Is EMPIRE Rain & Senses In Oakville A Good Investment?

May 11, 2019 Off By Real Estate Club of America

Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://feedproxy.google.com/~r/FirstRentalProperty/~3/HIicngoQcqM/

Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.

So if you have any interest in purchasing a unit and if you would like to get this Builder Incentive, you need to act. You may email me directly at neil@firstrentalproperty.com to find out what the next steps are if you want to get a unit.
EMPIRE RAIN & SENSES IN OAKVILLE

Like the saying goes, “All Good Things Come To An End”.

Here is some important information on “Rain & Senses” as well as some of my personal opinions on this new condominium project:

The Good News…

Some state that EMPIRE is the second largest builder in Ontario, Canada by the amount of units.

And and where there is limited supply, we know already, and if there is demand for this limited supply, this is what pushes up property prices.
This is Wikipedia’s definition of Oakvillle:

“Rain & Senses” is a pre-construction condo being constructed by EMPIRE, located in The Town of Oakville.
Hi There,

EMPIRE is a builder, and people want to own real estate built by builders. Not to mention Oakville. Oakville is a very desirable Town

SUITES AVAILABLE: 1 Bed, 1 Bed + Den, 2Bed, 2 Bed + Den
SQUARE FOOTAGE (RANGE) OF AVAILABLE UNITS: 543 square feet to 1250 square feet
PRICE (RANGE) OF AVAILABLE UNITS: $329,990 to $739,990
EXPOSURES AVAILABLE: North, North/East, East, South/East, South West, West
TOTAL NUMBER OF BUILDINGS: two
TOTAL NUMBER OF FLOORS: 19
PARKING: One parking space is included in the purchase price (additional parking available for purchase at $30,000 + HST) (What is HST? )
LOCKER: $4,000 + HST
CEILING HEIGHT: 9′ Ceilings
MAINTENANCE INCLUDES: Gas, Common Element Expenses & Building Insurance (Hydro and Water is separately metered)
OCCUPANCY DATE: June 21st 2017 (First Tentative Occupancy Date)
DEPOSIT STRUCTURE: 1st Deposit (with Agreement) is $5,000, 2nd Deposit (30 Days From 1st Deposit) is the Balance to 5%, 3rd Deposit (Due On Occupancy) is 5 percent. For a deposit of 10%.

I enjoy this new condominium project for a few reasons:

Sometimes builders offer DISCOUNTS off of their purchase price or what they call, “builder INCENTIVES”. These reductions and incentives are made available through VIP Realtors (like myself).
Today I would like to talk to you about:
You will have to move quickly in the event that you want to buy a unit in this EMPIRE community AND if you want to get their FREE $10,000 Furniture Package.
“Detached homes in The Town of Oakville went up in value 38.4% year over year from November 2015 to November 2016. ” – Source: RE/MAX Aboutowne Realty Corp., Brokerage
In my opinion, the FREE $10,000 Furniture Package that EMPIRE is offering is a really good builder incentive.
Neil

B) EMPIRE Is Offering a FREEE $10,000 Furniture Package with the purchase of any package.

To get this remarkable $10,000 Furniture Package, and to reserve a suite to purchase, email me today at neil@firstrentalproperty.com

One gentleman that I was speaking to last week was a first time condo buyer in Toronto Canada.
With this type of increase in value, people are naturally going to gravitate towards lower such as new construction condos.
The Bad News…

Rain & Senses is SOLD OUT.
I hope you are doing well.
The majority of the people that I talk to are interested in investing in Toronto property .

Though because the housing market in The Greater Toronto Area is crazy, move fast.
Happy Investing!
EMPIRE would be second of course. (Read About: Mattamy’s Vita On The Lake Here)
EMPIRE is really going over and beyond what other builders offer as their builder incentives, and they are clearly trying to offer something of VALUE for their prospective purchasers.

I get asked by people what sort of real estate they should be investing in.

The Town of Oakville is very particular with regards to dealing with Builders. As such, the town has not approved high rise buildings to be built in The Town. Therefore, there is in my view limited inventory in Oakville as it comes to high rise condo buildings versus some of the neighbouring cities and towns near Oakville.
You understand that Oakville is an ‘ upscale ’ Town located approximately 20 minutes by car west of Toronto if you are knowledgeable about the Greater Toronto Area.
Some people that I speak to are seasoned with real estate, but others don’t have too much experience.

Builders try to get away with offering prospective buyers with incentives that are cheap and not significant. This is obviously not the case with EMPIRE. I am impressed with this Incentive that they are providing, and I believe builders should provide incentives such as EMPIRE is currently demonstrating here.

The date in which EMPIRE will no more honour this deal is March 12th 2017.

The common thread with these folks is they are interested in purchasing a condo in Toronto Canada, or perhaps a house in The Greater Toronto Area which they would live in or rent out to tenants.

Situated on Lake Ontario, in Halton Region, it is part of the Greater Toronto Area. As this 2016 census the population was 193,832, of. ”

This Remarkable 10,000 Furniture Package Offer will come to an end. It is only for a limited time.