CLAUDE BOIRON

Real Estate Broker | Investor | Author | University Instructor

Claude Boiron is a Real Estate Broker of over 20 years, an author, a university instructor, as well as an investor.

As a Broker, Claude sells both commercial and residential properties, teaches commercial real estate investing at the University of Toronto, regularly holds workshops and seminars, and has written two books on the topic. Sellers benefit from his market and product knowledge and business acumen buyers appreciate the guidance of an astute deal-maker.

As an investor, Claude is an innovator, always discovering new ways to do deals better, faster, and much more profitably.

Claude learned the Real Estate ropes from his father, who was in the business for more than 50 years.

Raised in Toronto, Ontario, Canada, Claude’s whole life has revolved around real estate.

From running a successful real estate brokerage team, to authoring several books on real estate, to teaching Real Estate Investing at the University of Toronto, and advising one of the largest real estate wholesaling/investing companies in Canada, Claude has spent several decades refining how to help people with their properties.

Claude is married to Anja, who is a French school teacher.

His daughter, Belle, is 15 years old, and despite wanting to be a “pop star” in her younger years, she has recently turned her attention to researching business degrees for when she pursues her post secondary education in a couple of years.

Maxim is 3 years old, and still figuring out how to separate the three languages he’s surrounded by daily (Serbian and French at home, and English at daycare).

Léo, at 6 months old, is busy learning to crawl, and desperate to start walking so he can keep up with his big brother.

Coco, a German Shorthaired Pointer, is a rescue from Greece, and provides the kids with endless hours of fun and entertainment.

Several years ago, Claude discovered the little-known world of buying properties “off-market”, often at a substantial discount from market value (Claude’s brother is the largest Real Estate wholesaler in Canada).

Since then, he has been buying, selling, wholesaling, wholetailing, flipping, renovating, and sometimes holding, these great property finds.

A Small Collection of Success Stories

Boiron Group brings top-notch investment guidance to the table for every level of involvement and budget. The following are examples either of our own projects, or those of our investor clients.

81 SASKATOON DR, ETOBICOKE

This property is a true flip success story. It was purchased in October of 2018 for $515,000 (well below market value). After extensive renovations, all featuring high-end finishes, a new skylight, and an extra bathroom, the house was sold for $1,150,000 (more than double our purchase price) the following October. The renovation and carrying costs incurred for this project were around $250,000, meaning our profit was around $434,000. Not bad for a one-year investment.

58 BERKSHIRE SQ, BRAMPTON

This home was purchased in April of 2016 for only $330,000. A mere five months later, we sold the property for $600,000, which amounts to a 147% increase on our initial cash investment, or a difference of $270k. Not only did this house sell for $71K over the asking price, but the buyers were encouraged to waive their inspection and financing conditions to stand out among the sea of offers, resulting in a firm offer for the seller.

18 SYDENHAM ST, TORONTO

We purchased this townhome in Regent Park for $705,000. Our renovation costs included finishing the basement, adding marble floors and new appliances and rang in at $100k. Three months later, we were able to sell the property for well over the asking price at $935,000. After renovation expenses, this had a profit of $130,000 over the course of one summer

24 THICKETWOOD BLVD, STOUFFVILLE

This detached house backing onto a permanent and desirable greenspace in prime Stouffville was bought for $812,500 in September 2021 (Actually, that was the
original purchase price. Because of a “feeling” we had, we used a clause in our offer which said the price would be reduced by $1,000 for every day that the Seller
delayed in Closing the transaction. Sure enough, we closed eight days late, for a final price of $804,000). We spent $5,000 having the interior painted, and $300 for cleaning. We listed on the MLS and sold after only 12 days of owning the property for $1,360,000.

25 BINGHAM ST, BRADFORD

This tiny, detached, house just off of the main street in Bradford was bought for $350,000 and we closed on the purchase on May 27, 2021.We had the interior painted, and bought furniture to stage the entire house ($8,000 cost). Correctly reading the local market, we listed the property for sale on the MLS for a bidding war, and included all of the furnishings. We had over 90 showings, and 15 offers, and sold unconditionally for $590,000!

81 DYER DR, WASAGA BEACH

This single family home was point for $357,000 and we closed on the purchase on November 30, 2020. A deep cleaning was performed, and the property listed for sale
on the MLS. Strategically, no offer presentation date was set, which led to a feeding frenzy. We sold, unconditionally, on December 3, 2020, for $495,000, and closed on that sale on December 23, 2020, after owning the property for just over three weeks!

