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The Rosseau At Red Leaves Condominium Hotel Suites Receivership Sale – Luxury Muskoka Resort Condos – Perfect for Your Retirement Investment Portfolio

By appointment of Alvarez & Marsal Canada ULC – Court Approved One-Day Sale of Retirement Condominium Hotel Suites of the Rosseau Resort Developments Inc in Muskoka retirement real estate market in Ontario coming August 22, 2009. The Rosseau at Red Leaves retirement condominium hotel suites in Muskoka Ontario are now approaching their one day receivership condo sales with basement bargain pricing on their remaining unsold waterfront property. Your best opportunity to own prime Canadian retirement real estate in Muskoka is now at the receivership sales of The Rosseau at Red Leaves Condo Hotel Suites. Baker Real Estate Incorporated has been appointed by the Receiver to sell the remaining 84 Red Leaves Muskoka retirement condominium hotel suites at this luxurious resort on Lake Rosseau Muskoka real estate in Ontario. Operated as a JW a Marriott Resort and Spa, this retirement Muskoka condo hotel offers unparalleled luxury living and all the amenities of a 5 star Canadian retirement community, without the hassle and maintenance of traditional cottaging for retirees and retired couples. The Rosseau at Red Leaves Muskoka retirement condo hotel suites in Ontario will be offering their remaining eight four condominiums in receivership sales in a one day event happening in late August, so if you are in the market for the best Canadian retirement community along Lake Rosseau in Ontario, now is the time to make your move for a great investment property.

The Rosseau at Red Leaves Condominium Hotel Suites are now selling in a one-day receivership sales event.

The Rosseau at Red Leaves Condominium Hotel Suites are now selling in a one-day receivership sales event.

More About the Receivership Sale of Muskoka Retirement Condos at Red Leaves Rosseau

The Red Leaves Condo Hotel in Muskoka retirement community is now already open. Come and experience the fine restaurants, distinctive retirement condo hotel suites, fitness centre and a thirteen thousand square foot five star resort spa here at the Rossea at Red Leaves receivership retirement condos in Muskoka Ontario today. Or you may plan your visit around the indoor and outdoor pools, or a business trip in the conference centre. Whatever you are looking for in the best Canadian retirement community of Muskoka condo hotel suites at Red Leaves Rosseau offers everything and more. You will be greeted at the Grand Lobby, beautiful landscaped gardens throughout the condominium hotel grounds as well as numerous walking trails that are simply stunning at this time of year. It’s all here and waiting for you during the receivership retirement Muskoka condo hotel suites for sale in this one day event. The best Ontario Canadian retirement condo opportunity is now here at Lake Rosseau Red Leaves condominiums for sale, but hurry, as there are only 84 opportunities left for sale through Baker Real Estate Incorporated who are managing the final sales and marketing for this luxury Canadian retirement condo community along Lake Rosseau Ontario. The Rosseau at Red Leaves offers condominium hotel retirement suites for sale at a premier vacation property where you can own an exquisitely furnished suite at an unimaginable price. There has never been a Canadian retirement condo receivership sales event quite like this before in Canada.

The Muskoka retirement resort condos for sale at the New Red Leaves Longview Condominiums are in receivership sales.

The Muskoka retirement resort condos for sale at the New Red Leaves Longview Condominiums are in receivership sales.

