PINECREST VILLAGE CONDOMINIUM
A Newly Created Residential Condominium Ownership and Investment Opportunity!
Pinecrest Village was constructed in 1981 as the city’s newest and best, higher-end residential apartment complex.Located in the heart of the city at the intersection of Pine Street and MacDonald Avenue it features 48 two bedroom suites and 10 deluxe three bedroom suites.
The building is also served by a recreation complex with pool, whirlpool, sauna and exercise room plus a large, well equipped social room and separate billiards room, plus parking garage, all on an expansive and well cared for, landscaped site.
Now is the time for you to take advantage of a new ownership offer!!
All of the suites at Pinecrest Village are now available for individual ownership under its conversion to Condominium. Many suites have already been sold but there is still selection and we know that Sault Ste. Marie is ready for this great opportunity!
All existing tenants shall have a Right of First Refusal to purchase the suite in which they presently reside; In addition, under Provincial Law tenants at the time of conversion have the right to remain as tenants indefinitely, subject to annual rent increases.
However, this is a wonderful investment opportunity! You can purchase one of the already occupied suites, assume the present tenant, and have them pay your mortgage until they vacate or it’s time for you to move in personally, install a new tenant or re-sell the suite in a market with an ever increasing demand for a high quality. No worries, residential lifestyle!
Take a look though the attached photos, price list, floor plan display and contact me today!
Steve McGuire, Associate Broker
Royal LePage Northern Atvantage Brokerage
“Exclusive Agent”
(705) 542-7389
Don’t miss this unique opportunity!