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**FT SASK - BRAND NEW - CASH FLOW**

peterwardell

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Joined
Sep 6, 2007
Messages
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FT SASK IS A FT MAC IN THE MAKING

Just like Ft Mac, the LOA (Living Out Allowance) is coming to Ft Saskatchewan. Already, construction workers are being enticed into the Industrial Heartland with $150/day living allowances, just like Ft Mac. This being the catalyst for a 26% increase in year over year rents in Ft Mac.

Take advantage of the MASSIVE industrial construction BOOM in Sturgeon County by investing in the gateway city to the Alberta Industrial Heartland.

As of November 2007, greater Edmonton has surpassed Ft Mac as the #1 region with the highest construction expenditure.

A magnificent 1200 s.f. duplex
Three bedrooms
Two and a half bath rooms
Two story
Full ensuite bathroom
Full main upper level bathroom and
Half bath on main level, great room
Kitchen and open nook
Includes kitchen appliances
Corner fireplace
Rear deck
Single front attached garage and
Architectural designed exterior.

Comps at $365,000.

I`ve got an offer accepted at $296,800 (inc GST). You can apply for the GST rebate after closing of 36% of GST ($6,048)

With possession of approx June 2008, watch the rents soar by the time you start paying the mortgage.

Neighbourhood market rents range from $1800-$1950 today. Add an additional $500/month if you provide the furniture (don`t pay for a year with The Brick and have your tenants pay the bill).

Close to all amenities and a stones throw away from the grand Dow Rec Centre. This community also offers community Water Spray park and boat launch.

Contact Pete at [email protected]
 
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