Hanlansboy
Active Member
3 BR in 800 sq ft? For 600K+, Come again? What's next, micro condos like those hotels in Tokyo? That's utterly absurd. Despite being a renter, think I'll stick with my 1100sq ft 2BR apartmen, and at only $1230/month, ulitities and parking included (it's a crappy old building on Howard Street, but the units are huge, and when we moved in 8 years ago, it was much cheaper, now, well, my downstairs neighbours are paying $1700/month and now have pay their own hydro aka, we're never leaving! After assessing the market, I can save more in the bank by renting here and paying next to nothing for living expenses, then buying a closet in the sky....BUT....I'm thinking about buying for investment and renting it out, anyone have feedback on that idea?