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Investor Alert – Hot Condo Opportunity

Hey -

Remember those condo’s I was talking about a while back ? They were finished in 2008, have a great Kitchener location close to shopping, transportation, and the highway, rented for good cash, had high quality building materials – and, oh yea – sold out quick?

I’ve fielded at least a dozen calls and emails from investors and agents looking for more of these units. Until now I’ve had to turn them away and tell them I couldn’t help them.

Can you keep a secret ? On Wednesday one of these condos is hitting the MLS – Multiple Listing Service – the first unit to be resold on the MLS since the builder sold off all the units.

This condo is in great shape and would make an excellent first investment, or a great addition to a portfolio that already is working hard for you.

Since this condominium complex is recently built, it is partially exempt from the Rental Increase Guidelines contained in the Residential Tenancy Act, meaning you will be able to adjust the rent to market once a year, not just raise it 1.4% or 1.8% (the 2009 Guideline). This makes it more even more appealing than an older rental unit that is subject to the guidelines.

We expect to see heavy activity on this listing, since the surrounding area (Stanley Park) is very desirable, especially with the bungalow floorplan this condo unit offers.

The area hasn’t seen new condos built in a rather long time, so the demand was high when they first hit market, and the residual demand is still there.

My recco to you: If you’re interested in investing in this opportunity, call or email me today before the condo hits MLS and people who want to buy it to live in it start calling me too.

PS – If you’re one of the lucky people who happens to already own a unit here, call me – we have investors looking to buy ‘em. I’ll buy the coffee, and I think you’ll like what I have to say.

View our other Real Estate Investment Property listings here

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 the world helping them build wealth through
smart real estate investments.

Benjamin is a Sales Representative, and runs the
Wealth Team at Keller Williams Golden Triangle Realty in Kitchener
Waterloo. He’d love to answer any questions about buying, selling and
owning a residential, or income & investment property in the
greater Waterloo region.

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

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