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The story’s always the same; there’s a huge need, but very little is being done to meet that need. In our own small way, we think we can help.\r\n\r\nIf you’re someone looking for that rare affordable home, you might want to consider these two unique opportunities. One is a 1200 square foot, 3 bedroom, 2 bath home, priced at $279,500, while the other is a smaller 2 bedroom, 2 bath home of just under 1,000 square feet. The smaller home is priced at $229,500. Complete with appliances and central air conditioning, both these move-in ready homes can be purchased for as little as 5% down, with total monthly payments of $1,707 and $1,653 respectively. That’s less than the rent you would pay for most 2-bedroom apartments in Winnipeg. \r\n\r\nHow do we make it that affordable? It’s all because of the unique ownership structure at Rivergrove Estates, Manitoba’s premiere manufactured home park. In our park, you own your home, but you lease the land the home sits on. This form of ownership structure is used for many of the recreational areas in the province (Falcon Lake, the Whiteshell, Clear Lake, Hecla Island, etc.) as well as for many high-end resort properties in the U.S. \r\n\r\nThis unique ownership structure means no Land Transfer Tax on the purchase ($3,364 and $2,364 respectively), no property taxes (easily $300 per month) and you get a tax credit on the monthly rent you pay for your lot. Importantly, the lease on your land falls under the Provincial Rent Control Legislation, so there’s little likelihood of a large rental increase in the future.\r\n\r\nThere’s only two, and when they’re gone, they’re gone, so if you’re in the market for an affordable home, make sure you check out these unique opportunities!\r\n\r\nTo arrange a private viewing, or to receive a detailed information package, call/text Tom Creighton at 204-229-1775, or email FBB@MTS.NET.\r\n\r\nRIVERGROVE ESTATES\r\nCITY CONVENIENT! 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This is a great opportunity for a handy buyer or investor looking to add value/ sweat equity, needing finishing touches with lots of potential! Awesome Oversized 30'x24' Insulated & Sheeted, Double Detached Garage Built in 2010 with 240v wiring, Raised curb, & Workbench. Situated on a 50 foot 'double' corner lot at the end of the street, Very Private, Spacious yard, Fenced with sliding driveway gate, Deck with Pergola & Newer storage shed with built in shelving. The home has an open concept living area, Kitchen Island, Double sided gas fireplace, Central Air Conditioning & Forced Air Heat plus Full basement that could be developed! 200A service, Appliances Included! Upper level is insulated, future living space or second bedroom? Tons of potential waiting for your ideas! 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