Positve Cash Flow Pre-Construction Condo

General Description

Price                    : $257900.00CAD
City                      : Toronto
Province/State     : Ontario
Country                : Canada
Type                     : Pre-Construction Condo
No. Bathrooms     : 1.00
No. Bedrooms      : 1

Details

 

There are a few incentives that apply to this development.

 

1.) For example the following units are part of a 'rental program'.

646 sq.ft. - $366,900 - 1 BR ($568/sq.ft.)
783 sq.ft. - $432,900 - 1 BR + Den ($553/sq.ft.)
436 sq.ft. - $257,900 - Jr. 1 BR ($592/sq.ft.)
540 sq.ft. - $318,900 - Jr. 1 BR ($591/sq.ft.)

They will rent your suite from you for 1 year so you can take your time to move in.

 

2.) There is a '90% occupancy' assignment clause available for your suite. So you can assign your condo unit and make a profit.

 

3.) For 18 months they waive the condominum fee. Therefore at 49 cents/square foot you can enjoy an average monthly savings of $300/month.

 

The planned completion date for this project is January 2013.

 

 

For more information you may contact: info@reico.ca

 

 

 

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