It is true that our season is limited in Ontario and we do our best to make the most out of every nice day on the water. Our boats go in the water in May and are lifted-out in late October. At YACHT Solutions we offer the owners of larger boats the option of operating their vessels year-round by migrating them south to Florida in the winter, thereby making it operational all year round.
Own just a portion of a yacht and receive time onboard in return. These vessels are fully managed by our team and is perfect for busy individuals who don't have time to maintain a yacht or deal with the responsibilities of ownership.
Earn Revenue with your vessel by taking advantage of our Yacht Management Program.
Yacht Solutions has been managing yachts for over 12 years in the GTA. Our powerboat fleet is comprised of new Schaefer Yachts in the Great Lakes and some migrate south to Florida in the winter. The Toronto base is the Outer Harbour Marina Toronto just off Leslie Street south of Lakeshore Road.
As a Schaefer Yachts Dealership, the YACHT Solutions team includes year-round office staff, cleaning, maintenance, training and crew members to facilitate a comprehensive yacht management program. We service what we sell and provide a concierge service to our yacht owners and seasonal members. Ours is not a charter operation, but rather an exclusive service for yacht owners and boating enthusiasts. We know each of our yachts firsthand and oversee our yacht operations personally seven days a week. The ‘personal touch’ is one factor in our success that has assured our boat owners and members, that our staff has consistently delivered quality service over the years and will continue to do so.
Our luxury yachts are impeccably maintained to assure trouble-free outings in the Great Lakes. There are hundreds of destinations in Lake Ontario alone with friendly yacht clubs, exciting destinations or protected anchorages offering a unique experience or boating adventure.
Our Mission
Save Time
Save Money
Enhance Your Lifestyle
Fractional Ownership vs. Sole Ownership
- Most owners will tell you that they don’t use their yacht as much as they would like. In fact, the average owner only uses his / her yacht for 15 – 20 days a year and some even less. Life has many obligations so although our intentions are good, the reality is otherwise.
- The second common problem with owning your own yacht is the time obligation for maintenance and upkeep. Your time is valuable and better spent enjoying your boat on the water with friends and family. In addition, we must also recognize changing trends in our lives. Perhaps spending more time at work, families are growing and moving on and changing lifestyles may not allow for as much boating as desired. Shifts in more leisure time on the other hand allows for program customization from year to year for our owners.
- Add to this the rising costs and poor availability of dockage, maintenance, insurance and storage. Owners often reluctantly sell their “pride and joy” because they can no longer justify the time and the costs involved. Boating is rewarding but is expensive.
Benefits of YACHT Solutions Fractional Ownership
- YACHT Solutions agrees to market and maintain the yacht and manage all aspects of user activity.
- Select seasonal members are the only people accessing your boat in our Fractional Program.
- The owner receives a 9% guaranteed annual revenue based on the value of their boat.
- The owner does not pay for any fixed costs including dockage, insurance, maintenance, cleanings and storage
- YACHT Solutions will work with each owner to develop a personalized usage and revenue plan.
- The boat is located nearby where you can access it easily and frequently.
Show Me The Money
- Owners are paid monthly which more than covers their loan payment should they decide to finance.
- Typically, owners put 20 – 25% down and finance the rest through a financial institution which we can help arrange. The loan amortization is 15 years with a 5-year term. At the time of writing the lending rate was 5.99% OAC.
- You purchase a boat and do not pay GST or PST as we are collecting it on member revenue.
- You can write off the interest on the loan against your personal income and depreciate the boat 15% per year on a declining basis.
Your Yacht is a Revenue Generating Business
The income you earn from will significantly contribute towards the mortgage and there are not many investments that will guarantee you a 9% return. This program will allow you the freedom to purchase a new yacht while providing an opportunity for it to operate as a business. You as the owner generate a nice passive income where you can literally make your new yacht pay for itself, while you enjoy using it without any of the day-to-day responsibilities. The YACHT Solutions program delivers the benefits of yacht ownership while eliminating many of the hassles.
The Smartest Way to Own a Yacht
There are many different scenarios that can lead to having your yacht into our Yacht Management Program. Owners join our program knowing that their yacht will be meticulously maintained and managed by professional people who care for their boat and value their time. We treat our owners and members as V.I.P.’s complimenting them with a concierge service ensuring that special requests or specific needs are setup for them. We offer a program that saves money, time and enhances ones lifestyle. Your yacht is impeccably maintained plus you can plan to use as much of your boat as you need. Each year we sit down with you and customize the yacht business to align with your revenue and boat access ideals. Each seasonal member in our program is screened thoroughly and trained in the operation of the yacht with the required licenses.
You’ll find Yacht Ownership with YACHT Solutions to be a very rewarding experience.
Request a Consultation
We would love to learn a little bit about your lifestyle and needs within our program, so we can suggest the most practical options for your intended use of the vessel.
Please Briefly Describe Your Boating Experience.