breathe easy, it’s a skyline property. › wp-content › uploads › 2018 › 08 › ... · 12 |...

BRE ATHE E ASY,

IT ’ S A SK YLINE PROPERT Y.

BREATHE EASY,

IT ’S A SK YLINE PROPERT Y.

A R T I S T C O N C EP T O N LY

L i v e S l o p e s i d e . c o m | 7

SKYLINEINVESTMENTSS KY L I N E C O M M U N I T I E S I N C . I S A P R E M I E R D E V E LO P E R

O F D E S T I N AT I O N C O M M U N I T I E S I N O N TA R I O.

W E A R E A C A N A D I A N C O M PA N Y W I T H A R A R E , WO R L D - C L A S S

P O R T F O L I O O F H O T E L S A N D R E S O R T S I N C A N A D A A N D T H E U . S .

As the largest resort ownership company in Ontario, we are a top player in the province’s hospitality industry. As an experienced real estate developer, Skyline Communities owns prime development land for more than 5,000 homes and condos at locations including Blue Mountain* in Collingwood, Slopeside and Copeland House condominiums in Horseshoe Resort, and in Muskoka where the company is developing the highly-anticipated Lakeside Lodge on the waterfront in Deerhurst Resort.

In the United States, Skyline owns and operates Bear Valley Mountain Resort in California’s Sierra Nevada Mountains, as well as two prestigious hospitality properties in Cleveland, Ohio — the Renaissance Hotel and the Hyatt Regency Hotel. Skyline has also acquired 13 Individual Courtyard by Marriott hotels across the United States, signing a 20-year franchise agreement with Marriott International under which all 13 hotels will continue to operate as part of the Courtyard by Marriott brand.

*retail only

WHAT ARE THE NUMBERS SAYING?

SKYLINE IS POISED TO EXPAND SIGNIFICANTLY, GROWING OUR STATUS AS A PREMIER DEVELOPER OF DESTINATION COMMUNITIES IN NORTH AMERICA AND GIVING YOU CONFIDENCE THAT INVESTING IN A SKYLINE PROPERTY IS THE RIGHT MOVE.

L i v e S l o p e s i d e . c o m | 9 1 Corporate Presentation - Skyline Investments | skylineinvestments.com | Published November 20178 | H O RS E S H O E R E S O R T R E S I D EN C E S

• In 2018, the Company expects to show a significant increase in revenues and cash flow as a result of the recent acquisition of 13 Courtyard by Marriott hotels

• In the coming years, NOI will continue to increase significantly due to increased efficiency, renovation, upgrades and expansions of existing properties

• Skyline is expected to see a cash flow of $34M over the next three years from development projects in advanced stages of sale

• In July 2017, Skyline completed the sale of land reserves in Port McNicoll for $42M. The Company received the first payment of approx. $4.3M and has begun to receive payments of approx. $350K per month. The sale will provide stable cash flow over the next 6 years

CASH FLOW1

A RT I S T CO N C E P T O N LY

HEADLINE COPY

1 0 | l i v e s l o p e s i d e . c o m0 8 | H O RS E S H O E I N V E S TO R K I T

Facts on Oro-Medonte:• Convenient and strategic location with easy access to Highways 11, 12, and 400• Less than an hour’s drive from the Greater Toronto Area• One of the lowest tax rates in the region• A four-season outdoor recreation destination• First-class downhill ski resorts and Nordic ski facilities• Nationally renowned mountain biking venue• Premiere golf-courses• Vast networks of trails ideal for cycling and hiking• Hundreds of kilometres of paved roads for road-cycling enthusiasts

A Little HistoryBack in 1994, the townships of Oro and Medonte were merged to become Oro-Medonte but archaeological sites in the area show evidence of the area being inhabited by First Nations peoples as far back as 2000 years ago.

French explorers, fur traders and missionaries began exploring the area in 1600s. Settlers began arriving to the area in the 1820s prominently from England, Ireland and Scotland.

During the War of 1812, parts of Oro-Medonte were used as a defensive corridor. When the war ended, Sir Peregrine Maitland, then Lieutenant-Governor of Upper Canada, offered Black veterans grants of land by government decree in what was to become the Township of Oro.

L i v e S l o p e s i d e . c o m | 1 1

O R O - M E D O N T E TOW N S H I P

P R O U D H E R I TAG E , E XC I T I N G F U T U R ETHE TOWNSHIP OF ORO-MEDONTE IS NESTLED IN THE HEART OF CENTRAL ONTARIO. IT

IS LOCATED AN HOUR NORTH OF TORONTO, SITTING AT THE CROSSROADS OF SOUTHERN

ONTARIO AND COTTAGE COUNTRY.

