What constitutes the best properties for investment in Calgary? Or in Canada?
Are you in the Calgary real estate market looking to buy your first home? Or maybe you're moving up from your condo or townhome and want to own real estate in Calgary? Perhaps you're looking for a property that can also serve as a real estate investment or income property in Calgary?
People are always looking for a way to boost their income or have a second income stream. Investing in Real Estate properties like this half duplex with a Legal Basement Suite is a good start towards turning a home into an income property or rental property.
Suppose you're looking for a real estate investment in Calgary that provides a net positive cash flow per month. In that case, you may be thinking between buying a resale property or a new build from reputable Calgary builders. If it's a resale, then you may feel like the Calgary real estate market is hot.
Today, the LiveInnerCity Real Estate Team presents an example of a new build investment property from a reputable builder, Truman Homes. These new builds are geared towards being a great income property which is good if you want to invest in Calgary. These are turnkey half-duplex properties with a double detached garage and a legal basement suite.
Legal basement suites provide a valuable source of rental income which can help you secure and pay for your mortgage. It also provides the added benefit of having a second source of income and increasing the home's value as an investment or rental property in Calgary. The income you can get from legal basement suites can go a long way in helping you achieve your financial and investment objectives.
In this video, Felix Chan and Jasben Lai, two of the top Calgary Realtors who have helped many investors buy income properties in Calgary, will give you a tour of this new and exciting revenue property in Calgary. Their previous tour showcased a finished and staged $460,000 Calgary Investment Property located in the city's north side.
You get to see this highly desirable investment property on this tour. As an investor, it's essential to see what your investment looks like. With this new build, it is turnkey; there is nothing you have to do except move in or start looking for tenants, which shouldn't be a problem considering the location and what the home offers.
Felix Chan and Jasben Lai (Calgary Realtors) explains the problems a new build like this solves compared to buying a resale property. You will generate more positive cash flow, have fewer headaches, and the income property will be compliant with the city of Calgary.
Don't miss out on the potential real estate cash flow on this Calgary real estate investment! Contact us to find out more about these investment properties in Calgary [ Ссылка ]
This is LiveInnerCity's Real Estate Income Property in Calgary Tour with a Legal Basement Suite - What Under $500,000 can get you!
Time Stamp:
00:00 - Introduction to Investment Property in Calgary
01:02 - Resale vs. New Build
02:01 - Benefits of a Newly Built Income Property - Sound Dampening
05:05 - Legal Basement Suite in a Rental/Income Property in Calgary
05:52 - Buying Now or Waiting a Newly Built - Pros and Cons, Risks
07:20 - Summary of Resale vs New Build
08:23 - Start of Half-Duplex with Legal Basement Tour
08:47 - Entrance
09:11 - Living Room
09:22 - Kitchen with upgraded appliances
10:18 - Dining Room
11:41 - Second Floor and Bonus Room
12:12 - Master Bedroom with Huge Windows
12:47 - Master Ensuite
13:45 - Laundry Room
14:07 - Second and Third Bedroom
15:00 - Entrance to the Legal Basement Suite
15:48 - Huge Basement Suite Kitchen
17:02 - Basement Bedroom
17:29 - Full Bathroom
19:45 - Who is this investment property for?
21:05 - Who will buy this in the future?
22:16 - Applications
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RESOURCES & LINKS MENTIONED IN THIS VIDEO
$460,000 Income Property Tour in Calgary
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Calgary Income Property with Legal Basement and $553 NET CASH FLOW
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Contact LiveInnerCity for Investment Properties
[ Ссылка ]
Real Estate Investing in Canada – Value Appreciation // Ep. 1
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Real Estate Investing in Canada – Active Appreciation // Ep. 2
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Real Estate Investing in Canada – Principal (Mortgage) Paydown // Ep. 3
[ Ссылка ]
Real Estate Investing in Canada – Positive Cash Flow // Ep. 4
[ Ссылка ]
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