Hot Property

An auction and a waterfront home

1. Auction - commercial buildings in Chilliwack - Sept 16. See www.rbauction.com

2. Low bank waterfront home in Sechelt ... 2,500 sq. feet. Was $1,075,000 ... now $825,000.

Previous Hot Properties:

8/21/10

OR ... BUY YOUR OWN OFFICE SPACE INSEAD OF LEASING

1. $69,900!!! Affordable price, exceptional opportunity to buy this 200 sq ft unit. High traffic & central location at Kingsway/Nanaimo beside Canadian Tire store. Perfect for small business or office or storage. Comes with one secured parking. Low monthly strata fee. All measurements are approximate. Buyer to verify.

2. $85,000 Close to Granville Island, Burrard St and Downtown. Great strata retail/office space, ground floor 169 sq ft opens onto inner courtyard, air conditioned, washroom, w/shower, secured parking, very affordable in a desirable newer building.

3. $109,000 Pender St, Vancouver Plan LMS 2371. Conference Plaza Pender & Richards. 237 sqft "Triple A" Office strata unit. Taxes $1,082/ yr. Maintenance $113.09 /month with $20 for hydro. Air-conditioning available, as well as full use of the facilities on the 3rd floor such as: indoor pool, gym & sauna.

4. $169,000 UNITS 216 & 217 - 970 BURRARD STREET. Electra is one of the few strata titled office buildings in the Downtown Vancouver area. These well kept & A/C, strata units, face south to the Wall Centre Plaza. Electra is centrally located, close to the Law Courts, major hotels & Robson exclusive shopping area. No more strata offices are being built in DT area, so this is a rare opportunity to have your own Vancouver DT office space.

Pay $150,000, payments per month (5 year loan at 4%) are only $791!!!

8/14/10

The Larger Hot Property

Edmonton, 'Calgary Trail. Leased to a great steakhouse'. Space is 7063 square feet fully finished as a restaurant. Current lease rate is $27. /square foot for an annual rent of $190,701/year. This is a triple net lease so the tenant pays all utilities, operating costs, and property taxes. Current lease expires in 2014. Tenant has option to renew could conceivable be there until 2029.

Investment: $2,100,000,
25% down = 525,000,
1st mtg. = 1,575,000, 4.5% interest, 25 year term.
Payments are: 8,754/month or105, 052 per year.
Revenue is $190,701 less $105,052 = $85,648/year.

ROI (cash on cash) is 16.3%
(Appraised value is $2,472,000; price is $2,100,000. Given this difference, actual ROI for year 1 is ACTUALLY 87.17 %!!!)
Write to Ed DePrato - ed@edeprato.com

8/7/10

Condo Below $170,000 in Vancouver

1. Small Rental Condo $167,000 in Vancouver. Priced below Market. Equity on Closing. You're making money on the buy! Area Rents for 1 bedroom is $800~$1200.

2. MLS Chilliwack - 1 bedroom and den $83,000 - Put $5,000 down pay $411 per month! Mike Luo at BC.RTO@hotmail.com bright and spacious 1bdrm + 1bathrm condo located on the top corner of the building. updated kitchen with maple cabinets, new designer flooring throughout, tons of sunshine for those sun lovers, all for a really great price!

3. MLS Chilliwack - 2 bedrooms condo $95,300 spacious third floor, 2 bedroom/1 bath condo in a quiet 55+ building. This unit has been well maintained and has a lot of bright, natural light coming through the new thermo windows. You can sit on your south facing balcony and enjoy the beautiful mountain (In Chilliwack there are 225 condos under $150,000.)

7/17/10

Looking for adventure...

How about a fishing lodge with the works ... property has room for 20 guests and staff ... commercial kitchen, dining room, loungs patio and decks and a significant dock system and break water ... Best of all ... it is yours for $359,000. Where? In Nootka Sound on beautiful Vancouver Island. See: www.bcoceanfront.com/show_listing.php?id=214

7/10/10

Phoenix inventory is getting reduced sharply

Phoenix wholesale deals - change daily - (Claimed) value

Value $190,000 - Wholesale price $100,000. More info

Great listings Las Vegas (also Phoenix deals)

Wonderful 3 bedroom, 2 bath, 2 car attached garage, Over 1,450 sq.ft. of living space, Second floor unit, Vaulted ceilings, Granite counters in kitchen, Built in computer niche, Excellent price at $87,000.

http://crossborderrealty.com/

7/3/10

Cash flow Condo in Vancouver

1) Cash flow Condo in Vancouver, Collingwood Area Condo is asking $191,100 with $18,000

a) coupon rebate back at closing,

b) seller covers transfer tax.

Sale really at $171,100. 10% below market value. (Strata fee $89/mon, tax less than $1000/year). Rare Cash flow property in Vancouver. Rents $900-$1100 in area. Call Now! 778-887-9086.

2) Parry, Saskatchewan 1,110 acres – Bungalow out buildings only $675,000 lanerealty.com

6/19/10

1. Keats Island, 2 bedroom 1 bath, $275,000, MLS® V813511

2. Bowen Island, from $375,000, MLS® V797428

3. Texada Island, $119,500, MLS® 7397

4. Pender Island, MLS®: 274284

6/5/10

FROM 28 ACRES TO 5600 ACRES - FROM $32,900

1. Prince George - MLS®: N200192. Stunning 28 acres of creekside land perfect for a hobby farm. Can be subdivided into 2 acre parcels. $32,900.

2. Alberta (NOW THAT IS BIG!) 5,600 acres - livestock ranch. 500 acres cultivated, 400 acres hay, rest in grass. Ranch house - outbuildings. $1,435,200.

