Edmonton Green and Growing

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com   email: info@glennsimoninc.com


May 1st., 2016
Volume 20, Issue 8

Dear Friends and Partners,

Edmonton is green again. I don’t mean all the talk of diversifying into green energy, I mean spring!

 It has sprung around our city and we’re seeing lots of activity with construction. Several of our target mature neighbourhoods, are seeing prep-work for new sidewalks, roads repaved and even streetlights put in. There are lots of new builds up in Ritchie, Bonnie Doon and Westmount.

We’ve got roads being widened for LRT expansion and all to the backdrop of the arena and towers going up. Yes, there’s a fog of (legitimate) gloom that you have to peer through to see all that, but it’s happening. The grass still grows and the sun still shines. The strategy is to play a 'longterm game' at this point.


Forest Heights: Side by Side, 4-Unit. 2 Blocks from future LRT + Cashflow

Great area, non-conforming 4-plex (side by side duplex style) is 7 minutes to downtown; in the heart of Forest Heights.This property can apply for legal suite zoning and upgrades to make legal.

This is property is in good shape and can have upgrades done using a PPI strategy to add legal suites and upgrades. 1957 built, new roof, windows, kitchen and laundry.

Terrific access to local amenities in sought after Forest Heights. Includes a double garage, pad and large lot. Purchase price includes reserve fund and small renovations included into mortgage, to make the property shine! This is a turn-key deal. Excellent access downtown and in the highly rent-able and desirable neighbourhood of Forest Heights.

Comes complete with great tenants making this a totally turn-key property for you.  Forest Heights is a mature neighbourhood that is convenient for tenants working downtown and attending UOA. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

*Purchase price includes $10K in renovations.
Purchase price: $705,000
Total Investment: $156,930
Your Estimated 5 Year Profit $101,310
Your pre-tax Total ROI is 65% or 13% per year

These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

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Edmonton mayor seeks to make city a leader in health innovation

By Justin Giovannetti, Globe and Mail, April 25th., 2016

Mayor Don Iveson said Edmonton’s economy is due for a rebranding as he unveiled plans Monday to market the struggling city as Canada’s hub for health innovation.

With 250 health-science companies already based in Edmonton, many of them startups, the new marketing strategy doesn’t come with public investment attached. Instead, Mr. Iveson says all the pieces are already there, including a world-class university, a large provincial investment fund and a group of young entrepreneurs. READ MORE HERE 

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Why Trudeau must approve one of these pipelines

By Campbell Clark, The Globe and Mail, April 28th, 2016

This was supposed to be the political bargain: a pipeline to tidewater in exchange for a climate-change plan. Both Justin Trudeau and Rachel Notley sold that deal to voters.

There were always two problems with it. One was that not everyone who supported the politicians bought both sides of the bargain: Many environmentalists, for example, never accepted the pipeline. The other was that opposition to each pipeline is as much about local objections as greenhouse gas emissions, so Mr. Trudeau must spend political capital to deliver one. And the question is where it will cost the most – in B.C. or Quebec?  GRAB THIS ARTICLE


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Edmonton's Real Estate Market Will Love The Oilers’ Move To Roger’s Place

 By Wayne Karl, Huffington Post, April 7th, 2016

The NHL's Edmonton Oilers played their last game at Rexall Place on Wednesday night, and will head over to the $480-million Rogers Place in the fall. Real estate values -- as well as Oilers fans -- will love the move.

The common belief that new arenas and sports stadiums are slam-dunk wins for their billionaire owners and millionaire players, but big fat goose eggs for the local economy... Well, that could be dead wrong. A report not only suggests the opposite, but says such projects actually boost surrounding real estate values. FOLLOW THIS STORY

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I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

“As sure as the spring will follow the winter, prosperity and economic growth will follow recession.”  -Bo Bennett

Warm Regards,

Todd and Danielle Millar