Buying commercial property in Canada

[prehistory]

If you were buying a commercial property in Canada, where would you go? Toronto, Calgary, Vancouver?

Is this a good time to buy? or would you wait a little longer?

 

[housingrental]

This is too broad of a question as your particular goals and portfolio should help determine this.

As a general to my eyes all those markets you list going cap rates are too low for the risk involved.

Generally, it seems like a good time to be in a mix of cash and multi-family properties that have been poorly managed and are priced at a discount that more than reflects this.

 

[Thomas Beyer]

QUOTE (housingrental @ Feb 28 2010, 11:20 AM) This is too broad of a question as your particular goals and portfolio should help determine this.

As a general to my eyes all those markets you list going cap rates are too low for the risk involved.

Generally, it seems like a good time to be in a mix of cash and multi-family properties that have been poorly managed and are priced at a discount that more than reflects this.
good insight .. but VERY HARD to find undermanaged properties at decent prices !

And given low interest rates and murky stock market outlook I do NOT expect CAP rates (i.e. yields) to go up anytime soon !!