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Edmonton Condo Investment
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Edmonton Condo Investment
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Dapper
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26 May 2012 4:03 AM
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Edmonton Condo Investment
Hey members. I'm located in Ontario and I'm considering investing with my brother in a proposed 812 sq ft 2 bedroom 2 bath condo in Edmonton. I say proposed because it is pre-construction. He already has put 5% down and the price was $174,000. It is the Element condo in the McConachie neighbourhood. Any insight to the type of rents I can expect to be getting in this area as well as vacancy rates so that I can analyze whether I should go 50/50 with my bro would be a great help. He also lives in Fort Mac so we would need a property manager to manage it for us so if you know of any good property managers in Edmonton that would be great as well.
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