Congratulations. Amazing rate. Who was the lender?

Thomas, do you think CHMC isn't worth it? Better to go conventional?

We did a 10 year term 2 years ago and I regret doing it also. I agree with your prediction of interest rates staying low for long

Thanks for the advise Thomas. I think we'll go with a 5 year

We are in the process of re-financing a building of ours (38 units in Calgary) and are going with CMHC - 65% ltv, 25 year amort with either a 5 or 10 year term (still deciding). Talked to our mortgage broker yesterday and he told us the rate yesterday for a 10 year term was 2.3%. Pretty cheap...

I think your idea of buying in Alberta after things bottom out is a good idea because you'll capitalize on the exchange and if you time it well, will likely get some decent capital appreciation on your property where most other markets will remain quite flat

Not as detailed as what you are looking for but the International Energy Agency has some decent data on global supply and demand... https://www.iea.org/oilmarketreport/omrpublic/

"Most of us" - poor choice of words. Just 1 of 3 is against going in-suite. We run a general contracting construction company and have done a couple heritage re-developments for other developers (1 condo project with in-suite laundry and 1 rental project with shared laundry) and 1 ourselves...

It is a heritage re-development with no parking. Most of us are for in-suite but a couple are against it so I appreciate all of the feedback and different perspectives.

We own multi-family in Calgary and we haven't seen any good opportunity in Calgary in the multi-family sector despite the fall in rents and rise in vacancy. Most people who own multifamily in Calgary have owned for a while, aren't overly leveraged and have a healthy balance sheet so they can...

Thanks for your input Trevor and Thomas. Thomas, it is a rental building and it will be a long term hold so we are more concerned if the extra rent you can charge is greater then the upfront cost and maintenance involved in having in suite laundry? Or is it more beneficial long term to do...

We are in the design stage of building an apartment building (32 units in downtown core of a medium size market) and are torn on whether to do shared laundry or go in-suite. Wondering if anybody has some insights on this? Thanks for the help!