The Retirement Condo Receivership Sales Contact Information

If you are in the market to own or buy a vacation style retirement condo in Muskoka real estate market, sign up for your chance to purchase a basement bargain receivership condominium at the Rosseau at Red Leaves condo hotel development today. Priced from just $166,000*, these receivership Canadian retirement condos along Lake Rosseau Ontario has a priority hotline that you can call at 1.866.764.6388 or you can also visit their online marketing website for this one day sales event at www.redleavessale.com. The Lake Rosseau Muskoka retirement community receivership condo sales does not include associated properties at neighbouring communities including Clevelands House, Lakeside Lodge, Wallace Marina and the Rock Golf Course which are not part of this one day sale on August 22, 2009. The retirement Muskoka resort condos for sale are being sold by The Rosseau Resort Developments Inc. (the “Developer”) and not by Marriott Hotels of Canada, Ltd. (“Marriott”) and its affiliates. Marriott and its affiliates are not part of or an agent for the Developer, the declarant of the condominiums or a sponsor of the Developers’ offering of resort units in the Lake Rosseau at Red Leaves retirement Muskoka condominium hotel suites. Marriott and its affiliates have not acted as a broker, finder or agent in connection with the sale of the resort units here. Marriott and its affiliates also have not approved this program and maken o representations of warranties regarding it. Retirement couples and retirees will be required to release and hold harmless Mariott and its affiliates from and against any liability respecting the marketing, sales and construction of the Muskoka retirement resort suites at Red Leaves Rosseau and the hotel or any part thereof. The Developer uses the JW Marriott marks under license from an affiliate of Marriott. The Rosseau and Red Leaves are registered trade marks of the Developer. *Longview Suites at the best Canadian retirement resort condos at Muskoka Red Leaves real estate development start from $166,000. Prices and information are correct at press time and are subject to change without notice. Limited quanitities available. E. & O.E.

More General Information About the Rosseau Red Leaves Longview Suites

All Muskoka Red Leaves retirement homes are fully furnished and will range in price point between the mid $400,000s for two bedroom homes down to the low $300,000 range for one bedroom Longview Red Leaves at Muskoka Rosseau condominium homes. This best Canada retirement community at Lake Rosseau Muskoka real estate development will also feature studio plans from the mid $160,000s representing the most affordable units in the community. The condo fees for these Muskoka retirement condos at Red Leaves Rosseau will range from about $1.02 per square feet for this year and will include everything but the restaurants, commercial retail and spa charges. Property taxes for these Muskoka retirement condos in Ontario are about 1.37% of the purchase price (per year). These full ownership luxury retirement condo hotel suites will allow you to vacation for up to nine weeks per year. In addition, you can get bank financing for these Lake Rosseau at Red Leaves condominium hotel suites for your purchase.

The Top Rated Toronto Retirement Communities and Adult Living Choices for Retirees in Canada

Toronto Hearthstone by the Bay Retirement Community Development Provides Boost for Economic Woes for Retirees

No one is immune to the turmoil of financial markets, yet baby boomers and retirees may be the hardest hit and have the least opportunity to recover. While many people wonder how the retiree Canadian segment of the population will recuperate, the new Toronto Hearthstone by the Bay, an innovative Toronto retirement condo development, is creating a new approach to retirement living in Canada that will positively impact property investment portfolios. The Hearthstone by the Bay Toronto retirement community philosophy demonstrates that there is power in numbers. A monthly luxury rental retirement Toronto apartment based on double occupancy can cost upwards of six thousand dollars in today’s market. Factor in additional food, entertainment, house keeping and utilities and you are spending over $80,000 per year of taxable income on living in a top rated Toronto retirement community for adult living. Alternatively, by taking a capital real estate investment (such as the sale of a family house for $600,000) and applying it to the purchase price of approximately $365,000 for a 935 sq ft residence, living costs are as well as condo and club fees become reduced to $25000 a month for a new Toronto retirement condo community. Even if you purchased the condo with zero down, your monthly living costs and mortgage at the Hearthstone by the Bay retirement Toronto community condo would be approximately $5000 per month. Do the math, the result after 15 years is astronomical when it comes to comparing these numbers. The value of your original retirement living community condo in Toronto real estate market for adult living has now reached over $800,000. The option of renting would result in zero remaining capital after nine years! “The global economic downturn makes it critical to understand the financial impact of buying versus renting a retirement residence and how each option affects total cash flow, estate benefits and asset availability,” says Derek Thompson of Raymond James.

