You probably can get at least 1200/mo for properties going around the 200k mark in W and SW.

Hi there, Just to give an update. I have been looking at both types of properties (older town homes and newer apartments). In the areas I'm looking at, for the same purchase price, the rent would definitely exceed $1200/mo currently. However, I'm leaning towards the newer apartments just...

Thanks to both for your valuable and sage advice. I feel better informed and will look at both types of property before I make my decision. Thomas, I like your "fish, steak or pasta" analogy. I guess there is room for each given the right conditions. Cheers,

Hi, The price I'm looking at is around 250K and the utilities fees are $250-300/mo. There are a few older town houses in the West end available around that price. I'm more used to a town home to rent out. But this time, I'm leaning towards the apartments since I can get a newer one for around...

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...