ORO-MEDONTE OFFERS WIDE OPEN SPACES, LUSH FORESTS, AND YEAR ROUND FUN TO

HELP RESIDENTS AND VISITORS ESCAPE FROM THE HUSTLE AND BUSTLE OF CITY LIFE.

ORO AFRICAN METHODIST EPISCOPAL CHURCH THESE BRAVE MEN OF ORO TOWNSHIP - MEMORIAL

L i v e S l o p e s i d e . c o m | 1 3 1 2 | H O RS E S H O E R E S O R T R E S I D EN C E S

DEMOGRAPHICSP

op

ula

tio

n

0

1,000

2,000

3,000

4,000

5,000

High school cert.or equivalent

No cert., diplomaor equivalent

Apprenticeship College, CEGEP orother non univ. cert.

or diploma

Univ. cert. ordiploma belowbachelor level

Univ. cert.,diploma degree

20,078 34%residents within 586.6 square kilometres.

Provincial projections indicate that the Township is expected to grow to 34% to 27,000 residents by 2031.*

Median age is 45 years old, which is more than 3 years older than the median level reported for the County of Simcoe and nearly 5 years older than the provincial median.*

Median income - $73,962, which is nearly 7% higher than the median levels reported for the County of Simcoe ($69,263) and the Province of Ontario as a whole ($69,156).**

POPULATION

AGE CHARACTERISTICS

INCOME

*2011 Canadian Census

**2006 Canadian Census

Community Profile – Oro Medonte | oro-medonte.ca/business/community-profile/demographics


The Township is minutes away from state-of-the-art medical care at Orillia Soldiers’ Memorial Hospital and Barrie’s Royal Victoria Regional Health Centre.

Oro-Medonte is home to several elementary schools, with secondary schools minutes away in Barrie and Orillia. Post-secondary institutions are also in the vicinity of the township with Georgian College Campuses in Barrie and Orillia, and a Lakehead University Campus in Orillia.

The newly upgraded and expanded Lake Simcoe Regional Airport offers flights right to Billy Bishop Airport and is set to expand flights to other destinations in the next few years.

Oro-Medonte is also home to Burl’s Creek Event Grounds which boasts major music festivals in the summer, weekly farmers markets, and other special events to make Oro-Medonte a premier destination for entertainment in South Central Ontario.

Property values in the Greater Toronto Area are seeing record high values. This has resulted in much of Central Ontario seeing a rising demand from urban baby boomers and some younger professionals wanting to take advantage of the equity in their urban properties, buying and/or relocating to the areas north of the GTA to enjoy country living while still being close to the Greater Toronto Area.*

ORO-MEDONTE MEDIAN HOUSE PRICES Housing Market Report for March 2018**

*Sotheby’s Realty - 2017 Top Tier Ski Real Estate Report**Oro Medonte Real Estate Trends

$781KAVG SOLD PRICE

12.1%▲MONTHLY CHANGE

20.5%▲QUARTERLY CHANGE

23.7%▲YEARLY CHANGE

Maecenas ullamcorper sodales tempor. Curabitur non vulputate ex. Nullam porta vulputate justo, sed consequat lectus gravida ac. Donec eget semper diam. Sed sollicitudin dui sed massa pharetra egestas. Ante ipsum primis in faucibus. Etiam imperdiet, sapien eget euismod viverra, turpis nisi.

1 6 | l i v e s l o p e s i d e . c o m L i v e S l o p e s i d e . c o m | 1 7

INHALE/EXHALE

Horseshoe Resort is a ski, golf, active lifestyle and hospitality resort operating year round, located an hour drive from Toronto.

THE RESORT INCLUDES:

• 28 Alpine ski runs • 40 km of cross-country trails• 163 hotel rooms (141 owned, 22 managed)• 4 restaurants• Valley Golf Course - A leading Canadian golf course with over

$300,000 in improvements for 2017• 220 acres• Newly installed high-speed chairlift (worth $5M)• New for 2018, Ontario Volleyball Adult Leagues has teamed up

with Horseshoe Resort to build 8 international-calibre courts along the shore of the facility’s placid man-made lake. Youth and adult leagues will be offered at Horseshoe Resort in partnership with Invado Volleyball

• Plus, work is set to begin on a new world-class spa offering a myriad of services to help to relax, revitalize, and rejuvenate mind, body, and soul

WINTER PLAYSkiing. Snowboarding. Snow Tubing. Fat Biking. Snowshoeing. Yamaha Adventures. Cross Country Skiing. Mini Snowmobiling. Skating.

