Alliston doesn`t have much inventory available. A semi recently sold for Approx. $219,000.00 and cash flows very nicely. I just found another that is priced at about $250,000.00 and also has a positive cash flow. Have you considered Newmarket/ Aurora? There is more inventory available and prices are great right now. These two centres are relativelly close to Alliston, Markham and Barrie.
I own a 10plex in Alliston and it does very well. I also own several multi-units in Newmarket and they also do very well.
I`m on my way to Alliston in the morning to review some investment properties. Its a great little town to invest in and has a growing sustainable economy and units are very easy to rent. A new Power Centre is around the corner and there are many smaller (3-19 emp.) manufacturing and trade shops situated through out.
I own a 10plex in Alliston and it does very well. I also own several multi-units in Newmarket and they also do very well.
I`m on my way to Alliston in the morning to review some investment properties. Its a great little town to invest in and has a growing sustainable economy and units are very easy to rent. A new Power Centre is around the corner and there are many smaller (3-19 emp.) manufacturing and trade shops situated through out.
Hi Bobby,
Thank You for your input and advice.Are you form Toronto.Are you looking for any JV.Please advise.
QUOTE (PARAMJIT001 @ Oct 10 2007, 08:31 PM) Hi Everybody,
Can any body tell me how to proceed into the market to look for my first potential property. i am interested in Alliston, because of fundamentals.Any suggestions will be more than welcomed as i am new to REIN.
Please advice !
Paramjt Singh
Thank You for your input and advice.Are you form Toronto.Are you looking for any JV.Please advise.
QUOTE (PARAMJIT001 @ Oct 10 2007, 08:31 PM) Hi Everybody,
Can any body tell me how to proceed into the market to look for my first potential property. i am interested in Alliston, because of fundamentals.Any suggestions will be more than welcomed as i am new to REIN.
Please advice !
Paramjt Singh
Hi BobbyD,
For the semi you mentioned, who will be the tenants and can you give an example of your calcs, what was the tenant payment?
Thanks
QUOTE (BobbyD @ Oct 19 2007, 09:40 PM) Alliston doesn`t have much inventory available. A semi recently sold for Approx. $219,000.00 and cash flows very nicely. I just found another that is priced at about $250,000.00 and also has a positive cash flow. Have you considered Newmarket/ Aurora? There is more inventory available and prices are great right now. These two centres are relativelly close to Alliston, Markham and Barrie.
I own a 10plex in Alliston and it does very well. I also own several multi-units in Newmarket and they also do very well.
I`m on my way to Alliston in the morning to review some investment properties. Its a great little town to invest in and has a growing sustainable economy and units are very easy to rent. A new Power Centre is around the corner and there are many smaller (3-19 emp.) manufacturing and trade shops situated through out.
For the semi you mentioned, who will be the tenants and can you give an example of your calcs, what was the tenant payment?
Thanks
QUOTE (BobbyD @ Oct 19 2007, 09:40 PM) Alliston doesn`t have much inventory available. A semi recently sold for Approx. $219,000.00 and cash flows very nicely. I just found another that is priced at about $250,000.00 and also has a positive cash flow. Have you considered Newmarket/ Aurora? There is more inventory available and prices are great right now. These two centres are relativelly close to Alliston, Markham and Barrie.
I own a 10plex in Alliston and it does very well. I also own several multi-units in Newmarket and they also do very well.
I`m on my way to Alliston in the morning to review some investment properties. Its a great little town to invest in and has a growing sustainable economy and units are very easy to rent. A new Power Centre is around the corner and there are many smaller (3-19 emp.) manufacturing and trade shops situated through out.