LIS - Quick access to QE2 highway Short commute to Calgary Built by a stable, experienced multi-family builder High rental demand continues in ...
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EN EGRE DABL FFOR ISHA STYL T M E N T N I N V E S THE Z E U I D E E R T Y G PROP Quick access to QE2 highway Built by a stable, experienced multi-family builder Short commute to Calgary High rental demand continues in Airdrie
ZEN ravenswood in airdrie Townhomes built by award winning Avalon Master Builder, incorporate the latest in green building techniques and technologies and are Energuide certified. stylish designs & features 1026 - 1363 sq.ft. 2 bedroom single level garden homes with private patios 2 and 3 bedroom townhomes with and without attached garages 1 assigned parking stall with all homes (except laned homes which have garages) i nve s t i n zen. com Alberta New Home Warranty protected desirable location Well positioned near the QE2 Highway CrossIron Mills is just minutes away and the Calgary International Airport lies a few kilometres to the south Deerfoot Trail offers a quick, uninterrupted drive to Downtown Calgary time to purchase is now Historical low interest rates contributes to immediate positive cash flow for investors Strong net migration continues for the Calgary CMA area including Airdrie Rentals are still demanding higher rental rates due to limited supply 2
ZEN is the smart choice for maintenance free condominium living. Durable material choices and superior energy efficient construction translates into lower operation and replacement costs. Research has shown that a 'green' built home has a higher occupancy rate and higher resale value. about ZEN ravenswood in airdrie key ZEN features built to last Low-maintenance professionally landscaped 5 year asphalt shingles roofing with 7/16” water-wise common grounds Bluwood roof sheathing Innovative bungalow garden homes with private Optional unique “rainscreen” moisture guard outdoor courtyards and 2 level townhomes with system to shed water and protect against private fenced yards unwanted moisture Choice of three interior designer selected colour Hardie Board concrete siding exterior palettes Optional comprehensive inspection and photo Energuide certified documentation program over entire construction process All drywall used in framing process is paperless smart and stylish concrete board Open floor plans with stylish kitchens for today’s casual lifestyles Six brand name appliances included energy efficient Full height kitchen backsplash with eye‑catching Radiant in-floor heating in the single level living glass tile garden homes Plush carpet with durable 8lb underlay Programmable Energy Star thermostat with dual set back and HRV Vinyl floor in bathrooms, front entry, kitchen and pantry All ductwork joints and penetrations sealed with low toxic mastic sealant 2” underslab insulation Energy Star vinyl dual glazed argon filled low-e windows It all adds up to a smart real estate investment. Visit www.investinzen.com for site plan, floorplans and detailed specifications. 3
highly desirable location The community of Ravenswood in Airdrie allows Within Airdrie there are a multitude of outdoor you can take pleasure in the quaint charm that parks and walking paths. Airdrie's Nose Creek Airdrie offers while enjoying great access to big Park offers 40 acres of green-space and over 3 city amenities such as: km of paved trails. A pond offers skating in the winter and a home to various species of water CrossIron Mills only 10 kilometres away fowl in the summer. Festivals and recreation Calgary International Airport 20 minutes opportunities occur year round. south Deerfoot Trail offers a quick, uninterrupted drive to Downtown Calgary. For those who travel frequently or need quick trips out of town, Ravenswood is well positioned near the QE2 Highway. Stoney Trail offers convenient access to Banff and Kananaskis Country. investinzen.com 4
airdrie advantages location employment growth On the Calgary-Edmonton corridor (QEII) and Average household income in Airdrie has increased minutes from the Trans-Canada Highway from $98,533 in 2009 to $114,113 in 2014 and the Only 20 minutes to the Calgary International projected estimate for 2017 is $128,0663 Airport and 35 minutes to downtown Calgary More than 50,000 vehicles pass daily by Airdrie on the QEII highway.1 Despite lower oil prices - the average level of Airdrie has proven to be a popular home for employment in Alberta is forecast to be 0.6% higher many WestJet employees, along with others than in 20145 working out of the nearby Calgary International Airport.2 airdrie employment predictions6 young population 30,000 30,999 28,273 One of the fastest growing cities in Canada 26,289 25,000 36 percent of Airdrie residents are 24,471 22,581 between 25-44 years of age4 20,000 20,112 15,000 thriving 14,938 10,000 Airdrie has a regional market of nearly 1.5 million people and a local trade area of more than 53,0001 5,000 Airdrie is an important hub for commercial and service operations and is closely tied with the 0 Calgary marketplace 2008 2013 2018 2023 2028 2033 2038 year Millions of dollars in infrastructure and amenities to support the growth of Airdrie is planned by the strong municipal leadership sources: 1 City of Airdrie - Airdrie's business advantage http://www.airdrie.ca 2 www.calgaryherald.com/homes/Airdrie+young+city+rise/8738963/story.html 3 PCensus Online prepared on April 14, 2015 4 City of Airdrie 2014 Municipal Census. Total Respondents 50,473 (does not include 4,418 No response and Prefer not to answer) 5 Labour Market Notes, http://finance.alberta.ca/aboutalberta/labour-market-notes/2015/2015-04-labour-market-notes.pdf#page=2 6 City of Airdrie, http://www.airdrie.ca/index.cfm?serviceID=481 5
