• Bedrooms

2 + Den

• Bathrooms

2

• Size (sqft)

1,227

We just had our 2nd baby in September, so I'm exploring offloading my rental properties! Willing to sell outright if you have your own financing, or I could provide seller financing for remainder of the mortgage term (~4.5 years) so you don't need to qualify for your own mortgage until then.

This unique condo unit features the following: - Fantastic location near UofA / Hospital - Have great existing tenants in place for you to begin collecting rent immediately - 2 floors within the unit, top floors of building - 2 bedroom - 2 bathroom - 2 heated UG parking stalls - Stainless steel appliances - 2 balconies - Air conditioning - Central vacuum unit - Bonus storage spaces inside unit

Everything you could want in a place!

Let's work together on a way to decide the price and financing terms. I'm flexible. We could just discount the unit price based on the previous sales in the building. Just use the $/sqft of recent sales and I'll give you a discount to that since we're in the covid world :) Or we could go the appraisal route and I'll give you great financing terms.

Rent collected per month is more than $1000+ above the condo fees + property taxes + insurance costs so there's great profit potential. Great income property. It's already got great long term tenants in there for you so you don't even need to search for renters if you're looking for that!

Alternatively, if you're looking for a place to live in yourself, we can chat about that also and see if we can have the renters out to meet your timelines.

If you're interested in exploring a possible deal more, just give me a shout. I can provide pictures, videos, and answer any questions you might have.

An example deal could potentially be: 5% down payment 30 year amortization on remaining balance 2% interest rate

You could be making about $400-500/mo in profit on your down payment of ~$15,000, which is potentially more than 30% ROI without taking any unit appreciation into account. This is much better than you will ever get in the stock market or other investments.