Riddell Gardens. Investment Package CONDOMINIUM TOWNHOMES. 255 Riddell Street, Woodstock, Ontario VALOUR. Mortgages #12051
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1 Investment Package Mortgages #12051 VALOUR C A P I TA L
2 - Elegant Condominium Townhomes 56 units available! Investment Overview is located in the heart of Woodstock and is the next great condominium townhouse community to be built in the area. No detail is left untouched in this fifty six unit complex, combining modern elegance with a comfortable charm. Learn more about this great opportunity in the following package. Special Offer from $153,999 Includes HST net of rebate Builder Discount up to 20% Take advantage of a preconstruction offer today! Incredible units in a high end area of Woodstock! 56 2-bedroom town houses (Up to 939 sqft.) Appraised from $182,784 per unit Special Offer from $153,999 inc. HST! Immediate Equity of over $30,000 Builder is Seasoned and Tarion Warranty Prime High End Area POSITIVE CASH FLOW upon rental Sysco Plant bringing 350 New Jobs Woodstock Vacancy Rate only 1.8% Investor may purchase multiple units 10% Deposit Required - Only $5,000 to hold
3 - Elegant Condominium Townhomes Feature Sheet Exterior & Common Finishes: Electrical: Low maintenance clay brick and vinyl siding with shake style vinyl 50 year manufacturer s warranty Timberline designer shingle Concrete foundation walls with damp proofing and weeping tiles Roof construction is prefabricated roof trusses R-50 blown attic insulation, R-25 wall insulation Aluminum vented soffit, facia, eaves troughs and downspouts Outdoor light fixture above entry doors All walkways will be poured concrete Fully sodded with landscape treatment Asphalt driveways Poured concrete patio on suites (lower units) 6 foot solid pressure treated fencing required on site plan All porches and stairways will be pressure treated lumber Pressure treated privacy screen between suites (lower units) One weather proof exterior electrical outlet per unit Doorbell and chime 2 cables and 2 telephones prewired Interior light fixtures Light over kitchen sink on its own switch Decorative lights over bathroom vanities Walls, Ceilings & Trim: Doors & Windows: Light enhancing colonial style insulated front door with decorative hand set Energy efficient vinyl clad windows, operable casement windows with screens Light enhancing rear colonial style aluminum insulated door Flooring: 28 oz. wall to wall carpet and 9mm under pad Vinyl flooring in kitchen, bathroom as well as in laundry areas Baseboard is 3 7/8 MDF step base Casing is 2 ½ MDF Textured ceilings throughout unit except in bathrooms and kitchens Two coat interior paint with neutral colour Wire shelving in all closets Antique nickel interior door handles knob style Kitchen & Appliances: Mechanical: Bathrooms: Heat pump furnace with electric backup All utilities to be underground Individual metered units for hydro Electric hot water tanks 1 non freeze tap per unit Heat pump central air conditioning 30 inch high Barzottis builders line with laminated countertop Mirrors installed over vanities Exhaust fan to be vented outside One piece Mirolin acrylic tub with surround shelving and side bar Barzottis builders line custom cabinetry with laminate counter tops Double stainless steel sinks with single lever faucet All suites to be completed with 5 appliances Microwave to be vented outside Dryer to be vented outside
4 - Elegant Condominium Townhomes Complex Site Map MELBOURNE AVENUE SITE MAP NOTES - Each of the 28 units has an upper () and lower (Garden Walkout) unit for a total of 56 units. units are designated with a (.1) after the unit and Garden Walkouts are designed with a (.2) Ex. Unit 15.2 is the first floor of unit There are 93 parking spots in total. - Gardens, amenities & retaining walls not displayed for site map simplicity. - 3 entrances from 3 separate streets RIDDELL STREET GRAHAM STREET 13
5 - Elegant Condominium Townhomes Unit Price List* *all prices include H.S.T. net of rebate Unit # Suite Style Size (sq ft) Appraised Value Unit Sale Price 887 $211, $223,482 $188,999 Unit # Suite Style Size (sq ft) Appraised Value Unit Sale Price 863 $205,394 $172, $205,394 $172, $182,784 $153, $191,590 $161, $182,784 $153, $191,590 $161,999
6 - Elegant Condominium Townhomes Purchase Model Purchase Model using Unit 28.1 as an example: Purchase Analysis Debt Service Appraised Value $182,784 80% financing on $153,999 Exclusive Investor Price $153,999 (includes HST NET OF REBATE) = 3% 30 year am. Monthly payments of $ Revenue Annual payment of $ Cash Flow based on $1,100 per month estimate. Income: $13,200 Net income after debt service annually: $ less Vacancy 1.8% CMHC: $240 Monthly income: $ monthly Effective Gross Income: $12,960 Annual principal repayment: $ Operating Expenses Combined annual return: $ Annual Realty Tax: $1,600 Funds required to close 20% down: $30, Annual Insurance: $350 Plus closing costs of estimated 1.5% of the purchase price: $ Heat & Hydro: Covered by Tenant Total down= $33,108 Estimated Maintenance: $400 Management 5%: $ 650 Condo Fees $ 175 per month: $2,100 Total Operating Expense: $ 5,100 Net Operating Income $ 7,860 In this Purchase Model 13.25% cash on cash return Plus 20% immediate equity of $28,785! We can arrange private financing to complete the sale with virtually no money down! (oac rates subject to change)
Riddell Gardens. Investment Package P HASE ONE - 18 UNITS CONDOMINIUM TOWNHOMES. 225 Riddell Street, Woodstock, Ontario VALOUR CAPITAL
Investment Package P HASE ONE - 18 UNITS Mortgages #12051 VALOUR CAPITAL CONSTRUCTION 18units available Investment Overview Riddell Gardens is located in the heart of Woodstock and is the next great condominium
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More informationBecause no model homes will be constructed, we ask that you visit our website for more details on Mahinui by Gentry Homes.
Mahinui by Gentry Since 1968, Gentry Homes has built quality homes and communities throughout Hawaii. Mahinui s unique location, thoughtful design, and breathtaking views will offer a once in a lifetime
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Healy Homes is honored to present Maple Kitchens, Stained or Painted Stainless Appliances Gorgeous Granite Tops in Kitchen Subway Tile Backsplash Granite Tops in Full Baths Coffered Dining Room Ceiling
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. #10900 Down Pantry Foyer 12'11" x 12'5" Mudroom Garage 19'0" x 20'0" Nook 9'11" x 9'5" Half. #10901. #10900 Down W D Laundry Shelves Bedroom 3 10'1" x 10'1" Master Bedroom 12'4" x 12'4" Walk-in Closet
More informationMain Floor 2 Bedroom, 1bath projected at $1000/month single net (including garage) https://youtu.be/fuvajpfyen4
1422-109 th Street, North Battleford, SK S9A2G3 Lot 18 Block 11 Plan B3419 Built in 1968, 1120 sq.ft. 1 storey, 2 x4 frame, concrete basement with 2 basement suites, 2 x furnaces, 2 power meters, 1 water
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