Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Downtown/Urban Condo

BigNumbers · 05-25-2014, 10:41 PM

Looking for some thoughts on the below...

I have a family member who's young (22 - man and woman) and looking for their first condo. They want 'walking distance' to downtown / urban (so mission, etc work as well as DT) and given they have zero maintenance skills and all their money will go to the down payment... No funds for a sudden cash call from the strata...

So based on this, I thought this was a good guide:

Newish building
A tower is better - more units to spread the risk over
tower is likely more rentable (this one is dubious, I know) - but they are thinking of renting it out if they move to TO in a few months
They want 2Bed/2Bath
Price range is sub $450K

Based on the above, I haven't really found much while perusing MLS... Any suggestions out there for buildings/listings they should consider?

05-25-2014, 10:41 PM	#1
BigNumbers Powerplay Quarterback Join Date: Jan 2013 Exp:	Downtown/Urban Condo - Advise for 1st timers Looking for some thoughts on the below... I have a family member who's young (22 - man and woman) and looking for their first condo. They want 'walking distance' to downtown / urban (so mission, etc work as well as DT) and given they have zero maintenance skills and all their money will go to the down payment... No funds for a sudden cash call from the strata... So based on this, I thought this was a good guide: Newish building A tower is better - more units to spread the risk over tower is likely more rentable (this one is dubious, I know) - but they are thinking of renting it out if they move to TO in a few months They want 2Bed/2Bath Price range is sub $450K Based on the above, I haven't really found much while perusing MLS... Any suggestions out there for buildings/listings they should consider?