- Joined
- Nov 30, 2012
- Messages
- 13
Hi,
We are looking to purchase a rental property in West Edmonton. We looked at listings for condos/carriage homes which are older but have more space, some with a yard and finished basement and newer modern apartments in low rises. The condo fees seem similar for both options although the purchase price is a bit higher for the newer apartments. The apartments would be lower maintenance. Do you have advice for either type of property as an investment?
We are looking to purchase a rental property in West Edmonton. We looked at listings for condos/carriage homes which are older but have more space, some with a yard and finished basement and newer modern apartments in low rises. The condo fees seem similar for both options although the purchase price is a bit higher for the newer apartments. The apartments would be lower maintenance. Do you have advice for either type of property as an investment?