I have listed a new property at 637 Princess Avenue in Brandon.
D21//Brandon/Waiting and ready for you to write your own success story as this open floor plan can be whatever it is your business needs desire. The blank canvas second floor 3000 SF space could be transformed into a successful business i.e. sports bar, clothing/shoe store, showroom, construction material display store, Religious Temple etc. Vendor is willing to support lessee through the initial process. The square footage asking price is plus triple net (tax share + insurance + utilities). (id:2493)
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I have listed a new property at 424 Queen Street East in Virden.
R33//Virden/You will love all that this spacious home has to offer! The gorgeous updated kitchen is open to a generous dining room area with French doors leading to the relaxing three-season sunroom. Large windows on both levels give loads of natural light. There are three bedrooms up and two down and three full bathrooms. In the roomy master bedroom you will find a walk-in closet and a 4pc en-suite. The lower level rec room includes a large living room of which features a wet bar and offers an adjoining room large enough for a pool table, perfect for hobbies and entertaining. The unique front entrance boasts heated tile to welcome your family home. The attached garage is heated. 65' lot shows off a huge, fenced backyard of which is made very private with trees. The location is ideal, a quick walk to arena, pool, elementary school & playground, medical facilities and more. Call your REALTOR today to book your personal tour! (id:2493)
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I have listed a new property at 1 Rainbow Bay in Brandon.
B13//Brandon/Brookwood subdivision bilvel situated in sought after Rainbow Bay! This custom built 1475 SF 6 bedroom bilevel with vaulted ceilings is situated on a corner lot with a gorgeous view and no neighbours directly behind. A spacious entrance with double closet leads you to an open concept kitchen/dining/living area perfect for entertaining guests and family. Double garden doors open up to a large raised deck and a fenced landscaped backyard with with plenty of room to host gatherings. The primary bedroom boasts an en suite with jacuzzi tub and walk-in closet. The lower level includes a spacious family room and three more bedrooms. Other notable features: Heated insulated double attached garage and in-ground sprinklers. Call your REALTOR today! (id:2493)
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I have listed a new property at 201 Elm Drive in Oak Lake Beach.
R33//Oak Lake Beach/The affordable Oak Lake Beach cabin you have been waiting for! Move right into this cozy cottage which boasts vaulted ceilings, open concept living and dining and a full main floor bath. You'll be pleased to find a large primary bedroom as well as a loft space for the kids. The oversized wrap-around deck is perfect for family and friends to gather and enjoy. Hard wired unlimited high-speed fibre optic internet is installed and this corner lot property is located close to the store, 18 hole golf and all the lake offers! (id:2493)
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I have listed a new property at 663 16th Street in Brandon.
C20//Brandon/The character home you have been waiting for! Featured in the 2017 Dreamworks production "A Dog's Purpose" this 3 bedroom 2 bathroom two storey home has it's own unique style and cozy feel. Inside you will find 9 ft ceilings, original hard wood floors and a bonus south facing 280 SF enclosed veranda. The living room features a corner wood fireplace and formal dining room. Around the corner you will find a bright kitchen with built in microwave and plenty of space for meal prep. The upper level features three large bedrooms, a full bathroom, and a covered balcony. The partially finished basement features a laundry room, high efficiency furnace, updated 200 amp electrical panel and a gorgeous new renovated bathroom featuring subway tiled shower and heated floor. Outdoor shed and hot tub also included. Call your REALTOR today! (id:2493)
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I have listed a new property at 9 Government Road in Alexander.
BSW//Alexander/Beautiful Alexander 2 + 1 bungalow featuring oversized 75' X 230' lot with fenced yard and 16' X 10' raised deck. The main level boasts open beam ceilings, open concept living room and kitchen/dining area featuring maple cabinets. A four piece main bath and two spacious bedrooms complete the main level. The fully finished lower level features another spacious bedroom a large rec room another full bathroom, utility room and laundry/storage room. There is also bonus storage area underneath the stairs. Call your REALTOR today before it's gone! (id:2493)
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I have listed a new property at 17 Christie Bay in Brandon.
B11//Brandon/This Beautiful 3 + 1 Bungalow is the home you have been waiting for. Look no further!! This home has plenty of space for your family to enjoy along with a backyard featuring an oversized deck with hot tub surrounded by mature trees making it a quiet/private setting. Inside you'll be pleased to find an updated kitchen featuring all the cupboard space you were looking for and a large Island with quartz countertop for the whole family to enjoy. The lower level features a dry bar, large rec room, a fourth bedroom, another full bathroom, and a massive utility/laundry/workshop with tons of extra storage space. Other updates include: A/C, Furnace, HWT (2015) and Deck (2019). Call your REALTOR to set up a viewing today! (id:2493)
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If you are looking forward to investing in real estate, it might do you better to know the difference between single-family homes and multi-family homes. Understanding the distinction between the two will let you know which is more advisable to invest in and which would be more profitable in the long run.

Without further ado, here are three reasons why a multifamily real estate property is a better investment rather than a single-family home.

1) Better Stability

When it comes to economic stability, your best option out of all types of commercial real estate is multi-family homes, not just over single-family homes.

People always need a place to live—homes will always be the last thing they give up. Cars or businesses will not amount to the value of homes. They always have to settle down somewhere, which is why multi-family homes are stable sources of profit.

