Trump International Toronto **1/2 GIG IMAGE WARNING**

Anyone interested tro buy one in a group as an investment, you need like 5 people if you're gonna buy one.

I'm interested, is there more info to this??

here's a photo that i dont think they've released yet:

Originally Posted by eqlsp

I'm interested, is there more info to this??

www.trumptoronto.ca then e-mail kay@kayfisher.ca - if we get enough investors we could form a parnership and go in together. they start at $ CAD 680 000

this is what i e-mailled my self from the office after making the logo the desktop background for all users:
http://kayfisher.trumptoronto.ca/tools/factsheet.pdf
http://kayfisher.trumptoronto.ca/too...s_Features.pdf
http://kayfisher.trumptoronto.ca/tools/hotel.pdf
http://kayfisher.trumptoronto.ca/too...PriceHotel.pdf
http://kayfisher.trumptoronto.ca/too...nce_101504.pdf
http://kayfisher.trumptoronto.ca/too...GM_Skyline.pdf
http://kayfisher.trumptoronto.ca/too...lex_120404.pdf
http://kayfisher.trumptoronto.ca/too...orner_4x10.jpg
http://kayfisher.trumptoronto.ca/too...hts_7.5x10.jpg
http://kayfisher.trumptoronto.ca/too...Day_7.5x10.jpg

sorry mods, if i remove kayfisher from the URL, it won't load because this is stuff they haven't released to the public yet

man I wish I had the $$$, i would have jumped in to this. Too bad I can't even pay off my university debt yet (cause i'm still stuck in it).

i think you mean half meg image. lol

Personally, I would stay away from Shnaider's "Trump Tower" investment, and if I were in the market for something extravagant, go with the trusted Stinson Property's Sapphire Tower project, which will out-trump the, er...Trump. Unlike Shnaider and Trump, Stinson has experience in Condo-Hotel development in Toronto (where the formers specialize in Eastern Europe and New York respectively--most of Trump's non-New York properties are often flipped to other developers) and actually delivers on numbers, not PR-Hype.

When it comes to long-term property investment, management is key. Mis-managed developments yield more trouble than dividends, and putting your money on a brand new player is very risky; putting $680,000+ on a company with NO track record is just plain nuts. Their European and American experience has very little meaning, as does someone with a law degree from another country (the market is different; what works in one place will not necessarily work in another).

As it appears, the "Trump" (I keep putting quotes because Trump International isn't managing the project, just licensing its name in its part of the partnership) is trying to bank on The Donald's brand and flamboyant image, while still trying to drum up financing with a rented Yacht in the Pacific. This is no big deal, as lots of companies through big parties to draw investors, but what's lacking in this project is the skill and experience; this is Shnaider's first such project, and he's starting big; he should have started small yet similar (managing a commercial plaza is completely different compared to a residential condominium/hotel). I've stayed at a few Trump properties in the past, and found them unimpressive with other similar buildings; the only thing Trump does that stands out is having the cleaning crew working during the day (as opposed to evenings/nights as is the norm) to give the impression that they are constantly cleaning the place, mores than anyone else. Trump's specialty in New York is converting large, old distressed properties into hotels and shopping centres; building from scratch is not his forte (in the NBC deal, he leased out the land after acquiring it from a bankrupted firm, someone else built and managed it), so even if Trump himself looked after this project himself, it would not necessarily be a hit, based on his track record.

Another turnoff for me about the Trump Toronto is the mis-leading fact sheet, with one example that boasts it as being Toronto's largest residential property at 70 stories, which anyone can see it not true with a simple visit to City Hall and find that the tallest permitted building is the Sapphire, at 80+ stories. This little lie is no big deal (although a legal blunder) but begs the questions: what other lies are the developers pushing to sell this modern-day marvel? What are they omitting? Totally untrustworthy, and unacceptable in my books.

Now, it may seem that I am biased in favour of the Sapphire, but I am merely comparing two similar projects. If I were to compare the Trump with a Tridel, Meneke or Daniel's project, then that would not be comparing apples to apples; currently these are the only two projects of similar scope in the works.

Dude, try resizing your picture and hosting with www.imageshack.us or something...people might garner more interest if they can see the entire picture!

Originally Posted by cheap sk8

Another turnoff for me about the Trump Toronto is the mis-leading fact sheet, with one example that boasts it as being Toronto's largest residential property at 70 stories, which anyone can see it not true with a simple visit to City Hall and find that the tallest permitted building is the Sapphire, at 80+ stories. This little lie is no big deal (although a legal blunder) but begs the questions: what other lies are the developers pushing to sell this modern-day marvel? What are they omitting? Totally untrustworthy, and unacceptable in my books.

I don't particularly disagree with your other arguments. However, above may be a matter of timing? Sapphire, I think, was announced quite a few months after Trump Toronto.

And which address will be more prestigious & more marketable? I suspect Trump. Stinson is such a 'nice' guy. As a friend, I'd probably prefer him to Donald, but for an investment property, ?.

I would rather buy the Stinson building myself too ...

As an investment option, I wouldn't recommend a parternership with people you don't know. I wouldn't really recommend a partnership with family or friends either. They cause too many problems.

What is the purpose of the investment? Will you sell it later (hopefully at a profit), or will be be a rentable property?

How much are we talking per person approx?

Originally Posted by hamidrizvi

How much are we talking per person approx?

200 mill each

If 5 ppl go for one of the two-bedrooms, it would be $335 000 per investor.
Mortage would require standard builder's requirement for condos - 25% (usually with in 180 days for new condos).

we can get a hotel residence, which is a condominium inside the hotel and we could participate in the hotel program to allow them to rent the room and we would get some $$$ out of it, but renting it out thtough MLS and advertising might net us more per month, 135 600 per investor for a studio - 160 800 per investor for a one bedroom