ReMax Realtor Bryon Howard has execited buyers over this perfect home.

Custom cabinetry, stainless steel appliances, granite countertops & hardwood flooring make the kitchen an entertainer’s dream. Open concept & vaulted ceilings throughout, 3 way fireplace, built in desk area & extensive finishing upgrades – truly special living space.  They will enjoy the walk out level – perfect for entertaining their adult children with a full wet bar, wine storage and spacious family room with a 2nd fireplace – for the Grand children!

My buyers wanted a walk out bungalow with South or West Back Yard & Views

• Cash From Savings
• RRSP’s
• Stock/Bonds
• Pension
• Real Estate

Only Real estate allows “leverage” or the ability to acquire large assets at a fraction of their true cost.  Only real-estate allows us to take out “equity” with no or minimal tax implications to serve our future financial needs.

Mark Loewen, Royal Bank of Canada Revenue Property Mortgage Specialist, recently moved into an office down the hall from me here at ReMax House of Real Estate.

Have you  thought about investing in real estate … but haven’t quite taken the next step? Do you need help in getting over the hurdle … the decision … if it makes sense?

Set a 25 min consultation with Mark and I to see if Real Estate Investing is right for you.

I call this meeting… “The Power of Property”.

Silver Spring Home

Fantastic 4 bedroom immaculate hillside home with over 2200 sq. ft. of development with both city and mountain views! Within short walking distance of public and catholic schools, the Bow River and terrific Parks. Need LRT to work? No problem — two stations are less than 5 minutes away. Over $80,000 in updates in the last few years including New Windows and Doors, Furnace, Driveway, Deck, Fence, Landscaping and Flooring. You’ll love the kitchen in the center of the home with corian counter tops, slate floors and stainless steel appliances. Large windows make this home super bright and the perfect basement has a huge rec room and two walkouts! Watch the sun set on the huge gorgeous deck above the garage on those long summer nights or enjoy the park like WEST back yard with loads of beautiful trees.Don’t miss out on this stunning home, call to view today!

MLS #C3518121

Offered at $429,900

Marda Loop Condo

Stunning one bedroom condo in the appropriately named building, Dream. This complex offers a beautifully designed courtyard, heated underground parking including visitors’ parking and separate storage. #203 is bright and open with 9′ ceilings. The well designed and functional kitchen includes lots of cupboards, black appliances and a breakfast bar. A spacious dining area provides plenty of space for a table and chairs. The gas fireplace adds a great deal of warmth in the living room. The balcony is a good size and great for entertaining. The extra large master bedroom offers a large closet area and cheater door to the 4-piece bath and insuite laundry. The den makes a perfect computer room. If you desire a great place to live in the best location in Calgary – this is it! In the heart of Marda Loop – Shopping, transportation, restaurants, entertainment & Parks are within walking distance. Close proximity to Westhills, downtown and the road to the Mountains.

MLS #C3517656   Offered at 259,900

As long as you’re making the effort, make it count.  Rather than doing just the minimum required to merely get by, do the maximum of which you’re capable.

Don’t just break even by giving what you’re expected to give. Go one better, and exceed everyone’s expectations.

A little bit of extra effort will end the frustration of always playing catch-up. Instead of constantly being run over by the problems, you’ll be out in front, ready and waiting to transform them into opportunities.

Instead of resenting what you must do, rejoice at the opportunity to make a difference. Instead of casting yourself as a victim of low expectations, raise those expectations higher and higher through your commitment to excellence.

Life asks much of you, and with a little extra effort you can go one better.  Go one better, and earn the ability to joyfully live life on your own best terms.

Going the Distance in Real Estate

This 3 bedroom main floor and 1 bedroom basement suite at 248 Westwood Drive is priced at $339,900.

This fantastic property has so many great features, its hard to keep up. Located just 700 meters (5 min walk!) from the new LRT, this suited home boast a 3 bedroom main floor suite and a 1 bedroom basement suite. Main floor tenant pays $1200/month and is moving out. Lower is currently vacant. The huge yard leaves plenty of space to build a garage, great for even more rental income or storage. Just a 5 min walk from Sunterra Market and across the street from what used to be a very nice, friendly neighbourhood park….the City of Calgary is committed to turning it back into a lovely park.  Please call to book a showing of this terrific cash flowing property.

INVESTMENT PROPERTY SUMMARY

Cash Flow with 5% down payment ($16,995):  $584.17/month

Cash Flow with 10% down payment ($33,990): $656.47/month

Cash Flow with 20% down payment ($67,980): $801.06/month

Approximate monthly rent (tenants pay utilities): 

248 Westmount Dr, SW

Upstairs:                    $1,200

Basement:                      800

RV Pad:                          100

______________________

Total:                            $2100

Monthly Expenses:

Property Tax:             $142.17

Mortgage Details***:

5 year fixed rate @ 3.09%, 30 year amortization:

Monthly principal and interest payments:

5% down:                  $1373.66

10% down:                  $1301.36

20% down:                  $1156.77

Presented by Robin Clegg, Imperial Mortgage Group

Verico – CML Mortgages

3540 3 AVE NW, Calgary, AB

P: 403-607-5617

We discovered that this up down duplex with a double car garage in 111 Pennsmeadows CL, SE, Penbrooke Property can generate $1000 a month in cash flow!

INVESTMENT PROPERTY SUMMARY

Cash Flow with 5% down payment ($12,950): $853.87/month

Cash Flow with 10% down payment ($25,900): $908.96/month

Cash Flow with 20% down payment ($51,800): $1019.14/month

Investment Details

Hedge against rising interest rates by considering a 10 year term @ 3.89%, 20% down payment, creating a monthly cash flow of $1000.61!

*** Subject to approved income and credit verification, Rates subject to change without notice E & OE

http://tinyurl.com/779w2y8 – For more info

I went back 6 months and looked at homes that were built since 2009 with a maximum lot frontage of 8 meters (25′) that have been sold:

• In Altadore there have been 13 sales with a median price of $864,492
• In West Hillhurst there have been 7 sales with a median price of $820,000
• In Montgomery, there have been 5 sales with a median price of $533,930.

What is the Median SALE price of a 50′ building lot? (Past 6 months)

• In Altadore, there have been 15 reported MLS sales with a median price of $594,200
• In West Hillhurst there have been 15 sales with a median price of $567,283
• In Montgomery there have been 16 sales with a median price of $320,000

Assuming nothing was to change and you were going to buy land at median price, and sell at median price, where would you buy land in order to sell at the highest profit?