A piece of property has come up for sale and I am looking into purchasing it. The first floor is commercial and the second and third floor is residential appartments.
I am looking at this property as well as others around town. How mcu do 4 and 1/2 and 3 and 1/2 appartments go for these days in Montreal. I know that it all depends on the property and its location, but can any of you give me an idea of the different rents that are charges around town?
I am thinking that as the housing boom in the States go bust, this will effect the Canadian market. This may be a good time to park your money for long term future growth. What is you opinions, gentlemen?