Investing in Canada & US Real Estate - New Condo Pre-Construction Projects for Investment
An informational condo blog that presents new and exciting pre-sale apartment projects in Canada and the United States. If you are looking to invest in American or Canadian real estate, this resource will provide you all the info you require to make an informed purchase decision.
Tuesday, June 2, 2009
Maximize Your Positive Cashflow by Investing at Pre-Construction Hamilton Grand Hotel Condominiums for Sale - Unique Condo Hotel Investment Strategy
The Hamilton Grand Hotel Condos for Savvy Canadian Real Estate Investors
Here is the latest on the new Hamilton real estate investment opportunity at the unique hotel condo at the Hamilton Grand property under construction. Be part of a Hotel Business says their latest advertorial. Fully furnished one bedroom suites at the pre-sale Hamilton Grand Hotel condos for sale start from just $199,900, so get into an entry level Hamilton condo real estate investment for less than $200k! Suite condo owners share ALL revenue streams through this high end Hamilton Grand Hotel real estate development, which is much different from a traditional condo-hotel development where each individual owner or investor has to fend for themselves and amongst the many owners of individual suites. But not here! What’s included in this fabulous new Hamilton Grand Hotel condo opportunity for purchase? Daily hotel guests, extended stay monthly, long term leases and great venues for weddings, banquets with catering, business meetings and parking for hourly and monthly tenants. In addition, the pre-sale Hamilton condos for sale at the new Hamilton Grand Hotel real estate development will include twenty four hour room service, a lobby bar, dining room, news stand and twenty four hour coffee shop, providing excellent amenities to all tenants, visitors and business travelers. Also available at the pre-construction Hamilton condominiums at the Hamilton Grand Hotel condos for sale right now include spa and guest services, in room movies, phone, high speed internet and lobby retail for a five star experience. Maximize Your Cash Flow – How Does it Work at the Pre-Construction Hamilton Condos at the Hamilton Grand Hotel?
The pre-sale Hamilton Grand Hotel is truly real estate investor friendly. The legal structure is simple: each Hamilton condo real estate investor has clear title to an individual pre-construction Hamilton condominium and the revenue split is unusually fair (90% to the Hamilton condo suite owners which is divided equally amongst all property owners). The Hamilton Grand Hotel condo units are not merely hotel rooms; they are all one bedroom apartments, with a kitchen, laundry, bedroom, living/dining room and a workstation/desk. The price for the pre-construction Hamilton condos at this Grand Hotel condominium includes a complete furnishing and décor package (plus linens, towels, china, and all amenities one would expect in a luxury five star hotel). In addition, Hamilton condo investors own more than just a suite. Investors in the Hamilton Grand Hotel condos also proportionately own the banquet and meeting rooms, dining room, lobby bar, café, retail and spa facility as well. Through a custom designed property management program, all the revenue streams and operational costs are pooled, with the surplus distributed equally amongst the Hamilton condo owners. In most other ‘condo-hotels’ in Canada, the condo and the hotel are actually separate; at the pre-construction Hamilton condo Grand Hotel, on the other hand, the condo IS the hotel, and the pre-sale Hamilton condo owners ARE the hotel owners as well. Think of it as a hotel with 190 owners. Because revenues and costs are pooled, a Hamilton real estate investor need not worry about anyone receiving preferential treatment. It does not matter how often a Hamilton Grand Hotel condo suite is actually occupied, the owner receives an equal share of the revenue. All pre-construction Hamilton condo suites at this property development are constantly maintained (and repaired immediately) by the hotel itself.What’s In It for Hamilton Real Estate Investors for these Presale Hamilton Condos?
For a Hamilton real estate investors, the higher the cash flow, the better. Not only does higher cash flow offset expenses, but higher cash flow translates into higher property values here at the Hamilton Grand Hotel condominiums for sale. That’s why hotels are so appealing to large sophisticated investors in real estate, corporations and institutions. Let’s consider an example: if a condo suite is used as rental apartment, it might generate $800/month; however, if used as a hotel, the same property could generate $150/night (or 500% more in investment returns). Even factoring in vacancy allowances and costs (which would apply to both scenarios in Hamilton condo investments), hotels generate far higher revenues ‘per key’ while using much smaller spaces. On a ‘dollar per square foot’ basis, there is just no comparison between a regular pre-construction Hamilton condo investment versus the Hamilton Grand Hotel condo option. A hotel will also generate additional revenues from many sources, such as the banquet hall, dining, bars, a café, lobby retail sales, room service, long distances, movies and much more. In aggregate, the revenue per suite in the Hamilton Grand Hotel Condos usually averages several thousand dollars per suite per month. Unfortunately, however, for an individual Hamilton condo real estate investor, owning and operating a hotel is not a practical option. Now, the pre-sale Hamilton Grand Condo Hotel makes hotel type income possible for the individual Canadian real estate investor, and at an affordable price too. In 90 days, over sixty per cent of all the suites at the pre-construction Hamilton Grand Condo Hotel have sold!
