MUST SEE OPEN HOUSE SUNDAY 1:00 TO 4:00
140-2695 Main Street
You can’t open a newspaper, or turn on your television nowadays, without seeing somebody talking about affordable housing. The story’s always the same; there’s a huge need, but very little is being done to meet that need. In our own small way, we think we can help.
If you’re someone looking for that rare affordable home, you might want to consider this 960 square foot, 2 bedroom, 2 bath home that comes complete with 7 stainless steel appliances, window coverings, large deck area, air conditioning and more. Nothing to do except move in and put your feet up in front of your 65-inch television (yes, that’s also included in the purchase price). The home can be purchased with as little as 5% down and total payments well under $1,700 per month, less than what you would pay for most 2-bedroom apartments in Winnipeg.
How do we make it that affordable? It’s all because of the unique ownership structure at Rivergrove Estates, Manitoba’s premiere manufactured home park. In our park, you own your home, but you lease the land the home sits on. This form of ownership structure is used for many of the recreational areas in the province (Falcon Lake, the Whiteshell, Clear Lake, Hecla Island, etc.) as well as for many high-end resort properties in the U.S.
This unique ownership structure means no Land Transfer Tax on the purchase (approximately $2,500), no property taxes (easily $300 per month) and you get a tax credit on the monthly rent you pay for your lot. And the lease on your land falls under the Provincial Rent Control Legislation, so there’s little likelihood of a large rental increase in the future.
There’s only one, and when it’s gone, it’s gone, so if you’re in the market for an affordable home, make sure you see this unique opportunity!
To arrange a private viewing, or to receive a detailed information package, call/text Tom Creighton at 204-229-1775, or email FBB@MTS.NET.
RIVERGROVE ESTATES
CITY CONVENIENT! COUNTRY QUIET!