Hot property May 10, 2008

Hot PropertyHot Property For This Week


Saint John, New Brunswick

Things are changing here ... lots of new employment ... eliminating large corporation capital tax. New liquified gas terminal. Refurbishment of the Point Lepreau nuclear power plant.

1. 45 minutes from St. John... 6 suites on the waterfront in fishing village ... $66,000 - 10,000 per unit

2. 8 suite brick building in St. John ... $289,000, 36,125 per unit

3. 9 unit building, hardwood floors throughout $299,500, 33,100 per unit

4. 12 Units $339,000 - 28,150 per unit

 

Previous Hot Properties:

5/3/08

Assignments

Check out Craigslist.com and look up 635 assignments of pre-sales ... there are some good jewels among the chaff - particularly in New Westminster.

 

4/26/08

House in Kitimat

All new kitchen, newly updated 2 baths, new furnace, new shingles, big living room with gas fireplace, lots of windows overlooking yard ringed with big evergreens, new deck outside, attached, single car garage, Kildala (good) neighborhood, 5 min walk to new Olympic sized pool. $139,900 listed with Michele Forbes Royal Lepage 250-639-3713.

 

4/5/08

Recreational Property 2 hours from Vancouver:

Harrison Hot Springs home for $387,000

9 waterfront homes under $800,000 in Half Moon Bay and Secret Cove...

 

3/22/08

1. You can buy 1,000 acres of cultivated cropland near Eyebrow, Saskatchewan for $300,000 (Tim Hammond Realty 306-948-5052), or less than the price of a Burnaby condominium. No guarantees, but this an example of how being a remote farmer/investor could pay off.

2. If you are a Manitoba redisdent ... get into the lakefront auction. In Manitoba, there is so much lakefront that the province is expected to hold another cottage lot draw this year, wherein for a $100 deposit, Manitoba residents have a chance to buy waterfront lots for, in some cases, at less than $25,000.

See the web page at www.gov.mb.ca/conservation/cottaging/ for updates on the 2008 draw.

3. Enfield No. 194 (Eyebrow, Saskatchewan) $299,000. MLS #259512

 

3/15/08

Miami
house/
condo
sq. ft.
original
price
current
price
%
Miami Shores
house
1,220
$452,000
$239,900
-47%
Miami
house
1,435
1,900,000
520,000
-73%
Miami Beach
house
2,530
1,980,000
1,100,000
-44%
Pompano Beach
condo
1,390
490,000
279,000
-43%

 

3/8/08

Hope, riverfront property (11,550 square-foot lot), 4 bedrooms and den, 2030 square foot split level home. Enjoy the breathtaking views of the mountain as you listen to the river from the deck. Watch the salmon spawn. Terraced and fenced backyard leads to walk-on riverfront. Price: $359,800.

Winnipeg, 4-PLEX, bi-level style, frame construction with u/d-f/b units layout. The 2-bedroom units rent at $600 x 4, $2400 per month gross rent. Price: $119,900.

Prince George, Westwood, revenue. 3 bedrooms with 2 bedroom-suite, possible VTB considered. Price: $199,900.

1/26/08

Fanny Bay/Union Bay
Ocean view 3 bedroom home with new septic system, $285,000.
MLS®: 245128

Black Creek
3 bedroom rancher with den located on a 0.47 acre corner, $260,000.
MLS®: 245045

1/19/08

1. Ozzie will give 7 new areas to invest in at the World Outlook Conference

2. There are 32 houses in Smithers and area under $250,000:

New Hazelton, 1,440 sqft. 2 bedroom home...120 x 132 ft lot $67,900 MLS®: N174258
New Hazelton (Near Smithers) 4 bedroom home on 4 lots $85,000 MLS®: N174349

Smithers:
2 bedroom home, close to swimming pool $99,900
3 bedroom home plus 1 bedroom suite $219,900 MLS®: N178392

 

1/5/08

The following are good value ... close to Alberta ... mostly half the price of Whistler.

In the last 4 years we recommended on CKNW these areas ... all up sharply in value...

Location
2007
2006
%
Kamloops
$363,000
$261,000
+28%
Fernie
310,000
243,000
+22%
Rosen and Tye
972,000
566,000
+42%
Rossland
262,000
204,000
+22%
Trail
184,000
128,000
+31%
Kimberley
249,000
185,000
+26%
Kimberley City
202,000
149,000
+27%
Kimberley Ski Hill
553,000
371,000
+33%

All areas we talked about are up:

Osoyoos, Oliver, Prince George are 18% higher, Kitimat is 10% to 30% higher (some suburbs 65% higher!), Cranbrook is 28% higher, Salmon Arm 20% higher, Prince Rupert is 10% to 30% higher. Commercial and industrial warehouse assessments have soared. Nanaimo warehouses are up by 50% in assessments. Revelstoke 50% higher.

12/22/07

Not all markets are hot in Canada:

Bathurst, New Brunswick
(MOTIVATED!!! Selling below appraisal!)

1. Bathurst: Gorgeous 4 bedroom, 2 bath, top-of-the-line home with view of Bay. RENT-TO-OWN this incredible home for just $169,800.

2. Up-Down duplex has 3 bedrooms in each unit. RENT-TO-OWN this cash-flow Duplex for only $79,800.

3. Large 4 bedroom family home. RENT-TO-OWN for only $68,800.

***Recent Appraisals show combined value of $273,000.

***Will sell all 3 for $220K (all-cash)

RENT - to - OWN or may trade for Vancouver Island property.

Contact Cornell at Tel: 250-616-9053.
Email: cornellp@4pillars.ca

 

12/15/07

1. Kootenays are still booming ... $200 million in construction going on in Kimberley

2. Northland Properties Group has acquired an equity interest in Revelstoke Mountain Resort, B.C.’s new ski resort opening December 22nd.

3. Two 1 Bedroom suites in Kimberley $82,500 and $87,700

12/8/07

ASSIGNMENTS:

Assignments may be the hottest property now. Some buyers who bought 2 years ago ... now do not want to or cannot complete. You may be able to buy a unit at '2 years ago' prices.

Go to assignmentscanada.ca - This week 180 assignments in Vancouver ... neatly grouped by area and building.
Go to craigslist.com - This week 79 assigments.

 

12/1/07

Las Vegas:

1. MLS 774966
Brand new condo - 1,786 sq.ft, 3 bdr, 3 baths, air conditionaing, pool, $224,900

2. MLS 774635
3 years old, 2,296 sq.ft. rancher, 3 bed, 3 baths $249,000

 

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Landquest matt@landquest.com. I represent Buyers and Sellers of Rural, Recreational & Lifestyle Properties all over BC. As a Seller's Agent with LandQuest Realty I have the skills, experience, contacts and geographic knowledge of the province to competently market and sell unique properties in various locations. Through creating customized marketing plans and targeted communications I along with LandQuest Realty's marketing system, can help you get the most out of your real estate. As a Buyer's Agent, I can help you find that perfect weekend retreat, retirement residence or ideal recreational and lifestyle property. For more info log onto www.recreationallifestyle.com or our corporate site at www.landquest.com. 604.694.7628.

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