Turn rent cheques into mortgage payments with this Cloverdale Investment Property
Hitting the market on 73rd Avenue near the Surrey/Langley border is this Cloverdale Investment Property. This unit is a townhouse built in 2011 in the Uptown Clayton II complex. This unit is very spacious and roomy with an open concept throughout the unit. Three bedrooms and three bathrooms make this ideal for family living. This home is currently tenanted until April 2018, and the tenants would like to extend their stay past that. This is why it is perfect for an investor. At $569,000, this is an unreal price for an investment. Calling anyone that is looking to make the move to the suburbs and downsize in a few years as you let the rent cheques come in. More info on the home below, as well as the benefits of owning an investment property.
The Uptown Clayton II complex is only six years old, so no need to worry about renovations as the Cloverdale Investment Property is completely modernized. There are stainless steel appliances in the kitchen, granite countertops, as well as a sit-up bar. The large windows allow an abundance of natural light. Soak in the sunny Cloverdale microclimate! The complex includes shared amenities of a Club House, Exercise Centre, gardening, garbage pickup, and snow removal. A covered garage is a huge perk, and isn’t available in all townhouses!
Why Buy An Investment Property?
In Vancouver’s real estate market, it’s a tough thought to be able to buy a place and not move into it. But here’s why you should if you can afford to. Situations like this don’t arise normally. People looking to buy an investment property normally have to jump through the hoops of rental restrictions, and finding suitable tenants. Here are three reasons why you should jump at the opportunity that this Cloverdale Investment Property provides.
- Loyal Tenants with Longevity: The tenants of this unit have been awesome, and live a full family lifestyle and are extremely happy with their home and rent payments.
- Ease of Sale: All it takes to snag this home is your signature on the contract, and a deposit. Not moving, no headaches, no problems! Just a transfer of ownership, and let the tenants do their thing.
- Swap rent cheques for mortgage payments: As mentioned before, this is what makes it an investment that will eventually pay off. Putting the rent cheques towards your mortgage payments will only help your future. The population of the Lower Fraser Valley is increase, as Surrey is one of the fastest growing cities in all of Canada. Staying with this property for the long run will pay off in the end!
For more information and to request a showing of this Cloverdale Investment Property, please contact Russ.