Should You Invest in a Calgary Condo or a Purpose-Built Rental?
Posted by Ray Yang on
Calgary’s rental market continues to evolve, driven by rising demand, limited supply, and affordability challenges for buyers. For real estate investors, the big question is: what’s the better investment — a traditional condo or a purpose-built rental (PBR) property? Both options come with unique advantages, risks, and long-term strategies. Here’s a breakdown to help guide your decision.
1. Upfront Costs and Financing
Condos: Typically more accessible for first-time investors. Lower purchase prices make them easier to finance, especially with rising interest rates. However, condo fees can impact profitability.
Purpose-Built Rentals (PBRs): These properties often require higher upfront capital and are usually geared toward institutional or…
32 Views, 0 Comments