Income Property Investment Firm Corners Market in Canada's 5TH Fastest Growing Community

June 4, 2012 - PRLog -- Vancouver, British Columbia: The unfamiliar town of Chestermere, located adjacent to the City of Calgary, is unfamiliar no more!

In the latest Canadian census, Chestermere registered a whopping 50% population growth since 2006 -making it the 5th fastest growing community in Canada! A high job growth rate and increased economic development are contributing to this remarkable upturn; signifying an approaching real estate boom that Canadian and Asian real estate investors are moving in on to capitalizing on.

Chestermere has one of the highest average household incomes in Alberta and the increase in population is an indication that it is benefiting from Calgary’s growth, via the ripple effect, and that it can expect a similar growth potential. Chestermere’s Mayor shared growth predictions in a recent interview, “Last year Calgary’s growth was 1.75%, and Chestermere was 2.75%... we anticipate growth to be anywhere around 45 to 60 thousand people in the next 30 years.”

Currently there are only three main property developments in all of Chestermere -one of which is owned by Vision Investment Properties. Chestermere Manor offers an excellent investment opportunity for people looking for strong cash flow and appreciation potential. Two-bedroom, 800-900 square-foot units are priced at around $210,000 (with rent amounts of approx. $1,300 per month). Properties in other parts of Calgary that generate the same rent amounts are averaging at around $268,000. In only two months since project launch, an impressive 70% of the multifamily condominiums have already been sold to property investors in Canada and as far away as Asia. Tom Napiontek, Director of Acquisitions, says “This is exactly the kind of results we anticipate with projects as promising as Chestermere.”

Recent investors are very pleased, with one client saying, “It’s reassuring to know that professionals are taking care of my investment.” With its affluent community, affordable condos, rising monthly rents, rapidly growing population, and strong economic developments, Chestermere has all the makings of a strong real estate investment market in the foreseeable future.

ABOUT VISION INVESTMENT PROPERTIES
Vision Investment Properties develops safe, secure, RRSP-eligible real estate investment opportunities, designed to help investors create wealth and achieve financial freedom through property ownership. The company strongly believes in direct property ownership, wherein an investor’s name is registered on Title as an excellent way to take advantage of the many benefits of real estate investing, while reducing risk at the same time. Vision has developed a unique investment strategy that is designed to take the guesswork out of real estate investing. Learn more at http://www.viproperties.com.