Oakville Beaver, 18 Jan 2006, p. 57

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Real Estate: The Oakville. Beaver, W ednesday January 18, 2006 - 17 The facts about mortgage financing for a rental property (NC)--For the last several years, weak stock markets have changed the way many Canadians are investing their hard earned dollars. More and more Canadians are venturing into the rental property market, some swayed by the real estate appreciation that we've seen over the last few years. Others want to add real estate to their investment mix to better diversify their portfolios. Investors who consider adding real estate assets are often confused about their mortgage financing options. Many investors who put 15 per cent down use an insured mortgage, but the cost of the insurance premium can be high. Even so, not all investors can meet the strict requirements that go along with an insured mortgage on rental property. Another option if you have a good amount of equity in your principal resi dence is to take some of that equity out, typically through a line of credit, to get a big enough down payment that may qualify you for a regular first mortgage. To simplify the process, you can also now consider a mortgage product, like the one available through Mortgage Intelligence, specifically designed for small investors interested in a residen tial investment property. Investors can access up to $600,000 with as little as 15% down without mortgage insurance, or leveraging the equity in their princi pal home. Perhaps now more Canadians can heed the wisdom offered by many finan cial professionals and diversify, diversify, diversify by including real estate in their investment portfolios. Information provided by Mortgage Intelligence. For more information: www.mortgageintelligence.ca or 1-877308-4892. - News Canada K e m m wart w ove you Cell: (905) 334-3357 Office toll free: 877-533-9224 $369,900 Fabulous detached home on quiet street in Glen Abbey. Premium lot, backing onto greenspace. Home has been totally redone, top to bottom. Updated plumbing, wiring,: roof, windows, kitchen, baths & more. Fully fin. basement. Nothing to do but move in & enjoy! · $1650 per month Brand new executive 3 bdrm townhome. "Hollyberry" model by Mattamy Homes. Never been lived in. Eat-in kitchen overlooks great room. Separate dining room. Master bdrm has walk in closet & ensuite bath. 5 appliances included. Available immediately · River Oaks - 4 bedrooms Large, bright principal rooms · 3 fu ll baths Herringbone hardwood floors, French doors, wainscotting, designer pain t colours · ~ ddawtrey@cogeco.ca R O Y A L L e PAGE II....mil p B H H lilllllllllllll i Royal LePage Real EstateServices Ltd., B roker Online home tours at www.DianeDawtrey.com r %rJ iW ADDor M H H IIIIIIIIIIIIIIIIIIIIIIIII tOUNCJ r o y a l lepage FRANCES WEDLAKE TOP 1% C A N A D A ** \ w WQRKS.COM KEN ^W ED LAKE 416. 543.8385 9 0 5 .8 4 5 .4 2 6 7 · toll free: 1.888 .6 4 5 .4 2 6 7 S a le s R e p re s e n ta tiv e ROYAL Le PAGE R eal Estate S ervices Ltd., B roker 1995-2004 905. 339.7773 RENTALS $1295 $1575 -U pdated 3 Bedroom - Kerr Street store m OPEN HOUSE SUN. 2-4 T/H w ith finished basement fro n t, just north o f BEAUTIFUL END UNIT Many updates. New white kitchen with ceramic floor and corian counters open to Living/Dining. 3 bathrooms. Finished basement too. W alk to Sheridan College. _______ FREEHOLD END UNIT Great West O ak Trails Cres! Full Spacious bungalow with 3 ensuite and walk in closet in bedrooms and . 2 full master, newly finished lower bathrooms, walkout from level, 1 2 'x l 2 ' deck, 12 'x l 7 ' Master bedroom to large deck. private patio. Double drive, Professionally finished lower prof. landscaping. level w/FP. 117 OSBOURNE THE RIGHT START! Super Westoak Trails location. Three bedrooms, four bathrooms. White eat-in kitchen w/walkout to fenced garden. Finished basement with wet bar. Lakeshore $1595 - C orner 2 Bedroom a partm ent w ith 3 Baths and Solarium $2500 - Glen A b b e y 4 Bedroom of over 3 3 0 0 sq. finished low er level. MAKE IT YOURS! Lovely 4 bedroom, 4 bath home in the 'W edgew ood Creek' area o f N /E Oakville. Beautifully landscaped with ingrouna pool. Finished basement too! Downtown Bronte location for this brand new townhome. Four car parking. Flexible possession date for Spring/Summer. Rooftop terrace. Visit sales office at 1 1 9 Nelson St. Corner of Nelson & Sovereign St. TRUE G LEN ABBEY iu iN d iK u v < iiu i> i: ©Copyright 0. Beaver ` 06 Fam ily sized 4 bedroom on quiet street, large eat-in kitchen w ith w a lk o u t to huge deck o v e rlo o k in g the ravine. C all Frances fo r exclusive appt. M ain floor master bedroom w ith 2 additional bedrooms and Family room on second floor. Extra w ide construction. D ouble ga ra g e . Bronte Village location. Sales office open now! - 1 1 9 Nelson St. Recently renovated and redesigned with quality and care. Cherry hardwood, Gourmet Kitchen with granite. Finished lower level.

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