Looking to buy as an investment? ZEN Riverstone offers a one-year rental guarantee
The investor’s rental rate won’t be less than the pre-determined rate. If it is, we’ll top up the difference for up to one year.
With new homes starting in the $170,000s, ZEN Riverstone by Avalon Master Builder is an affordable choice in Cranston’s Riverstone.
The community is steps from the Bow River and Fish Creek Provincial Park, surrounded by the beauty of the river valley. ZEN Riverstone offers that rare combination of affordability and a premium lifestyle in a natural environment.
“That’s what separates us from other communities,” says ZEN Riverstone area sales manager Mariam Ali. “We’re close to local amenities in Cranston but nestled into a park just down the hill. It’s a very spacious community with trees and wildlife all around. You really need to drive by and see. It’s not like anything else.”
Prices start in the $170,000s for 517-squarefoot to 1,058-square-foot one-level flats with one, two and three bedrooms, and in the $260,000s for 1,143-square-foot to 1,503-square-foot, two- and three-bedroom stacked townhomes. Starting in the $350,000s, ZEN Riverstone offers two- and three-bedroom garage townhomes, from 1,345 square feet to 1,401 square feet, with fenced backyards.
With historically low interest rates and affordable prices like these, the dream of owning a home in this very desirable community can be real.
“We have 13 different models within three home types, all offering modern, open-plan living. It all comes down to affordability and what homeowners are looking for in a new home,” Ali says.
One-level flats are accessible and easy to maintain. Two-storey stacked homes can have a versatile third level with a private rooftop patio, a coveted feature in modern multi-family design.
The third level, available on end units, is perfect for a home office, yoga room or for entertaining. It could also be converted to an extra bedroom. Outdoor space on the rooftop will accommodate a small garden or lounging area where homeowners can enjoy coffee at sunrise or star-gaze after dark, far from downtown city lights.
“This is the feature that people love the most. A rooftop patio is so appealing right now when everyone is at home so much,” she says.
The front-attached garage models have fenced backyards, very convenient for pet owners. Each yard faces an escarpment, where Ali says wildlife often passes by.
The condo fees are also affordable, ranging from $99 to $315 per month.
With Avalon’s reputation for building performance tested energy-efficient homes, the savings continue on monthly energy costs. Each ZEN home is Energuide certified with Energy Star-rated appliances, vinyl dual-glazed low E glass windows and continuous fresh air ventilation systems.
Buyers motivated by current interest rates to purchase a ZEN Riverstone townhome as an investment will receive a one-year rental guarantee, says Ali.
“With certain conditions, we’ll guarantee rental income for one year and the investor’s rental rate won’t be less than the pre-determined rate,” she says. “If it is, we’ll top up the difference for up to one year. This includes one year of property and rental management fees.”
There are three beautiful show homes at 111 Cranbrook Square S.E., open by appointment only: The 1,168-square-foot Ambrosia, with two bedrooms and 1.5 bathrooms; the 1,285square-foot York, with two bedrooms and 2.5 bathrooms, showcasing a rooftop patio; and the 1,058-squarefoot Ellison, with three bedrooms and two bathrooms.
Appointments can be made by calling Ali at 403-529-3560 or check out a virtual tour of selected suites at zenriverstone.com.