Super Investment Opportunity!

NEW !!! Knowlton Condos - Lac Brome, Quebec

Canada, Eastern Townships: From CDN $138,000 to $145,000
Composed of 6 charming triplexes totalling 18 rental condominiums units, this project provides you with 49% yearly returns on your investment!

Investment Risk : Low
Rental Return : 49% to 55%
Start Selling Date : Tuesday: December 4, 2007

Selling key

• Superior quality construction
• 2 bedrooms condo-units (avg. 900 sq. ft.)
• Selling price below market value
• Possible 100% financing
• Positive monthly Cash Flow of $170
• 9% return on annual equity
• Yearly total returns of 49%
• $10,000 cash back at the deed of sale
• No condos fees and taxes (Mun. & Scho.) for the first two years of occupation ($7,000 value)!
• Optional rental management program available
• Beautiful lake in the back
• Coating made of wood guaranteed 25 years
• Superior Insulation

Investment Type

• Discounted Property
• High rental yield

Location Information

• Coastal-Waterfront

Property Type

• Condo / Flat / Apartment

This project was born during the winter 2006 in order to create rental residences where there are few available in the village of Knowlton ("lac Brome"). Construction began in March 2006 to build 6 Triplexes offering a total of 18 condominium-units, each with an average living area of 900 square foot. In order to offer a harmonized landscape, an artificial lake was created in the back of the buildings. All the construction work was completed by November 2006.

All units are presently 100% rented!

Only 100 kilometres from Montreal, the picturesque village in the Eastern Townships, voted by "L'Actualité Magazine" as one of the prettiest towns in Quebec, and is now a member of the L'association des plus beaux villages du Québec.

Knowlton is the ideal holiday destination, in both summer and winter with its:

- Lake,
- Beach,
- Golf courses,
- Biking trail,
- Ski hills nearby, and much more...!

Because of the superior construction quality and the lack of rental condos units in Knowlton, all units are fully rented and there is currently a waiting list of potential tenants!! If any REIN members (or others you know of) are interested in this arms length investment opportunity send me a personal note of interest with your name, email and contact phone# and I will gladly provide you with further details.