https://www.realtor.ca/real-estate/2...levard-burnaby
Even the most ignorant off-shore investor isn’t going to see value in an $800,000 6th floor condo in Brentwood.
Not to say this won’t sell, but there are hundreds of units within 3-4 blocks of this.
Who in their right mind would spend $900,000 on a 2 bed 2 bath in one of these buildings? With literally 6-8 buildings under construction right around you?
The second another new building goes up, your unit goes down in value.