Dear Lenders, FIVE STAR ***** ULTRA MODERN COMMERCIAL HOSPITALITY RESIDENTIAL RENTAL DINING POSH AMENITIES DEVELOPMENT PROJECT PRIME LAKESIDE DEVELOPMENT LOT SUBURB OF TORONTO ONTARIO CANADA

[DESIGNER.DEVELOPER.GLOBAL.GROUP]

Dear Lenders, 

 

FIVE STAR ***** 

ULTRA MODERN 

COMMERCIAL HOSPITALITY RESIDENTIAL RENTAL DINING 

POSH AMENITIES

DEVELOPMENT PROJECT 

PRIME LAKESIDE DEVELOPMENT LOT

SUBURB OF TORONTO ONTARIO CANADA 

 

CAN$6,000,000 

FUTURE VALUE 

POST PERMITS ISSUANCE  

ALREADY FILED 

CAN$1,000,000 EXISTING LOAN AMOUNT
12 MONTHS DURATION 
STARTED MAY 2024
RENEWABLE MAY 2025

SEEKING: 

U$2,000,000

 

USE OF FUNDS: 

PAY DOWN EXISTING LOAN 

+ 

PRELIMINARY CONSTRUCTION INITIATION: 

FENCING (SURVEY) 

SEPTIC INSTALLATION 

OTHERS 

 

 

IN ADDITION 

 

SEEKING PRE-APPROVAL 

U$40,000,000

50,000 SQFT COMMERCIAL HOSPITALITY RESIDENTIAL RENTAL DEVELOPMENT 

x

U$700 CONSTRUCTION COST PER SQFT 

+ 

U$5,000,000 SOFT COST 

 

 

PROJECTED FUTURE VALUE 

U$50,000,000 

50,000 SQFT x U$1,000 PER SQFT

 

 

 

PREFERRED TERMS: 

NO UPFRONT FEES OF ANY KIND 
NO PRE-PAYMENT PENALITIES

10 YEAR DURATION 

1ST YEAR DEFERRED PAYMENTS 

4% INTEREST RATES

 

TO PROCEED FURTHER 

REPLY WITH PRELIMINARY OFFERING TERMS