^ I feel that's pretty good already 550 sq at $1200 = $660. There's only so much demand for one beds before it gets too expensive for buyers. It already doesn't support itself in rental income. I would take that $660 and run. At 20% down that's a MTG of $528 which is pretty high even for a couple for a one bed. That's $2114 a month, 2.6% var over 30y. So after strata, property tax, and utilities that's easy $3000 a month for housing cost alone.
