Real Estate Investment:  1 & 2 Bedroom Condos in Langford - 868 Orono

About This Property                               

Spacious, Brand New 1, 2 & 2 + Den Bedroom Condominiums in BC's fastest growing community. Pinnacle is being developed by an experienced Georgie Award winning development team. The condominiums in Pinnacle boast a beautiful landscaped courtyard and excellent views. 

Occupancy is scheduled for May 1st, 2020.  The property manager already has 60% of the building rented.  Great opportunity for investors. Completely turn-key investment product.

A variety of floor plans are being offered with spacious layouts featuring

  • Open concept plan for entertaining freely
  • Abundance of natural lighting from extra large patios or decks
  • 9’ ceilings 
  • Energy efficient stainless steel appliance package
  • Luxury vinyl plank flooring throughout
  • Shower/soaker tub combination with chrome fixtures
  • Contemporary porcelain tile flooring
  • In-suite washer and dryers
  • Full building video security
  • Convenient and secure keyless fob


  1. PRIORITY ACCESS. VIP Clients will have an early opportunity to choose the most desirable condominiums with the best views and locations and purchase them at exclusive VIP pricing.
  2. RELAXED DEPOSIT SCHEDULE. As opposed to the standard 20% deposit required as part of our purchase contract, Preferred Agents and their VIP Clients will be able to purchase a property with only a 10% deposit.
  3. SPECIAL DEPOSIT ARRANGEMENTS. Of the 10% purchase deposit, 5% will be required seven days after the sales contract is signed and/or at subject removal and the remaining 5% will be due April 15th, 2020
  4. NO ASSIGNMENT FEES. ONLY $500 ADMINISTRATION FEE. Investors who purchase and wish to assign their contract will ONLY pay a $500 administration fee. Subject to regulatory filing requirements.                              
  5. TURN KEY PROPERTY MANAGEMENT OPTIONS. Preferred Agents and their VIP Clients who wish to join the rental program will be able to join the turn-key rental management program and have a professional property manager manage all facets of the rental in one of British Columbia top rental markets.

Asking Price: $274,900 + GST

Initial Cash Required: $79,000

Monthly Cash Flow: -$47

Annual ROI: 17%

Profit after 10 Years: $139,000



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