Calgary price per door

[tj3311]

Can anybody tell me what a decent price per door is for an average 800 sf or so 2 bedroom apartment in ok shape and in a B or C neighborhood in Calgary?

 

[RedlineBrett]

Are you talking in the in the context of the purchase of a multifamily building?



If so you can expect to have to pay ~$150s for something with a decent number of 2 beds.



If you're talking just a single condo you're up closer to 200k and that won't get you much.

 

[tj3311]

Ya I'm thinking more along the lines of multifamily building. At $150s for decent 2 beds, in general, do you think that's a little high to pay now or do you see the market being strong for a while?



I realise each building should be evaluated on it's own, I'm just looking for more of a general opinion on the calgary multifamily market.