Do you know what's the actual price you pay for your new construction property?

In this video you'll learn how to figure this out and it may surprise you!

Professional real estate investors will do this process before purchasing any real estate property. They will do their numbers and then compare it to their investment thesis to see if it fits within their strategy. Without calculating your numbers you will never know what you're truly dealing with.

In addition, if you want to be a true investor you will take the emotion out of the purchase. This is more difficult that said because real estate is such an emotional purchase.

In this video I'll go through an investment property analysis for a new construction purchase in downtown Toronto. We'll go through a detailed analysis so that by the end of the video we will see what the true numbers reveal and what you are actually paying for the property.

By the end of the video you'll be able to create a working excel model.

This is part 1 of the 2 part series so you should watch part 2 to get the full analysis.

This is not legal, tax, or financial advice. Just my own opinions and for informational purposes only.
Consult your professionals for your personal situation.

0:00 - Intro
1:37 - Side Notes
3:12 - Example
3:49 - Objective
5:39 - Investment Or Live In?
8:18 - Total Acquisition Price?
10:06 - Incentives
12:44 - Acquisition Costs
13:42 - Development Charges
16:46 - Land Transfer Tax
19:15 - HST
21:57 - Minor Acquisition Costs
23:16 - Conclusion