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What are Real Estate Investors buying in Kitchener Waterloo ?

The age old question: What to buy ?

It applies to real estate as much as anything else. Once you’ve decided to invest in real estate, you need to figure out what sort of properties you’re going to acquire. />

Some of my clients buy houses, student rentals, apartment buildings etc., but recently more and more of my clients have been investment in condominiums in Kitchener Waterloo, Ontario.

Several of my clients have just bought rental units in a brand new condo complex, well located near major amenities and the expressway.

These units are priced at $168,900 and offer a chance to invest in a “roomy 3 bedroom condo with a large 4 piece bath, with an open concept living room, and eat in kitchen with ceramic floor and brand new appliances.

In-suite laundry in a spacious utility room is included for your tenants convenience.” (Thanks for the write up Darryl)

Curious about the rental rates in this area of Kitchener? The market rent for these units is $1200/mo + utilities, which is providing my clients a comfortable level of cash flow, depending on their initial investment (down payment) and mortgage financing terms (mainly interest rate & amortization), and great prospects for appreciation.

Most of the complex has been bought by people moving into the condo’s to live, and the Stanley Park neighbourhood of Kitchener is very desirable. The condo complex is walking distance to Tim Horton’s, Sobey’s, McDonald’s, the LCBO, Banks, and other retailers.

If you are interested in how your cash flow would look if you invested in one of these rental condos, email me and we’ll look at your situation and analyze the property together.

These units are going quickly – contact me today if you are finally ready to take advantage of an opportunity to build wealth.

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Kitchener Waterloo’s Favourite Real Estate Agent** wants to show you how Real Estate Investing can make you wealthy. Benjamin works with people from all across Ontario and Canada – and recently, the world! – helping them build wealth through smart real estate investments.

Benjamin is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo and would love to answer any questions about buying, selling and owning a rental, income or investment property.

You can reach Benjamin at Benjamin(AT)BenjaminBach.com or call him at 519 570 4447

**Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008

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