In an era of uncertainty, Canadian real estate investors appreciate ‘bricks and mortar’. One does not have to be an economist to appreciate the food and shelter are not temporary fads, and that an architecturally grand building, in a highly visible, city centre Hamilton real estate location (only one block from a commuter train station) will always have value. And compared to the ‘financial products’ offered on Bay Street and Wall Street, the Hamilton hotel business is timelesss and understandable. Not only is the pre-sale Hamilton condos at the Hamilton Grand Condo Hotel for sale a property investment that you can be proud of owning, but the experience is stress-free, with professional management on site ‘24/7’ and a monthly statement provided with cheque attached for your positive cash flow property. Meanwhile, you can sit at the lobby bar in your hotel… and watch the guests check-in. For further information regarding the Hamilton Grand Hotel Condo real estate purchase and investment opportunity in the best Hamilton real estate project, please feel free to visit the comprehensive website at www.hamiltongrand.ca. Special bonus for early condo buyers at the Hamilton Grand Hotel property is that five years of property taxes will be refunded. Visit www.hamiltongrand.ca or call 289.389.1022 for additional details about this ground level new Hamilton real estate investment opportunity that is brought to you by established and experienced developers.
Labels: Hamilton Grand Condo Hotel, Hamilton Real Estate Investment, Investing in Condo Hotels, Maximize Positive Cashflow, Property Investing in Canada, Return on Investment
The Pre-Construction Hamilton Grand Condo Hotel - Great Pre-Sale Hamilton Condominium Real Estate Investment - Unique Opportunity Offered!
CASE STUDY: The New Hamilton Grand Condo Hotel – Good Investment, but How Does It Compare?
Located in the very central nerve of the business district in the heart of the most valuable Hamilton real estate district, the Hamilton Grand condo hotel is a one hundred and seventy seven condominium suite hotel, due for completion in the early part of 2011. There are many things and features that are very unique about this pre-construction Hamilton real estate development. Firstly, the pre-sale Hamilton Grand condo hotel building will set itself from the crowd as it is the only legally structured hotel condominium, with every presale Hamilton condo suite having an individual owner, but operating as a full hotel. A property management company will run the new Hamilton Grand condominium hotel on behalf of all the property investors and owners, who will not be actively involved in renting the pre-construction Hamilton condos. Real estate investor returns are based on the income of the entire real estate property, not the rent per individual Hamilton Grand suite. Each of the 177 hotel rooms at this new Hamilton real estate development is a one bedroom condo priced at $199,900 with the exception being the one bedroom penthouse suites at $219,900 and includes furniture and a built in home theatre system, ideal for hotel suite guests. The projected rental rate at the new Hamilton Condos at the Hamilton Grand Hotel is set at about $150 per night and at full occupancy, this equals ot about $4,500 per month in gross revenue in rental returns. This does not include entertainment income that hotel guests at the pre-construction Hamilton Grand Hotel condos will spend during their stay. Even then, the analysts of the Hamilton real estate development expects that even with a conservative 35% vacancy, property investors can still expect about $2,000 per month net return after all expenses are paid. This does not, however, including mortgage costs for individual Hamilton condo grand suite, which are the responsibility of each individual investor. A lack of Hamilton hotel supply makes this a good choice for this real estate development because as the city continues to prosper, there will be growing demand. Also of note is the City of Hamilton real estate development initiative, which includes a property tax rebate of five years for your purchase of a new Hamilton Grand condominium. For more information, floor plans, pricing and availability of the suites here at the pre-sale Hamilton Grand condo hotel suites, please contact them at 289.389.1022 for additional details. A once in a lifetime opportunity only needs a few minutes of your time. Realize your dream of positive cash flow properties today at this new Hamilton condo development. Why Invest in Hamilton Real Estate?
The Hamilton property market is resilient. With average vacancy rates at 3.2% and a low average price of Hamilton real estate around $264,549, Canadian real estate investors who want positively geared properties should consider this city. Already undergoing tremendous transformation and revitalization, Steeltown has become boom town. A sustainable population of $504,599 sure helps the stability of the Hamilton real estate market as does an increasing median income, job growth and the economy. The average rent for a one bedroom Hamilton condo suite is about $681/month while a two bedroom Hamilton condominium is $836/month. Single family homes in Hamilton property are hot buys as are student rentals in the area. Being just 65 kilometres from Toronto real estate, Canada’s largest city in addition to Burlington and other major cities in Ontario, Hamilton real estate is burgeoning in growth and development. Hamilton property was recently named one of the top 10 towns in Ontario to invest in by the Real Estate Investment Network (REIN). Having missed the boom of the early 2000’s, Hamilton is now undergoing major growth and people are starting to realize this.
Labels: Canada Rental Condo Market, Condos for Rent, Hamilton Condos, Hamilton Grand Condo Hotel, Hamilton Real Estate Investment, Investing in Condo Hotels, Rental Apartments ROI, Return on Investment



