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Detailed Information
Remarks: Modern 3 bedroom townhouse in desirable Arrowhead Point complex. This investment benefits from RRSP Second Mortgage financing which leverages your investment to a 15% down payment or a total of 21% total investment. The terms of the financing are competitive at 13.5% interest only per year. What really makes this financing structure impressive is that you are not making any payments on principal or interest until the balloon payment is due in 2012. Immaculate condition, attracting solid equity building tenants. Rock solid revenue, appreciation and equity producing property.
Additional Info: This property is partnered on.