The suites will be brand new, which is definitely a plus for those who do not want to do much maintenance or any renovations, but it looks like prices are not as low as many had originally expected. Ranging from $141,000 to $315,000, plus parking and taxes, there is a wide range of opportunities. In addition, units range in size from small bachelor apartments to relatively large 3 bedroom units.
For your information, I have attached a list of the unit prices below:
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Personally, I might consider owning one to rent out to students in the area, but at about $300,000 for a 2 bedroom unit, they might only be practical to live in in order to cover the mortgage payments and taxes.
For those who want additional information, just send me an e-mail and I will gladly give you more information and tell you how you might proceed.
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