5/29/10

Lot on the Fraser River

Buy one semi-waterfront lot on the Fraser River in Quesnel - fully serviced (sewer/hydro/water etc.) for only $49,000 - get another LOT FREE, see Jurock.com/riverfrontwalks/

5/15/10

Mobile Home Park - 8% CAP - $650,000

13.5 Acres (over 12 acres heavy timber) 11 Pads - 5 park-owned mobiles, 1 house. Currently run by absentee owners. NO restrictions on expansion or subdivision. Next to ski hill. 7 minutes to Downtown Nelson, BC. Full package available: Primo Villanueva, RLP City Centre, 604-992-3802, www.kleingroup.com

5/8/10

Another Auction

This time on lake Windermere, Sunday May 16th.

40 condos from $85,000 (bids) - previous prices achieved up to $512,900.

There are now several Interior and Sunshine Coast auctions on Hot Property at Jurock.com (see below).

Things to remember:

-You can bid online

-Make sure you check the units out first

-Make sue it is an unreserved auction

5/1/10

1. Auction - Madeira Park - Painted Boat - May 20 - quarter share was $285,000 NOW bidding from $85,000

2. Another look at farmland in the Saskatchewan

a) Wakaw - Grain farm 304 acres - $170,000

b) Moosomin - 800 acres grain farm - $400,000

c) Assiniboia - 1,246 acres - 3000 sq foot house (barns buildings - grain grass) - $500,000

On the Hot Property on our website here are 100 deals from $70,000 for $160 ACRES: www.lanerealtycorp.com.

4/24/10

Strata offices - worth a look downtown. Residences at $500 - $600 per foot ... strata offices $350...

1. Mainland, Yaletwon Newly renovated with a funky brick + beam decor. $328,000 ($355 per sq.ft). Listing ID: V4020981

2. Burrard, 5 small offices, 822 sq feet $349,000. Listing V4019966

3. Kingsway, $69,900, 200 sq ft unit. High traffic & central location at Kingsway/Nanaimo beside Canadian Tire store, ($350 p fft). Listing ID: V4020225

4/17/10

Ritchie Holds No-Reserve Real Estate Auction

On May 19 a number of B.C. residential and recreational properties will sell to the highest bidders - regardless of price - as part of a large unreserved auction being conducted by Ritchie Bros. Auctioneers at its new permanent Chilliwack auction site.

The real estate packages are:

- Wells Gray Golf Resort and RV Park - Clearwater, B.C.

Located in the Thompson Okanagan, this 400+/- acre site, with generous zoning potential, is one of the largest privately owned pieces of land within Wells Gray Provincial Park. It has a 9-hole golf course and full service RV park. Preliminary work has been done to expand the golf course and add homes and cabins to the property, with hundreds of acres still undeveloped.

- Four Oceanfront or Ocean-view Acreages in Sakinaw Ridge - Pender Harbour, B.C.

Located on the Sunshine Coast, these large home sites are part of the Sakinaw Ridge development, which already has paved roads, sewers, water, underground power and telephone lines. Lot sizes range from 1.6 to 3 acres.

- Two Villas at Crown Mansion, Qualicum Beach, B.C.

Located in Qualicum Beach, the two villas at Crown Mansion offer over 1,000 square feet of living space each and both have private verandas.

- Two Home Sites at Crown Isle Resort & Golf Community - Courtenay, B.C.

Located in Courtenay, these two home sites at Crown Isle Resort & Golf Community are near downtown Courtenay. Ownership includes access to a 48,000 sq ft clubhouse with dining and conference facilities, a fitness center and golf shop.

- Oceanfront Home Site at Eagles Cove Estates - North of Campbell River

Located about 50 kilometers north of Campbell River, Eagles Cove Estates has unobstructed views of Discovery Passage. A home and guest cottage are permitted by the subdivision's building scheme.

Major Point: This is an UNRESERVED auction. The only one to participate in ... and ... you can bid online. Worth a shot! The auction is held May 19 (no start time yet). For details see www.rbauction.com/property/2010174_bc_properties/auction.jsp or phone the Chilliwack auction site at 1-604-823-2700.

4/10/10

MLS E3216641
SUPER-clean, exceptionally well kept bungalow centrally located in desireable Kenilworth. One owner since 1971. Spacious living area, formal dining room and eat-in kitchen. Gleaming HARDWOOD under carpet! 3 bedrooms above and a 4th in fully finished basement PRICE: $360,000

MLS E3208905
3 bedroom bungalow: Single Family Extensively upgraded 3 bedroom bungalow with BRAND NEW self contained basement suite and double garage on a large and private fully fenced lot. PRICE: $334,900 (owner will pay 5% down payment!)

MLS E3211393
Exceptional upgraded university area bachelor suite- NOW reduced by $20,000!!! Extensively renovated with all new flooring, amazing maple kitchen with stainless steel appliancies. Ultra clean bathroom. PRICE: $110,000

For contact on the above call Ed DePrato CELL: 780.499.2851
RE/MAX Real Estate
Office: 780.462.5000
E-mail: ed@edeprato.com

4/3/10

Several hundred condos under $100,000 in BC

From Chilliwack to Smithers, Nanaimo to Rossland, but also some houses.

$100,000 mortgage at 4% is only $527 per month.

Trail - MLS®: K190358, Price: $99,900, 2 bdrm House, Mario Berno 250-368-5000

Trail - MLS®: K182962 Price: $75,000

Port Hardy - $99,000

Ashcroft - MLS®: N196888, Price: $99,999