If you invest in a single-family home, your profit will easily drop once a tenant leaves. In contrast, when you have a multi-family home, the loss of one tenant will still impact your profit but not as much as that with single-family homes. In addition to that, multi-family homes have a slower downturn when it comes to rates of rent dropping.

2) Higher Value

When you have a multi-family home, you have more control of your real estate value. This is something that professional investors greatly value, so you should, too.

Single-family homes are valued by using a comparative approach. This process means that if your house sells for $1,000,000, it will only be worth $1,000,000. Remember, the bank does not care about the potential of your property. Whatever the original value is, it will stay like that.

Multi-family homes, on the other hand, are valued using the income approach. This means that the potential of the house is considered—the more free cash flow the house can produce, the higher its value. Multi-family homes will give you control of your additional profit streams, optimize your expenses, and even raise the rent. It gives you the ultimate control over your property’s value.

3) Greater Cash Flow

Single-family homes can easily and will absolutely kill your cash flow. Your profit depends on your tenants, so your cash flow will be severely affected if they leave. This, however, does not really happen in multi-family houses.

Multi-family houses can free your cash flow because it contains more units. The expenses are spread out over these units, so your ratio of expenses per unit decreases. As you can see, you have a greater advantage in expense ratios.

Another thing to consider is management fees. With multi-family houses, you can improve cash flow because your management fees are notably lower, at only around 3 to 4 percent.

Final Thoughts

You must explore the most profitable option when investing. After all, real estate is a reliable source of passive income that can help you remain financially stable in the long run. Through multi-family home rentals, you will be able to achieve this goal as long as you make intelligent choices on when and where to invest.

If you are looking for a trustworthy Manitoba real estate agent to help you find the right property, you can contact Chris Low. He is an experienced real estate agent in Brandon, MB that can help you understand the community, competitive opportunities, and the various decisions you can make before you sign the dotted line.

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Investing in land properties is one of the best decisions you can ever make. The land has so much potential—you can develop it, increase your home’s value, or leave it alone and let the price increase naturally. You have a wide variety of opportunities when you invest in land.

However, do take note that you have to do thorough research before you finalize your land purchase. To start, here are three key advantages of investing in land:

1) Steady Increase in Value

If you invested in land in a good location, it is likely to steadily appreciate in value. If you do not want to leave it alone, you can explore the numerous ways of utilizing it. Developing or leasing it is just one of the most common uses. Conduct research on what method can generate more income in the future.

Use your land according to the location. When you do your research on the area, check the businesses and establishments operating around it. Before buying, you can also determine the typical price of land in the region by researching.

2) Source of Passive Income

As mentioned, you can just leave your land alone and let it appreciate. You can increase your net worth without exerting effort. You can also create tourist attractions or rent to businesses so that the plot can generate extra income. You should conduct research and explore available opportunities to maximize the potential of your land.

3) Great Retirement Plan

Owning land can undoubtedly develop your personal finances for retirement. You should be creative with how you use it so that the price will increase when you sell it. You can also rent it out. 

Important Considerations

Now that you’ve thought about critical advantages, it’s time to think about factors to affect buying real estate. In particular, here are things you should consider when you are looking for a property for sale in Canada.

1) Tax Implications

It is best to look up the taxes related to the property you are going to buy. Seeking professional help is highly advised so that you can avoid financial complications. 

2) ROI Guarantee

Land investments are definitely worth it if you know the best strategies. Do thorough research on the variables that can affect your return on investment. Timing can be a significant factor in your ROI, so make sure that you calculate the value of the area, as well.

3) Investing Overseas

The rule of thumb when investing overseas is to seek professional advice. Whether on legal or land matters, you should have a contact in Canada. You also have to be mindful of scams that aim to steal your money. Some properties also have hidden expenses, so watch out for those.

Final Thoughts

Land investments are great if you know the best strategies. After all, like all investments, it comes with risks, so you have to approach it with care and caution. By exercising due diligence, you will be able to limit potential risks and maximize the returns.

If you are looking for homes for sale in Canada, you can contact Chris Low from ReMax Valleyview Realty. Our team will ensure your needs and requests are met, so you can get your target property soon! Let’s discuss what you have in mind—book a call today!

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I have listed a new property at 35 Maple Ridge Crescent in Brandon.
C15//Brandon/Fabulous custom built multi level home built on an oversized 51' X 177' lot. Upon entering this home and noticing the grand entrance, with seamless glass railing all the way to the top, this floor plan is not only different, it is awe inspiring. With bedrooms and a full bath on each floor, the use of space and added taste makes this home a one of a kind. The open plan kitchen/dining area boasts a hidden walk-in pantry with coffee bar area, a beautiful Island and plenty of cupboard space. The high ceilings make this 2113 SF home feel extra spacious while large windows emit loads of natural light. The primary bedroom boast a 5-piece grand en suite with imported soaker tub, his and hers sinks, tiled shower and large walk-in closet. The finished basement includes a wet-bar, a fifth bedroom along with geo-thermal heating/cooling system and two hot water tanks. Home has built in audio for main floor, primary bedroom & basement. Backyard features a large covered deck, built in speakers, and duradeck surface. (id:2493)
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