***UNIQUE INVESTMENT OPPORTUNITY***

Seller financing available so no need to qualify for mortgage anytime soon - zero or low down payment options available, low interest rate options - long term tenants in place now, perfect for investors. We could try to figure something out with the existing tenants if you wanted to live here instead of rent it out. Will be a great investment for someone who wants to own a rental property!

Currently under lease for $2400/month rent until August 31st, 2025. This is a fairly high end condo for the area and in very high demand from renters for it's location, space, and layout. Unit has never gone vacant a single month in the last 15 years.

Amazingly spacious penthouse suite - about 1300 sqft of space on 2 separate floors. Tons of storage available.

Address is 8108 109 Street.

- 2 bedrooms - 2 bathrooms - heated UG parking - 2 balconies on 2 floors - in-suite laundry / dishwasher / NG fireplace - air conditioning & natural gas BBQ for the summer! - 3rd floor (top floor) - lots of natural sunlight throughout unit

Close to UofA, whyte ave, LRT, hospital, etc. Fantastic place to live or invest!

Video Walk Through: https://youtu.be/iNXeASnOY2Y

Common Questions:
1. Fixed Costs? The total for property taxes, insurance, and condo fees is about $1050/month. That means when mortgage free, this property has positive cash flow of $1350/month, which is very rare to find in a single condo unit! Very profitable.

2. Why am I selling? I have 2 young kids, and am not looking to have investments that could pull me away from the family to take care of a repair, or other landlord responsibility. My wife frowns upon this haha. Aside from that, doing this allows me to save the realtor fees and earn interest through the seller financing loan I give to you. It's a way of diversifying my investments.

3. How does the seller financing work? I'd propose an Agreement for Sale type of approach, which allows me to have a bank mortgage in place to finance you. We write in all the financing payment terms into the AFS. All the details are negotiable (interest rate, amortization, financing length, etc). Generally speaking, I'll be able to give you better financing terms the higher your down payment goes as my risk is reduced. Reach out and let's figure something out. With a traditional sized down payment, you're easily cash flow positive on the property and building lots of equity.