Coldstream Meadows Retirement Community
Unit #109 - 9100 Mackie Drive
Coldstream, BC
V1B 1G9
June 2011
Re: Investment Opportunity – The Views at The Meadows
The Views is the premier retirement community in all of the North Okanagan and features an
unbelievable range of amenities and services for its residents. The Views must be seen to be
appreciated; not just the accommodation and amenities but the superb location only 5 minutes from
the intersection of Hwy 6 and Middleton Way. Of the remaining units left for sale in The Views we have
selected 8 suites to be sold to investors. The Views rental market is quite strong and we anticipate this
trend to continue therefore we need to make more rental units available. Alternately if you are
interested in an owner-occupant option we still have a selection of units on display.
A Perfect Storm of Opportunity
Never before has there been a better opportunity to invest in the Retirement Community industry.
Everyone has heard of the ‘perfect storm’ that created the 2008 global economic downturn. The Views
is also experiencing a ‘perfect storm’ but our ‘perfect storm’ is of opportunity with everything an
investor could ask for coming together all at once.
The Right Investment
There has been a host of investments that have disappointed over the past few years. Now is the time
for a stable investment. The one investment that has remained strong and stable and is projected to
remain strong and stable for the foreseeable future is an investment in a Retirement Community. This is
what Coldstream Meadows is all about. An investment in a Retirement Residence can also be structured
for use by a family member or for ultimate personal use to secure long term tax benefits. The Views can
be part of an excellent estate planning program.
Interest Rates and Lenders
Interest rates are currently the lowest they have been in over 50 years. Lenders also know that the best
real estate investment today is in the Retirement Community industry and they are willing to lend.
CMHC has some excellent programs for multi-unit investors and The Views may qualify for “Built Green”
premium rebates.
1
Population Statistics
The 75+ age group in Greater Vernon is going to more than double over the next 20 years. By 2034 one
in six people in Greater Vernon is going to be 75 years of age or older. Where are all of these people
going to find age appropriate accommodation and services?
Considering a Move to The Views in the Future
For those considering an investment in The Views today with a longer term plan of moving into your unit
in the future there are numerous advantages. An investment of this nature can provide a sound
financial investment coupled with the value of future lifestyle and peace of mind. When all of these are
taken into consideration the true value of the investment is incredible.
What is the ‘Perfect Storm’ of Opportunity?
A highly rated and stable investment, the investment opportunity is available now, potential long term
tax benefits, projected demand for retirement housing, our aging population, baby boomers are on their
way, historically low interest rates, possible future lifestyle investment and the finest Retirement
Residence in the North Okanagan. A ‘perfect storm’ of opportunity.
Seeing is Believing
The Views show home is open from noon to four every day, 7 days a week – we never close. A full
package of information for investors will be provided on your visit.
Terms and Conditions
1. We are providing extraordinary discounts on these units on the understanding that the
purchaser will lease the unit back to Coldstream Meadows Property Management Ltd. (CMPML)
for a period of 3 years. During the lease term CMPML guarantees the monthly lease payment to
the investor. At the expiration of the lease the investor could agree to extend the term of the
lease, take occupancy of the unit or negotiate a shared revenue agreement with CMPML.
2. Lease rates, payable monthly to the owner, will be per the following financial information.
3. It is intended that the lease will be a “completely carefree lease” for the landlord.
4. Property management is under the terms of an agreement between CMPML and Global West
Real Estate Services Ltd. DBA RE/MAX Commercial Solutions. All suite revenue is payable to
RE/MAX and all payments to the investor, CMPML and strata fees are made by RE/MAX.
5. Investors are responsible for the payment of property taxes.
6. For those investors wishing to purchase more than one unit a discount on the purchase price
will be offered in the amount of 2% for the purchase of 2 units and 3% for the purchase of 3 or
more units.
2
Typical Financial Information (may vary depending on unit selection)
Unit #103 – 2 bedroom, 2 bathroom, 1,077 sq. ft., luxury unit on the main floor. View is to the north
overlooking proposed parkland. This unit is subject to HST but is eligible for various exemptions. Priced
at $349,000 with an annual return of $16,800 which is 4.81% (less adjustment for net HST).
Unit #104 – 1 bedroom, 1 bathroom, 786 sq. ft., luxury unit on the main floor. View is to the south west
towards Kalamalka Provincial Park. This unit is currently rented and is classified as used residential
property therefore is HST exempt. Priced at $259,000 with an annual return of $12,000 which is 4.63%.
Unit #201 – 2 bedroom, 2 bathroom, den, 1,372 sq. ft., luxury unit on the second floor. View is to the
north overlooking proposed parkland. This unit is subject to HST but is eligible for various exemptions.
Priced at $469,000 with an annual return of $21,600 which is 4.61% (less adjustment for net HST).
Projected 5 year capital gain on all units could be in the range of 20% to 30%.
Contact Us
To purchase one of the select units on offer or if you would like to tour The Views please contact us as
follows:
Rebekah Beaton
Director of Sales
Office: 250-542-5661
Cell: 250-306-2426
Email: rebekah@coldstreammeadows.com
Rob Borden
Manager
Office: 250-542-5661
Cell: 250-558-9618
Email: rob@coldstreammeadows.com
Jack Borden
Developer
Cell: 250-503-8392
Email: jack@westwoodcompanies.com
There are only 8 units available at this time in our investor package and it is our intent to sell all of these
units by the end of July therefore we would encourage you to contact us as soon as possible. We look
forward to seeing you at The Views.
3