Tuesday, October 12, 2010 9:41 AM
Larry Hann
Harbourside Executive Condominiums and Spa: An Ideal Hands-off Investment Opportunity in St. John's Real Estate
The Second Phase of the Harbourside Executive Condominium, Spa and Private Residences is now available.The developers just released two new options, 13 - 1 bedroom + den units, and a private residence component. Click here to order a full Project Prospectus.



Bedroom + den
- These units are 750SF, with two full baths and floor to ceiling glass in both the living room and the master bedroom.
- They are fully furnished and equipped to a five star standard.
Private residential units
- The Private Residence option is available by appointment only.
Harbourside Investment Units
There are now 84 investment units rather than the 123 units originally planned. You have two choices:
- You can choose to participate in the Five Year Lease-Back Option. This offers you a 100% hassle-free investment with a guaranteed monthly income at 6% of the purchase price.
or
- You may choose to live in the unit for part of the year and place your unit in the rental pool for the remainder of the year. With this option you forfeit the guaranteed income.
Deposit incentives include:
- a full furniture fit-up,
- a guaranteed purchase price from day of deposit, and
- a 12% bonus on your reservation deposit. This is offered until the completion of model suite. The bonus is paid upon possession of the unit.
HST rollover available for qualified buyers.
The Harbourside development is an ideal opportunity for you to stake a claim to one of the few remaining prime waterfront locations in downtown St. John's.
NB: The courtyard view units from Phase l are being offered at the original price. There are several 475SF units with choice harbor views still available from Phase l.
Please call 728-1169 or contact Larry for more information or to discuss opportunities to invest in St. John’s real estate.