housing rental market average row rents continue to rise in calgary CMA average two-bedroom rent ($) 1,300 1,200 1,100 1,000 900 800 700 600 500 400 300 200 100 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 year housing rental market Population growth leads to housing demand and Calgary CMA (Census Metropolitan Area) is expected to attract 15,000 migrants in 20151 Vacancy rate for row/townhouse rentals remains low in the Calgary CMA and led to an increase in average rents2 The average rent for two-bedroom row units in the Calgary CMA was $1,230 per month in October 20142 1 Statistics Canada, Conference Board of Canada Forecast, CREBNow.com 2 CMHC Rental Market Outlook Report for Calgary CMA, Fall 2014 6
why real estate? leveraged investment the benefits of a Real estate is a high performance long-term investment vehicle. Just like the stock market, leveraged investment time is on your side when investing in real estate. A leveraged real estate investor buys real estate The difference is leverage. While a bank will not worth many times the down payment. A property usually put up 80% of the cost for an investment worth $100,000 can be purchased with a $20,000 in stocks, bonds or mutual funds, a bank will downpayment. provide up to 80% of the cost for an investment You benefit from the growth of the property value, property. not just the original investment, which multiplies The chart below assumes a cash investment of your returns. $25,000 for a $100,000 condominium and an The principal of the mortgage is paid down by a annual appreciation of 3%. tenant who essentially buys the investment for you. In 25 years, the property is worth over $200,000 and still providing monthly income. The investment has increased 8-fold. Even in a flat real estate market, the asset worth is 4-fold, which you now own 100% and is providing monthly income. $209,400 $250,000 200,000 real estate appreciation at 3% 150,000 mortgage paid by tenant (rent) 100,000 50,000 0 original $25,000 investment 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 RETURN ON INVESTMENT OVER 25 YEAR PERIOD Source: Refocus Consulting 7
return on investment EXAMPLE: Level Living Garden Home Initial Net Purchase Price $241,810.00 GST $12,090.00 Total Purchase Price $253,900.00 Minus 20% Downpayment $50,780.00 Total Mortgage Amount $203,120.00 Loan to Value Ratio 0.8 Net Income/Loss Initial Total at 5 Years Monthly Mortgage Payment - 25 yr ammortization, 2.99% 4 years*, monthly payment $909.00 $54,540.00 Condo Fees $178.00 $10,680.00 Estimated Property Taxes $100.00 $6,000.00 Total Monthly Costs $1,187.00 $71,220.00 Estimated Monthly Rental Income (based on rentfaster.ca May 2013 stats) $1,500.00 $90,000.00 Net Income/Loss $313.00 $18,780 Return On Investment at 5 Years Total Investment $50,780.00 Mortgage Paydown (at 5 years) $31,238.00 Mortgage Remaining (at 5 years) $171,882.00 ROI with No Capital Appreciation Value of your Investment (actual purchase price = / - cash flow - mortgage remaining) $63,238.00 Value of your Investment (value of investment / total investment) 197.62% Annualized ROI – % 11.37% ROI with Capital Appreciation (approx 1.9% annual appreciation) Value of your Investment (actual purchase price = / - cash flow - mortgage remaining) $88,292.66 Value of your Investment (value of investment / total investment) 275.91% Annualized ROI – % 12.75% * For illustration purposes only. Prices subject to change without notice. This document is for information only and is not an offering for sale. Any such offering shall only be made in conjunction with the delivery of a real estate purchase contract. E.&O.E. 8
avalon master builder Avalon Master Builder is a progressive Calgary Green building represents the platform for our home home building company engaged in the building. Avalon has been a leader of green building development and construction of condominium techniques and technologies in the Calgary Region. townhomes and single family homes in the Calgary All Avalon homes meet standards in energy Region. At the core of our business, we believe efficiency, water conservation and sustainable people should come first, that quality homes should building practices and each home is tested and be available at a reasonable price and what’s good audited by an independent third party. for our environment is also good for our customers. Greater comfort, energy efficiency, durable materials and healthier indoor air quality that saves the homeowner money are just some of the benefits of owning an Avalon built home. Since 1983, Avalon Master Builder has built homes that people love to live in. Avalon has a Master Builder designation, is a member of the Canadian Home Builders’ Association (CHBA – Calgary Region), and a member of the Alberta New Home Warranty Program (ANHWP). Find out more about Avalon here www.avalonmasterbuilder.com 9
ZEN Ravenswood in Airdrie 2400 Ravenswood View SE Sales Centre Hours Monday - Wednesday: 2pm - 8pm Weekends & Holidays: 12 noon - 5pm Contact Sherry Duperre Phone 403-805-0423 Email sduperre@avalonmasterbuilder.com INVESTINZEN.COM This document is for information only and is not an offering for sale. Any such offering shall only be made in conjunction with the delivery of a real estate purchase contract. E.&O.E.
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