PRICE REDUCED! Here's a remarkable investment opportunity in the thriving town of Crossfield, Alberta – 10 well-maintained townhouses, all generating consistent rental income. Situated in a burgeoning rental market, these townhouses offer investors a chance to capitalize on the robust real estate demand in the area.
Key Features:
1. Income-Generating:
All ten townhouses are currently rented out, providing a reliable stream of income from day one. This established rental income makes for a secure investment.
2. Subdivision Potential:
For savvy investors, the possibility of subdividing these properties into individual units provides a unique opportunity. This flexibility allows for future profit potential, whether you choose to sell units individually or retain them as a multi-family investment.
3. Modern Design:
Each townhouse boasts a modern design with two spacious bedrooms, making them highly attractive to renters and future buyers alike.
4. Attached Garages:
Convenience is key, and these townhouses come with attached garages, a sought-after feature for tenants and homeowners alike.
5. CMHC Mortgage Eligibility:
Investors can leverage the opportunity to secure CMHC mortgages, enhancing their financing options and potentially boosting their return on investment.
Crossfield, Alberta:
Crossfield is a vibrant community experiencing significant growth, driven by its proximity to major economic hubs like Calgary and Airdrie. The town offers a peaceful and family-friendly atmosphere while still providing easy access to urban amenities. Its hot rental market and strong demand for housing make it an ideal location for real estate investors.
Investment Benefits:
- Immediate income from tenanted units
- Potential for future profit through subdivision
- Attractive design and attached garages enhance rental appeal
- Accessible financing options through CMHC
- Strong demand in Crossfield's growing rental market
Don't miss out on this exceptional off-market investment!