UNIQUE OPPORTUNITY FOR “NO RISK” 20% R.O.I. INVESTMENT! - WATERLOO REGION - $1,500,000

                           Generic photo to protect the privacy of residents

     

     UNDER CONTRACT

 

GREAT DOWNTOWN LOCATION

Why no risk? This innovative government program allows you to budget the FULL costs of operating this home INCLUDING FINANCING COSTS (Principal & Interest). The government covers all the budgeted costs and allows you a generous Owner’s overseeing income. Government subsidized Residential Care Home with long-term residents. Subsidy is not dependent on occupancy.

As costs go up, so does the budget. Therefore, you do not have to worry about: 

                        • increased labour costs;               • increased inflation cost

                        • Increased interest rates              • increased food costs

                        • increased property taxes            • vacancies

                        • increased insurance                    • maintenance

Budget is reviewed and renewed each year to ensure all costs are covered.

 

FEATURES OF THIS HOME:

1.     Fully updated with sprinklers

2.     Individual heating & cooling for residents. 

3.     All capital improvements ($370,000) are complete.

4.     Annual Budget is negotiated with the Government agency.
        Covers all costs including financing (principal and interest).

5.     Management, (27 years) and staff in place for a turnkey and
        “hands off” operation.

6.     Home is located downtown in a booming city with valuable real estate to
        back up your investment.

 

Please note, in order to be accepted for the government contract the Principal owner must have at least 3 years experience in operating a residential care home.