We are pleased to announce that Avenue on 7 Condominiums by IKore Developments is arriving this June and NewCondoMart will be fortunate enough to be hosting their clientele at the V.I.P. Sales Event. Our clients will receive first access prior to the public to the very popular and long awaited Avenue on 7 condominiums. Avenue on 7 is going to be the pinnacle of new condominium construction in the midst of other developments on the horizon with fantastic architecture, great designs, a wonderful location with direct access to Vaughan’s Metropolitan Subway Station all at an affordable price! Register today and tell your friends to register immediately to get on the guest list!
Park Place Avenue V.I.P. Sales Event is Here!!! A perfect investment opportunity for All aspiring first time homebuyers looking to get into the market as well as for seasoned real estate veterans. All V.I.P. registrants will receive parking included, free locker, free assignment, development levies capped, low maintenance fees and priced from the $200′s for a 1 bedroom + den suite!!! Register Today for the Park Avenue Place V.I.P. Access.
We are honoured to offer you the opportunity to be among the first purchasers at Solmar Developments new Park Avenue Place Condominium. This condo is the first of several coming to Vaughan Mills Mall and an excellent opportunity for investors to purchase at the ground floor. Park Avenue Place will include a exquisite selection of 1 and 2 bedroom suites ranging from 650 to over 900 square feet. With prices from the high $200′s and steps to all of Vaughan’s fantastic amenities how could you go wrong. Register Today for V.I.P. Access!
We are pleased to announce that we will be hosting an exclusive V.I.P. sales event for Markham’s newest residential development Accolades in Markham. This one of a kind project brought to you by Treasure Hill Homes offers a combination of townhomes, semi’s and singles. The location for the site is at Major Mackenzie Dr. E and Markham Rd in Markham. Priced from the mid $400′s. With under 70 lots available and lots of interest in the community Accolades in Markham is sure to be a fantastic investment opportunity for personal users, first time buyers or savvy investors. Register for next weeks V.I.P. sales event Today!
Be one of the first to own a phenomenal commercial investment at Centro Square by attending this weekends one day only private sales event.
WHEN: Saturday, October 19th from 12:30 – 2:30 pm
WHERE: 7777 Weston Road, Vaughan, On (Sales Centre)
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Charisma Condos at Vaughan Mills is coming in 2014 to Jane and Rutherford in the City of Vaughan. Don’t wait last minute to get on the list and be the first to purchase at this spectacular new community. Due to our one of a kind relationship with the developer; Greenpark Homes, we are able to offer access to this project prior to the entire platinum broker community, general brokers and public. Register or call today to get on the Charisma Condos Guaranteed First Access List and find out more exclusive information regarding the development.
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The main reason investors keep paying these high prices is because 95 percent of them acquire properties without doing any financial analysis to determine whether the property will actually produce decent investment returns. Instead, they hope that a property will go up in value, they’ll sell it and make a bundle.
As an example, let’s say an investor buys a $125,000 house by investing cash equity of $40,000 (25 percent down payment plus closing costs and rehabilitation costs) that generates rental income of $1,200 per month. The mortgage plus other operating expenses total $1,015 per month. So the rent less all the expenses leaves $185 of positive monthly income, or $2,220 per year. If we divide this $2,220 annual cash flow by the $40,000 initial cash investment, it calculates to a cash-on-cash return of 5.55 percent — a pretty fair deal on a decent real estate investment.
Only about half of the properties in a general marketplace would generate positive cash flows and a decent, actual return such as 5.55 percent. In actuality, real estate investing is much more complicated than just penciling out your cash-on-cash return, but that analysis is a good start.
And with that nice positive cash flow, you also will get some extra return yield as a result of the amortization of your mortgage. Plus you probably will get some tax benefits and possibly some appreciation in value too.
Cash flow is king, and if you buy positive cash flow properties, you will feel like royalty each month as your bank account balance builds up and you earn wealth over the years!
Take advantage of NewCondoMart’s relationship with Pace and Empire Developments and receive V.I.P. access to view and purchase at Villagio Living in Maple. Villagio offers a collection of 55 Urban Condominium Residences coupled with 8 Townhomes starting from ONLY $199,000. Surround yourself with contemporary finishes and streamlined architecture. At Villagio in Maple, your lifestyle embraces an urban vibe in an uptown setting. It’s not just a community. It’s the attitude of those who always expect more. Enjoy a preview of what is to come of Villagio below:
Nautica is located in the popular and established Oakville community of Lakeshore Woods. Enjoy the exclusivity of one of Canada’s most prosperous towns, featuring fine dining, exquisite boutiques, quality schools, challenging golf courses and of course the waterfront only minutes away. The QEW puts the entire GTA conveniently at your fingertips. Take advantage of this incredible opportunity to live in Oakville from the $500,000′s. Register Today For First Access & Incentives Prior To The Public Release!