1928-1930 DAVENPORT RD, TORONTO

These side-by-side mixed use buildings on Davenport are a prime example of both the benefits of buying off market and the benefits of wholesaling. They were secured under contract and off-market for $1.35 million. Then, before the deal closed, we legally transferred, or assigned the deal to another buyer. Because our initial purchase price was so far below market value, the buyer paid $1.525 million, and Boiron Group earned the difference of $175,000 by selling the contract.

786 GLADSTONE AVE, TORONTO

Not unlike the last example, this detached home was secured off-market for $999,999- a dollar shy of $1million. Knowing this property was worth much more than that, before closing, Boiron Group assigned the deal to another buyer for $1,090,000. Again, the buyer is still got a good deal, and we were rewarded with the $90k difference for finding and securing the deal under contract. There were no renovations and a minimal time frame, just a keen eye, extensive knowledge of the market and the contracts at play.

209 ROBINSON ST, COLLINGWOOD

We purchased this home in Collingwood for $375,000. Unlike some of the examples in this section, we chose to close on this deal and do some renovations in a very
short timeframe before listing it. However, before any renovations whatsoever, this home was appraised for financing purposes at $535,000! The next step was to
paint the interior and replace the kitchen appliances. The property was sold privately (no Real Estate commissions or marketing expenses) a few months later for $460,000.

INDUSTRY STREET TORONTO

Purchase price: $843,000 Purchase date: 1987
Current market value: $28,000,000
Square footage: 180,000 Type: Industrial

Since 1987, we have improved the property from a 3-unit to a 6-unit industrial building and added a state-of-the-art rooftop solar power generating system. The annual rental income exceeds our
initial purchase price and the building’s value has increased nearly half a million dollars per year for 29 years. As for the solar system, it is the largest oversized rooftop solar system in the world. We refined our design for several years, until our
models showed it to be optimally profitable in abidance of OPA (Ontario Power Authority) guidelines. In essence, we created an AAA tenant on the roof – a tenant backed by a 20-year zero-risk government covenant! This investment has been the perfect blend of sustainable energy and financial return.
*** In September of 2021, Boiron Group was able to obtain an offer to purchase the property for a premium of 42% above the current market value ($40,000,000 vs $28,000,000).

Annual solar system net income: $360,000
Annual property net income: $1,000,000+

MEAFORD SENIORS DEVELOPMENT

This development is an industry leader in senior living, based on the findings of studies conducted by the MacArthur Foundation. It is perfectly timed and situated, right by the growing, charming town of Meaford. Designed to meet the burgeoning need for innovative living for Ontario’s aging seniors, the massive baby-boomer group, the Meaford Seniors Development offers golf,
lakeside access and familiarity for many wealthy Ontarians who have summered there for decades. The innovation here was minimising risk in the agreement of purchase and sale. It was conditional, for three years, on the development obtaining a number of specified approvals including the positive findings of
various geological and engineering studies. A failing grade on these studies would have allowed Boiron Group to not only exit the deal, but to retrieve our deposit, and recover some expenses.

PICKERING RESIDENTIAL DEVELOPMENT

This development is an industry leader in senior living, based on the findings of studies conducted by the MacArthur Foundation. It is perfectly timed and situated, right by the growing, charming town of Meaford. Designed to meet the burgeoning need for innovative living for Ontario’s aging seniors, the massive baby-boomer group, the Meaford Seniors Development offers golf, lakeside access and familiarity for many wealthy Ontarians who have summered there for decades. The innovation here was minimizing risk in the agreement of purchase and sale. It was conditional, for three years, on the development obtaining a number of specified approvals including the positive findings of various geological and engineering studies. A failing grade on these studies would have allowed Boiron Group to not only exit the deal, but to retrieve our deposit, and recover some expenses.

True North House Buyer

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Claude’s family is involved in 25%-40% of all wholesale deals in Canada, and True North House Buyer has always had the distinction of commanding the largest wholesale fees of any Canadian operator.

With interest rates rising, and some property values coming down over the past year or two, Claude found that a lot of the equity his team was used to negotiating with sellers for, was becoming compressed.

That’s why he looked south of the Canadian border, and decided to allocate many company resources to wholesaling and flipping in the U.S.

Cash Land Buyer USA LLC