View Single Post
Old 06-01-2017, 01:04 PM   #9867
lowside67
Old School RS
 
lowside67's Avatar
 
Join Date: May 2004
Location: Port Moody
Posts: 4,641
Thanked 4,157 Times in 1,262 Posts
Failed 130 Times in 80 Posts
Quote:
Originally Posted by Tapioca View Post
https://www.zolo.ca/port-moody-real-...anie-drive/228

It's tough to find value in the condo market right now, but this seems like a good value and is under priced compared to others. Built in side income in an area where surface parking is scarce and time restricted.
Those parking spots are actually really not worth much - there are pretty much always some for rent at $50/month. That is very expensive for an 818sf unit in the oldest building in the complex, I expect that unit will sell more in the $429k range. I am not counting on our unit breaking $500k (although recent sales suggest it probably will) and we have 975sf on the ground floor with a yard.

Mark
__________________
I'm old now - boring street cars and sweet race cars.
lowside67 is offline   Reply With Quote