The Best Retirement Communities in Canada include the New Toronto Hearthstone by the Bay Adult Living Community

The Best Retirement Communities in Canada include the New Toronto Hearthstone by the Bay Adult Living Community

Why Owning an Adult Living Condo at Hearthstone by the Bay Toronto Retirement Real Estate Market Makes Sense

Derek Thompson also simplifies further the complex age old debate about owning a retirement home versus renting. “The answer can be found if you understand the Tax Act. If you have capital to invest and then use the capital to rent, the real estate investment income you generate is taxable. As you draw against it, assets are depleted due to the tax and income needed. Alternatively, an owned principle residence cannot be taxed as income and the asset continues to appreciate in value. I’ve matched renting versus owning costs for retirees in the analysis and the advantage sits with ownership due to the structure and costs of the Hearthstone by the Bay Toronto retirement home option.” Hearthstone by the Bay is a new Toronto retirement community of adult living condominiums for sale and will ultimately enhance the lives of retirees. Dog walking, airport pick-up and gourmet room service are only a handful of the luxuries planned for the resort style retirement condo. “The retirement industry is transforming and we are pleased to provide a very unique package that includes condo ownership, a resort lifestyle and health and wellness service as people need them,” says Renee Bourgon, Director of Marketing and Communications at Davies Smith Developments, who are in charge of the construction of the new Toronto retirement community at Hearthstone by the Bay adult living. Located on one of the best remaining sites on the Toronto real estate waterfront district – Hearthstone by the Bay retirement homes offers residents a modern retirement resort lifestyle with one of the most robust amenities packages on the property market for retirees. Residents at the Toronto Hearthstone by the Bay retirement residences will have opportunity to connect in a vibrant community featuring a gourmet restaurant and dining terrace, pub, library, greenhouse and cinema. People can pamper themselves with spa services, indulge at the private dining room, take an exercise class, workout in the resistance pool, or participate in community activities; such as organized trips, theatre and shopping – while taking advantage of supportive services located at the Hearthstone by the By Toronto retirement homes community health and wellness centre staffed by certified health care professionals.

Functional Floorplans, Outstanding Finishes and High Quality Craftsmanship of the Interiors at the Top Rated Hearthstone Retirement Condos in Toronto Canada

Functional Floorplans, Outstanding Finishes and High Quality Craftsmanship of the Interiors at the Top Rated Hearthstone Retirement Condos in Toronto Canada

More about the Hearthstone Toronto Retirement Homes for Sale

Designed by award winning Quadrangle architects and raw design (ongoing), condominium units at the Hearthstone by the Bay Toronto retirement adult living community range from the mid $200’s to the $500’s and feature wide entrances, faucets for arthritic hands and outlets that don’t require bending over. Munge Leung design associates have created sophisticated accents and designer options in the lobby and common areas of the new Toronto retirement living Hearthstone by the Bay community. “Today’s lively communities are definitely not your parents’ retirement home,” says Leanne, hearthstone Managing Director. Many of today’s retirees are more active than ever before and are looking for a community retirement adult living to fit their lifestyle. They want choices.” At the retirement living Toronto Hearthstone condominiums for sale, residents not only have a full menu of service options to choose from but as owners they also have a direct hand in developing them.” Any major life decision is important, and gerontology expert Jane Jones says, “starting the conversation early with parents and family members enables choice for those involved. For instance, connecting with a community while still active can enhance lifestyle and retiree longevity. And while it may not be possible to give the fountain of youth, sitting down and discussing options with family could be the best gift you give them. For more information about Toronto retirement living communities such as the Hearthstone by the Bay adult living, please visit www.HearthstonebytheBay.com or call 416.259.4466.

Retirement Living in Toronto is at its best at the Hearthstone by the Bay Adult Oriented Neighbourhood

Retirement Living in Toronto is at its best at the Hearthstone by the Bay Adult Oriented Neighbourhood


 

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