SUMMER PLAYPaddle Boarding. Kayaking. Swimming. Waterboarding. Rock Climbing. Mini Putt. Golf. Treetop Trekking. Water Ramp. Segway Adventures. Hiking. ATV Adventures. Water Inflatables.

DINEInn Steakhouse. Crazy Horse Sports Bar & Grill. Alpine Cafeteria.

RELAXAmba Spa.

HORSESHOERESORT

L i v e S l o p e s i d e . c o m | 1 9 1 8 | H O RS E S H O E R E S O R T R E S I D EN C E S

L i v e S l o p e s i d e . c o m | 2 1 2 0 | H O RS E S H O E R E S I D EN C E S

The History of Horseshoe

W ith its elevation and natural “U” shape facing west, Bill saw Hungry Hollow as the perfect location for a ski resort. Bill brought his vision to life and Horseshoe

Valley saw its first ski season open in 1962 with a small base lodge, one T-bar lift, four rope tows and five Alpine slopes.

Throughout the 60s, the site grew from 200 acres to 1600 acres, spanning the two yet-to-be-amalgamated townships of Oro and Medonte, plus the addition of 10 km of Nordic trails introduced in the nearby Copeland Forest.

Horseshoe Resort expanded more throughout the 70s, transitioning from just a seasonal attraction into a “year-round” resort. The 18-hole Valley Golf Course opened in 1975 and the completion of the first Horseshoe Condominium project in the late 70s gave people the opportunity to take up permanent residence and enjoy what the valley had to offer during the spring, summer and fall months.

The next decade saw Horseshoe Resort build upon its year-round resort amenities with the addition of night skiing, more ski runs, the opening of the Inn at Horseshoe, an indoor recreation and upscale dining options.

The 90s and 2000s saw the continued expansion of outdoor activities at the “Shoe” with the additions of tubing, an adventure park, mini-put, biking trails, a spa, restaurants, and Lake Horseshoe. The two decades also saw Improvements to the resort’s ski-hill including a high speed six-pack chairlift at the main hill, and an 800-foot carpet lift added to the beginner ski hill.

Over the past 50 years, Horseshoe Resort has grown from a humble 5-run ski-hill into one of Ontario’s premiere four-season adventure destinations filled with endless possibilities for every member of the family.

Before it was known as Horseshoe

Valley, the area was locally referred

to as Hungry Hollow. Back in the

early 1960s, Bill Lohuaru, a home

builder from the Toronto area,

was looking for a site to build

a ski resort and while scouting

out possible sites around south-

central and southern Ontario, one

particular area caught his eye.

2 2 | H O RS E S H O E R E S I D EN C E SA R T I S T C O N C EP T O N LY


2 4 | H O RS E S H O E R E S I D EN C E S L i v e S l o p e s i d e . c o m | 2 5


How many overnight guests do we get per year at the Resort?23,396 room bookings + 60,000 guests per year.

How many visitors in total per year?400,000 visitors.

How many skiers per season?225,000 skiers per year for Alpine. 50,000 Nordic skiers. 20,000 for biking.

How many golfers per season?20,000 rounds of golf are played each season.

How many overnight guests from conferences?9,662 conference guests.

How many school groups visit annually?350 school groups.

What kind of activities are on site?28 ski runs, 2 pools, 1 lake, volley ball courts, basketball courts, wake boarding cables, zip lining, tree top trekking, climbing wall, snow tubing, snow shoeing, fat biking, 40km of cross-country skiing, mini snowmobiles, mini ATVs, 10 downhill bike trails, Segway tours, mini golf, Valley Golf Course, Driving Range and Slopeside Adventures.

How many hockey teams or tournaments per year?75 hockey teams per year.

How many weddings do we host each year?35 per year.

How many sporting events do we host, and what are they?We are the host venue for many great events, some of which include: Snowcross, Ontario Winter Games, Polar Rush, WE Day, Freestyle Ontario Events and training camps, Snowboard Ontario events, Sarah Burke Day, Canada Cup.


RENTAL PROGRAM

Do I have to put my suite in the Rental Program?Participation is completely optional and you can opt out at any time.

What is the Rental Program? How does it work?The Rental Program is a great option for Owners who wish to use your suite occasionally, and take advantage of the ability to generate extra income to cover some of your ownership expenses. At the beginning of the year, simply submit a calendar of dates when you wish to personally use the suite, and the Resort will put the suite into the rental program for the dates that you will not be using the suite.

