2021 - HAMILTON, ON
Transformed property. Transformed future.
This investor was looking to expand and diversify his investment portfolio. We helped him navigate through a competitive market to source an off-market property at a fair discount and transform it into a valuable asset.
Discovering a hidden gem.
We guided this investor through the process of buying a property NOT listed on the market. We helped to see past the hoarders’ mess, identify and avoid potential pitfalls and ensure a successful outcome.
From chaos to cashflow.
Next we helped to reconfigure the space into 2 purpose-built rental units, tackling the chaos head-on. Now the units attract exceptional tenants who feel privileged to pay top-market rents for a wonderful home.
Tenants pay the mortgage.
This savvy investor maintains a long-term focus, taking calculated risks to acquire assets that will improve his financial future. With high-quality rental units he will have great tenants helping to pay down his mortgage for years to come.
OVERVIEW
$528,000
Purchase Price
$427,000
Cost to Develop
All in cost to renovate and carry the property
$60,600
Annual Gross Rent
$15,321
Annual Operating Expenses
$950,000
Appraised Value
What the property appraised for after renovations
9 months
Time to Stabilize
Time from closing to tenant occupancy
Check out more of our projects…
Three simple steps to achieve investment property success.
Investing in real estate is a big commitment. Good Stewards helps simplify the process into three easy steps so you can invest with confidence. Here’s how:
1
Schedule a call.
We take the time to review your situation and goals to craft a personalized investing plan.
2
Invest with confidence.
We then help you to source, develop and launch quality rental units, making a complex and daunting process simple.
3
Be a bigger blessing.
Free up your time for what matters and discover new opportunities for blessing others along your path to long-term wealth.
Ready to build wealth through real estate investing? Getting started is easy.
Simply fill out the form with your contact details and we’ll get back to you to book a call. You can also email Brent Vanderwoude directly at brent@goodstewards.ca.
Everything you need to source, develop, and launch rental properties.
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