I have seen lately an increasing number of condos on the MLS that are good opportunities to add to my portfolio. But I am trying to set a price range for 1BDRM condos as rental properties in the Calgary inner city area, such as connaught, victoria park, kensington, lower mount royal, etc.
Question: the metric $XXXk/door that some use to quickly assess a good/average/bad price of units, is that only applicable when buying entire buildings? Or also when purchasing single units in a condo conversion? The latter is my case.
Question: the metric $XXXk/door that some use to quickly assess a good/average/bad price of units, is that only applicable when buying entire buildings? Or also when purchasing single units in a condo conversion? The latter is my case.