11-11-2015, 09:35 AM
(11-11-2015, 12:19 AM)danbe Wrote: Do you think its smart to invest in a 1 bedroom + den unit in icon 330? I would be living there and renting the other room..
Im just worried that price might go down with all the new proposed condos, what do you guys think?
The way I see it, is all about how much rent you are likely to get in the future. If rents hold you can always sell and recover your money, if they pull back prices per unit will drop to reflect lower carrying mortgage capacity. Having said that this is prime location next to university, so they will likely trade at a premium as compared to units farther away.