wismer Commons,
Eldin Homes, Best Homes and Greenpark have all completed successful phases of different
residential projects. Developed by Metrus, Eldin’s Wismer III has both sewer and water allocation
for 48 townhomes and 279,000 sq. ft. of high-rise. The final draft plan was submitted and is under
review to maximize the high-rise density. Phase II of this development sold out in one hour and
Greenpark recently opened their high-rise sales centre. Wismer III is a unique opportunity with a
seasoned builder in a mature community that is part of the region’s master plan. We are pleased to
offer you the opportunity to invest in Wismer Commons III, a secured investment.

 

 

CONTACT US VIA EMAIL FOR MORE INFORMATION:    info@reico.ca