www.FortressRealCapital.com | Twitter: @FortressRC
The Harlowe
Modern Condominium Residences
SNEAK PEEK: INVESTMENT
OBJECTIVE IN TORONTO, ONTARIO
To provide a secured return on capital
by financing a highrise condominium
development in Toronto.
PROJECT FEATURES
• Harlowe is envisioned as another exciting addition to the
portfolio of towers launched nationally by Lamb Development
Corp. (LDC) and Fortress Real Developments (FRDI).
• Situated at Bathurst and Richmond St, the project is projecting
13 stories and expecting to contain over 210 units with
premium finishes.
• The red brick exterior is designed to evoke memories of the
neighbourhood’s rich and storied heritage past; this esthetic is
further enhanced with the placement of cabling on the exterior
as a homage to turn of the century construction.
• This project is the 3rd collaboration in Toronto between LDC
and FRDI; King Charlotte is already under construction and
Brant Park breaks ground later this year.
• LDC is headed by famed real estate impresario Brad J. Lamb;
his eponymous realty firm has completed over $8B in condo
sales over the past 20 years with an immaculate track record
for success.
“The Harlowe’s location at Richmond and Bathurst Streets
presents an exclusive opportunity to be seconds from the
unique vibe and boutique shopping of Queen Street West,
while having quick access to the Gardiner Expressway by car,
or to the downtown by streetcar via Bathurst Street.
The downtown west remains one of the most desirable places
to live in Toronto.” – Ben Myers, SVP Market Research &
Analytics, Fortress Real Developments.
DEFERRED LENDER FEE (DLF)
*See contract for details
*
RETURN OF PRINCIPAL
(At the end of your contract term)
INVESTMENT FEATURES
DLF
• Face amount of your investment is fully Registered & Secured
via a charge against the property. *Unique Feature*
• Your investment has a defined term & fixed return
• No variable units like mutual funds, segregated funds or limited
partnerships (LP’s)
• Available for purchase through Cash, RRSP, LIRA, LIF, RIF, RESP
& TFSA to residents of Ontario and Nova Scotia.
INVESTMENT SUMMARY
•
•
•
•
•
•
Current Raise: $7.9M
Estimated Returns: 36%
Investment Term: 3 years
Minimum Subscription: $25,000
Annual Fixed Distribution: 8% (paid monthly)
Developer: Lamb Development Corp.
Principal $100,000
Year 1
Year 2
Year 3
Totals
Interest Paid Monthly
$8000
$8000
$8000
$24,000
Principal Repayment
-
-
-
$100,000
Deferred Lender Fee
-
-
12%*
Total Inflow
-
-
-
$12,000
$136,000
Disclaimer: Fortress Real Capital is a product offered by Centro Mortgage Inc. (FSCO License 10102 - Nova Scotia. License 1722906). This
project is available to Ontario and Nova Scotia residents only. Final terms and conditions can be found in the loan agreements. Please speak
with a licensed mortgage agents/broker for more details. All project images displayed on this material are artist renderings only and are
subject to chang without notice.