How much can I expect to make in the Rental Program?This varies with the type of suite that you purchase, the number of weeks and the times of year that you participate in the rental program. Traditionally, ski season is December through March, and rental rates are at their peak. The great news is — we’re not new at this. Horseshoe Resort already has an established rental program.

What happens if someone damages something in my suite?While guest damage to a suite is uncommon, it does sometimes happen. In these cases, we assess the cause of the damage and, if we find that a guest was negligent in caring for a suite, we hold them accountable. Otherwise, the owner is responsible for general wear and tear.

Will guests be allowed to smoke in my suite?Slopeside and Copeland House are both non-smoking buildings.

What do I do with personal belongings when my suite is in the Rental Program?All of our suites have an in-suite Owner’s closet, which you can use to store your personal items when not using your suite. Each suite also includes a storage locker, which will be located on the Terrace level of the building.

Can I personalize my Copeland House or Slopeside Suite?A range of finishes are available through our selection process. Suites in the Rental Program are completed with a furniture package.

Is there a furniture package available? Even if I don’t plan to rent?We have arranged a turnkey furniture package that is available for those Owners who wish to save the time and effort of decorating their Horseshoe home. From sofas to corkscrews, linens to table lamps, it’s all there for you to simply walk through the door and start enjoying life in Horseshoe Valley! Should you wish to rent your home through the Horseshoe Resort Rental Program, the furniture package is mandatory.

DEVELOPER

Who is the Developer?As the largest resort ownership company in Ontario, we are a top player in the province’s hospitality industry. As an experienced real estate developer, Skyline Communities owns prime development land for more than 5,000 homes and condos at locations including Blue Mountain* in Collingwood, Slopeside and Copeland House condominiums at Horseshoe Resort, and in Muskoka where the company is developing the highly anticipated Lakeside Lodge on the waterfront in Deerhurst Resort. *retail only

Our portfolio of world-class hotels and resorts includes the historic Hyatt Regency Cleveland at the Arcade and Renaissance Hotel in Downtown Cleveland, Bear Valley Resort in California, and continues to grow with the acquisition of 13 Courtyard by Marriott hotels throughout the United States.

GENERAL

Is this a timeshare?No, suites at Slopeside and Copeland House are whole ownership.

Can I live here year-round?Yes, Horseshoe Resort is zoned for 365-day living, so you have the option to live here full time, seasonally, or occasionally, with participation in the established Horseshoe Resort Rental Program available for Owners.

Will I have access to Horseshoe Resort amenities?Yes, you will have full resort access.

How many guests can I bring at once? Do they all get to use the amenities for free? What if I have family members staying in my suite without me? Do they have access to the Resort?Owners can bring as many guests as they want at one time. While privileges and discounts are for the registered Owner(s), guests will be provided with a guest card that gives them access to similar discounts and privileges. All charges must be charged to the Owner’s account, the guest cannot pay at point of sale.

What do my condominium fees cover? How much will they be?Your condominium fees cover almost all associated costs with the upkeep and maintenance of your suite, including: heat/air conditioning, water, Resort Access fee, building amenities and building insurance. Condo fees will be est. $610/month plus HST.

Are property taxes covered by the condo fee?No, condo owners are responsible for their own taxes.

Can I sell my unit at anytime?Yes, there are no resort fees associated with selling your unit. Tax rate for Oro - Medonte is 1.2640931% (2016)

Is parking included?Yes.

Where will my guests park?Ample surface parking near the building will be available on a first-come, first-serve basis for anyone visiting you at your Horseshoe Resort home.

Is there an elevator in the building?Yes.

Can I bring my dog/cat?Up to two domestic pets (cat/dog) are allowed in a suite. Only owners’ pets are welcome. Renters’ pets are prohibited from Copeland House & Slopeside. Pets are welcome at the Horseshoe Inn.

FAQs

Named among Deloitte’s Best Managed Companies in Canada

two years in a row.

Among Hotelier’s Top 50 Hotel Companies.

H O RS E S H O E I N V E S TO R K I T | 1 91 8 | H O RS E S H O E I N V E S TO R K I T

HERE, IT ALL ADDS UP TO A GREAT INVESTMENT.

L i v e S l o p e s i d e . c o m | 3 1 A R T I S T C O N C EP T O N LY

LiveSlopeside.com

breathe easy, it’s a skyline property. › wp-content › uploads › 2018 › 08 › ... · 12 |...

Documents