[mykalberta]

If she was just starting out in first year I would say buy with the condition that the kid has to finish the school there and not flake out and finish somewhere else. With Edmonton unlike Calgary the highest rents are near the university and not downtown. Residence is less expensive but also brings its own issues.

My parents had the same dilema with me, my brother, and sister. All who went to school in Edmonton so a condo purchased in 1999 would still be in use by one of us today. The problem is finding a friend who can be a room-ate.

If you daughter is planning on making Edmonton her home after school then I would consider the condo (with the intent/expectation that she has to live there afterwards). Currently Edmonton has some big plans in regards to LRT expansion. I dont know how much of it is funded so you might want to check on their website to see.

My sister has a few friends who rent in Sherwood Park and take transit to the UofA. It allows them easy access to the Henday. Its something I would be ideologically against as Sherwood Park is the worst of the worst when it comes to parasite communities but its worth a consideration.