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Canadian Property » For Sale » British Columbia » Silver Star » 1, 2, 3 Bedroom Apartments

1, 2, 3 Bedroom Apartments in Silver Star


Location

Canada
British Columbia
Silver Star

Available units

  

Studio
41m2 - 50m2 280000 CAD

  

1 bed
59m2 - 59m2 310000 CAD

  

2 bed
82m2 - 82m2 400000 CAD

  

3 bed
from 108m2 590000 CAD

Delivery date: December 2009
Mortgage calculator

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Property ID: 339414








     
 

 Description

Key selling points

  • Low 10% deposit
  • Closing December 2009
  • Shortage of rental property at Silver Star
  • This is the only apartment project at the resort
  • Ski in, ski out
  • High capital growth in the region of 20%

A rare opportunity to ensure below market prices at this resort which is growing faster than the number of properties available. A ski in, ski out opportunity, this should be considered very seriously by any investor. Low intial deposit: 10% down, an additional 5% in one year and the remainder in 2009.

These are studio to 3 bedroom apartments.  Full details will be available soon, but it is highly recommended to express interest now, as priority for reservations will be given on a first-come, first-served basis.  This means that those who express interest early (with no financial commitment at this time) will be given first choice on apartments.

There are 4 proposed phases.  Phase one has sold out (as of 2 Oct 2007). 

In total, 125 freehold apartments of various sizes are planned.

Apartment sizes
 
     Studio                  1Bed               1 Bed/Den           2 Bed/2Bath               3 Bed/2 Bath
     460-550 ft2            650 ft2             800 ft2                910 ft2                        1,200 ft2 
     41-50m2                59m2               72m2                 82m2                          108m2  

Floor plans will be available soon.  Please make an enquiry today to get yourself on the list - there is no financial obligation at this point and you are free to remove yourself from the list at anytime before reservation.

Price Ranges
 
Studios start at CDN$ 280,000  (£132,580 / €195,440)  up to CDN$ 590,000  (£279,365 / €411,820) for a large 3 bedroom apartment.

Financial

At this stage, there is no financial commitment to express interest.  By expressing interest, you will be put on a reservation invitation list and then once a date has been confirmed, you will be invited to reserve.  At reservation, a 10% deposit will be required, to be held in trust.

On September 30, 2008, a further 5% will be required.  Closing will be in December 2009, at which time the remainder of the purchase price will be required.
 
Resales have already experienced 10% in capital growth since the month of March.  By reserving, you hold the 2007 price for a closing purchase in 2009 - this is a better offer than any discounted property and this sort of opportunity does not come onto the Canadian market very often!

 
     
     
 

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