Condo Investors Program
MAC Furnished Residences owns and operates many private condominiums as extended-stay residences across the Greater Toronto Area. We are continually increasing our inventory of new condominiums, in superior buildings and locations, through our Investors Program.
The MAC Investors Program appeals to people who wish to yield excellent return on investment in new, deluxe-quality condominium projects, which will be deployed as Mac Furnished Residences. Investors lease their condominiums directly to MAC Furnished Residences at market value, without concerns over being a ‘landlord’. To participate in this program you must purchase your condominium through our real estate office, MAC REAL ESTATE SERVICES INC.
LANDLORD: we lease the condo directly from owners through a Landlord Tenancy Agreement, at fair market value, reducing investor concerns over being a “landlord”.
FURNISHINGS: we furnish the condo with furniture, linens, and dishes.
GUESTS: we work with Fortune 500 companies, whose senior executives occupy the suites for lengthy periods of time, so we are able to guarantee quality tenants who respect the property. We do not do short term stays such as Airbnb.
MAINTENANCE: we offer weekly maid service, allowing us to inspect each condo for proper usage and compliance with condo rules. When repairs or maintenance are required, our quality service people immediately address all issues and repair all minor deficiencies.
CONDO CORP: at the owner’s request, MAC Suites will represent the owner at the Condominium Corporation general and special meetings.
REAL ESTATE: when investing/purchasing with MAC Real Estate, there are no real estate fees or annual property management fees.
Most MAC Furnished Residences are leased to Fortune 500 companies, whose senior executives occupy the suites for varying periods of time, so we are able to guarantee quality tenants who respect the property. By offering weekly maid service, we are able to personally inspect each condominium for proper usage and compliance with condominium rules and regulations. When repairs or maintenance are required, our quality service people immediately address all issues and repair all minor deficiencies at no cost to the owner.
It is our mandate to economically and efficiently manage your condominium, and when it comes time to sell an investor’s suite, our professional real estate team is committed to delivering the best possible service and value.
For more information on our investors program, please contact Doriana Zohil of MAC Real Estate at 416-222-0025.