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Condominium
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Investment in a commercial property can provide secure log-term income streams and steady capital growth: it can help you diversify your investment portfolio from residential property.
When you buy a single family home, the lender looks at you and your credit first and the property second. With commercial properties, the lender looks first at the cash flow, then at the condition of the property, and lastly at the borrower’s credit rating.
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Pros
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There are some substantial advantages to being the landlord of a commercial/industrial property:
- A steady stream of great tenants for any good property;
- Commercial properties are typically long term - 10, 15 and even 25 years is not uncommon
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Whereas residential property has recently given high capital growth (particularly over the last 10 years) commercial properties provide low but steady growth, but a high income return.
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This latter point particularly suits the individual who needs income now
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Cons
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Like all investments though, commercial property is not without its risks:
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Commercial properties generally need a bigger initial investment than residential properties, and can take months even years to dispose of.
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Our goal is to empower you. We will walk you step-by-step through the process to help you realize your dreams. We want you to invest in commercial real estate in a way that creates the lifestyle you want without years of hard work. Kim Miller has extensive experience in condominium real estate and will present profitable solutions to either ease you into the commercial category or help you in maintaining steady growth for those of you that are currently involved in this market. From start to finish our team can assist in the purchase, renovation, rental and leasing and even the sale should that time come. Kim will provide you with the details of the property up front and inform you of the possible profit and benefits as well as disadvantages so that you will go into each transaction as a well informed investor. Your success is our success and we strive to maintain long term relationships with all of our clients.
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Kimberly Miller Real Estate Salesperson
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Kim Miller is an accomplished real estate salesperson with over a decade of experience. Her marketing background gives an advantageous and rare insight to how to get a listing sold. The team knew we were attaining someone special when her main complaint during the interview process was that she "sells her listings too quickly".
Currently, Kim is focused almost exclusively on increasing the marketing share of condo listings we have in the Windsor area, as well as continuing to promote the idea that condos make fantastic investments for those folk that want a safe, predictable income property.
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LIST OF CURRENT CONDOMINIUMS DEALS
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150 Park 2009, Windsor, ON, N9A 7A2
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150 Park 909, Windsor, ON, N9A 7A2
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150 Park 3010, Windsor, ON, N9A 7A2
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150 Park 2811, Windsor, ON, N9A 7A2
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150 Park 2604, Windsor, ON, N9A 7A2
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150 Park 1612, Windsor, ON, N9A 7A2
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150 Park 1503, Windsor, ON, N9A 7A2
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